The ULI Lunch-and-Learn Series brought guest speaker Daniel Stethem, a Development Analyst with Grosvenor Americas in to discuss his experience with putting together a proforma analysis. He began with a brief analysis of what goes into a proforma, how it is created and the details of its composition. There was a lively Q&A discussion after, that shed a lot of light on how developers put together financing for developments. The event left everyone with a better understanding of what exactly goes in a proforma and what to expect in the coming years for Calgary and Alberta, in regards to developments.

Scott MacIntyre