How to Read IRR, Equity Multiple and Distributions
Development projects use three classic return metrics. Below are straightforward explanations with simple examples. 1) IRR (Internal Rate of Return) 2) Equity Multiple 3) Distributions 4) Common interpretation mistakes Conclusion Used together, these three metrics help compare opportunities and understand what is being priced into each project. Request a sample MakeSpace financial model to see […]
Development versus Ready to Buy. Understanding the Trade offs
Investing in a development project (equity in a development) is different from acquiring a ready-built property for income. Understanding those differences helps calibrate expectations and build a balanced portfolio. 1) Risk profile and time horizon 2) How returns are measured 3) Value-creation drivers in development 4) When it makes sense to participate in development Conclusion […]
International Drive for Investors
International Drive (I-Drive) concentrates some of Orlando’s most recognizable assets: theme parks nearby, convention centers, hotels, restaurants, and retail. For investors, the area combines strong foot traffic, visibility, and infrastructure. Below are the attributes that typically support property and product theses. 1) Traffic and visibility 2) Connectivity and access 3) Mix of uses and convenience […]
Florida 2025: What Still Underpins the Investment Case
Florida has established itself as one of the most liquid and closely watched real estate markets. In 2025, three pillars continue to guide investment decisions: (1) structural demand, (2) economic scale, and (3) an investor-friendly environment. Below is an objective overview for anyone considering deploying capital into development projects in the state. 1) Structural, recurring […]