Project Name: Hotel Development
Industry: Real Estate Development
Type: Mixed-Use – Hotel, Apartments (For Rent and Sale)
Duration: Ongoing (Since 2023)
Location: Dayton, Oregon

Project Background:

When Hotel Project floated the RFP for a major town development, it presented an exciting opportunity for real estate developers — but it also came with complexity. The development covered five distinct sites, each requiring a different plan. Some were suited for a high-end hotel, others for residential apartments for rent, and a few for properties meant for sale. The challenge? To present a proposal that demonstrated financial viability, creativity, and a strong understanding of the market and project feasibility. Hugh Development LLC, based in Portland, Oregon, recognized the potential but needed a financial partner who could help them stand out in a competitive field.

Service Scope:

• Financial Underwriting & Modeling
• Feasibility Studies
• Proposal & Investment Deck Creation
• Capital Stack Structuring
• Accounting System Setup
• Ongoing Bookkeeping & Reporting
• Stakeholder Financial Management
• Real Estate Underwriting Services for Investors
• Real Estate Capital Stack Advisory Services
• Custom Real Estate Investment Deck Design
• Real Estate Financial Modeling Services
• Real Estate Draw Package Management Services
• Real Estate Project Financing Experts

Problem:

Hugh Development needed to demonstrate their ability to take on a multi-site development project with diverse property types. The financial model had to reflect the individual needs of each site, which meant producing five distinct and highly detailed underwriting models. These models had to showcase the development’s potential from multiple angles — including revenue forecasts, financing structures, and long-term ROI. At the same time, the process was incredibly time-sensitive as the competition for the development was fierce.

The challenge didn’t stop at securing the bid. Once they won the project, Hugh Development needed a reliable partner who could stay with the project through every phase: from the initial pre-construction phase all the way through operations, refinancing, and eventual sale.

Action:

Recognizing the complexity of the task at hand, Finalysiz got to work immediately.

First, we helped Hugh Development craft a proposal that not only spoke to the client’s vision but also backed it up with numbers. This was where the real heavy lifting began — we didn’t just write a generic proposal; we built five unique underwriting models, each one tailored to the specific needs of the sites. Whether it was a hotel, apartments for rent, or for sale, each model required careful analysis to make sure it was financially viable and strategically sound.

We dug deep into feasibility studies, adjusting assumptions based on location, market trends, and financing options. For the hotel, we worked with hotel operators to ensure realistic revenue projections, while for residential units, we factored in varying rates of return based on rental or sales prices. We created detailed proformas, developed realistic capital stack structures, and ensured all models were in line with market expectations.

As the bidding process continued, we constantly updated our models, adjusting our assumptions based on the evolving landscape of the competition. Every change, from construction costs to financing terms, was reflected in our models to ensure they remained accurate and relevant. The result was a proposal that stood out for its precision and adaptability. Finalysiz didn’t just deliver numbers — we demonstrated expertise and foresight, which ultimately helped Hugh Development secure the bid.

Once Hugh Development won the contract, Finalysiz transitioned into the operational phase. We became integral to the development team, working closely with architects, contractors, and project managers. We established a centralized system for contract filings, meeting notes, and project updates. Our team set up the financial system, built reporting tools for stakeholders, and ensured that budgets, vendor payments, and timelines were carefully monitored. The goal was always the same: to keep the project on track, on budget, and aligned with the original vision.

We were hands-on from the very beginning, approving budgets and area plans, working with the construction company to monitor progress, and managing the flow of financial data. Our integrated approach to financial modeling and bookkeeping meant that we had full control over the financial health of the project, enabling real-time adjustments as conditions changed.

Result:

Thanks to the detailed and flexible financial models that we provided during the bidding process, Hugh Development LLC was able to win the bid for the Hotel development. But our involvement didn’t stop there. As the project continues, we remain deeply embedded in every stage of the process, ensuring that the financial systems we built continue to evolve as the development progresses.

From the initial hotel project to ongoing coordination with architects, construction teams, and vendors, we provide both strategic guidance and day-to-day financial management. Our ongoing role ensures that the project is always on track, with no financial surprises. The centralized system we set up for the project has allowed for streamlined communication and accountability, making sure that every vendor and contractor is aligned with the project’s financial goals.

Today, the hotel project is well underway, and the town development is on track to be a successful, profitable venture for Hugh Development. With Finalysiz by their side, they have the financial visibility and control they need to keep things moving forward, without missing a step.

Services Used:
Real estate underwriting services for investors | Feasibility study consultant for real estate development | Real estate capital stack advisory services | Custom real estate investment deck design | Real estate financial modeling services | Real estate draw package management services | Real estate project financing experts