Total development cost
$92.97M+4.7%+$4,205,401 over $88.77M underwritten. Hard cost $73.91M.
CZ CALCbudget_lines GMP + executed changes + model interest
Development Intelligence Engine
The Owners' Command Center for Monitoring Daily Risk Across the Nine-Phase Development Life Cycle
Built on 35 risk areas, 178 aspect report cards and 1,577 control points, ClaimZero is designed to turn project data into clear, actionable intelligence, giving owners the real story behind cost, schedule and risk, with every finding traceable to its source.
THE DELIVERABLE · EVERY MONDAY MORNING
Weekly Development Intelligence
Starting Monday morning, you read it first. It comes straight to you.
The party being measured no longer writes the report. Each edition is graded, traced to source fields and signed by a named project executive who verified it. Not software: a person.
- • What changed this week, and what you owe, answered on page one
- • Project grade, with every figure traced to the record
- • Reviewed edition signed by a qualified project executive
EVERYTHING BEHIND THE WEEKLY EDITION
Command Center
Live risk indicators on one screen. Every metric source-traced.
Report Room
Twelve reports on one screen, all printable, led by the weekly edition.
Document Intake
Full project document checklist. Status tracking. Upload & tag.
Development Curve
4-line divergence analysis: planned, billed, built, and loan drawn.
Report Card
178-aspect report cards across 35 risk areas. Graded A–F with reviewer signature.
METHODOLOGY
Engine-computed, human-reviewed, human-signed.
Every figure on this platform is engine-computed from a cited source, carries a provenance state, and is reviewed and signed by a named, credentialed reviewer before release. Absence of evidence is reported as a gap, never as a clean result.
MEASUREDINFERREDPER SPONSORUNKNOWN
Every applicable aspect is assessed. A grade computed before every applicable aspect is scored is marked Provisional, with the missing items listed; with nothing scored it reads Not assessed.
The owner’s advantage
Know the exposure.
Own the next decision.
What threatens the investment, what is changing,
and what decision is needed?
Nine-phase development life cycle35-Detailed Risk Areas
Project Capital at a Glance
See where capital is committed, what is changing, and which decisions need your attention.
Start with total project cost, then read leverage, equity, returns and delivery together. This private-development simulation shows the full capital picture; the measures relevant to a campus, airport or private development depend on its funding model and the owner’s mandate.
CLAIMZERO · PROJECT CAPITAL VIEW
The complete capital picture.
Illustrative private-development example · not an institutional project assessment
SIMULATION · CZ-P51May 4, 2029 · R0 draftRecreated from supplied C1, pages 3–4
Budget, equity & returns
Levered IRR · forecast
11.42%−226 bpAgainst 13.67% underwritten. Unlevered 8.63%.
CZ CALCmodel CURRENT vs UNDERWRITTEN · equity cash flows
Equity multiple
1.348×−0.128×$30.75M back on $22.81M in. Underwritten 1.477×.
CZ CALCmodel funding and release waterfall
Equity requirement
$22.81M+$1,605,026Equity first, then debt. Underwritten $21.20M.
CZ CALCmodel funding waterfall
Forecast profit
$7.94M−$2,161,221Margin 7.9% of $100.92M net sellout; return on cost 8.5%.
CZ CALCnet sellout − TDC
Development curve
8.8 ptsbilled over measuredBilled 81.5% · measured 72.7% · plan 73.3% · drawn 64.1%.
SIMULATEDrequisitions · sov_lines measured · model draws
Leverage, funding & carry
Loan to cost · senior
65.61%439 bp headroom$61.00M on $92.97M; 70% covenant. With URA TIF note: 76.69%.
CZ CALCloan_terms (SIMULATED) · model TDC
Loan to value · net sellout
60.45%555 bp headroom66% covenant. No appraisal in the record; net sellout stands in for value.
CZ CALCloan_terms covenant · model net sellout
DSCR at rental conversion
0.803×fails 1.20×Conversion needs $20,179,697 paydown ≈ 52 conveyances.
CZ CALCpf_assumptions rental_* (SIMULATED) · D-005
Interest reserve
$4,925,69024.8% drawn$1,222,175 accrued; model total $3,790,352 through payoff.
CZ CALCmodel monthly interest at 6.50% on drawn balance
Senior payoff vs maturity
2030-04before Aug 20, 203090% release of net proceeds retires the senior loan before maturity.
CZ CALCmodel release waterfall · loan_terms
Carry per day of delay
$17.5k$17,463 now$20,604/day at peak balance. General conditions: $285,000/month.
CZ CALCgmp_line_items note · model balance
Cost, sales & owner decisions
Executed change orders
$4,061,0005.8% of GMP11 executed: 10 owner-responsible, 1 shared, none contractor.
RECORDchange_orders · EXECUTED · date ≤ data date
Owner contingency
Exhaustedoverrun $1,336,850$2,724,150 budget against $4,061,000 executed change orders.
CZ CALCbudget_lines HRD-CON − change_orders
Sales
143 / 2308.3/month trailing 3In contract. Underwriting floor 7.0/month; presale threshold of 81 met.
RECORDsales_absorption
Native schedule file
UNKNOWNowed by CM / SchedulerNo native file or update for 428 days. Float and critical path cannot be computed.
UNKNOWNintake_status · INT-112 / INT-115
Conditions of approval
2718 block occupancyFive unbounded conditions converted to priced change orders: $1,765,000.
RECORDcoa_register · change_orders
Risks and decisions
13 / 15risks open8 HIGH or CRITICAL. 30 decisions closed; D-035 remains open.
RECORDrisk_register (identified-on INFERRED) · decision_log
Underwritten against current
Total development cost · source bridge, rounded values
Red adds cost; green removes it. Source chart values are rounded; the contingency step is released budget, not the separately stated owner-contingency overrun.
Sample report · supplied C1 Investment Command Center · R0 draft · all 18 indicators retained.
Open Full Report ↗Report Room
The owner’s story, backed by reports you can open and explore.
Start with the question you need answered: feasibility, cost, schedule or readiness to occupy. Explore the full-size reference to see how those questions connect to focused reports and the records behind them.
Historical Report Room reference · open the complete image at full size.
Open full-size image ↗35-Detailed Risk Areas
Understand the exposure. See the evidence. Know your next move.
Move from the overall picture to the specific area that needs attention. Search the sample dashboard, open an area and follow the issue through its owner consequence, next decision and evidence needed.
Scroll or search all 35 areas. Cards show a concise view; Open area reveals the full context, decision and records to inspect.
Open the full sample dashboard ↗Development Curve
See where the plan and reality diverge, and what that means for your investment.
Look at the gaps between planned progress, billing, measured work and loan draws—not just the headline totals. Open the full-size graphic and use the monthly bars to frame questions about timing, funding and the records needed to explain a divergence.
Historical simulation · complete Development Curve and monthly draw profile.
Open full-size graphic ↗