Reading a multiplex pro forma: the numbers that matter
A multiplex pro forma is a story told in numbers, and a misleading one is easy to build. This is how to read every major line, find the assumptions doing the heavy lifting, and spot a pro forma that's selling rather than estimating.
Trent Praski · July 21, 2026 · 7 min
An investor's guide to Metro Vancouver and the Fraser Valley multiplex projects
Multiplex projects sit in a different risk-and-return category than buying a finished rental or a pre-sale condo. This guide walks an investor through how these deals are structured, what to ask before committing capital, and where the real risks live.
Trent Praski · July 20, 2026 · 8 min
What is your land worth to a developer?
A Vancouver lot is worth more to a developer than its listing price, because a developer values what can be built on it. Here is how that calculation actually works, and why no honest answer comes without a property-specific analysis.
Trent Praski · July 18, 2026 · 8 min
Build to Rent vs Sell: The Multiplex Tenure Decision That Changes Your Return
You can build the same 6-unit multiplex and either sell every unit as strata or hold all of them as rental. The building is identical. The economics over the next 25 years are not.
Trent Praski · July 17, 2026 · 6 min
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A conversation, not a commitment.
Whether you're curious about the multiplex value of your land or looking to partner on a missing-middle build, we're here to start the conversation.