Table 2

Financiers’ decision-making criteria for funding WMC projects (organizations investing in residential construction projects).

MONETARY CRITERIANON-MONETARY CRITERIA
Organization-specific characteristics:
  • Company credibility: financial state, credit ratings, project portfolio (3,4,5,7,8,10):

  • Organization type: public/private, large/small (1,3 4):

  • Location and municipal context: area attractiveness, accessibility and local municipal decisions (All: 1-10)

  • Building life cycle: understanding long-term performance and neighborhood (2,3,6,8,9,10):

  • Market demand: consumer interest, pre-marketing insights (3,4,10):

  • Sustainability: carbon neutrality, energy efficiency, green financing (6,8,9):

  • Strategic design: site planning, architectural design and attractiveness (4,9,10):

  • Regulatory standards: accessibility, safety, legal standards (4,9)

Project-specific characteristics:
  • Project profitability: construction costs, cash flow, expected returns (1,2,4,5,7,8,9):

  • Lifetime costs: operating costs, rent level, maintenance (4,3,6):

  • Pre-selling rates: reservation and sales as indicators of project viability (2,8):

  • Subsidies: potential public support (6)

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