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Glossary for Investors

Proforma

Proforma

Pro Forma financial statements are financial statements prepared in advance of a planned transaction, and model the anticipated results of the transaction and business plan, with particular emphasis on the projected cash flows and net revenues.

For more on the topic, please review our article on the topic from our Learning Series.

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Target average cash yield is calculated by taking the average of a property's projected annual net cash flows, and dividing by the initial equity investment amount.

A “more diversified” portfolio refers to the practice of investing in a wide(r) variety of assets, most commonly in comparison to a traditional portfolio consisting entirely of publicly traded assets.

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