Case Study: Prince Property Group speeds multifamily feasibility with TestFit

Prince Property Group sizes sites in 10 minutes with TestFit Inc.

Prince Property Group, a development firm, faced a significant challenge in evaluating multi-family deals due to lengthy feasibility studies. These studies, created by a preconstruction team using Bluebeam and SketchUp, took 3-4 weeks to complete, creating long waiting periods that hindered deal progress. The firm's president, Brian Prince, sought a solution from vendor TestFit and its real estate feasibility platform to bridge the gap between developers and architects.

By implementing TestFit, Prince Property Group was able to generate site analyses in just 10 minutes instead of weeks. This eliminated their dependency on other teams and allowed them to create realistic pro formas for informed decisions without full schematic drawings. The solution from TestFit provided a 99% increase in productivity and saved four weeks of waiting time, enabling the firm to operate at a high level without a large staff and manage the same scale of deals as a much larger company.

Prince Property Group