Commercial Real Estate Market Model Validation

Edgeworth economists reviewed and validated a commercial real estate market model used to forecast supply, demand, vacancies, and rents in markets across the U.S. Edgeworth Partners Dr. George Korenko and Michael Kheyfets designed a comprehensive framework for assessing the quality of the model, including:

• Evaluating the economic and financial theory used in the modeling process
• Designing statistical tests to measure the model’s predictive power
• Identifying high-level operational risks underlying the model