Is the Ai1 model capable of underwriting a project with the following characteristics?
1) Acquire an existing retail asset at a specified purchase price that is not based on a DCF or Direct Cap valuation
2) Operate/hold the asset for X number of years
3) Obtain entitlements for future development during the holding period, and cash flow all entitlement-related expenses as they are incurred
4) Sell the asset in Year X based on approved development potential (i.e land value per buildable square foot)
