Posts tagged historic tax credit feasibility
What are "test fits" and do I need one?

We all enjoy trying on clothes before buying them, right? Think of test fits as the real estate equivalent of trying on clothes. Lately, we've seen a surge in feasibility studies for potential properties, which are often referred to as "test fits". This increase may be a response to last year's freeze on short-term rentals in Orleans Parish, which left many developers wondering, "What else can I do with this property?" Let's explore some key questions that test fits are designed to address.

Read More