Realogic Newsletter for December 2009

As the year draws to a close, we at Realogic are thankful for all the clients, vendors and friends that we had the opportunity to work with during the year. The entire Realogic team wishes you a safe, happy and healthy holiday season. We hope you have the opportunity to share the holidays with family and friends as we look towards a bright and better 2010.

More Information


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Realogic News

Success Stories

Year-End Roundup

Upcoming Training

ARGUS Beginner: January 7
ARGUS Advanced: January 8
Commercial Lease Fundamentals: January 13
Excel for CRE: January 21

Success Stories

eases national portfolio budgeting process

Situation:
An owner/operator of an office portfolio valued at over $1.75 billion was looking for a web based budgeting solution that interacted with their accounting system. After reviewing their choices, they chose Realogic Budget.

Solution:
With Realogic Budget, our client:

  • Virtually eliminated re-keying of tenant and general ledger information data
  • Reduced IT costs - there is no hardware or software to buy or install, all that's needed is a browser
  • Can understand their rollover and leasing assumptions with Realogic Budget's color coded rent roll
  • Improved their decision making with variance analysis and comparisons to actuals
  • Can quickly re-forecast
  • Re-uses portfolio level market items to improve sensitivity analysis and adherence to standards

Realogic Anniversaries

Bill Smith
Sr Lease Administrator
5 years of service







Quote

"Individual commitment to a group effort - that is what makes a team work, a company work, a society work, a civilization work."

-Vince Lombardi

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saves time in ARGUS portfolio analysis

Situation:
A large national real estate operator needed the ability to understand, audit and share information on their ARGUS Valuation - DCF™ files quickly and accurately.

Solution:
With Realogic Tools, our client can:

  • Generate a single Excel worksheet containing all Market Leasing Assumption data for the entire portfolio, including market rents, rent bumps, growth rates, TI, LC, downtime, and the amount of square footage using the Market Leasing Assumption
  • Value their assets outside of ARGUS by changing hold periods, cap rates, discount rate, debt and waterfall assumptions
  • Quickly understand their exposure by year and asset to gross rent at rollover vs. the market
  • Identify costly errors via the Exceptions report
  • Create presentation quality reports in minutes
  • Share the data via Excel

Realogic Abstract & Realogic Budget get warm receptions

We've received excellent feedback from users of Realogic Abstract, our web based abstracting application, in terms of its comprehensive and flexible functionality. Users can abstract leases, appraisals, mortgage documents, OEA's, partnership agreements, service contracts and more. small screencap of realogic abstract

On the Realogic Budget front, users are taking advantage of its accounting system integration, multi-user input, portfolio rollups and sophisticated reports.

In addition, Realogic Budget users are gaining efficiency by starting the budgeting process later and finishing earlier, improving their accountability and finishing sensitivity quicker.

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Training News

We've gotten great reviews from attendees of our 2 newest training classes, Commercial Lease Fundamentals and Excel for Commercial Real Estate. Case studies have been added to the agendas that help attendees get hands on, practical experience.

Ellen Hayes, Manager of Training Services at Realogic, explains a concept from the ARGUS beginner class to a student

In addition to our traditional paid classes, we happily concluded our first year of free monthly Lunchtime Learning sessions for picking up tips and techniques regarding various real estate topics.

Look for January's topic, ARGUS Reporting: Tips and Tricks taught by our own Manager of Training Services, Ellen Hayes.

ARGUS extract into Excel

Clients continue to extol the virtues of Realogic Tools which allows the import of ARGUS Valuation - DCF data directly into Excel. Comments have included, "The portfolio module is a huge time saver, helping us audit the financials and market assumptions across our entire portfolio", and "We can look at more deals because we are more efficient and more accurate using Realogic Tools".

For more information, please visit realogictools.com

RE|Solutions, a leading service provider to financial institutions, owners, and lenders faced with underperforming or non performing real estate assets, was recently appointed receiver of an 83-unit apartment complex in Chicago, IL.

RE|Solutions is a partnership between Realogic, a commercial real estate consulting and technology service provider, and Siegel-Gallagher, a full service commercial real estate management, construction and brokerage firm.

For more information, please visit re-solutionsinc.com