Home Newsletter for October 2009

News from Realogic

Realogic continues to expand our software and service solutions to the commercial real estate industry. Please take a minute to review our expanded service and solution offerings.

Free ARGUS™ file audit

provides an automated extract of Argus™ data into Excel®. One of the popular features within Realogic Tools is our Exceptions Reporting. This feature flags issues within Argus that may produce unexpected results at the property level, tenant level and market leasing assumptions. These issues require further examination by the user.

We are so confident that Tools can help eliminate errors in your Argus models and help reinforce best practices that we are offering a Free Argus file audit through the end of the year (limit 1 free file audit per month).

Email Brad Karfeld or call (312) 782-7325 x103 for more information about Realogic Tools and your free audit.

Web based abstracting & administration

DID YOU KNOW?

In addition to abstracting leases, additional forms and documents can be abstracted quickly and thoroughly within LeaseAbstract.com. Documents like:

  • Appraisals
  • Environmental Assessments
  • Mortgage Documents
  • OEA's
  • Partnership Agreements
  • PCA's
  • Service Contracts
For more information about LeaseAbstract.com and to see report samples, please visit leaseabstract.com

Web based budgeting & reforecasting

DID YOU KNOW?

Our web based budgeting application standardizes the budgeting process which greatly increases efficiency and improves accountability throughout all levels within an organization. For more information and a demo, visit realogicbudget.com

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Monthly Lunch and Learn Series

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Realogic is proud to announce an educational series where we host industry experts to teach abbreviated classes on currently relevant commercial real estate topics.

These free sessions will take place once per month during the lunch hour in Realogic's downtown Chicago training facility. The goal of the sessions is to establish a healthy network of commercial real estate professionals interested in continuing their understanding of the commercial real estate industry.

October 21st Lunch and Learn: Green Abstracting For Today

Click to find out more or call (312) 781-7325 to register.

Recent Lunch and Learn sessions have included:

For more information or to get on the list to receive Lunch and Learn updates, please visit realogicinc.com/training, email Realogic Training or call (312) 782-7325 x159

Maximize your value with Realogic Training

Please check out all of our training opportunities for commercial real estate professionals. Our full suite of training classes now includes:

For additional information about our training opportunities, visit www.realogicinc.com

RE-SOLUTIONS

RE|Solutions is a leading service provider to financial institutions, owners, and lenders faced with underperforming or non performing real estate assets.
Benefits we provide our clients include:

For more information visit re-solutionsinc.com or contact Brian Goldman or SL van der Zanden at 312.782.7325

Success Stories

Realogic Tools streamlines quarterly forecasting & investor reporting

Situation:
A real estate acquisition and operating company had been using Argus Valuation DCF™ for its quarterly forecasting and investor reporting. The quarterly reports were difficult to create. Argus Valuation DCF™ held all the data, but not all the calculations. In addition, the standard reports were not presentation ready. The process required days of manual cutting, pasting and reformatting to compile.

Solution:
Upon requirements gathering, Realogic modified its Realogic Tools application to:

  • Create presentation quality reports in minutes, saving hundreds of man hours per year
  • Audit portions of the Argus files for errors that would require re-creation of the reports, and highlight potential errors in underlying files
  • Generate hard to get information from Argus including the top ten tenants, gross rent at expiration vs. market, in-place calculations & health ratios
  • Complete Excel workbooks with formulas to demystify calculations.

More Information

Realogic Anniversaries


Chris Schmuker
Manager
Lease Abstracting
10 years of service


John Johanson
Director of Marketing
10 years of service


Kevin Swinehart
Manager
Lease Abstracting
10 years of service

Janna Thompson
Manager
Lease Abstracting
5 years of service

Jonathan Weerts
Manager
Valuation & Underwriting
5 years of service

Tom Mysliewiec
Manager
Application Development
5 years of service

Chris Mazur
Vice President
Lease Abstracting
5 years of service

Quote

"You miss 100% of the shots you never take"

-Wayne Gretzky, Pro Hockey Hall of Famer