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	Case Study - Realogic Hired to Implement RealmBudget For a 2,000+ Tenant Portfolio in a 30 Day Period Resources from Realogic Ellipsis – Can I add our logo to the reports? Auditing Pro-Rata Shares in Argus™ Argus™/ Dyna™/ Ellipsis® Training Classes Beware of the Demolition Clause People and Promotions at Realogic Realogic Implements RealmBudget Situation A major owner of commercial real estate, with a portfolio of 70 + million SF, hired Realogic to implement RealmBudget for a 2,000 + tenant portfolio in a 30 day period. Solution The process involved: Mapping their subsidiary Chart of Accounts into their Corporate Chart of Accounts via Dynacode. Overlay of multiple subsidiary Dyna files into their Corporate Standard Dyna files via Dynacode. In addition, other critical import routines were conducted. Impact/Results Allowed our client to: Consolidate multiple divisions with differing chart of accounts. Create single year budgets and multi-year forecasts in a single process. Significantly reduce the budget cycle time frame. Valuable Resources from Realogic Ellipsis Lease Abstracting Software Question: How can we have our logo appear on the lease abstracts and other reports? Answer: The insertion of a logo or other image onto the reports can be done easily by following these steps: Open the Buildings screen (either click on the Buildings icon on the Portfolio List or select Portfolio Management, Buildings from the Portfolio menu). Click on the Images Control Button. The 'Building Images' screen will open. Click on the Browse button . A screen entitled 'Choose an image file' will open. Navigate to the drive and directory which contains the '.jpg' image file. Select the '.jpg' image file and click the Open button. The selected image will appear in either the Building Logo or Building Image box, as appropriate. Click the OK button on the Building Images screen. Did you know... Auditing Pro-Rata Shares in Argus™ You can't review %'s on the Presentation Rent Roll because those %'s do not reflect the Pro-Rata used within the tenant's Reimbursable Expense screen. It merely reflects tenants SF divided by NRA. That is, if the denominator is different than the NRA, the % will not be accurate. Upcoming Training Opportunities Realogic training provides the necessary skills to use these programs with confidence. Contact us at 312-782-7325 or training@realogicinc.com for more information. CHICAGO CLASSES Argus™ Training Beginner - 10/7 - 11/4 - 12/2 Advanced - 10/8 - 11/5 - 12/3 Dyna™ Training - 10/20 - 12/15 Ellipsis Training - 9/16 - 10/14 - 11/10 PRIVATE / ONSITE CLASSES Please contact us for details. Beware of the Demolition Clause By: Dale Vanderlaan, Realogic Analytics, Inc. The dreaded "demolition clause" appears in many leases, especially in leases of older buildings or buildings that are located in areas within a city that are being turned around and renovated. Simply put, this clause states that the landlord can terminate the lease in order to sell or demolish the property. Recourse: There's not really much you can do, even if you've completely renovated your space or only just moved in. The worst part - sometimes no reimbursement is made to the tenant, and quite often the notice of termination is very short, frequently ranging from 60 - 120 days. What to do: Many experts recommend that you look for this clause during lease negotiation. It doesn't hurt to ask the landlord or owner to remove this clause. Sometimes this is a standard lease clause and it can be taken out of the lease. Another possibility is to ask for some type of compensation, either monetary or favorable leasing terms to new space in another building owned by your landlord. Bottom Line: Be aware of this clause and the impact it can have on you as a tenant. Try to negotiate with the landlord for its removal or try to make it a little less stressful, should it ever come about. The Realogic Team New Personnel Janna Thompson recently joined Realogic as Manager, Lease Abstracting Services. Her experience includes positions in lease administration for a grocery store wholesaler with a national portfolio of leased properties (retail, industrial and office), and in property management with developers in southern California. Jill Rudolph joined Realogic as a Senior Consultant. Her experience in the real estate industry includes over 15 years at Metropolitan Structures, a real estate development company out of Chicago, Illinois in its leasing/legal department, which included preparing, administering and negotiating lease documents for approximately 6,000,000 square feet of office and retail space located in downtown Chicago. Jill graduated from Northern Illinois University with a BS in Social Work. Farhan Madhani joined Realogic as Software Developer for Ellipsis Software. Farhan has been in the IT enterprise-solution environment for 4 years now, having worked at Headstrong, a niche IT consulting firm, as a Senior Analyst. His strengths lie in dynamic web-based development, specializing in both front end and back end work, while bringing a strong business approach. Promotions Ellen Hayes and Mike Phelps have been promoted to Managers. Ellen and Mike are tremendous contributors to nearly every facet of our organization. They are solid team players who have repeatedly proven their abilities to manage large complicated assignments in addition to running multiple client projects at one time. Everyone at Realogic appreciates their efforts and contributions. *Please join us in congratulating them.*			Lease Abstracting Software Ellipsis® is a solution that standardizes and streamlines the lease abstracting process, providing a total lease administration tool for day to day management of lease data and the abstracting of leases associated with due diligence. Some features include: Consistency of data input - multiple users abstract in a consistent fashion. Longevity of information - Ellipsis data survives with the asset. Extensive reporting capabilities Critical date management and much more… For more information and to get a FREE 30 day trial version, please visit www.ellipsissoftware.com or contact Mr. Dale Vanderlaan at 312-782-7325 or dvanderlaan @realogicinc.com Ellipsis Testimonial "The Report interface is awesome ... it's so easy to navigate that anyone can perform their own data mining to get immediate answers to their own questions. Gone are the days of requesting information and getting the results back days later and in the wrong format. I can get my own answers directly." Property Manager West Coast Development Company

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