New v3 of Comparative Lease Analysis
In recent months, many of our customers have asked us to add more functionality to RealData's comparative lease software. Whether you're acting as landlord or tenant, leasing agent or tenant rep, the current economy demands that you fully understand the financial implications of the deal you're working on -- and that makes this software especially timely.
In particular, with many businesses feeling the need to trim back the size of their operations, quite a few have asked for the ability to evaluate the consequences of subletting their space. So, we've been working diligently to meet these needs and have just released Version 3 of CLA.
Here's some of what you can do with CLA v3:
- Project up to ten years of leasing revenue and costs.
- Simultaneously compare as many as six different leases, or six alternative scenarios for a single lease.
- Make projections that include base rent, CPIs, and pass-throughs.
- Estimate your expected tenant improvements, build-out allowances, free rent period, moving costs/relocation allowance and more.
- Account for the time value of money with PV calculations appllied to the effective rent.
- Use new Sublease functionality to weigh the revenue you might collect from a subtenant against your obligations under your current lease.
- Use international currency symbols and metric measures, add photos and company logos to your reports, and much more.
Get an overview of the program (with screen shots and sample reports) as well as a detailed list of features.
Frank Gallinelli
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