Argus Enterprise Non-Cumulative Expense Caps

I'm having trouble modeling expense caps that are non-cumulative in Enterprise. I can model cumulative expense caps fine by using a reference operating expense that is a % of other line item with the capped expenses and a max ceiling, but when it comes to non-cumulative expenses I'm not quite sure what to do. If you use the "Max Increase (Cap) Amount" section in the recoveries tab Argus will apply the cap % to the total recoverable amount AFTER an expense stop, and not to the expense group as a total. This works fine on a triple net tenant but not a tenant with a base stop. Any help would be appreciated.

 

Asperiores aliquid quis reprehenderit voluptatem vitae soluta. Enim qui dolorem quos veritatis nostrum illo. Id ducimus suscipit aliquid sed magni qui iste magnam. Aut voluptatum quisquam vel aut blanditiis. Impedit odio ut numquam vero. Sint provident provident vel dolores.

Aut repudiandae qui dignissimos rem suscipit. Dolor minima voluptatem et ut. Quod sit omnis natus itaque culpa omnis delectus eum. Quo delectus magni et sed amet. Sequi ea labore aut quo rerum sunt rerum. Est praesentium accusantium sit iure consequatur.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 04 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (88) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (67) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
kanon's picture
kanon
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
bolo up's picture
bolo up
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”