ARGUS Recovery Gross Up of 100% FIXED Expenses ?
Attempting to use ARGUS to model the recoveries for our anchor tenant in a medical office building. The tenant's lease allows us to recover 100% fixed expenses that have been grossed up as if they are 0% fixed. I've tried everything from adjusting recovery details to jerry rigging referenced expenses, and am simply at a loss. Is there anyone here smarter than me who's either successfully done this or has some ideas on how to do this?
Yes I know this recovery calculation is probably unheard of, and yes the tenant knows and approves of us recovering fixed expenses this way.