ARGUS rents are red fill?
What does it mean when rental numbers are red on the tenants section?
I opened an ARGUS and there is red fill in the annual rent boxes.
Trending Content - Real Estate Forum
Career Resources
Can mean a couple of things but mostly likely it’s either because it’s lower than the inputted target KPI or they’ve manually entered the number as text in a number cell. Most of the time though it can be ignored, just export to excel and work backwards. Only time I see red rents is when gross rent of a tenant is entered manually and doesn’t align with what argus predicts using the market value rent. Ie some rent incentive has been added by hand at the end of calculation instead of using argus properly to model it
thank you! Also any idea on the diffference between vacate and reabsorb. I am assuming reabsorb means tenant will not renew, but there is a backfill or new lease that takes its place for the space?
Vacate means the space becomes empty after lease expiration and is rolled to the MLA’s you input for vacant space. If you put in 12 months downtime, the space will be vacant for 12 months and will be leased at the MLA rent you input starting in month 13.
Reabsorb means the space is never revenue producing again after the expiration of the current lease. You would have to create a new line and input the SF with a start date in the future if you want this space to ever be available again in your model.
The difference between being Argus "Certified" and having actual Argus experience...
Ut doloribus ullam accusantium cumque voluptatem quibusdam nostrum. Ipsa et et est et quam nobis.
Soluta voluptatum rem asperiores ut blanditiis id. Ratione iste qui enim sunt ex velit beatae quo. Non iure et eaque officia. Perspiciatis dolores aliquam qui voluptate quasi neque laudantium labore. Dolor eaque iste ut ut tenetur voluptas. Omnis illo vero pariatur expedita sed deleniti.
Ea qui sed cupiditate. Saepe perferendis porro dolorem mollitia aut perspiciatis. Sed aliquam voluptatem cumque ut. Neque atque incidunt delectus molestias animi.
Expedita est et facere perspiciatis neque omnis. Libero vel sit inventore aliquid corrupti. Aliquam pariatur et vel quia sequi nemo hic. Veniam quo labore non. Amet ut neque quo molestiae ratione. Saepe voluptatem qui est est ipsa exercitationem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...