Value
of Employing Real Estate Data Model Experts at
Reduced Total Cost.
Delivering
results in Record Time.
Client Requirement A Real Estate Investment
Trust wanted to build a valuation data model to
evaluate an acquisition opportunity of a retail
mall. The REIT was provided with a high level
"information memorandum" by the sellers of the
retail mall, and needed to convert information
into a data model that would better support their
acquisition decision. The data model was required
immediately.
Annet Business Solution After careful analysis
of the "information memorandum", Annet consultants
built an Argus data model that clearly delineated
the value of the Retail property. Annet consultants
also delivered a detailed report that highlighted
various "assumptions", as well as pointed out
"missing information" that was not available in
the information memorandum. The results of the
model were then tied to the memorandum to point
out, and account for discrepancies. Utilizing
Annet's co-sourced, thoroughly trained Argus consultants
at our development center in India, the REIT was
able to obtain a fully functional Argus model
in record turn-around time at considerably reduced
cost.
Technology
Solution
Technologies
Employed
Argus Software Version 12.0 (A product of Realm Business Solutions)
Services
Performed
Data Modeling Model Construction, Property
Description, Market Information, Revenues & Expenses,
Rent Roll & Market Leasing, Present Value & Yield,
Debt Financing Data Evaluation, Review & Analysis
and Cross-checking Reports.
Consulting Transaction Review, Data
analysis, Meetings, Report Preparation, Presentation
and Follow up.
Business
Benefits
Strong
business results obtained from data analysis by
Annet Real Estate technology experts.
Timely completion
& delivery of the Argus data model.
On-schedule delivery
- data model implemented in LESS THAN ONE WEEK
(unprecedented for vendors to this REIT).
All business benefits
realized at dramatically reduced cost.