There comes a point when Excel expertise can become a liability. Excel is such a powerful tool that pretty much anything can be done in Excel. And some asset management teams don’t look beyond Excel to do their work. Here’s a conversation between an institutional...
Before we can give you a quote for a custom dashboard, we need to gather some information. In this post I will explain how to estimate the cost of a dashboard, and what questions we need to ask in order to build the quote. How to Estimate the Cost of a...
Real Estate Deal Proformas When I review metrics with my clients, I also ask how the asset is performing relative to the original real estate deal proformas. Most of the time that question is hard to answer. We know that as a deal sponsor, if you can demonstrate that...
What is Leasing Velocity definition? The widely accepted definition of Leasing Velocity is “Length of time a unit is unoccupied between leases” or rental turnaround time. The quicker you lease the unit, the higher your leasing velocity. The longer a unit is vacant,...
Dynamic Pricing in Multifamily Real Estate Dynamic pricing isn’t only limited to airlines and hotels! You, too, can decide what the rent for any specific unit should be on any given day. To achieve this capability, you will need to build an intelligent data...
