Home Technology Data Migration Yardi to ARGUS
Yardi to ARGUS

Situation
Large private equity firm needed to produce quarterly valuations using ARGUS Valuation - DCF on a portfolio of assets in excess of 130 buildings and 3,000 tenants. As with many real estate companies, much of the data already existed in their accounting system, Yardi 6.0 The client considered hiring several full-time analysts to finish the task manually but first called Realogic for an alternative approach.

 

Solution

 

  • Realogic performed a top-level needs assessment and review of the Yardi data
  • Initial review confirmed that Yardi & ARGUS Valuation - DCF integration was possible using the ARGUS Export feature in REALOGIC BUDGET
  • Realogic quickly established the data link, portfolio reporting, security levels and training
  • REALOGIC BUDGET's web-based solution funcionality enabled asset managers to begin creating their ARGUS files using the following data points from Yardi:
    • Rent Roll data including name, suite, term and charge detail
    • Recovery detail including expense groups, recovery pools, pro rata shares, caps, floors, stops and all relevant mechanics
  • The following items were defined within REALOGIC BUDGET
    • Market Data
    • Assumptions for expiring tenants and lease up terms for vacant spaces