A client was given two weeks to evaluate assets prior to an offering memorandum, which was being made available to other industry players. Unfortunately, no ARGUS® files existed and information was only available from the accounting system.
All data, including recovery mechanics, resided in MRI. Realogic extracted all data from MRI and:
• Built 140+ ARGUS files from scratch within 5 days.
• Prepared an Excel workbook of market data for each asset that was given to the underwriting team to assist in their process.
• After the underwriters made adjustments to the market data, Realogic re-imported the changesto the ARGUS files.
The client was able to perform an in-depth portfolio analysis which allowed them to move ahead with the transaction.