Version 8
v8.4.6.0
2024-12-24 (Latest)
- Updated U-Rite Dashboard
- Added transaction limits
- Added sale proceeds adjustments
- Added operations offset in Financing
v8.4.5.0
2024-11-20
- Added ovrride Cash Flow in Promote
- Added reversionary NOI in Sale
- Added "Tied to tenant" for Hard & Soft cost in Development Inputs
- Added gain/loss to lease in Market Rent Forecast
v8.4.4.0
2024-10-21
- Added Cash on Cash KPI
- Added Peak Equity concept
- Added refresh button to update SOFR Forward Curve
- Added Commercial, Multi-family, Mixed Use Development Excel-based templates directly to Dashboard
v8.4.3.0
2024-09-05
- Added renovation feature BETA
- Fiexed Format Worksheet
v8.4.2.0
2024-08-16
- Added multiple lease turnovers
- Added format active worksheet in Workbook Utilities
- Updated "Include in Cash Flow" checkbox to dropdown for Miscellaneous Revenue, Operating Expenses and Capital Expenditure
- Fixed calculation for $0 amount in development actuals
- Fixed calculation for cash balance and levered cash flow
- Fixed rendering issue for the linked value '0' on the input table
v8.4.1.1
2024-07-10
- Fixed issues for construction loan and equity using LTV adjusts when dev budget schedule exceeds construction funding schedule
v8.4.1.0
2024-07-04
- Added tenant groups
- Added development actuals methods
- Allow negative % in the % of lines line item
- Added accessibility in the add/remove item dialog
v8.4.0.0
2024-06-10
- Added new transaction methods
- Added default settings for importing properties
- Added operating losses for development budget
- Added promote waterfalls feature BETA
- Added expense groups and base rent to percent of line items
- Allow financing tranche calculate to continue on term length error
- Fixed issues for development budget row output in audit sheets
- Minor table parser fixes
v8.3.0.0
2024-02-08
- Improved calculation speed (~80% quicker)
- Added negative spreads, variable interest profiles, and live rates from Chatham Financial
- Introduced prebuilt acquisition templates for residential and commercial properties
- Enabled property duplication within the portfolio
- Provided Lite accounts for temporary access
- Expanded import table feature for all property inputs
- Included help icons with direct links to documentation
- Added fill toggle for unit & amount profiles
- Fixed re-rendering issues on save
- Reworked vacancy loss credit logic
- Enhanced duplicate profile dialog
- Fixed minor formatting issues in outputs
v8.2.0.0
2023-08-28
- Multi-Sale
- Cash Sweep / Revolving Line of Credit BETA
- Capitalize Financing BETA
- ARGUS Import
- Cancel Calculation (ESC)
- User Experience & Performance Upgrades
v8.1.0.0
2023-06-13
- Development Budget BETA
- Construction Loans BETA
- Import Rent Roll BETA
- Reporting (task pane & Excel worksheet)
- Support Export
- Input Export BETA
- Use % of Potential Gross Revenue for Vacancy Loss
- Added Base Rent in Amount/Unit in Support
v8.0.0.0
2023-03-09
- Moved all inputs from UR-Inputs worksheet into task pane
- Moved UR-Support into task pane
- Overhauled entire task pane UI
- Implemented AG Grid
- Added upload property image
- Moved upload & import into task pane
- Optimized server calculations for iterative approach
- Implemented task pane auto-save
- Added data trimming to reduce payload size
- Merged base rent into rent increase schedules
- Implemented prorated rents
- Change free rent from bifurcated to blended SFs
- Change recovery averaging period to include months before lease start
- Simplified Rent Increase Schedules to Rent Schedules
- Implemented rent increase days proration
- Added start & end dates to transactions entries
- Fixed recovery attribution for stop & fixed
- Added market method for recoveries