“ARGUS Developer presents data in a format that is industry tried and tested. The integrated database functionality also delivers a centralized repository of project data ensuring secure version control and faster user access to data. Execute the project – Integrate Key Performance Indicator (“KPI”) updates with actuals and accounting systems, enabling greater control of projects via on-the-spot reforecasting and variance analysis, while providing the ability to easily identify potential cost overruns or efficiencies.Developer 7 provides investors with a transparent understanding of returns throughout the development process via sophisticated reports and summaries that are generated at the click of a button. Understand the impact of investment structures – Layer an unlimited number of debt and equity structures including complex equity return models with waterfall return structures and IRR lookbacks.Define the project – Model any type of property development and critically assess the financial feasibility of projects by producing discounted cash flow reports with calculated Internal Rate of Return (“IRR”) and Net Present Value (“NPV”) in less time and with reduced risk of error than using spreadsheets.Developer 7 facilitates good decision making through accurate feasibility analysis, sensitivity and scenario analysis, and ongoing cost control based on actuals,” said Michael Commons, Senior Executive Vice President, Cost Consulting and Project Management, Altus Group.Īs a universal platform to support CRE participants from inception through delivery on development projects, Developer 7 allows users to:
“Our clients are continually seeking to manage cost and reduce the risk of complex developments, from project inception and feasibility through to planning, execution and completion. It increases transparency of development ventures by delivering improved visibility into a project’s performance, and provides decision-makers the confidence to know they are making the most informed and up-to-date investment decisions possible,” said Mike Abramsky, President of ARGUS Software. “Developer 7 is key to managing the entire development lifecycle in one intuitive and user-friendly platform. By combining the project modelling and finance structuring capabilities of ARGUS Developer with the budgeting functionality of Developer Budget, ARGUS has created the commercial real estate (“CRE”) industry’s most comprehensive single platform to model, forecast, manage, analyze and report on development project cost and cash flows from the initial feasibility study through delivery.
ARGUS DEVELOPER DEMONSTRATION SOFTWARE
(“ARGUS”), a subsidiary of Altus Group Limited (“Altus Group”) (TSX:AIF) and the leading global provider of software solutions for the commercial real estate industry, announces the launch of ARGUS Developer 7.0 (“Developer 7″). Provides Developers Complete Feasibility and Budget Tracking Solution for Real Estate Development Projects
ARGUS has created the commercial real estate (“CRE”) industry’s most comprehensive single platform.