As real estate projects become more complex using various sources of capital, the need to prepare flawless analysis and reports becomes critical to success. Microsoft Excel is suitable for most projects but has limitations with size, writing flexible formulas, and time to complete an analysis. Argus Developer is one of the many software programs created by Altus for the financial analysis of real estate properties.
ARGUS Developer can be used for commercial, single or multi-family residential, retail, office, industrial, land development and any combination for mixed-use developments.
This article provides an introduction to Argus Developer, its functionality, along with a two part case study to illustrate how to prepare an un-levered cash flow analysis and a levered cash flow analysis for a land development project.
NOTE: THIS ARTICLE IS IN DRAFT FORM.