Argus Analyst Tip 10

You might be asked to audit, review and update an existing Argus model versus creating one from scratch. If the author of the model used Market Categories for Market Leasing Assumptions then you are in luck because you can quickly make changes by altering a single variable. For example, if you have three different MLAs that assume $20.00/SF rents, it is much easier to set up a variable called $20.00 Rent and apply that to all three MLAs than it is to enter “20” in each MLA base rent variable. The added advantage is that if you want to change your assumption to $21.00/SF you only have to make one change (to the base rent variable) and you never need to access the MLA tables at all.

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