ARGUS Software

ARGUS Developer is an established real estate pro forma software program in use by thousands of owners, commercial developers, home builders, land developers, agents and financial institutions throughout the world. Users tell us our software saves them 75% of the time it takes to do pro formas by building spreadsheets.

Combining pro forma capability with sensitivity analysis and a powerful discounted cash flow provides you with a flexible, consistent and stable platform.

Executive level views of single and multi-phased projects allow changes to be assessed instantly. Finance component provides for detailed debt and equity financing and advanced waterfall profits for precise deal structuring.

By reducing risk and freeing resources within your organization, ARGUS Developer helps you to focus on your core business.

Project

Uses the latest look and feel based on Microsoft Office standards.
Tailored input screens for commercial, retail, residential and operated assets developments
Capitalizes rental income, percentage rent and operating income/expenses
Land values can be fixed, calculated automatically, or a combination of both using determinants such as Equity IRR
Flexible start, end and duration of development stages within each phase
Link timing of phases and development stages to any other phase or stage
Change order of phases, copy, insert and delete
All costs and receipts automatically linked to appropriate development stages
Discounted cash flow calculates IRR and NPV - with and without effect of finance
Multiple standard cash flow views to show receipts/costs, finance charges and finance sources
Custom grouping and sorting within the cash flow to provide different levels of detail
Sensitivity analysis can vary up to six different variables simultaneously, including operated assets, with up to 15 step changes for each variable
Infrastructure phases can automatically allocate costs to other phases
Email project files or PDF reports, or export to MS Word or MS Excel
Includes a comprehensive package of reports that can be downloaded to MS Excel
KPI dashboard is updated in real time to show KPIs for continuous analysis
Web-based maps integrated into project screen
Saves both data and calculated results in XML format
Files can be saved as templates to facilitate rapid analysis of similar opportunities in the future

Structured and advanced finance

Provide for unlimited number of debt and equity participants
Model finance structures down to individual phase level
Mortgage refinancing to clear debt when income stabilization occurs
Simple and advanced waterfall profit distributions to debt and equity sources
Easily calculate preferred and waterfall returns including: IRR "look back", promote, single equity multiple and residual percentage waterfalls
Analyze after tax IRRs and returns on equity for each finance source with a straightforward percentage of tax on profits before and after tax
Determine the correct land purchase price based on targeted returns

Provides consistency and reduces errors:

Reduces the need for cumbersome, proprietary spreadsheets
Eliminates carry-over errors from previous projects
Presents projects in a consistent entry grid and cash flow format
Consistently calculate results in real time to allow proper benchmarking of projects and significantly reduce the errors common to using spreadsheets
Templates provide consistency when setting up new projects by creating defaults for common costs and rates

Saves time, money and jobs:

Easy to learn and use
Fine tuning of the cash flow makes it simple to reduce costs and maximize profits
Results are calculated in real time so that the effect of any change is seen instantly
Color-coded map of sensitivity results allows instant analysis

Increased flexibility and details:

Models any type of real estate development including commercial, retail, residential, operated assets and even simple investments
Show KPIs and profit for each finance structure or for entire project
Show a cash flow for each debt or equity source showing their participation in each of the different finance structures
Evaluate risk using sensitivity analysis, showing where small changes to variables have a big effect on the profitability of the project
Run "highest and best use" scenarios on different combinations of phases to maximize profit

Integration to ARGUS budgeting and valuation software
Telephone support for clients available 8:00 am to 8:00 pm, five days per week and by email at support@argussoftware.com during the first year of purchase or under a current ARGUS service plan
Annual program updates as part of the ARGUS service plan
Training and implementation services from our expert teams globally
Bespoke Report service available (contact ARGUS for pricing information)
Customer Feedback Center built into the application enables clients to drive the development of new features
ARGUS Zone - free online collaboration service available to all ARGUS clients