__________ saves the updates to the property asset model to the database. If a calculation has been
performed, it also saves the latest calculation results - Correct Answer Save Property
___________ allows us to track who has been in the asset and what changes have been made to that
asset. - Correct Answer Audit Log
________________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse. - Correct Answer Portfolio Level Reporting
________________ is used in retail properties where tenants are expected to pay a percentage of their
sales to the property owner - Correct Answer Percentage Rent
__________________ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario info contained within the ARGUS data warehouse - Correct Answer Portfolio level reporting
____________________ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario information contained within AE. - Correct Answer Portfolio Reporting
% of Potential Gross Revenue - Correct Answer Total Tenant Rev + Total Other Income
% of Total Rental Revenue - Correct Answer Scheduled Base Rent + CPI Increases
% of Total Tenant Revenue - Correct Answer Total Rental Revenue + Total Other Tenant Rev
A Portfolio may have _______ Chart of Accounts applied at a time. - Correct Answer One
A property with an analysis start date of January 2014 has Market Rent for both new and renewal
tenants at $20.50/SF/Year. If a tenant rolls to market and a new lease begins in September 2018, what
,rent would ARGUS Enterprise use for the speculative tenant? Assume Market Rent Inflation is 4%
beginning in the second year of the analysis. - Correct Answer 20.50(1.04)(1.04)(1.04)(1.04) = $23.98
Absorption and Turnover is... - Correct Answer projected loss in rental rev associated with the
speculative lease up of currently vacant space AND downtime between lease terms associated with
tenants moving in/out
Actuals and budget information can be viewed on:
A. Monthly basis
B. Quarterly basis
C. Semi-annually basis
D. Annually basis
E. All the Above - Correct Answer All the above
All the following are options for exporting Portfolio Level reporting EXCEPT?
A. Excel
B. Tiff
C. PDF
D. HTML - Correct Answer HTML
Assume a NOI of $946,250, cap rate of 10.5%, and a 3% selling costs. Capitalize the NOI to determine the
Net Sales Price. - Correct Answer 946,250 / .105 = 9,011,904.76 - 3% = $8,741,547.62
Assume that a property's CAM expense is $50,000/YR and 60% Fixed. The Occupancy for the property is
80%. What is the Operating Expense Amount that appears on the Cash Flow? - Correct Answer
(50,000)(.6) + (50,000)(.4)(.8) = $46,000
Assume that a property's CAM expense is $50,000/YR and 60% Fixed. The Occupancy for the property is
80%. What is the Operating Expense Amount that you enter into the Operating Expense tab? - Correct
Answer $50,000
,By default, when are leasing commissions paid within AE? - Correct Answer First month of first lease
year
By default, when is free rent given within AE? - Correct Answer The first month(s) of the lease
Calculate Tenant A's recovery amount using the following assumptions:
Recovery Structure: Net
Tenant A Size: 2,500 SF
Building Area: 50,000 SF
Operating Expense Total: $100,000 - Correct Answer (2,500/50,000) = .05
(100,000)(.05) = $5,000
Calculate Tenant B's recovery amount using the following assumptions:
Recovery Structure: Net
Tenant A Size: 10,000 SF
Building Area: 50,000 SF
Operating Expense Total: $1,500,000 - Correct Answer (10,000/50,000) = .2
(1,500,000)(.2) = $300,000
Calculate Tenant C's recovery amount using the following assumptions:
Recovery Structure: Base Year Stop
Tenant A Size: 10,000 SF
Building Area: 100,000 SF
, Base Year Stop Amount: $1,000,000
Operating Expense Total: $1,500,000 - Correct Answer (10,000/100,000) = .1
1,500,000 - 1,000,000 = 500,000
(500,000)(.1) = $50,000
Calculate Tenant D's recovery amount using the following assumptions:
Recovery Structure: $10 Fixed Amt/Area
Tenant A Size: 10,000 SF
Building Area: 100,000 SF
Operating Expense Total: $1,500,000 - Correct Answer (10)(10,000) = $100,000
Calculate the General Vacancy Loss using the following assumptions:
Potential Gross Rev: $800,000
Absorption & Turnover Vacancy: $20,000
Calculation: 5% of Potential Gross Rev - Correct Answer 800,000 + 20,000 = 820,000(.05) = 41,000 -
20,000 = $21,000
Calculate the Market Rent Rate in Year 2 using the following info for a tenant that is set to "Renew" in
the Upon Expiration field:
Renewal Probability: 50%
Market Inflation Rate: 5%
New Market Rent (Year 1): $100/SF/YR
Renewal Market Rent (Year 1): $75/SF/YR - Correct Answer Assumes 100% renewal probability
performed, it also saves the latest calculation results - Correct Answer Save Property
___________ allows us to track who has been in the asset and what changes have been made to that
asset. - Correct Answer Audit Log
________________ is a solution for consolidating and reporting property, tenant, portfolio, and scenario
information contained within the ARGUS Data Warehouse. - Correct Answer Portfolio Level Reporting
________________ is used in retail properties where tenants are expected to pay a percentage of their
sales to the property owner - Correct Answer Percentage Rent
__________________ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario info contained within the ARGUS data warehouse - Correct Answer Portfolio level reporting
____________________ is a solution for consolidating and reporting property, tenant, portfolio, and
scenario information contained within AE. - Correct Answer Portfolio Reporting
% of Potential Gross Revenue - Correct Answer Total Tenant Rev + Total Other Income
% of Total Rental Revenue - Correct Answer Scheduled Base Rent + CPI Increases
% of Total Tenant Revenue - Correct Answer Total Rental Revenue + Total Other Tenant Rev
A Portfolio may have _______ Chart of Accounts applied at a time. - Correct Answer One
A property with an analysis start date of January 2014 has Market Rent for both new and renewal
tenants at $20.50/SF/Year. If a tenant rolls to market and a new lease begins in September 2018, what
,rent would ARGUS Enterprise use for the speculative tenant? Assume Market Rent Inflation is 4%
beginning in the second year of the analysis. - Correct Answer 20.50(1.04)(1.04)(1.04)(1.04) = $23.98
Absorption and Turnover is... - Correct Answer projected loss in rental rev associated with the
speculative lease up of currently vacant space AND downtime between lease terms associated with
tenants moving in/out
Actuals and budget information can be viewed on:
A. Monthly basis
B. Quarterly basis
C. Semi-annually basis
D. Annually basis
E. All the Above - Correct Answer All the above
All the following are options for exporting Portfolio Level reporting EXCEPT?
A. Excel
B. Tiff
C. PDF
D. HTML - Correct Answer HTML
Assume a NOI of $946,250, cap rate of 10.5%, and a 3% selling costs. Capitalize the NOI to determine the
Net Sales Price. - Correct Answer 946,250 / .105 = 9,011,904.76 - 3% = $8,741,547.62
Assume that a property's CAM expense is $50,000/YR and 60% Fixed. The Occupancy for the property is
80%. What is the Operating Expense Amount that appears on the Cash Flow? - Correct Answer
(50,000)(.6) + (50,000)(.4)(.8) = $46,000
Assume that a property's CAM expense is $50,000/YR and 60% Fixed. The Occupancy for the property is
80%. What is the Operating Expense Amount that you enter into the Operating Expense tab? - Correct
Answer $50,000
,By default, when are leasing commissions paid within AE? - Correct Answer First month of first lease
year
By default, when is free rent given within AE? - Correct Answer The first month(s) of the lease
Calculate Tenant A's recovery amount using the following assumptions:
Recovery Structure: Net
Tenant A Size: 2,500 SF
Building Area: 50,000 SF
Operating Expense Total: $100,000 - Correct Answer (2,500/50,000) = .05
(100,000)(.05) = $5,000
Calculate Tenant B's recovery amount using the following assumptions:
Recovery Structure: Net
Tenant A Size: 10,000 SF
Building Area: 50,000 SF
Operating Expense Total: $1,500,000 - Correct Answer (10,000/50,000) = .2
(1,500,000)(.2) = $300,000
Calculate Tenant C's recovery amount using the following assumptions:
Recovery Structure: Base Year Stop
Tenant A Size: 10,000 SF
Building Area: 100,000 SF
, Base Year Stop Amount: $1,000,000
Operating Expense Total: $1,500,000 - Correct Answer (10,000/100,000) = .1
1,500,000 - 1,000,000 = 500,000
(500,000)(.1) = $50,000
Calculate Tenant D's recovery amount using the following assumptions:
Recovery Structure: $10 Fixed Amt/Area
Tenant A Size: 10,000 SF
Building Area: 100,000 SF
Operating Expense Total: $1,500,000 - Correct Answer (10)(10,000) = $100,000
Calculate the General Vacancy Loss using the following assumptions:
Potential Gross Rev: $800,000
Absorption & Turnover Vacancy: $20,000
Calculation: 5% of Potential Gross Rev - Correct Answer 800,000 + 20,000 = 820,000(.05) = 41,000 -
20,000 = $21,000
Calculate the Market Rent Rate in Year 2 using the following info for a tenant that is set to "Renew" in
the Upon Expiration field:
Renewal Probability: 50%
Market Inflation Rate: 5%
New Market Rent (Year 1): $100/SF/YR
Renewal Market Rent (Year 1): $75/SF/YR - Correct Answer Assumes 100% renewal probability
