Lucro Announces New Promotion for ARGUS Valuation DCF Customers

Promotion enables real estate professionals to make a seamless transition to Lucro’s suite of financial-modeling tools that enable efficient deal and portfolio analysis for real estate investment

(CHICAGO – December 20, 2016) – Lucro, a provider of modern financial modeling solutions for commercial real estate investing, announces a promotion for ARGUS Valuation DCF™ customers. Considering ARGUS’ forced migration to ARGUS Enterprise with DCF support ending June 30, 2017, Lucro’s promotion offers a cost-effective alternative, 30 percent discount on an annual subscription, and a seamless transition to Lucro’s suite of easy-to-use, financial-modeling tools that enable efficient deal and portfolio analysis for real estate investment. The promotion is immediately available through March 31, 2017.

By replacing their legacy Argus products with Lucro’s financial modeling solution, real estate professionals can quickly create a financial model in any asset class (office, retail, industrial, apartments/multi-family, hospitality, etc.), under any investment hypothesis (core, value add, development, etc.), with no coding required. Because Lucro is a complete solution, users can analyze income, expenses and capital structure all on the Lucro platform, eliminating the need to go back and forth between separate tools. Lucro also enables users to mine their own historical data that previously would reside in various independent files, providing real-time insights. Lucro offers visibility into cash flows through multiple layers of debt and equity, as well as, the ability to analyze a deal over multiple assumption sets. Users can also add deals to portfolios to highlight consolidated financials and Net Asset Value (NAV), and collaborate with other stakeholders with version control.

“90 percent of the market is underserved, using either Excel or a combination of Excel and ARGUS, making real estate forecasting inefficient, error-prone, extremely time intensive and confined to certain types of asset classes,” said Brian Axline, founder and CEO, Lucro. “Lucro is a collaborative solution built for real estate professionals that builds financial models with the level of quality and sophistication that Wall Street expects, yet is simple enough to enable users to spend less time crunching the numbers and more time getting deals done. Where forecasting cash flow for a 30-unit office building using current tools and processes used to take more than 60 man hours, it can take just four man hours with Lucro.”

“Lucro provides best-in-class deal evaluation and collaboration software with an intuitive user experience that can be utilized across all property types. It is hands down better than any alternative I have come across,” said Lamar Newburn, Managing Broker at Sett Properties, and Lucro beta customer.

Developed by real estate professionals, technologists and designers with decades of combined experience, Lucro offers brokers, developers, investors, lenders, appraisers, managers and other real estate professionals key benefits including:

  • Complete solution – Model any asset class (office, retail, industrial, apartments/multi-family, hospitality, etc.), under any investment hypothesis (core, value add, development, etc.), and analyze income, expenses and capital structure all on one platform.
  • Market intelligence – Harness historical data that previously would reside in various independent files, providing real-time insights.
  • Built for real-time collaboration – Easily share and edit financial models in real-time with other deal stakeholders with version control; if a user makes a change to a model, the update is immediately made available to all other stakeholders.

Lucro’s promotion is immediately available through March 31, 2017. For more information or to get started, visit http://getlucro.com/argus-dcf-switch. To learn more about Lucro, please visit www.getlucro.com.

 

About Lucro

Lucro provides modern financial modeling collaboration solutions for commercial real estate investing that enable real estate professionals to spend less time crunching the numbers and more time getting deals done. Because Lucro is a complete solution, users can model any asset class (office, retail, industrial, apartments/multi-family, hospitality, etc.), under any investment hypothesis (core, value add, development, etc.), and analyze income, expenses and capital structure all on one platform. Built with the level of quality and sophistication that Wall Street expects, Lucro automates a once arduous task, standardizes the presentation of financials, and provides rich data visualization. For more information, visit www.getlucro.com and follow us on Twitter at @LucroApp.

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