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.

Bootstrapping in America Interview

Check out Lucro’s CEO, Brian Axline, on Bootstrapping in America.

======== tastytrade.com ========

Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments!

Catapult Chicago

Real Estate Tech firm, Lucro, joins Catapult Chicago

Lucro, a real-estate technology firm that is reinventing the way professionals collaborate on real-estate investments, joins the ranks of Page Vault, Rent Like A Champion and Rippleshot at Catapult Chicago – a peer-selected community of tech startups.

Lucro aims to save its customers 90% of their time when analyzing an investment in real estate. It’s been growing rapidly since its inception in October 2015, cultivating novel features that automate financial-model creation and streamline the deal process. Founder and CEO, Brian Axline, set the trajectory for the Lucro team to design a collaborative tool that enables access to market intelligence for all asset classes and presents complex transactions in a transparent way.

Catapult Chicago

Catapult’s Tight-knit Community

“Lucro is a natural fit at Catapult,” says April Lane, Catapult’s Executive Director. “They are a growing company with a top notch founder and team, offering a game-changing tech platform for commercial real estate professionals.”

Lucro’s technology appeals to both institutional, real-estate investors and house-flipping, weekend warriors. Axline is passionate about making this technology accessible and beneficial to anyone who wants to get involved in real estate. By doing away with manual input and a clunky two-step analytical process, characteristic of its predecessors, Lucro introduces a level of intuitive simplicity and ease-of-use that is unequalled in this market.

Thrilled about the company’s new membership with Catapult, Axline muses, “Catapult seats us in the trenches with other companies facing the same challenges; the result being that we can utilize valuable resources, maximize visibility into the capital markets, and scale gracefully, all while in the company of non-competing peers and mentors.”

Joining the community at Catapult Chicago, an outfit that has successfully scaled, accelerated, and mentored over 35 startups (90% of which remain operating), is just another exciting benchmark for Lucro.

Find out more about Catapult on their website http://www.catapultchicago.com or follow them on twitter at @CatapultChi

Bitnami