ORI Calc not adjusting to Market Rent

  • Anonymous
    Inactive
    7 years, 5 months ago #2456

    Hi – great model and thank you again for what you are doing!

    I am using Beta v.0.5.8 and it doesn’t appear that the ORI-RR calcs are adjusting to reflect the Market Rent from the ORI-RR tab. Even when I put $0 PSF for all of the Market Rents, my returns don’t change. My understanding is that all 2nd & 3rd generation leases should be calculating the new rental rate on those market rates?

    Thanks!

    Spencer Burton
    Keymaster
    7 years, 5 months ago #2848

    Thanks for the heads up on this. I’ll look into it and include a fix in the release coming this Saturday.

    Spencer Burton
    Keymaster
    7 years, 5 months ago #2850

    I’ve made the change in beta v0.5.9 of the model. You are correct, the previous version was using the 1st Generation Base Rent as the starting market rent, rather than the Future Leasing Assumption Market Rent amount. Really appreciate you finding this error.

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