/*
WordPress - Web publishing software
Copyright 2011 by the contributors
This program is free software; you can redistribute it and/or modify
it under the terms of the GNU General Public License as published by
the Free Software Foundation; either version 2 of the License, or
(at your option) any later version.
This program is distributed in the hope that it will be useful,
but WITHOUT ANY WARRANTY; without even the implied warranty of
MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the
GNU General Public License for more details.
You should have received a copy of the GNU General Public License
along with this program; if not, write to the Free Software
Foundation, Inc., 51 Franklin St, Fifth Floor, Boston, MA 02110-1301 USA
This program incorporates work covered by the following copyright and
permission notices:
b2 is (c) 2001, 2002 Michel Valdrighi - m@tidakada.com -
http://tidakada.com
Wherever third party code has been used, credit has been given in the code's
comments.
b2 is released under the GPL
and
WordPress - Web publishing software
Copyright 2003-2010 by the contributors
WordPress is released under the GPL
=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=
GNU GENERAL PUBLIC LICENSE
Version 2, June 1991
Copyright (C) 1989, 1991 Free Software Foundation, Inc.
51 Franklin St, Fifth Floor, Boston, MA 02110-1301, USA
Everyone is permitted to copy and distribute verbatim copies
of this license document, but changing it is not allowed.
Preamble
The licenses for most software are designed to take away your
freedom to share and change it. By contrast, the GNU General Public
License is intended to guarantee your freedom to share and change free
software--to make sure the software is free for all its users. This
General Public License applies to most of the Free Software
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To protect your rights, we need to make restrictions that forbid
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These restrictions translate to certain responsibilities for you if you
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For example, if you distribute copies of such a program, whether
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you have. You must make sure that they, too, receive or can get the
source code. And you must show them these terms so they know their
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We protect your rights with two steps: (1) copyright the software, and
(2) offer you this license which gives you legal permission to copy,
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Also, for each author's protection and ours, we want to make certain
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Finally, any free program is threatened constantly by software
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patent must be licensed for everyone's free use or not licensed at all.
The precise terms and conditions for copying, distribution and
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GNU GENERAL PUBLIC LICENSE
TERMS AND CONDITIONS FOR COPYING, DISTRIBUTION AND MODIFICATION
0. This License applies to any program or other work which contains
a notice placed by the copyright holder saying it may be distributed
under the terms of this General Public License. The "Program", below,
refers to any such program or work, and a "work based on the Program"
means either the Program or any derivative work under copyright law:
that is to say, a work containing the Program or a portion of it,
either verbatim or with modifications and/or translated into another
language. (Hereinafter, translation is included without limitation in
the term "modification".) Each licensee is addressed as "you".
Activities other than copying, distribution and modification are not
covered by this License; they are outside its scope. The act of
running the Program is not restricted, and the output from the Program
is covered only if its contents constitute a work based on the
Program (independent of having been made by running the Program).
Whether that is true depends on what the Program does.
*/
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?>
January 31, 2010
Lucernex expert Jim Duport provides this response:
In essence, GAAP (Generally Accepted Accounting Principals) rent is an averaging of the rent over the term taking into account rent abatement and fixed/known rent increases. The rent cost calculated based on GAAP is then charged/booked to the Income Statement / Profit & Loss (P&L) statement. The P&L statement is what is reported to the Securities and Exchange Commission (SEC) and is used for tax purposes. In many corporations, the GAAP rent is also the cost that is charged to the real estate department’s or end-user’s budget.
CPI & GAAP — a CPI GAAP analysis
What happens if there is free rent and rent increases are based on the Consumer Price Index (CPI), a “CPI GAAP analysis”? Since increases are not a “known” value, it is difficult to apply GAAP to a lease with CPI increases.
(more…)
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6 Comments »
January 28, 2010
Is data transparency intangible in real estate project management? Many consider transparency to be immeasurable and therefore not valid in an ROI analysis.
Lucernex expert Mike Nuzum (see Mike’s management summary here) provides this response:
During the time I was in the retail business we developed many ways to compress the time it took to complete critical project tasks; whether it was to get a store open faster, get leases signed faster or implement a multi-store remodel capital project quicker. (NSCB3GKUGAMP)
One process we developed enabled us to open new stores in just 3 days.
(more…)
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1 Comment »
January 25, 2010
Dallas, TX (January 25, 2010) – Lucernex Technologies, an innovative developer of business intelligence software for real estate management and development, today announced a new subscription-based price structure for its Lx LseMod product suite. The new rate is designed to make Lx LseMod more affordable for commercial real estate brokers, corporate real estate managers, and real estate consultants seeking expert financial decision analysis and reporting tools.
Now all of the Lx LseMod’s Standard Edition applications, including Lx LseMod Tenant Rep, Industrial, Retail and Landlord Lease Analysis, Lx LeaseVsBuy, Lx Sublease and Lx SpacePro are available for an annual subscription rate of $495. Designed to provide real estate brokers with site selection and portfolio optimization financial analysis for any property worldwide, Lx LseMod applications also enable brokers to automatically create, package and email presentation-quality reports including P&L, Cash Flow, NPV and one-page management summaries comparing alternatives or occupancy scenarios
(more…)
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No Comments »
January 25, 2010
Lucernex expert and EVP Ken Brown’s (see Ken’s management summary here) response to IWMSNews post: See the post here
and the ICAMS Facility Leadership post: See the post here
Having been involved with the IWMS industry for over 25 years, I have seen many trends come and go including some of the early attempts by the commercial real estate firms to enter the lease administration software business when outsourcing first appeared, to the focus on retailers, the shift toward real estate life-cycle and IWMS to the more recent set of events attempting to consolidate the industry. I sold my company, National Facilities Group, Inc. (the SLIM product) several years ago to Accruent and know what it means to be acquired and how it affects products and clients. In my case, there were a number of factors that made the event successful including the huge economic growth that was happening, the move to large suites of point-solutions – creating full real estate lifecycle applications and the fact that there was no clear leader in the space. (more…)
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2 Comments »
January 20, 2010
Lx LseMod version 14.6 has been released! All Lx LseMod products in the Standard and Corporate Edition have been upgraded unless otherwise noted below. The major focus of this release was making an easy to use solution even easier to use. We would love to hear your comments or suggestions on new features. Please add comments by entering a reply in the text area at the bottom of this post followed by clicking “Submit Comment”. (PMR) denotes a Product Modification Request that is the result of a customer request.
THANK YOU to our customers who continue to make LseMod the best Lease Analysis software solution on the market!!!
Upgrades include:
New One Click Toolbar
Added a toolbar at the top of all sheets to make it easier to access the toolbar in Office 2007 (without this users need to go to Add-Ins in the Office 2007 ribbon). (more…)
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No Comments »
January 15, 2010
So many brokers are competing for deals with the same companies every day. I can bet that each company with a lease renewal or relocation on the horizon is about to get 20 calls a week from an almost begging the agent to get an appointment. With an already skeleton crew or perhaps nearly busting at the seams these companies are looking for the best guy or gal to get the job done quickly, efficiently and thoroughly for them. There is no time to be reviewing broker’s resumes or interviewing 5 top agent commercial houses. These CEO’s and CFO’s want to find someone who can solve their problems overnight. It’s the receptionists that file those stacks of resumes and business cards, but there is always one that catches the eye……………..
New agents today are nearing starvation to land a deal, while the “Old Dogs” still keep slamming deals out of the park. Makes you wonder how they do that……..repeat business is key of course but reinventing yourself in today’s competitive market is critical to be in front of the pack. Don’t be fooled those “Old Dogs” are learning new tricks too. (more…)
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1 Comment »
January 10, 2010
Sale Leasebacks can be one of the most complex real estate transactions and are often misunderstood. I have attempted to summarize what a sale leaseback is and its advantages and disadvantages in this Blog. For more information download our Whitepaper on Sale Leaseback. (more…)
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7 Comments »