ARGUS Developer™ is the global industry standard for real estate development appraisal software, combining cutting edge technology with a simple user interface to make any level of development analysis easy.
ARGUS Developer is in use by thousands of owners, commercial developers, home builders, land developers, agents and financial institutions throughout the world. It is designed to work for all forms of real estate, including commercial, residential, retail, office, industrial, hotels, other operated properties, land development and any combination for mixed-use developments.
Multi-phased graphical project interface
Unlimited project size and scope using individual phases and timing
Sensitivity Analysis using up to four dimensions, including building cost rates, capitalisation rates and time overruns to expose the risks of the project
Automatic generation of timed cash flows, using easily adjustable project timing
User defined project templates to facilitate rapid analysis of similar projects and opportunities
Clear reporting and outputs, including paper, PDF and Excel Immediate real-time calculations
Unlimited partners and loans with cash flows for each partner
Mortgage takeout financing
Mixed-use commercial and unit sales
Preferred and waterfall returns, including: IRR "look back", promote, and residual percentage waterfalls
Land Residual calculation enables the determination of the land purchase price based on targeted returns
ARGUS Developer was designed for real estate development appraisals and includes tenancy schedule, unit sales and cost distribution capabilities. Our clients tell us they save 75% of the time it takes to do appraisals compared to spreadsheets.
ARGUS Developer presents projects in a consistent entry grid and cash flow format. Results are consistently calculated to allow proper benchmarking of projects.
ARGUS Developer automatically prepares timed cash flows based on centrally controlled project timings. Changing the construction duration from seven to eight months takes seconds – costs are automatically redistributed in the cash flow.