"LseMod is written simply enough for a broker to use and it's detailed enough for people like me who do real estate financial analysis for a living."
More quotes.

Erik Sznip
Manager, Financial Services
Colliers ABR Inc.
NYC
 
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Need to negotiate real estate leases? Analyze, budget, compare leases?

LseMod Features - Save time, save money, and look good doing it!

Features have been listed with a link to learn more. In general, all features apply to all programs. Click to see a list of Silver Series, Gold Series, and Specialty Programs.

The ONLY way to see all the features is to do a
live demo and ask us your questions!

Complete suite of products - Since LseMod offers products from a basic cash flow analysis to lease vs. buy to international sale-leaseback including capital, depreciation and GAAP rent, you only need to buy the features you need. Additionally, since the programs are so similar, learn one program and you will know them all! Click to learn more.

Compare over 500 variables side-by-side - LseMod let's you compare multiple variables between deals. Add or delete variables and easily create custom reports with the appropriate level of detail. Files are dynamically linked so changing one file automatically updates the other files saving you time and the worry about remembering to update other files. More

Pizzazz and Flash - Include color, highlighting, bolding, pictures, and logos. Check out our reports and compare them to others! Look good and feel good about the reports and graphs you submit. More

Comprehensive - Include as much, or as little detail as you want. Compare Occupancy Costs or just do a rent comparison, LseMod let's you easily choose what you want to include. Develop comprehensive analyses that include All Occupancy Costs, including fit-up costs, so valid comparisons (or budgets) can be made. More

Do as much, or as little as YOU want - Typically, the ONLY required data entry is the rent, the square footage, and the lease term, everything else is optional at the user's discretion! More

Email - LseMod's proprietary email commands (included at no additional cost in all programs) let you create a separate Excel file with just the reports and graphs you want, and even creates a Table of Contents making it easy to send reports to clients. All the client needs is Excel. More

Calculate Totals/Differences - When comparing properties or evaluating a scenario, it is nice to be able to calculate differences and totals. LseMod does that for you, either in the Management Summary or on an annual basis. Point & click, LseMod will do the rest. More

Protect/Unprotect - No canned program can think of everything. In LseMod you can unprotect the file if necessary. The core formulas are not changed and you can tweak/change wording, etc. as necessary. More

NPV - NPV is calculated on a beginning of the month basis since that is when rent is paid. Options are to change to end-of-month, annual or quarterly (designed for the UK). More

Training / Help - Training is included in the purchase price, plus training videos can be viewed over the Internet, plus there is a Help file and we are available 24/7, 365 days a year! More

Easy to Use - We take advantage of Excel; however, you do NOT need to know Excel to use LseMod. Drop down menus make printing, emailing, and navigation commands as well as multiple options to modify and tweak reports just a click away! More

EBITDA, P&L, Before & AfterTax NPV - LseMod's Silver Series compares cash flows. The Gold Series includes even more, GAAP rent, Capital vs. Operating Lease Test, GAAP Sublease analysis and more. Designed for Corporate Real Estate Managers, LseMod is a world-class process improvement that will take an organization to the next level. More

International Module - Ever been frustrated trying to analyze a transaction in Euros and square meters? LseMod lets you enter all costs in the local currency and measurement (any currency, any measurement), then gives you a financial summary in local currency and in US$ and sf. More

Compare side-by-side deal points and other factors - It's not always cost that determines a decision, sometimes (often) it's other factors such as Expansion options or in the case of Industrial buildings, building characteristics like clear height, number of dock high doors, etc. In LseMod deal points and other factors can be compared side-by-side making the decision process easier. More

Rent - LseMod provides the user a choice of entering rent on a $/sf/year or /month basis, formulas for standard increases that can be easily changed to meet virtually any need. More

Operating Expenses & Real Estate Taxes - From NNN to Full Service, or any where in between (including a mid-term abatement) LseMod can handle it. More

Presentations - Every LseMod program includes commands to easily copy reports and graphs that can then be included in Word and PowerPoint documents. More

TI's and Construction Financing - Tenant Improvement costs including the landlord's TI allowance and construction financing (for all or part of any overage) can be easily included. Calculations can be based on rentable sf or usable sf. More

Goal Seek - Use our proprietary goal seek to find the rent necessary to meet your goals, just enter the new value (rent, total cost, NPV, etc.) and let LseMod do all the work for you.

Lease vs. Buy - Our lease vs. buy programs include multiple loans (with or without balloon payments), crossover for when buying becomes cheaper than leasing, leasing out all or part of the space, sale-price point of indifference, opportunity cost, IRS 1250 depreciation recapture, and much more. We have done all the work for you!

Tweaks - LseMod includes an Additional Inputs sheet that can be used to tweak costs such as the rent, operating expenses, real estate taxes, etc. on a monthly basis. The ability to easily adjust costs on a monthly basis makes it very easy to accommodate those unique situations that seem to occur in virtually every lease analysis.

Lease year, calendar year, or fiscal year - LseMod gives you the ability to easily show your financial reports based on a Lease Year (e.g. Yr.1, Yr.2 etc.), a Calendar Year (e.g. 2005, 2006, etc.) or a Fiscal Year that can start at any month (e.g. like the Federal Government, FY05 starting Oct. 1, FY06, etc.).

Link to LseMod Landlord - When doing a tenant rep analysis for leasing space, you may want to see the deal from the Landlord's perspective. LseMod Landlord lets you link a lease analysis so whenever you change you tenant rep analysis, the landlord's analysis is automatically updated. Easily see costs from both sides of the table with automatic updates!

Special Taxes - Need to include VAT, GST, a Management Fee on Rent in your analysis? LseMod provides the flexibility to tax any line item, or just as easily all costs. And, there is even the ability to adjust special taxes as necessary on a monthly basis.

Term - LseMod is designed to accommodate any analysis term up to 16 years. If the term is only 63 months, extra years can be easily hidden so they do not show in the reports. Additional, in the Gold series users calculate costs and NPV's up to 65 years!

Annualized cost per sf - in the financial summary costs are shown on a $/sf/year basis and as regular costs. However, what happens if there is a partial year, e.g. leased for 9 months. In LseMod the rent shown on a $/sf/year basis will be the annualized cost, not just the 9 month cost unless the user has chosen in enter rent as $/sf/month, in which case the costs will show as $/sf/month. Presenting partial year costs on an annualized basis simplifies explaining the analysis to others.

User-defined Notes - In LseMod we give you the ability to easily added your comments to the financial reports. The default is two rows of comments, additional rows can be added as easily as point & click so you are not limited in how many comments you can include.

Branding - Easily include your logo, or your clients logo on reports and graphs. You can even create a custom template so your logo is always included.

Excel on Steroids - Once you see how LseMod works, you'll think Excel is on steroids. Our team includes a leading Excel expert (www.add-ins.com) so we have been able to make LseMod very easy to use with drop down menus, multiple navigation alternatives, linked files so changes are automatically updated in all files, and much more. You do NOT need to know Excel to use LseMod just as you do not need to know "html" to use the Internet.

Multiple files open at once - An issue with some other programs is the inability to work on multiple files at once, in their cases, only one file can be open at any given time. In LseMod, multiple files can be open at once so that if you need to make a change to a number of files, all the files can be opened and then the change made, saving you time and frustration.

Files linked - When creating a management summary or evaluating a lease from both the Tenant's and Landlord's perspective, LseMod links the files, meaning when a change is made to one file, other files are automatically updated so you do not need to worry about forgetting to update a related file!

Management Summary - In LseMod you can create a true Management Summary comparing side-by-side over 500 variables, or just compare variables that are important to the end-user. Point & click, costs can be added or subtracted. Other reports show key costs by year including $/sf/year providing you the ability to present alternatives in a multiple formats to an end-user.

Customize Graphs - All graphs in LseMod are unprotected so they can be easily customized for color, format etc. Use our defaults, or point & click to change the items included. We even give you the ability to easily create your own graphs! And, LseMod's graphs can be emailed to a client!

Easily hide what is not being used - LseMod is very comprehensive, but sometimes you do not need all that "comprehensiveness". In LseMod point & click to hide costs (e.g. furniture, parking, etc.) that not being used, so you can present a concise report showing just what is required with no need to explain why some costs are not shown.

Free Rent - Free rent can be easily included in an analysis, even partial months, mid-term, or at any other time during the lease.

Partial Term calculations - Ever need to compare leases with different terms. In LseMod you can show the costs and NPV for any part of the term, e.g. 60 months of a 7-year lease so you can compare it to a 5-year lease? Additionally we have graphs that compare the average annual cost and the first year cost, capital if applicable, and the NPV of the average annual cost so getting an apples-to-apples comparison is easy.

Capital vs Operating Lease Test - In LseMod's Gold Series you can easily check if the lease is a capital or operating lease based on the 90% rule. There is no need to do separate calculations on another spreadsheet, you can adjust the numbers as necessary!

GAAP Rent - LseMod's Gold Series includes the ability to show rent charged to the P&L (and EBITDA) based on GAAP or use Effective Rent or just show the rent as straight Cash Flow. Since budgets are based on P&L, end user's can see exactly how costs will be charged to their budget.

GAAP Sublease Analysis - In LseMod's Gold Series you can include the costs for subleasing all or part of the space, and optionally, adjust your P&L (and EBITDA) analysis for the GAAP Loss on Sublease / Accretion Expense. LseMod Sublease and the Gold Series programs also include Profit Sharing, if applicable.

Budget Reports - In LseMod Pro, and Purchase you can compare the proposed costs to a budget so that when you submit a lease for execution, management can easily see how the proposed lease compares to what was budgeted. In LseMod Pro there is also a Funding Request Form that can be modified and for obtaining sign-off approvals prior to executing a lease.

Financial Reports - Our reports are second to none. Compare our reports to your or reports from other companies. Which ones are comprehensive, yet flexible, include color, pictures, logos, and can be easily modified to show just what you want/need to show.

Scenarios - Ever done a scenario/consolidation analysis, and then one number changes and you spend hours updating all the related files. LseMod was designed to make scenario analysis easy. Files are linked so change one file, other linked files are automatically updated. Doing "what if" analysis has never been easier!

Annuity Cost Analysis - Need a way to compare properties with different lease terms? Most LseMod programs include an annuity cost analysis, the present value of the cost is determined and then amortized over the term at the discount rate so comparisons can be made based on rent/sf/yr or occupancy cost/sf/yr.

Highlight in yellow, bold text - Point & click and you can highlight and/or bold text so you can easily focus on what's important to you and the end-user.

Print commands - Print commands are pre-programmed, but you can easily override the default settings to create your own custom reports printing on whatever size paper you want to use. LseMod has maximum flexibility to make printing easy for the user.

GAAP Sublease Analysis - In LseMod's Gold Series users can choose to show a sublease either based on cash flow or taking into account GAAP and the write-off of any loss. Wow the finance department!

Lookup commands - Ever make a mistake figuring out the 20th month of a lease for a rent increase? LseMod has lookup commands that you can use to find the date of the 20th month or rent or the pass-through operating costs and taxes for any month in the term. How's that for making you life easier?

Format Options - Costs can be shown as regular numbers, e.g. $143,208 or in thousands, e.g. $143.2. Point & click and you can change the number formats too, e.g. instead of showing a cost as $27.43 you can show it as $27.4329. If an analysis involves large numbers such as $12,548,243, many CFO's prefer to see the cost as $12,548.2 or $12,548 and focus on the big numbers.

Benchmarking  -  Cost per headcount, cost/workstation, cost/partner can all be easily included in your analysis and compared side-by-side. User defined metrics can be added to the analysis and in the Gold Series, the impact on EPS (earning per share) can also be included.

Earning per Share (EPS) - In the Gold Series users can calculate the impact on the earnings per share (EPS).

Expansion & Subleasing - In the Gold Series users can include an expansion or sublease in the same analysis making it easy to create a phased occupancy analysis. Another kind of analysis that is easily done is a move to new space and sublease the existing space.

End-User input forms - In the Gold Series we have created forms that can be emailed to an end-user for them to enter costs, e.g. infrastructure costs for furniture, voice, data, etc.) and then returned so that a comprehensive detailed occupancy analysis can be completed.

There's more!  This is only a PARTIAL list of LseMod's many features.

Silver Series Products

LseMod Tenant Rep, LseMod Industrial, LseMod Landlord, and LseMod Sublease

Gold Series Products

LseMod Pro

Specialty Programs

LseMod Buy, LseMod Condo, LseMod Purchase, LseMod Sale/Leaseback, SpacePro

 
 
Click to see Sample Reports

Click to see Sample Reports