For Toronto’s commercial real estate professionals, the pressure to move quickly on off-market deals is constant. However, relying on manual, in-house spreadsheets to model acquisitions often leads to compounding errors that can misprice assets by millions. According to Altus Group, manual data entry is the primary source of modelling risk, with traditional assessments taking four to five hours per property.
By transitioning to standardized platforms like ARGUS Workbook, analysts can reduce this time to just 15 minutes, allowing for more confident investment decisions. The platform centralizes calculations and enforces a ‘house view’ on assumptions, ensuring consistency across teams. Whether you are in the GTA or abroad, moving away from fragmented, error-prone spreadsheets is becoming a competitive necessity. For a deeper dive into mitigating modelling risk and streamlining your acquisition workflow, read the full insights at Altus Group.
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