U-Rite

U-Rite is Excellent

Opmerkingen: Super customer service who understands that no two commercial real estate deals are the same. Modeling for TIF, no TIF, changing debt, cost of equity, waterfalls, etc… is all handled well within the software.

Pluspunten:

It’s a super product that allows us to change inputs easily that flow thru calculations, returns, and other metrics.

Minpunten:

None really….the team has been supportive and helpful.

Cost effective solution to alternative software with great results and

Opmerkingen: Very positive. Great team, smart people. Customer focused.

Pluspunten:

We have used U-Rite for over 2 years to assist with our day-day financial modelling and U-Rite+ for our more complex real estate projects and acquisitions. We have a high level of comfort and confidence when using both services. As a result of using U-Rite, our financial modelling has been more accurate, more swift, and fewer hours have been spent on these day-day tasks, which allows our organization to be more productive as a whole. We are a smaller company by headcount, but we are involved in many large scale and complex projects, so this software has been very impactful for us, and the cost/benefit analysis is truly a no brainer, but any larger organization would benefit from these services. For us, it's all about being as productive as possible. Customer service is 10/10 - the team is always available if you have any questions. It is Excel based, so integration has been simple, and any training sessions short because it's an add-in to a software we already use. The company seems like they are trying to make life easier, not harder in that respect. Pricing is quite modest, and we will continue to use these services for the foreseeable future. In our mind, there are no better alternatives right now.

Minpunten:

Really no cons at this point. U-Rite team has been very receptive to any changes we feel need to be made, and listen to their customers. The Tech team and Founders are working to build (and have built) a software that is truly useful for the Real Estate industry, so in my experience they constantly adjust/pivot as necessary to improve the software.

Development underwriting

Pluspunten:

Was able to customize for our specific type of project

Minpunten:

Still some challenges getting to know the tools

Modern alternative to outdated industry standard software

Opmerkingen: Has been a game changer in my day-to-day. Saves a ton of time preparing financial models that I can share and save with my team/clients.

Pluspunten:

The software is very intuitive and allows me to prepare complex financial models all in one platform. Excellent user interface.

Minpunten:

Synchronization with existing industry software which I have been told will be added in a future update.

U-Rite Rocks!

Opmerkingen: I value the overall ability to quickly underwrite and analyze new deals so I can create additional value for my company!

Pluspunten:

The product has an incredibly easy user interface that is quite simple to add-on into the project.

Minpunten:

There is some difficulty with lack of integration with other product and use within the organization.

Great user-friendly program for complex cash flow projections

Pluspunten:

The ease with which you can project different terms, renewal rates, tenant inducements, and recoveries, among other. Also, it is super simple to change the assumptions and since U-rite works directly in (it's integrated iwth) Excel, updating/authomating the valaution template is a breeze. Moreover, when you run U-rite in Excel, the additional tabs created with the back=up calculations, allows the model to be throughtly audited, and explained to senior management.

Minpunten:

None really. The only thing that occurs to me is that the back-up calculations are not in an specific order.

Great Product for MBA Students

Pluspunten:

Easy to use! Integrates well with the MBA student preparation for careers in real estate.

Minpunten:

Once this is utilized by more firms the scale will be great and helpful.