Chicago–A new companion product is now available for each of the five Income/Expense Analysis property sector reports published annually by the Institute of Real Estate Management (IREM). The reports cover conventional apartments; office buildings; federally-assisted apartments; shopping centers; and condos, cooperatives and PUDs. The Income/Expense Analysis Online Lab is an interactive website from IREM with 24/7 access until Aug. 15, 2012, when next year’s data becomes available. It enables purchasers to download over 10 years of historical data for the selected property sector, including over 100 customizable line-item variables, and compare it to the operating data in their individual portfolios.
Specific benefits include being able to:
- Make at-a-glance data comparisons by property type, year, age, line item, and/or location
- Build and tweak budgets throughout the year
- Relay precise metrics and trending data to owners and investors