U-Rite dynamic calculations
Supported Operating System(s):
Web browser (OS agnostic)About U-Rite
U-Rite is a cloud-based commercial real estate platform designed to help real estate brokers, advisors and investors manage property valuation and tenant underwriting. It integrates with Microsoft Excel to facilitate market-specific calculations and predictions related to rent inflation, vacancy, expense recoveries, and more.
Administrators can utilize the platform to screen profiles to bid deals, analyze rent increase on units and generate reports on pipelines and portfolios. Users can include U-Rite's worksheets into Excel to gain insights into capital expenditures, operating expenses and more within the proprietary models.
Other features of U-Rite include team collaboration, reporting, sensitivity analysis, file shari...
2 Reviews of U-Rite
Overall rating
5 / 5 stars
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March 2021
Lisa from Columbia Business School
Company Size: 51-200 employees
Industry: Real Estate
Review Source: Capterra
Ease-of-use
5.0
Customer support
5.0
Functionality
5.0
March 2021
Great Product for MBA Students
Pros
Easy to use! Integrates well with the MBA student preparation for careers in real estate.
Cons
Once this is utilized by more firms the scale will be great and helpful.
March 2021
Regina from starlight investments
Company Size: 201-500 employees
Industry: Real Estate
Time Used: Less than 6 months
Review Source: Capterra
Ease-of-use
5.0
Value for money
5.0
Customer support
5.0
Functionality
5.0
March 2021
Great user-friendly program for complex cash flow projections
Pros
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.
Cons
None really. The only thing that occurs to me is that the back-up calculations are not in an specific order.