Glorium Technologies Img

FUEL

By Glorium Technologies

Glorium Technologies Img

    About

  • location

    Location

    USA

  • industry

    Industry

    Health Care & Medical

  • expertsie

    Expertise

    Other Marketing
  • date

    Date

    - Ongoing

Description

RealPage, Inc. is a leading global provider of software and data analytics to the real estate industry. Clients use this platform to improve operating performance and increase capital returns. Founded in 1998 and headquartered in Richardson, Texas, RealPage currently serves 12k+ clients worldwide from offices in North America, Europe, and Asia. Find more information here.

Fuel became part of the Real Page family in 2019 after it was acquired from Hipercept.

Challenge

Our team was developing Fuel from the ground for about 8 years and has been constantly delivering an innovative and robust solution. It’s accessible from the web or mobile device and provides unlimited modeling scenarios making Fuel crucial for owners, investors, property managers, appraisers, and brokers.

Flexible pricing plans based on the customer asset quantity or period of usage are available.

Solutions

Financial modeling mechanism allows real-time calculation of all elements of cash flow and main financial metrics like IRR, Capitalization rates, and Equity multiplicators.

- The product covers all areas of modeling: Revenue side, Expenses side (CapEx, OpEx), debt burden (loans taken) modeling, recoverability of expenses, etc.

- Fuel reports are accepted by banks during the underwriting process.

- Integration with market data providers (VTS, JDE, Strategic Group, RealPage Corp.) allows retrieving market data per industry/region/ property type, etc.

Impact

The product allows the creation of sensitivity layers – each factor can be changed and the result of such change is shown, allowing the incremental impact of every component to be seen.

- Modeling mechanism counts all elements per property unit or tenant, monthly, and per each revenue/expense category.

- Recoverability of expenses could be modeled on the tenant/unit level as % of the area occupied, % of overall costs, or an absolute amount.

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