Dr. Tim M. Havard - Argus Developer in Practice: Real Estate Development Modeling in the Real World

ARGUS DEVELOPER IN PRACTICE

REAL ESTATE DEVELOPMENT MODELING IN THE REAL WORLD

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Dr. Tim M. Havard

Argus Developer in Practice: Real Estate Development Modeling in the Real World

Copyright 2014 by Tim M. Havard

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ISBN-13 (pbk): 978-1-4302-6262-6

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Contents

About the Author

Dr. Tim M. Havard has over 30 years of experience in real estate development, investment, and appraisal gained from both practice and academia. He has worked in the UK, Australia, and the Middle East. He has taught at UTS, Sydney, Australia; and UMIST and Oxford Brooks University in the UK. He spent several years with Argus Software and its predecessor training clients on the companys software suite before returning to his own practice. He is the author of Investment Property Valuation (2002); Contemporary Property Development, 2nd Edition (2008); and Financial Feasibility Studies for Property Development: Theory and Practice (2013).

Acknowledgments

Thanks to Argus Software, especially Paul Broadley, and CREModels for their help, support, and product excellence.

Preface

I have written this book with the intention of filling a gap in the market. This book concentrates on the software package Argus Developer.

Argus Developer and its predecessor Circle Developer have long had a dominant position as the primary real estate development appraisal tool. Developer is used all over the worldin North America, the UK, Europe, the Middle East, Asia, and Australasiaon a variety of projects from simple residential schemes to huge and complex master-planned, mixed-use commercial, residential, and leisure projects.

However, there has never been a companion book that concentrates on the practical application and use of the program.

The software does come with a comprehensive user manual that is either bundled with the program or available onlineaccessed via the Help buttonbut this manual does not take you through the process of the appraisal step-by-step.

The company does offer training on the softwareat a cost. The training is limited, however, and only a certain amount of ground can be covered in a three-hour session, which is the standard package the company offers. Argus delivers two levels of training: