Commercial Complete Newest Features
This software just gets better and better!
Since Commercial Complete was released in the Spring of 2010, many enhancements
have been introduced. For a complete history of changes click here.
Commercial Complete Plus 3 was released in September 2013. This release
is another milestone, marking another year of continued enhancements that
increase your productivity, improve the quality of your analyses, and make
your final work product stand out.
This software just gets more powerful and more comprehensive while remaining just as easy to use. The enhancements that are included the first release of are briefly described below. Look for additional enhancements in the months
Enhancements Released in May 2014
A Month of Usability Improvements - Dozens upon dozens of enhancements have been made to Commercial Complete
in the last 4 years. Each month along the way, numerous internal improvements
have also been made. In the latter part of April and during the month of
May, the focus has been on the little things that improve usability.
Message to advise the user of the size of his just created PDF file
Message to advise the user of the estimated file size after image compression
Additional progress messages where needed
Better image compression techniques and memory management
Generally smaller narrative document file sizes
Generally smaller pdf file sizes
Noticeable speed improvements when moving from field to field and from
tab to tab
Connectivity improvements for cloud users
Improved Delete functionality of items in dropdown lists
Enhancements Released in April 2014
Imputed Vacancy % Calculation Revised and Enhanced - When performing a Lease analysis, the Imputed Vacancy calculation is optionally displayed on the Multiyear Income Statement, the Total Income Report, and each Income Datasheet for each income item. This calculation has been revised. It is not determined, based upon the tenant space that is vacant in a given year (no leases). The Imputed Vacancy is provided for reference only and has no effect on any of the calculations.
The Imputed Vacancy % is determined by calculating the days that a tenant
space is vacant during each year (no income from a lease). Baseed upon
this calculation, an Absorption/Turnover Vacancy % is alculated. This percentage
is added to the General Vacancy % to determine the Imputed Vacancy %.
Absorption/Turnover Vacancy Report A new report, Absorption/Turnover Vacancy, has been added that displays
the vacant space for each tenant for each year of the analysis. It also
displays the Absorption/Turnover vacancy for each tenant space.
Enhancements Released in March 2014
Band of Investment Calculation - Despite advanced calculation tools like Commercial Complete, it is still
a common practice today to develop a capitalization rate using the Band
of Investment. While we recommend use of the Mortgage Equity Technique
to develop a capitalization rate, an option has been added to develop the
BOI and display this calculation when the Caprate - Stable Report is inserted
in a narrative.
Enhancements Released in February 2014
New MS Word Functionality - Commercial Complete can now recognize and handle most Word documents directly.
MS Word must be installed on your computer. Nearly all of Commercial Complete's
functions that load, save or insert documents now recognize ".doc"
and ".docx" files and handle them appropriately.
A Third Narrative Builder Editor has been added
Enhancements Released in January 2014
USPAP Updates - Commercial Complete will automatically update your newly built narrative to include current references to USPAP 2014-2015. No change in your templates is necessary.
Whether you build your next narrative from a CC document template or from
an old CC narrative report, the USPAP Reporting Options page, if present,
will be replaced by the 2014-2015 USPAP Reporting Options page. The page
that is inserted will depend upon whether the Appraisal Format field is set to Appraisal or Restricted.
Any footnotes that reference 2012-2013 USPAP will be replaced by 2014-2015 USPAP references.
Eleven New Fields have been added under a new "Custom" tab that is located in the center of the Data Entry window, Fields added include:
Eight "Open Fields". These are text fields ranging from 30 to
2 pre-defined fields. Latitude and Longitude
An Open Memo field - 255 characters per paragraph.
Enhancements Released in December 2013
Expense Summary Tab Improvements
General Comments Heading and Expense History Heading can be changed
Expense Summary Description (Total tab on Expense Summary), General Comments,
and Expense History comment can optionally be displayed on the Expense
Enhancements Released in November 2013
Additional options were added to the Expense Report. All columns can be toggled on or off without showing the Projected Expenses column, % of Gross column, or Per Unit column. View Sample
Enhancements Released in October 2013
Historical expenses can now be added to the Expense Report. When the historical expenses are
filled in on the Expense Summary Tab (Income -> Expense Summary) and
the History Box is checked under the "Short" column on the right
side of the Expense Summary window, up to 3 additional columns will be
displayed on the Expense Report for Current Expenses, Prior Year Expenses,
and 2 yrs. Prior Expenses. If no expenses for a given period are filled
in, that column will not be displayed on the Expense Report. View Sample
Backup and Restore functionality has been implemented for Cloud users. A Super-Admin can now download a
copy of their Cloud database to their local computer at any time. If necessary,
Commercial Complete can connect to this downloaded copy and the database
can be run locally. A local copy of the database can be restored to the
Cloud, if necessary, replacing all of the Cloud records with those contained
in the local database.
An Expenses grid type option has been added. This option can be used in conjunction with the Expense Comparables group to grid the expenses of the comparables. The functionality is similar to the other grid types. Adjustments can be made on the grid for any of 12 line items. Comments can be made on the grid, just as they can for the other grid types. View Sample
An Expenses grid type radio button is displayed at the lower left of the
Grid window in the Grid Panel.
A Single Unit option has been added to the Grid window. This is a good choice for single
family properties. All adjustments are based upon the sale price of the
comparable rather than building area.
An additional dropdown choice has been added to the PDF button in Narrative Builder. You can now optionally display the red field marker brackets in a pdf. When you are creating a new document template, this option is handy for proofing the template.
Enhancements Released in September 2013
Optional Subject column can now be displayed on the comparison grids. A checkbox "Display Subject Column on Grid" is located at the bottom right of the Grid window under the Grid Date and Time Adjustment percentage. View Sample
Grid lines can be optionally displayed to separate line item adjustments to emphasize
the adjustments and make them easier to follow.
An expanded Subject Comments field is now available that will be displayed when the optional Subject Column is displayed on the grid.
Improved grid layouts have increased spacing between columns, making the
grids easier to read and even more impressive.
Browse buttons have been added to the upper left of the Property Data screen to enable the user to easily return to previously viewed record.
A dropdown has been added to the Manage Images button to enable the user to easily preview the images in a record's image strip and select a default datasheet photo
A dropdown has been added to the Recall Last button (near the lower left side of the Data Entry window). Click this dropdown to view all Subject properties that have been added to your database. A list of all Subjects is presented. Sort by any of the columns to locate a particlular Subject by File Number, Report Date, Street Address, or City State Zip. Click on a Subject in the list to bring it into Current View.
Commercial Complete is Always a Work in Progress
The above list of features that is included in Commercial Complete Plus 3 is only the start. Commercial Complete is always a work in progress and many additional useful features are still on the drawing board. To see what we mean, view the Plus 2 Enhancements and Plus 1 Enhancements. Our history of adding new features on a regular basis throughout the year is solid.
Call Us for a Personal Demonstration
We invite you to explore the many benefits of Commercial Complete. Call
us at 800-884-1630 and we will lead you through a personal demonstration.