Empty units with an MLA in AE?
It is not uncommon to have a unit that does not have any contractual lease during a particular analysis period. Typically you'd model the expected cash flows with an MLA.

But in Argus, tenants and units are *sort of* one and the same. I can't see a way to enter a unit with just an MLA?

Back in the DCF days, the solution was to enter a fake tenant with the same terms as the MLA. But this is very annoying.

I notice that you can enter a lease that ends on the analysis start and assign the MLA to that, and it *seems* to calculate properly. But that causes the warning triangles to appear because the lease is before the analysis. Those triangles make the counterparties go "hmmm".

Is there a canonical solution to this in Argus Enterprise?
[{"id": "fp2lta2", "text": "Can you use space absorption tab?", "replies": [], "depth": 1}, {"id": "fp2mwou", "text": "Just enter a speculative lease with a start date in the future? You can even have it use the assigned MLA assumptions by selecting \u201cMarket\u201d for base rent, recoveries, TI. LC, etc.", "replies": [{"id": "fp2tga9", "text": "Yes, this is it. Use % of market and set to 100", "replies": [{"id": "fp2ya2i", "text": "They added a % of Market with Rent Bumps which is even more easy to use.", "replies": [], "depth": 3}, {"id": "fp2yzvi", "text": "Ahhhh, yes, this is perfect.\n\nDoes anyone know what it does with the downtime? Does it offset the start of the cashflows from the analysis start?", "replies": [{"id": "fp5nv1n", "text": "You input the lease begin date, so you create your own downtime. Unless you are talking free rent, which is also something you can input yourself", "replies": [], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}]