Viewpoint Online White Paper

VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
About Viewpoint Online
Your favorite Commercial Real Estate (CRE) research publication just went digital: Viewpoint Online is your
access point to unparalleled market research spanning five CRE property types, including Office, Multifamily,
Retail, Industrial, and Hospitality.
Viewpoint Online is an easy-to-use, interactive dashboard that revolutionizes how clients access and interact
with IRR’s Viewpoint research data. CRE industry participants such as Appraisers, Auditors, Brokers, Investors,
Lenders, and Researchers all have various use cases in which Viewpoint Online will prove a valuable resource.
How to Access Viewpoint Online
Viewpoint Online is available for either a 6 or 12-month subscription through IRR’s website. The Viewpoint
Online dashboard is accessible through IRR.com/Viewpoint-Online. Just select your preferred plan, create an
irr.com user account (if you don’t already have one), select your password and provide your payment
information and your Viewpoint Online subscription will be instantly activated.
A 6-month subscription costs $350.00 and a 12-month subscription costs $500.00.
If you would like a subscription for multiple users, please contact us at [email protected] for
Enterprise subscription plan pricing.
Note: Subscriptions are automatically renewed at the end of the subscription period.
Viewpoint Online Research Content
For each of the five primary CRE property types, Viewpoint Online introduces a national, regional,
and local market overview.
The following tabs are included in the Viewpoint Online dashboard (e.g. Hospitality Dashboard), providing
users with national, regional or local market detail.
DashboardTabOrder
The research elements found within each of these tabs are described below:
National Overview Tab
• Holistic view of the national marketplace, with key property-centric themes.
• 15+ years of surveyed Going-In Capitalization Rates, Discount Rates, and Reversion Rate data
at the national level.
Use the filter to select the
asset class you are interested
in researching. Almost all of
the graphics are interactive,
allowing users to take action.
Drill-into a data point, or the
X-Axis to access underlying
information.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
•
Links to property level research content
(data tables, market cycle charts, research).
•
•
Identify the bulls and bears from the latest quarter based on transaction volume data.
Latest property-centric market cycle chart
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
Regional Overview Tab
•
On the Regional Overview tab, users can customize their market analyses to include one or multiple
regions. Filters on the page are designed to provide user flexibility and interactivity. Select one or many
property asset types for your research. By default, the dashboard displays data based on the latest
Viewpoint survey period, however users can select historical periods to discern regional patterns.
•
15+ years of surveyed Going-In Capitalization Rates, Discount Rates, and Reversion Rate data
at the regional level.
Keep an eye on risk premium
levels in relation to the regional
cap rates.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
•
3+ years of comprehensive market stats
including Asking Rents, Vacancy Rates,
and Tenant Improvement Allowances.
•
Drill into regional indicators and forecasts
to reveal local market detail.
Interact with the map to examine
TI Improvement Allowances ($/SF)
for markets in a region.
Market Overview Tab
•
Toggle between markets to gain insights through a local market level profile. The dashboard will guide
users through key indicators for the market across various property-asset classes.
•
Examine 12-month local market forecasts including Annual Net Absorption, Construction,
Years to Balance, and Annual Value Change projections among other indicators.
•
15+ years of surveyed Going-In Capitalization Rates, Discount Rates, and Reversion Rate data
at the local market level.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
Market Comparison Tab
•
An interactive and user-customizable tool for ad-hoc market comparisons. This tab allows users
to select two markets for comparison, and furthermore, compare market conditions for these two selected
markets to a region(s), or even to all markets nationally! This enables the quick identification of variances
in Cap-Discount Rate Spreads or for the evaluation of the risk premium in relation to cap rates for the
selected markets. A side-by-side presentation of elements, including the Inventory and the Construction
Outlook, delivers a complete market comparison.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
Market Ranks Tab
•
Users can view market rankings within a region, or across all markets nationally.
Market rankings can be formulated on historical or current Capitalization and Discount Rate data.
The underlying data for the report can be downloaded in an Excel or CSV format.
The table is interactive allowing
users to sort in descending or
ascending order by selecting the up
or down arrow found across the
column headers.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
What distinguishes Viewpoint Online?
Viewpoint Online represents the best way to digest all Viewpoint content. Here’s why:
•
Automatically refreshed with new Viewpoint data across all property-types and local markets covered.
24/7/365 online access.
•
Viewpoint Online provides users access to all Viewpoint research content including historical publications,
market cycle charts, and data tables in Excel format. Yes, you read that correctly,
all-you-can-eat Viewpoint research access!
•
Download graphs in PDF format, or download the underlying data to Excel or CSV. Drill into key
information from the National level to the Regional level and even further to the Local Market level.
Hover over a chart or report and
select the arrow to download
the content.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
•
A new and enjoyable user-experience. Allows ad-hoc evaluations of market-to-market and market-to-region
comparisons. Users can customize the descriptive Viewpoint market statistics as needed. Compare key
indicators across markets, regions, or property-asset types.
•
The filters in Viewpoint Online contribute to the flexibility of the research tool. Use the asset class filters to
analyze market trends and conditions across various asset class combinations that suit your needs.
By default, the dashboard shows data for the latest Viewpoint period. If a change is made to a filter
on a tab, it will propagate throughout the dashboard, allowing users to continue focus on their research
rather than having to re-apply the same filters on the all the dashboard tabs.
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VIEWPOINT ONLINE
YOUR ACCESS TO COMPREHENSIVE LOCAL MARKET
RESEARCH…NATIONALLY
More about IRR’s Viewpoint Survey
The bi-annual Viewpoint survey is completed by IRR’s local offices. Local offices go through a comprehensive
local market study before populating the survey.
IRR’s Viewpoint represents the compilation and presentation of Commercial Real Estate (CRE) rates, market
conditions, and forecast data. The rates, market conditions, and forecast data is generated via IRR’s Viewpoint
Survey. IRR’s Viewpoint Survey requests market experts consisting of Appraisers, Brokers, and Consultants,
each of whom have deep CRE expertise, to provide insights on over 60 U.S. markets. Viewpoint data is
collected across five asset classes including Multifamily, Office, Retail, Industrial, and Hospitality.
Viewpoint’s rates data (Cap Rates, Discount Rates, Reversion Rates, Vacancy Rates, etc.) reflects an expert’s
opinion based on recent market activity experienced in the past 6 months. Viewpoint forecast data represents a
12-month outlook based on current market conditions. The data in Viewpoint reflects rates data and forecasts
based on stabilized properties in the respective U.S. marketplace. Where referenced, all regional and national
averages are based on simple average calculations and are not weighted (IRR presents Vacancy Rates that are
weighted based on Inventory).
IRR’s Viewpoint Survey is conducted through a proprietary data survey tool, and all data is checked both
manually and by a specially designed computer editing procedure. While we do not present that the survey is
statistically accurate, the Viewpoint data provides, what we believe, is the best, clear-sighted insights into the
CRE marketplace.
More about Integra Realty Resources:
IRR is considered an industry leader as the largest independent commercial real estate valuation, counseling,
and advisory services firm in the United States and the Caribbean. Our team consists of the most
knowledgeable and well-respected professionals in the industry.
With IRR's in-depth research and analysis, you have access to the most comprehensive CRE data in each
major market. We have specialists with deep experience, local knowledge, and independent market insights to
help our clients understand the market forces that drive value.
Thank you in advance for your interest in our research — we look forward to reinforcing our pledge to provide
Local Expertise… Nationally.
For further details regarding any of the information contained herein, please contact [email protected].
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