How to change the discount (NPV) rate for the Concessions Impact

The discount rate used for the Concessions Impact is found on the Inputs sheet in the input section Other Factors & Unit Metrics. The default is the same discount rate as used for the NPV calculations.

Why change the discount rate for concessions? Since the concession impact represents what the rent would be if there were no concessions, e.g. no free rent, no landlord paid construction costs, the discount rate is a guess/approximation of the landlord’s cost of money. The landlord’s cost of money may be different than the tenant’s cost of money, i.e. the tenant’s discount rate.

Applies To:

	Silver Series		Gold Series		Specialty Programs
ü	LseMod Tenant Rep	ü	LseMod Pro		LseMod Condo
ü	LseMod Industrial		LseMod Purchase		LseMod Commission
ü	LseMod Landlord		LseMod Sale Leaseback		SpacePro
	LseMod Buy
ü	LseMod Sublease
ü	LseMod Retail
ü	LseMod Economic Development