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Lessee Tool Launched by Software Company

SUNNYVALE, CA-Lease Cost Solutions, in a joint venture with Personable.com, a Los Angeles-based application service provider, has launched LseMod Version 7.1, a commercial real estate financial analysis tool.

By Michelle Savage | Updated on September 20, 2001

SUNNYVALE, CA-A Sunnyvale-based software development firm has launched a new web based product that will allow commercial real estate tenants to compare multiple properties, sublease and occupancy scenarios online.

Lease Cost Solutions, in a joint venture with Personable.com, a Los Angeles-based application service provider, has launched LseMod Version 7.1, a commercial real estate financial analysis tool. The company believes that the product represents a breakthrough analysis tool that will significantly alter commercial deals.

In addition to offering a comparison of real estate options, LseMod features customized templates, standard reports and graphs, including before and after tax cash flow, NPV, capital budgets and a CFO summary.

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