User-Specified Financial Target in PSHIP
can now target an additional IRR for a user-specified IRR date
(1.641), type (1.643), and partner (1.644). This is useful for
manipulating IRRs on dates other than the flip, buyout, or full-term
question 1.642 allows users to specify a desired value for the
additional IRR. Based on user input in question 1.640, PSHIP can then
solve for one of the following in order to achieve the user-specified
- Tax Flip Cash Split
- Tax Flip Taxable
- Cash Split
- Taxable Income
- Total Investment
Labeling for IRRs in PSHIP
and Lease Dates Extended through 2238
can now specify custom labels for IRRs displayed in PSHIP/Summary and
the PSHIP capsule. Labels
for full-term, tax-flip, and additional IRRs are now defined in
1.617, 1.627, and 1.647, respectively.
files can now calculate cash flows extending through the year 2238.
This ABC change allows clients to structure deals that extend longer
than 100 years.