Release Summary:

• New Capital Project Planning Section
• Recurring Charges Added to the Platform
• Resizable Comment Pane

Capital Projects:

Capital Projects is a new section under Planning, where users can input/update capital projects, and create long-term capital plans all within Waypoint.

Capital Projects Tab:

• Under the Capital Projects tab, users can input/update capital projects.  These projects can be viewed across any subset of filtered properties and are groupable by all of the non-currency fields in the input form.

• Before entering projects, clicking the gear icon will allow you to create your own list of project Categories, Subcategories, Priorities, and Statuses.  The items added will be available to all users in your organization.

• Projects are added or edited via a form that has predefined fields, only two of which are required to create a project (Property and Project Name).  

• Once the project timing has been entered, users can input budget data on a monthly basis.  If you are not looking for that level of granularity, you can enter a project total in a single month within the range.  Only months within the selected range will be editable.

• When saved, a project will show up in the project table.  There are total columns for both Budgets and Actuals that sum up the monthly amounts entered in the input form.  Users can see those monthly breakdowns in the main table by expanding the project row.

Capital Plan Tab

• The Capital Plan tab is where you can organize the capital data your team has entered into a year-over-year budget. 
• Use the Date Range Picker to update the number of years to include in your plan.  
• The plan can be viewed for a whole portfolio or a single property and can be grouped by property or category.  
• Currently, the plan only pulls in the budget.

Recurring Charges:

In the leasing sections, Waypoint used to only show base rent.  We are now showing all active charges in the Performance Overview and Rent Roll.  Charges are grouped into four distinct categories:

1. Rent
2. CAM
3. Taxes & Insurance
4. Other

If you see any charges that need to be moved from one category to another please reach out to support@waypointbuilding.com.

Key Features:

• Charges are filterable
• Charges can be viewed at the unit, property, and portfolio level
• Exports can either include or exclude charge details*

Rent Roll Specific Changes:

• The entire Rent Roll Dashboard can now be filtered by charge.  When a charge or group of charges is selected, the Total Charge Amounts update across the dashboard.
• A Charge Summary Chart and Table have been added to the Rent Roll and can be toggled on or off by clicking the Chart Icon.  These features display the summary of charges for all properties that are selected in the global filter/all charges selected (all charges are selected by default)
  • The chart shows the charge breakdown by charge category
  • The table provides a more detailed breakdown, is exportable, and can be grouped by category.
• The Annual and Monthly In-Place Base Rent columns have been replaced by a column set that represents the total charges (for the charges selected).  
• In the Rent Roll table, each unit can now be expanded to view the charges that make up the total charges for that unit.  These "detail" tables are also subject to the charge filter at the top of the dashboard.
  • The charge detail can be exported when viewing the rent roll for a single property.

Performance Overview Specific Changes:

• The entire Performance Overview Dashboard can now be filtered by charge.  When a charge or group of charges is selected, the Total Charge Amounts update across the dashboard.
• A selection banner was added to the top of the dashboard.  This is where you can toggle between viewing by property or attribute, select charges, and toggle the KPI Chart on and off.
• The Annual and Monthly In-Place Base Rent columns have been replaced by a series of column sets that representthe total charges (for the charges selected). 
• In the main table that shows leasing KPIs by property, users can now expand the property row to view a charge summary for that property.  The charge "detail" tables are also subject to the charge filter at the top of the dashboard.
  • Users have two options when exporting this table
    • Summary - single line per selected property
    • w/ Charges - single line per property with nested charge tables for each selected property

Resizable Comment Pane:

The comment pane is now resizable in all locations where commenting is enabled (currently the Income Statement and Balance Sheet when reviewing a single property)