It’s important to properly document your site’s most important stages of growth. Measurabl’s lifecycle event feature allows you to record the period of initial construction, its appraised fair market value, periods of major renovation, and buy/sell dates. Here’s how:
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HOW TO CREATE LIFECYCLE EVENTS
- Click the “Data” tab.
- Navigate to your site.
- Click the “Profile” tab.
- Scroll down to the “Lifecycle Events” section and click “+ Add Event”.
- Choose the desired event and enter the correct information. Start dates are always required but end dates and GAVs are optional.
- Click “Save”, and watch your site’s profile fill out!
What if my site is still under initial construction?
No problem! Input the start date for initial construction and simply leave the end date blank, then click “Save”. The site will be tagged as “Under Initial Construction” on your site’s dashboard. If you haven’t already uploaded this site into Measurabl, you can add sites manually and repeat the same process.
What if my site isn’t operational, but is under major renovation?
Input the start date for the major renovation and leave the end date blank, then click “Save”. The site will be tagged as “Under Major Renovation” on your site’s dashboard.
What’s the difference between initial construction and major renovation?
Major renovation includes renewals or restorations to an already existing site, while initial construction refers to the development of a site that was previously nonexistent. In either case, you may leave the end date of the event blank to indicate that construction is ongoing; this will be reflected on that site’s dashboard.
Do I have to add all lifecycle events for my site?
No, you can add as much or as little as you would like. For GRESB reporters, make sure to add events that affect the reporting year.
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