Asset detail
Capitol View Plaza
880 Capitol View Blvd, Austin, TX 78701|Fund PFF | Office (Class A CBD)|AM: Riley Chen — AM (mock)
At risk
Operating
GAV
$612.4M
Governed
Valuation (v1.3)as of 2026-03-31
Occupancy
91.0%
Governed
Rent Roll (v1.2)as of 2026-03-31
Leased / NRA
545,000 SF
of 600,000 SF
Governed
Rent Rollas of 2026-03-31
ABR
$55.3M
Governed
Rent Rollas of 2026-03-31
WALT
4.9 yrs
Definition caveat
Lease Expirationas of 2026-03-31
NOI TTM
$31.2M
Governed
Budget vs Actual (v2.1)as of 2026-03-31
NOI vs Budget
-6.0%
Governed
Budget vs Actualas of 2026-03-31
Business object context
Lifecycle statusOperating
FundPFF
MarketAustin, United States
Property typeOffice
SubtypeClass A CBD
Asset manager(s)Riley Chen — AM (mock)
DSCR / LTV1.48x | 58.0%
% ABR expiring 24mo19.0%
Watchlist reason
Rollover concentration: $24.3M ABR (44% of asset ABR) expires 2029+; mass-renewal negotiation with Frontline Communications Group in progress.
AI variance summary
Composing summary from your commentary...
Generated by anthropic/claude-haiku-4-5 via Vercel AI Gateway. Numbers echo the variance bridge below; prose follows this session's commentary. Refuses if the bridge or commentary is missing.
Month vs Budget
Actual$2.5M
Plan$2.7M
Variance-$160.0K
YTD vs Plan
Actual$7.6M
Plan$8.0M
Variance-$400.0K
FY reforecast impact
FY impact-$1.9M
Fund NAV
-3 bps
FY drivers (top 3 by absolute $)
Frontline Communications mass-renewal TI + commissions
84,200 SF + 67,900 SF rolling 2029-04-30; full-year TI burn estimate per leasing pipeline.
2029 cohort backfill marketing + broker fees
Backfill broker tour scheduled 2026-04-29; pre-payment plus marketing spend.
Property tax appeal contingency
Reassessment headroom for 2027 appeal; engagement letter pending PM sign-off.
Rent roll table is a follow-on Carbon port. See docs/migration/SAGE_TO_AMOS_DEMO_IMPORT_PLAN.md.
Capex tracker is a follow-on Carbon port.
Action plan is a follow-on Carbon port. Lifts the localStorage-backed action store from lib/actions-store.ts.