Weighted average lease term (WALT)
calc_waltWeighted average remaining lease term in years, weighted by area or annual rent, as of a date. Deterministic: use this instead of doing the math yourself; cite formula calc.walt@1 and the returned steps, and surface any warnings.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| as_of | Yes | Date to measure remaining term from, YYYY-MM-DD. | |
| leases | Yes | Leases in the portfolio or building. | |
| weight_by | No | Weight each lease by area_sf or annual_rent. | area |