Managing Investments: Connecting Operations in One Platform Leads to Success

You might be hearing a lot about the benefits of connecting the accounting, operations and investor relations within real estate organisations in a single technology platform. It’s natural to wonder what the appeal of this approach is. The single connected platform strategy stems from a growing realisation among investors and investment managers of the deficiencies of spreadsheets, inefficient communications and other outdated tools. Entering data into multiple spreadsheets and relying on disparate investment, investor and accounting systems can be inefficient and error-prone for investment managers.

For their part, investors increasingly expect on-demand service and self-service access to key metrics, capital transactions, documents and reports. Technology that facilitates these operations has become widely available to investment manager service providers over the past several years. It improves collaboration among investment participants and increasing investor confidence.

Single Platform for Investors

A single connected platform centralises investment managers’ communications with existing and prospective investors. It also automates the management of capital call and distribution notices and improves collaboration on investment opportunities.

Such a platform also improves efficiency for internal stakeholders. Executives needing a report can self-serve from the centralised database without asking accounting. Also, investor relations has full access to investor information readily available from the platform.

An added benefit is a higher level of investor confidence from the online delivery of timely, responsive data. Investors can view property-level metrics and investment managers can communicate new investment opportunity information through a secure portal rather than email.

Yardi Investment Manager is one example of how a technology platform can unite real estate investment activity. It provides a single source of truth for investor and investment information that eliminates the need for disparate systems and manual data transfers. And investment managers are empowered to give their investors timely access to portfolio and property metrics.

Investment Manager also automates the subscription agreement process, making it easier to publish reports and other documents through an online branded portal.

Yardi Investment Manager Client Stories

“We’re a regional company, but one of our goals is to grow, not just for the sake of growth but to grow in a smart way. Our reputation has expanded over the last few years to where a lot of investment managers are bringing their clients to us. The Yardi Investment Suite transformed our ability to deliver outstanding service to our investors and grow our business.”

Joe Anfuso, CFO for MG Properties Group, a San Diego-based apartment community developer, rehabilitator and manager

“The real-time access to data and improved quality of data gives me more time to implement projects and improve operations. We can also manage portfolio growth without adding staff, so there are efficiencies on several levels. I’m a lot more self-sufficient with Investment Manager. I was probably the bane of my Controller’s existence with constant requests previously. But now, I can log in to the system, and generally, I can see anything I need.”

Scott McGinness, principal and CFO for Cohen Asset Management Inc, a Los Angeles-based private real estate investment firm

Learn how Yardi Investment Manager can help improve collaboration among real estate investment stakeholders.