Tech Connections: Efficiency in Tracking Real Estate Investments

What’s the best way to track the myriad of activities associated with real estate assets and fund investment? Best-of-breed systems for investment management and accounting have been a preferred approach for a long time. Today, however, many investment managers are replacing their patchwork of disparate software systems in favour of a single technology platform. This is because it automates investment accounting, performance measurement and all other elements of real estate investment.

One Solution to Replace Many

By housing all property, investment and accounting data in a single connected platform, such systems make information crucial to investment decisions readily available to investment management firms and their investors.

With immediate access to data without the need for intersystem interfaces, or often unreliable spreadsheets, it’s easy for investment managers, investor relations staff and others to evaluate options for acquiring, maintaining or selling assets. They can also identify prospective deals that are most likely to maximise returns on investment, centralise communication with investors through a secure portal as well as automate capital call and distribution notices.

With all deal management, CRM and investment management information available in one place, investment managers can efficiently execute underwriting for acquisitions and analyse market conditions against appropriate benchmarks.

Spanning the Investment Lifecycle

An integrated technology platform’s utility extends beyond the acquisition phase to the entirety of an asset’s investment lifecycle, with continuous tracking of asset value and income generation data from such day-to-day operational aspects as maintenance, construction, rental income, leasing, marketing, capital improvements and energy consumption.

Today’s investors want to see not only distributions and asset valuations but also what’s driving those numbers. Integrating property, investment, deal management and accounting functionality within a single connected technology platform makes that possible by helping investment managers uncover profitable opportunities, track deals in progress, communicate with investors and understand key investor, fund and portfolio metrics with the least amount of manual effort.

Want to learn how to give investment managers and investors clarity into their holdings, identify risks and provide full transparency from an investor to asset operations? Check out the Yardi investor portal.