PRNewswire — Pennybacker Capital has selected Pereview Software™ to power their real estate investment management software platform. Pereview Software is an enterprise-scale, cloud-based platform that will provide Pennybacker with increased efficiency, reduced operational and reputational risk, and improved investor transparency and reporting.
Pereview will consolidate key investment data and documents across the Life of the Asset, including Acquisitions, Underwriting, Financing, Closing, Asset Management, Fund Management, Investment Management, and Dispositions.
“We performed an exhaustive survey of the real estate technology market, and Pereview’s breadth of scope and its focus on the real estate industry vertical made it the right decision for us,” said Michael O’Malley, president and CFO of Pennybacker Capital. “Pennybacker will leverage the power of the Pereview platform to differentiate ourselves in the real estate investment space. We are excited about our partnership with Pereview.”
Pereview Software’s founder and CEO Jeff Wilson added, “We are excited to be working with Pennybacker. I love the way the team at Pennybacker thinks about how to use technology to make their team more competitive. They are an aggressive and forward-thinking investment firm with a great track record of success. We look forward to supporting their future growth and performance.”
Pereview Software launched in 2015 and is the only cloud-based real estate investment software that covers the entire Life of the Asset. The software was developed by Saxony Partners, a Dallas-based company offering strategic advisory services, business process optimization, and technology solutions for real estate and financial services organizations.
About Pereview Software™:
Pereview Software is a cloud-based platform built specifically for the real estate investment professional that enables firms to increase operational efficiency, reduce reputational risk, and automate core manual processes. Pereview is the only software solution that covers the Life of the Asset, including acquisitions, underwriting, financing, closing, asset management, fund management, and dispositions. Learn more at www.pereviewsoftware.com.
About Pennybacker Capital:
Pennybacker Capital is an Austin-based real estate private equity firm. Pennybacker Capital opportunistically invests in all asset classes through both equity and debt structures in sustainable U.S. growth markets. Pennybacker Capital executes a thematic investment approach targeting mismanaged, miscapitalized, or other situationally distressed investment opportunities that are complex, off-market, and/or undervalued.