Be vaporwar-y: What is Frankenstein software?
Vaporware, Frankenstein, Whac-A-Mole – Three reasons why you should always do your due diligence before investing in commercial real estate asset management software. When choosing commercial real estate software, beware of Frankenstein You’ve heard about vaporware – software that is pitched as a completed platform, but is still missing critical components or is in a nascent […]
Faster, accurate, insightful real estate reporting
“Pereview gives us faster and better insight into our portfolio. With their robust reporting capabilities and customizable integrations across all of our data sources, we’re able to further enhance our real estate investment and asset management prowess and continue to focus on creating value for our investors.” – Marcus Duley, Senior VP of Portfolio Management […]
Why do headcount & AUM have to be linked?
For many real estate investment management firms, an increase in Assets Under Management (AUM) usually leads to an increase in headcount. Why is that – and what can be done about it? I spoke recently with the head of asset management for a firm in San Francisco that manages five open-ended core plus and value-add, […]
Why is underwriting such a critical stage within the Life of the Asset®?
Bad underwriting data poisons every subsequent stage in the life of a commercial real estate asset. Here’s how underwriting data gets dirty and what Pereview Software can do to identify and correct it. Underwriting in the Asset Lifecycle Of the seven stages in the lifecycle of a real estate asset, none is more critical than underwriting. But […]
Why does real estate reporting suck?
Real estate reporting should be simple and streamlined and provide transparency for investors. But for most commercial real estate firms, reporting is complicated, tedious, and opaque. In short, real estate reporting sucks. Why? “While other industries have leveraged technology to automate routine tasks, real estate has lagged behind,” says Derek Thornhill, vice president of the real […]
Be vaporwar-y: What are the business costs of vaporware for commercial real estate asset managers?
There are a multitude of risks – professional and personal – that come from investing in a software solution that’s more marketing hype than tangible deliverable. Let’s examine the business costs of vaporware for commercial real estate asset managers. What is vaporware? Are you familiar with vaporware? Vaporware is sort of a software bait-and-switch; it’s […]
