Be vaporwar-y: How to spot vaporware or inadequate commercial real estate software
If your firm is in the market for commercial real estate asset management software, then you should beware of vaporware. Vaporware is software that’s marketed as a finished product, but in reality exists only on paper or in an incomplete beta state. Investing in vaporware can have significant negative repercussions when the software you’ve purchased […]
Escape from Excel hell
“Every man has his breaking point.” – Ellis Boyd ‘Red’ Redding, The Shawshank Redemption We at Pereview believe the same as many of you believe – Excel is the world’s best modeling software, but also the world’s worst database. Previously, we’ve addressed the reputational and operational risks of real estate investment managers using Excel, but […]
How Pereview drives efficiency for asset management
Pereview is the only Life of the Asset® software platform supporting both debt and equity for the commercial real estate investment management industry. What do we mean by that? And how does Pereview impact each stage of the real estate asset lifecycle? In previous weeks, we’ve examined the acquisition, underwriting, financing and closing stages. This week, we focus on asset […]
Need advanced analytics? Start by getting all your data in one place.
For many real estate investment management firms, performing any type of analytics (basic or advanced) is difficult – if not impossible. Why? Because the data is usually siloed at the property level, with the operating partner, or in numerous Excel spreadsheets. Questions about data – historical, present, and future – can take days or weeks to answer. And that’s only after a handful of high-salaried resources waste their valuable time hunting for it. Advanced Excel plugins, generic BI products, outsourced consultants, hiring certain […]