LEM Capital selects Pereview as their commercial real estate software solution
PHILADELPHIA, July 24, 2019 /PRNewswire-PRWeb/ -- LEM Capital, L.P., a real estate private equity firm based in Philadelphia, has chosen Pereview Software by Saxony Partners as the commercial real estate software solution to support their growing multifamily portfolio.
LEM Capital has a 17-year track record focused on protecting investors capital and building portfolios with the goal of delivering dependable current cash flow and equity upside through all economic cycles. Since 2002, LEM has raised over $1 billion in investor commitments and invested over $7.3 billion in real estate, including acquiring over 20,000 multifamily units since 2011.
"Creating a centralized repository of all of our data combined with a strong data analytics platform will give us faster and better insight into our portfolio and help us drive value for our investors" said Marcus Duley, LEM's Director of Portfolio Management.
Pereview Software by Saxony Partners is the only commercial real estate software solution that covers the Life of the Asset™, from acquisition to disposition. The fastest-growing firm in this space, Pereview allows companies to integrate their existing data (including data stored in Excel) into one secure, cloud-based system, establishing a single source of truth and providing a platform for dynamic reporting. As a result, Pereview clients grow assets under management (AUM) without adding headcount, and without spending hundreds of hours on repeatable, regular reporting.
"One of the reasons we selected Pereview is because it was created by real estate professionals specifically for real estate fund managers like LEM," Duley said. "With Pereview's robust reporting capabilities and customizable integration across all of our data, we will be able to further enhance our real estate investment and asset management prowess and continue to focus on creating value for our investors."
Bo Hamrick, Pereview's Business Development Executive for the East Coast, agrees that the software platform's unique ability to corral data from the property level to investor level – while connecting to LEM's proprietary models – will serve the firm.
"We are excited to be partnering with LEM and providing the foundational software platform they need to grow and do amazing things," Hamrick said. "We know that the benefits of having all of your data in one place, automating reporting, and breaking down silos, and we are very happy to bring these capabilities to the LEM team."
SOURCE Pereview by Saxony Partners