With all the changes occurring in the property management industry -- increasing pressures from competitors and increasing expectations from clients -- managers need all the help they can get to achieve a tactical advantage, and technology will play a prominent role in determining who emerges as winners. NREI hopes this list of property management software products will prove helpful as our readers gear-up to meet the challenge.
ATTACK[TM] Corporate Real Estate Management System
Description: Management information and reporting program utilizing Lotus Notes[TM] to organize, analyze, automate and distribute real estate information. Allows organizations to monitor real estate portfolios and minimize operating costs.
Property type: Office/Industrial
Hardware: PCs, UNIX, Macintosh
Memory required: Min. 8MB of RAM
Operating systems: OS/2, Windows, Novell, Unix
Programming language: Lotus Script, Lotus Notes[TM] macros, Lotus Notes[TM] API Toolkit
Modules: Corporate Lease, Real Estate, Contact, Portfolio and Loan Management
Price: $4,500 for primary/servicer license; $850 for each additional user (certified id)
Training: $1,200/day
Support: $995/year; application training, implementation support, telephone support (client customization offered)
Last revision: 1/96
Current version: Release 3.0
Number copies sold: 2,500+
Current users: Colliers International, British Airport Authority, Ashland Oil, Ciba-Geigy, Citizens Bank, Cushman & Wakefield, GE Capital, Pacificare, Pacificorp, Trammell Crow
Vendor: Attack Systems International
3675 Mt. Diablo Blvd., Suite 350
Lafayette, CA 94549
(510) 299-4180 or (800) 421-8191
Centersoft
Description: Property management and accounting product to assist real estate developers and property management companies to better manage tenant leases, tenant accounting and general accounting activities. Originally designed for ICSC.
Property type: Retail & commercial/Other rental
Hardware: PC-486, Pentium
Memory required: 640K
Operating systems: MS-DOS, Novell
Programming language: MS Professional Basic
Modules: PM, AR, AP, GL
Price: $4,795 single user, $5,795 (three-user network)
Training: On-site and classroom
Support: Phone and modem
Last revision: 12/95
Current version: 6.0
Number copies sold: 750
Current users: Owners/managers of shopping centers, office buildings, industrial parks, mobile home parks, apartments and residential
Vendor: ICA Inc.
73-160 El Paseo, Unit 6
Palm Desert, CA 92260
(619) 776-1440
Colonial Property Management
Description: Provides total information management, addressing the needs of commercial, industrial, residential and retail property managers and accountants. Built on user-friendly SQL database technology, handles virtually unlimited number of properties.
Hardware: Windows-based PCs, RS/6000, SUN, other UNIX systems
Memory required: Min. 20MB
Operating systems: Windows 3.X, Windows 95, UNIX, Novell Netware, Windows NT
Programming language: COBOL w/embedded SQL
Modules: Basic Package: GL, AP, AR, PM; Additional Modules: Tenant Services (Work Order Maintenance), Operating Expense Billing, Cash Basis Reporting, Purchase Order, Inventory, Payroll, Job Costing with Estimating
Price: Per user basis
Training: Personal training available
Support: For all versions
Last revision: 5/96
Current version: 5.4
Number copies sold: 250+
Current users: Liberty Property Realty Trust, First Industrial Realty Trust,
Vendor: Colonial Systems Inc.
670 Exton Commons
Exton, PA 19341
(410) 720-5190
Computerized Property Management
Description: Provides alternative to manual bookkeeping for property managers. Can perform numerous property management functions automatically.
Property type: Residential/Light office
Hardware: IBM and compatible
Memory required: 640K
Operating systems: DOS, Windows 3.1 and Windows 95
Programming language: Turbo Pascal
Modules: Stand-alone maintenance management also available
Price: $395-$995
Training: User workshops, on-site training
Support: Annual Telephone and Update Maintenance starting at $150/year
Last revision: 6/96
Current version: Release 6.10
Vendor: American Computer Software,
LLC, Box 6408
Madison, WI 53716
(800) 527-9449 or (608) 221-9449
The CTI Real Estate System
Description: 17 fully integrated software applications designed to meet requirements of property management, asset management and development.
Property type: Office, Retail, Industrial, Residential
Hardware: AS/400
Operating systems: OS/400
Programming language: RPG/400
Modules:AP, AR, AP MICR Interface, Commercial PM, Cross Applications, Dynamic Report Manager, Financial Reporting, Fixed Assets, GL, Integrated Image, Job Costing, Leasing Support, PC Exporter, Project Information, Screen Tutorial, System Interface, GUI
Training: On-site available
Support: On-site, Modem, Hot Line, Newsletters, User's Group
Last revision: 4/96
Current version: 5.0
Number copies sold: 65
Current users: Trammell Crow Co., Simon Property Group, Equitable Real Estate Equities, NationsBank Real Estate Services, The RREEF Funds
Vendor: CTI Limited Inc.
5400 LBJ Freeway, Suite 910
Dallas, TX 75240
(214) 776-3600
The Fischer System
Description: Designed to facilitate the corporate real estate department in the management of leased and owned property portfolio.
Hardware: 486/66 with 20MB plus data storage
Memory required: 16MB
Operating systems: Windows 3.1, Windows 95, Windows NT
Programming language: Microsoft Access and Visual Basic
Modules: AP, Benchmarking, Budgeting, Document Interface, Email, International, Strategic Planning, Transaction Management
Price: $24,500 plus modules
Training: $800/day
Support:8:30 AM to 6:00 PM CST
Last revision: 6/96
Current version: 4.5
Number copies sold: 36
Current users: CBS, GTE, ITT Hartford, Norwest Properties Inc.
Vendor: Fischer Systems Inc.
13355 Noel Road, Suite 2400
One Galleria Tower
Dallas, TX 75234
(214) 980-7115
Gold Property Management
Description: Integrated accounting and information management software for commercial, residential and retail property managers. Handles multiple entries, different periods or year-ends and simultaneous cash and accrual accounting.
Property type: Commercial, retail, residential
Hardware: PC 486 or better
Memory required: 12MB
Operating systems: Microsoft Windows NT or OS/2
Programming language: C
Modules: PM, AP, GL, Job Cost, Payroll, Executive Inquiry System, Report Designer, Inquiry Designer, ODBC
Price: From $8,500
Training: Classroom, regional & main office
Support: 6 A.M. - 5 P.M., PST
Last revision: 1/96
Current version: 3.1.2
Number copies sold: 2,700
Current users: Copley, Cushman & Wakefield, Hines, TIAA
Vendor: Timberline Software Corp.
9600 SW Nimbus Ave.
Beaverton, OR 97008
(800) 628-6583
HFA Manager
Description: Provides tools for Contract Administrators or management companies to collect, audit, transmit and receive TRACS (resident 50059s and voucher billing) data in an accurate and cost effective manner. Edit checks and compares incoming TRACS files, even those produced by other vendors' software.
Property type: Assisted housing
Hardware: System to emulate DOS operating system
Memory required: 4MB of RAM
Programming language: Clipper
Modules: Report Writer built in
Training: On-site, users group
Support: Unlimited toll-free technical support at reasonable cost
Last revision: 6/96
Current version: 3.01
Number copies sold: 70+
Vendor: A&M Software Inc.
18 Blair Park, Ste. 1000
Williston, VT 05495-0425
(800) 448-3647
Horizon/2
Description: Comprehensive, self-tailoring residential and commercial system with integrated receivables, GL, AP, job cost and payroll modules. Selection of flexibly formatted and laser enhanced reports complement complete audit trail and error checking. Accommodating central and remote-site processing, features laser check printing, lock box processing, percentage rent, pass-through billing, prospect tracking and asset management
Hardware: Server -- 486 DX; Workstation -- 386 DX
Memory required: Server -- min. 8MB, 16MB recommended
Operating systems: Server -- Novell
Netware, Windows 95; Workstation -- DOS 3.3 or later (not DOS 4.x)
Programming language: RM COBOL
Modules: GL, Commercial/Retail PM, AP, Residential PM, Job Cost
Price: Low (entry-level PM system) -- $4,900-$5,700; High (modules for 50 users + 2 remote sites) -- $38,750
Training: Classroom and on-site
Support: Telephone support
Last revision: 2/95
Number copies sold: 800+
Vendor: Execudata Inc.
6850 Canby Ave., #108
Reseda, CA 91335
(818) 343-1300 or (800) 343-0011
HUDManager
Description: Collects and stores historically, information required to produce and successfully send required data, mandated by HUD, electronically to TRACS. Produces recertification reminder notices, verification forms and other relevant reports at the touch of a key. Can sore information for many properties on one HUDManager.
Property type: Assisted housing (Section 8, 236, BMIR, etc.)
Hardware: System to emulate DOS operating system
Memory required: 4MB of RAM
Programming language: Clipper
Modules: Report Writer built in
Price: Single and multi-user available
Training: On-site, seminars, tutorial
Support: Unlimited toll-free technical support at reasonable cost
Last revision: 4/96
Current version: 6.13
Number copies sold: 5,000+
Vendor: A&M Software Inc.
18 Blair Park, Ste. 1000
Williston, VT 05495-0425
(800) 448-3647
Integrated Business Systems
Description: Provides in-house real estate computer management systems for commercial and residential real estate owners, developers and property managers. Includes hardware, customized software, training, implementation and after-installation support
Hardware: Digital MVAX and Alpha server processors
Memory required: Tailored to client portfolio
Operating systems: Open VMS
Programming language: Macro 32
Price: Starts at $35,000
Support: Unlimited telephone support as part of monthly support fees
Last revision: Continuous development
Current version: 6.1
Number copies sold: 100
Current users: Rudin Management, Douglas Elliman, Reckson Associates, Cali Realty, Jack Resnick & Sons Inc.
Vendor: Integrated Business Systems
81 Two Bridges Road
Edgewater Commons, Bldg. 1
Fairfield, NJ 07004
(201) 575-4950
LAMBS Property Management System
Description: Integrated tenant lease accounting, financial accounting, job costing and projection software automating all prorated billing, CPI, overage rents, sales and projections.
Integrates Argus, Access, Oracle, Sybase and other PC software tools.
Property type: Retail/Office
Hardware: Client -- Intel-based PC, Macintosh or Internet-enabled network computer; Backoffice -- any Windows-NT capable server or any AS/400
Memory required: Client -- 16MB; Server--64MB
Operating systems: Client -- Windows 3.1, Windows for Workgroups, Windows 95 or OS/2; Backoffice -- Windows-NT 4.0 or higher or OS/400 3.2
Programming language: Client -- Powerbuilder or Visual languages; Backoffice -- Windows NT 4.0 or higher or OS/400 3.2
Modules: AR, AP, GL, complete tenant lease accounting, projections, job cost
Price: $950 per user (includes all modules except job cost); 30 day trial period available
Training: On-site or headquarters; by the day not limit on no. of students
Support: Telephone, electronic, free user group meeting
Last revision: 2/96
Current version: V3.R1
Number copies sold: 1,250
Current users: Mall Properties, Park Tower Realty, Shroder Real Estate Associates
Vendor: Bishara Computer Systems Inc.
8440 Market St.
Youngstown, OH 44512
(330) 726-0153
Laser FMS[R] & Laser FMS Lite[R]
Description: Facilities management products provide tools to increase the productivity and efficiency of corporate real estate, accounting, finance and information services groups.
Property type: Commercial/Retail
Hardware: 486 DX2; Pentium recommended for Server
Memory required: Client -- Min. 8MB of RAM, 16MB of RAM recommended, 50MB hard disk space; Server -- Min. 16MB of RAM, 64+MB of RAM recommended, 80MB hard disk space
Price: Starting at $3,495
Training: One day
Support: Extended service agreement
Last revision: 5/96
Current version: 5.35
Current users: A.I.G., McDonnell Douglas, Warner Bros., Viacom
Vendor: Laser Application Corp.
2222 Martin St., Suite 212
Irvine, CA 92715
(800) 756-5273
Leaseworks Floor & Stacking Plan Program
Description: Data-driven occupancy plans. 8 color codes. Reads scans and external text files. Replaces CAD solutions. Print all floors in a building in one pass.
Property type: Malls, Office, Industrial/Hotel, Multifamily
Hardware: PC -- 486DX +, Pentium
Memory required: 8MB RAM, 10MB Hard Disk space
Operating systems: Windows 3.1, Windows 95, NT
Programming language: Smartware
Modules: Single module
Price: $495
Training: Learning materials provided
Support: Free call in
Last revision: 3/96
Current version: 3.0
Number copies sold: 50
Current users: Bentall Corp., Drivers Jonas, Ticor
Vendor: Landware Systems Corp.
#1608-900 W. Georgia St.
Vancouver, B.C., Canada V6C 2W6
(604) 687-4465
Leaseworks Investment Property Analysis
Description: Lease-by-lease monthly projections for budgeting, valuation and strategic analysis. Integrated Report Writer, graphics, Stack and Floor Plan modules.
Property type: Malls, Office, Industrial/Hotel, Multifamily
Hardware: PC -- 486DX +, Pentium
Memory required: 8MB RAM, 10MB hard disk space
Operating systems: Windows 3.1, Windows 95, NT
Programming language: Smartware
Modules: Optional portfolio module
Price: $2,495
Training: Learning materials provided
Support: Free call in
Last revision: 3/96
Current version: 3.0
Number copies sold: 100
Current users: Bentall Corp., Morguard Investments, Prudential
Vendor: Landware Systems Corp.
#1608-900 W. Georgia St.
Vancouver, B.C., Canada V6C 2W6
(604) 687-4465
Management + PLUS
Description: Integrates with accounting software to provide complete management tool.
Property type: Residential, subsidized, condominium, commercial
Hardware: IBM and compatible
Memory required: 640K
Operating systems: DOS, Windows 3.1 and Windows 95
Programming language: Turbo Pascal
Modules: PM, Retail Enhancement, Subsidized Enhancement, Dynamics Integrator, Remote Control; Maintenance Management also available
Price: $995-$3995
Training: User workshops, on-site training
Support: Annual Telephone and Update Maintenance starting at $195/year
Last revision: 12/95
Current version: Release 8.1
Vendor: American Computer Software LLC
Box 6498
Madison, WI 53716
(800) 527-9449 or (608) 221-9449
Newstar Asset and Portfolio Management System
Description: Decision support/business intelligence tool designed for real estate portfolio management around a comprehensive data warehouse. Access to centralized financial, property and tenant information.
Property type: All property types
Hardware: Open client server
Memory required: Min. 486/33 with 8MB RAM and 200MB hard disk
Operating systems: HP-UX10 or HP-UX9
Programming language: C, C++, SQL
Modules: Integrated Asset & Portfolio Management System, Financial Investor, Property/Tenant, Decision Support, Data Warehouse
Price: Based on no. of concurrent users
Training: On-site and classroom available
Support: Escalating levels, including maintenance and all product updates with a 7x24 hotline
Last revision: Ongoing
Current version: 1.0
Number copies sold: 9
Current users: Koll Cos., UNUM Insurance, Metropolitan Life
Vendor: Newstar Technologies Inc.
120 Commerce Valley Drive East
Thornhill, ON, Canada L3T 7R2
(888) 707-4000 or (905) 707-4000
Newstar Aurora Phoenix
Description: For property managers, developers, homebuilders and contractors, delivers maximum performance and flexibility in an open client-server environment.
Property type: All types
Hardware: Min. 486, 586, Open Client-Server
Memory required: Min. 16MB
Operating systems: UNIX, Windows 95 and 3.11, Novell, NT
Programming language: Progress version 7
Modules: Systems Admin.; Financials; Commercial Mgmt.; Residential Mgmt.;
Homebuilder; Construction
Price: Per module/per user basis
Training: On-site and classroom
Support: Escalating support levels, including maintenance and all product updates with a 7x24 hotline
Last revision: 5/96
Current version: 7
Number copies sold: 350+ customers
Current users: Colliers Macaulay Nicholls Inc., BC Rail, Co-operators Insurance
Vendor: Newstar Technologies Inc.
120 Commerce Valley Drive E.
Thornhill, ON, Canada L3T 7R2
(888) 707-4000 or (905) 707-4000
OnSite
Description: Core property management module. Functionality includes: receiveables management, leasing activity tracking, resident demographics and reporting
Property type: Multifamily
Hardware: CPU (386 required, 486 recommended)
Memory required: Min. 4MB RAM and 80mg free disk space
Operating system: DOS
Programming language: PLI
Modules: Management, Work Orders, Report Writer, Expense Controller
Price: Single copy $2,200, volume discounts apply
Training: Dallas, Atlanta and San Francisco locations; on-site also available
Support: Technical support available from 7:30 a.m.-6:30 p.m., CST.
Current version: 2.30
Number copies sold: 6,200+
Current users: Forest City Management, Real Estate Investment Partners, Horn-Barlow Cos., Coreland Donner
Vendor: Rent Roll Inc.
2395 Midway Road
Carrollton, TX 75006
(214) 250-8003
PowerSuite/StarSuite & PowerSite/StarSite
Description: Property management accounting software with reporting capabilities designed for residential and commercial property managers. Features an intuitive and user-friendly interface to help manage and market properties effectively.
Property type: Commercial/Residential
Hardware: IBM PCs or compatibles, Novell networks, IBM System/36 and AS400
Memory required: 640K
Operating systems: DOS, Windows
Programming language: Q-Basic, Clipper
Modules: GL, AP, PowerCheck, Budget Control Ledger, PowerProof, PowerSpace, Request4Service, PowerCentral, PowerPast, Q&E, PowerBoard, PowerTools
Price: Varies
Training: Personalized training; custom Installation Task Plan; frequent training seminars
Support: Toll-free access; choice of support plans; summary of commonly asked questions published periodically
Current version: PowerSite - 6.1; AP & GL - 7.5; BCL - 2.0
Number copies sold: Approximately 2,500
Current users: Camco, Merry Land Investment Co. Inc.
Vendor: Geac Commercial Systems Inc./AMSI
14140 Midway Road, Ste. 105
Dallas, TX 75244
(800) 436-7732
Property Manager[R]
Description: Manages residential, commercial and retail properties. Handles unlimited properties, owners, units and tenants. Includes GL, cash/accrual accounting, trust accounts, work orders and maintenance tracking.
Property type: Residential & Commercial
Hardware: 486 or Pentium
Memory required: 4MB RAM
Operating systems: Windows 3.1, 3.11 or Windows 95
Programming language: Fox Pro for Windows
Modules: All inclusive
Price: From $1,895 for single user
Training: On- or off-site
Support: 120 days free upon purchase, optional annual fee thereafter
Last revision: 5/96
Current version: 2.5
Number copies sold: 1,300
Vendor: Comtronic Systems Inc.
205 N. Harris Ave.
Cle Elum, WA 98922
(509) 674-7000
ProWriter[R]
Description: For property marketing and management personnel, improves quality of tenant proposals while reducing response time and production cost.
Hardware: 486 or higher with 20 MB of free disk space
Memory required: Min. 8MB, 12 recommended
Operating systems: Windows 3.1, Windows for Workgroups or Windows 95
Price: Buildings under 100,000 RSF - $6,500; buildings over 250,000 RSF - $10,000; $8,000 all others
Training: None required
Support: Custom setup by ASG, telephone support after installation
Last revision: Customized for each installation
Current version: 1.1
Number copies sold: New - 6 copies sold in first 90 days
Vendor: Advanced Strategies Group
15835 Park Ten Place, Ste. #106
Houston, TX 77084
(713) 578-2226
Realwise Property Management
Description: Fully integrated property management system for all property types. Lease Tracking, Variable Billings, On Line Bank Reconciliations, CAM Reconciliation and Full Tenant History are all standard features.
Property type: Individual and integrated modules for Shopping Center/Retail, Corporate Real Estate, Multifamily Residential, Office and Industrial
Hardware: PC-based, Single Site and Network versions
Memory required: DOS - 520K Conventional, 4MB RAM optimum; Windows - 8MB min., 12-16MB optimum
Operating systems: DOS 3.3 and above, Windows 3.x, Windows 95 (4Q/96)
Programming language: C/Clipper (DOS), Visual Basic (Windows)
Modules: Commercial & Residential PM; Lease Abstract; Budgeting; GL; AP; Asset Management; Payroll; Work Order/Maintenance; Utility Billing
Price: Realwise "PLUS" for low volume users from $1,895; Realwise "Premium" Series single license from $4,800.
Training: On-site available
Support: 800 phone and remote dial in; on-site available on contract
Last revision: 3/96
Current version: 5.0 (DOS), Windows (1.0)
Number copies sold: 2,500
Vendor: AVM Technologies
26074 Avenue Hall, Ste. 15
Valencia, CA 91355
(800) 884-9399
REMS Property Manager 500
Description: Complete accounting and information management system for up-to-date information on tenants, vendors, owners and properties.
Property type: Multifamily, residential
Hardware: DOS - 512K RAM (min. 325K of user RAM), 2.5MB free disk space; Windows - VGA or compatible, mouse, 3.5 MB free disk space
Operating systems: DOS 5.0 or higher, Windows 3.x, Windows 95
Programming language: C++
Price: Start at $795
Training: Available
Support: 30 days free support, programs available for purchase thereafter
Last revision: Windows 3.x - 7/95; Windows 95 - 7/96; DOS - 1/94
Current version: 4.0
Number copies sold: 10,000+
Current users: 1990 Westwood Investments, Boggs Realty Co.
Vendor: Outlook Software Corp.
13800 Mortfort Drive, Ste. 100
Dallas, TX 75240
(800) 925-5700
RentRoll
Description: Accounts receivable and resident information data base system including receivables management, resident information, invoice, budget and expense tracking, work orders, purchase orders, unit status and traffic reports. Integrates with many different accounting packages.
Property type: Multifamily
Hardware: CPU (386 required, 486 recommended)
Memory required: Min. 4MB RAM and 80mg free disk space
Operating system: DOS
Programming language: Clipper
Modules: Includes purchase orders, work orders and budgeting
Price: Single copy $2,200, volume discounts apply
Training: Dallas, Atlanta and San Francisco locations; on-site also available
Support: Technical support available from 7:30 a.m.-6:30 p.m., CST.
Last revision: 6/96
Current version: RR96
Number copies sold: 6,000+
Current users: Forest City Management, Real Estate Investment Partners, Horn-Barlow Cos., Coreland Donner, Isle Systems
Vendor: Rent Roll Inc.
2395 Midway Road
Carrollton, TX 75006
(214) 250-8003
SitePro
Description: Designed fro resident managers, monitors leasing activity, tracks demographics, generates monthly accounting reports and automatically transmits information to home office.
Property type: Residential
Hardware: PC 486 or better
Memory required: 540K
Operating systems: DOS
Programming language: C
Price: $1,290
Training: Teleclasses, classroom
Support: 6 A.M.-5 P.M., PST
Last revision: 4/96
Current version: 3.2
Number copies sold: 600
Current users: Amurcon, Case & Associates, Capital Properties, Lawson, Related Management, Sentinel Real Estate
Vendor: Timberline Software Corp.
9600 SW Nimbus Ave.
Beaverton, OR 97008
(800) 628-6583
Skyline[TM] for Windows
Description: Commercial, retail, industrial and residential property management software, enhances decision making, improves tenant satisfaction, increases marketing effectiveness.
Property type: Commercial, Retail, Residential, Industrial
Hardware: Client - 486/50; Server - Pentium
Memory required: 20mg
Operating systems: Windows 95, Windows NT
Programming language: Microsoft visual C++
Modules: Tenant & Lease Registry, GL, AP, Billing, AR, Budgeting, Report Manager
Training: Classroom/on-site
Support: Full consulting support, telephone support
Current version: 1.0
Vendor: Quantra Corp.
707 Skokie Blvd.
Northbrook, IL 60062
(847) 291-4000
spEDI*tran
Hardware: PC/Windows, UNIX systems
Memory required: 4MB
Operating systems: DOS, Windows, UNIX
Programming language: C
Modules: spEDI*map - Windows mapping; spEDI*exec - scheduling
Price: Depends on make & model
Training: On-site or at SPS offices
Support:Hotline & 7x24
Last revision: 10/95
Current version: 4.0
Current users: Fleet Mortgage, Waterfield Mort., PHHUS Mortg., Equifax
Vendor: St. Paul Software Inc.
1450 Energy Park Drive
St. Paul, MN 55108
(612) 603-4400
The System[R] for Property and Asset Management Control
Description:Fully integrated, comprehensive property/asset management software solutions. Includes database tailoring tools, executive query and reporting capabilities, flexible interface to third-party software and advanced user interfaces.
Property type: Commercial, Retail and Residential
Hardware: 486 or Pentium, min. 100MB hard disk storage
Memory required: Min. 8MB RAM for Windows installations
Operating systems: MS DOS; Microsoft Windows compatible
Programming language: Microsoft Assembler, Compiled Basic; Visual Basic and Visual C++ for new development
Modules: Commercial, Retail & Residential PM; Treasury and Asset Management; Lockbox Interface; AP with Advanced Laser MICR Check Writing; Purchase Order; GL/Advanced Financial Reporting; Lease-Level Budgeting; Work Order Maintenance; Facility Manager; HUD/TRACS Reporting; Traffic Reporting; Residential Utility Billing; General Purpose Report Writer; Distributive Processing; User Security; Third-Party Software Interfaces
Price: From $2,950; single user, local area network and multi-site distributed database configurations available
Training: Personalized implementation and training services available with flexible on-site, regional and classroom
Support: Toll-free hotline, modem, bulletin board system
Last revision: 3/96
Current version: 3.4.5
Number copies sold: 4,000+
Current users: CB Commercial Real Estate Group, Equitable Real Estate Investment Management, Jones Lang Wootton Realty Advisors, LaSalle Partners Ltd., State Teachers Retirement System of Ohio, USF&G Real Estate
Vendor: Management Reports Inc.
23945 Mercantile Road
Cleveland, OH 44122
(800) 321-8770 or (216) 464-3225
Tenant Pro for Windows
Description: Contains full GL, AR, AP, check writing, word processing, prints leases, work orders & budgeting. Instantly tracks vital information on tenants, owners, units, vendors & properties
Hardware: 386 or higher
Memory required: 4MB
Operating systems: Windows 3.1
Programming language: C
Modules: All inclusive
Price: $395-$2,195, depending on no. units and network options
Training: Video and on-site
Support: Unlimted phone support free to all registered users
Last revision: 1/95
Current version: 4.6
Number copies sold: 3,000
Vendor: Property Automation Software Corp.
1100 Centennial Blvd., Suite 230
Richardson, TX 75081
(800) 964-2792
TrackPro[R] Manager
Description:Comprehensive compliance monitoring product for owners/managers. May submit compliance data to state monitoring agency via modem/disk. Home office oversight with Satellite Processing module.
Property type: Section 42 LIHTC properties
Hardware: 286 or higher processor; 8MB hard drive storage (varies based on property size); color monitor
Memory required: DOS - 1MB of RAM; Windows - 4MB of RAM
Operating systems: DOS
Programming language: Clarion
Modules: TrackPro Manager, TrackPro Manager Limited (40 units or less), Satellite Processing
Price: From $295
Training: Users manual provided, initial 30 days telephone support free. Optional agreement includes toll-free telephone support. On-site training also available.
Support: Optional agreement includes software enhancements, regulatory updates and one hour/month toll-free telephone.
Last revision: 5/96
Current version: 2.5E
Current users: Heartland Properties, Connecticut Housing Finance Authority, Mississippi Home Corp.
Vendor: Heartland Properties Inc.
309 W. Washington Ave., Ste. 345
Madison, WI 53703
(800) 742-5442
WinStack
Description: Generates vertical stacking plans for mid-/high-rise office buildings color-coding tenant activity. Data can be imported from financial projection and property management systems.
Property type: Mid-/high-rise office
Hardware: IBM 486+ or compatible
Memory required: 8mg
Operating systems: Windows 3.1, Windows for Workgroup 3.11, Windows 95, Novell compatible LANs
Programming language: C++
Price: 1-10 $650/each, 11-25 $600/each, 26-50 $575/each
Training: $1,250/day+expenses
Support: Included for 60 days. Extended support plan of $125-$175/copy/year
Last revision: 5/96
Current version: 1.22
Number copies sold: 125+ customers
Current users: Tishman Speyer Properties, Fults Realty
Vendor: Real Pro-Jections Inc.
2945 Harding St., Ste. 211
Carlsbad, CA 92008
(800) 744-5077
Yardi Advantage/Asset Management/Professional
Description: Design, development and support of property management and asset management software, including Yardi ADVANTAGE[R] and Yardi PROFESSIONAL[R] for Windows[R].
Property type: Commercial, residential
Hardware: 486 DX 50 MHZ CPU
Memory required: 16MB
Operating systems: Windows 3.11
Programming language: Visual Basic
Modules: Maintenance, Commercial, Job Cost
Price: $10,000+
Training: $1,000/day
Support: 15% of retail annually
Last revision: 12/94
Current version: 1.0
Number copies sold: 2,000
Vendor: Yardi Systems Inc.
819 Reddich St.
Santa Barbara, CA 93103
(800) 866-1144