GPARENCY, a commercial mortgage broker that moved its business from a traditional go-between to connect borrowers and lenders to a membership mechanism with flat-fee pricing in 2022 and in February 2023 offered credits toward site membership "in exchange for property data submitted to the Digital Marketplace directory, including new listings, updates, and corrections," has added a new feature for limited partners in funds.
LPs, the company said in a prepared statement, tend to rely on spreadsheets to manage their portfolios, "which often leads to disorganized records and a lack of critical insights." The company claims the new feature provides "an intuitive, user-friendly platform to keep track of their returns and investments efficiently."
"Through this new feature, users can easily create a digital ledger, enabling them to organize and access their investment data seamlessly," the firm added. "Additionally, the dashboard provides real-time alerts for missing payments and discrepancies, ensuring that LPs stay on top of their financials."
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