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."

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.