PAM® for Real Estate
Real Property Asset Management & Accounting System
PAM® for Real Estate (PAMre ™) is a state-of-the-art real property asset management and accounting system developed specifically for institutional investors with real estate assets. PAMre ™ tracks the entire range of financial information such as income, expenses, and market values to provide accurate valuations for all your real estate holdings.
The system posts transactions and generates reports on any of five different accounting bases - STAT, GAAP, Tax, Management, and a user-defined fifth accounting basis. PAMre ™ also interfaces to external general ledger systems. Your Benefits
- General: Displays general information describing the real property asset, including name, address, construction type, and acquisition category.
- Investors: Automatically calculates percent of ownership for multiple investors participating in each real estate holding.
- Management: Maintains details on the current property managers such as contract terms, fees, and more. Also maintains a complete history of all prior property managers, both internal and external.
- Appraisals: Tracks complete appraisal information for current and prior appraisals. Land value, market value, income value, and appraiser information is maintained for every appraisal.
- Requirements: Provides information for managing budgets, inspections, and operating statements.
- Accounting: Displays current balances and cumulative income and expenses for each accounting basis.
- Tenant: Maintains a complete history of tenants and their leases.
- Picture: Displays on-screen pictures of each real estate asset.
Features
- Tracks income, expenses, costs, and market values of real estate investments
- Automatically calculates percent of ownership for each investor
- Provides a complete history of property managers, appraisals, tenants, and leases
- Tracks data in five independent accounting bases
- Develops monthly, quarterly, or annual budgets for any real property asset
- Incorporates digital images of your real estate assets
- Electronically posts from external systems to create appropriate accounting transactions
- Written in C++, using the latest tools for rapid development and maintenance
- Open Database Connectivity (ODBC)-compliant
- Runs on the Microsoft Windows operating system
- Fully supported by Princeton Financial Systems - a recognized leader in client/server investment systems
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