Distribution check
rebuilds each distribution waterfall from the partnership's terms and flags any gap with the fund accountant's version.
Roles
Asset Manager
a real estate professional who represents property owners and investors, overseeing returns, capital accounts, acquisitions and dispositions
Your job, minus the screen work
You work for capital. The property manager runs the building; you decide what it is for, what it is worth, and when to refinance or sell. Between deals, your week fills with checking other people's spreadsheets.
Where your week goes
- Rebuilding the waterfall workbook for each distribution
- Tying the investor register to the ledger at quarter-end
- Spot-checking management fees on the properties that look off
- Assembling lender and covenant reports from owner packages
- Answering investor data requests one email at a time
What an agent takes over
Capital account roll-forward
rolls every partner's capital forward to the cent and ties the total to equity in the ledger.
Management fee review
recomputes the fee, construction fees, payroll reimbursements and leasing commissions from the agreement.
Covenant and lender reports
drafts them from the same tables, and stops a distribution when a loan covenant trips.
What stays with you
Hold, sell and refinance decisions
Underwriting judgment on acquisitions
Approving every distribution and capital call
Investor relationships and fee negotiations
Apps you already juggle
Your property platform, Excel, Outlook, SharePoint, BI dashboards, the owner portal and Teams.
- property platform
- Excel
- Outlook
- SharePoint
- BI dashboards
- owner portal
- Teams
A week, before and after
Before
- Rebuild the waterfall and hope the ranges cover every partner
- Spot-check fees and miss the ones that look fine
- Squeeze deal work into the gaps
After
- Review each distribution with an independent recalculation beside it
- Read one fee exception memo per property per month
- Spend the returned hours on underwriting and investors
See every workflow for your role
See every portfolio and investor reporting workflow an agent can support.
Asset Manager workflow catalog 44 property managementNo prompts. No babysitting. No Integrations.