Solution automates private equity real estate investment firm’s entire investment cycle
SANTA BARBARA, Calif., May 5, 2016 – Dome Equities LLC has adopted Yardi Investment Management™, a fully automated platform for investment accounting, measurement and reporting.
“Yardi Investment Management meets our need for an SSAE 16 compliant platform. It also reduces the time required to complete transactions and reporting. By automating our entire investment cycle, from investor accounts all the way through financial statements, Investment Management saves us time and money and reduces opportunities for error,” said Richard Angal, chief financial officer for Dome Equities, a private real estate investment firm. “Having one integrated solution means we don’t have to reenter data in multiple systems.”
“Easy management of complex hierarchies and deal structures will help Dome execute investment strategies faster, benefitting its clients,” said Terri Dowen, senior vice president of sales for Yardi®.
About Dome Equities LLC
Dome Equities LLC is a private equity real estate investment firm specializing in core+, value-add and opportunistic strategies in U.S. real estate. Always seeking profit creation as a core objective, Dome acquires apartment properties below their replacement cost, implements best-in-class management practices and invests strategic capital to improve property operations followed by the sale to a long term owner, all within a three to five year period. For more information, visit www.domeeq.com.
About Yardi
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information, visit www.yardi.com.