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FOR RELEASE NOVEMBER 1, 2010 Fidelity Real Estate Group Implements AssetEye to Support Operations Reporting and Valuation Processes, Aid Quarterly Fund Reporting NEW YORK, November 1, 2010 – AssetEye Inc, a leading provider of portfolio management solutions for real estate, is pleased to welcome Fidelity Real Estate Group as one of its newest clients. Fidelity Real Estate Group has rolled out AssetEye's flagship system to its property sites across the country. Fidelity Real Estate Group has deployed AssetEye to automate its monthly reporting, collecting financial results, statistics, and other critical data from its property sites. The system interfaces with the group's Yardi accounting platform, facilitating valuation and fund performance reporting. "AssetEye will help our team be more efficient," said John Owens, a Director with the Fidelity Real Estate Group. "The information we need is all in one place. That means we get answers faster, and can better serve our clients." "The Fidelity Real Estate Group is a great opportunity for us," said Greg Sherman, founder and president of AssetEye Inc. "They are an exceptionally professional group that we hope will influence our product direction for years to come." AssetEye Inc’s flagship real estate reporting and analysis solution has gained recognition for its flexibility and ease-of-use, and its ability to interact with other industry-leading tools. With enterprise and hosted (ASP) options, AssetEye offers solutions for real estate investment firms of all sizes, from small funds to international advisors. About AssetEye Inc AssetEye (www.asseteye.com) is a provider of advanced software solutions for real estate investors, advisors, asset managers, and developers. Its flagship portfolio management solution has gained industry recognition for its ease-of-use, flexibility, and commitment to industry standards. About Fidelity Real Estate Group The Fidelity Real Estate Group is a Boston-based private equity real estate investment manager formed in 1993. The group invests principally on behalf of institutional clients, including corporate and public pension funds, endowments and foundations. As of March 31, 2010, the Real Estate Group has invested nearly $2 billion of equity in 165 different value-added transactions, representing over $7 billion of gross property value. For information, contact: |
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