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FOR RELEASE JANUARY 19, 2011 AssetEye Expands Tools for Loan Portfolio Management, Teams with Cornerstone Real Estate Advisers NEW YORK, January 19, 2011 – AssetEye today announced expanded support for real estate loan portfolios in its flagship product. The company will work with its current client, Cornerstone Real Estate Advisers, to supplement its advanced management and reporting platform. Delivery is planned for Q2 2011. Cornerstone CIO Lisa Howat recently recognized an opportunity to bring AssetEye's real estate reporting features to the firm's finance group. "AssetEye has always given us the flexibility we've needed for Cornerstone's equity investments," said CIO Lisa Howat. "Because of the system's ability to store and report property details, it was a natural fit for the lending team." "Many of our clients already manage both equity and debt investments with AssetEye," said Greg Sherman, president of AssetEye. "These new features will provide a more loan-focused view of the portfolio and new loan-specific reporting tools." About Cornerstone Cornerstone is a diversified, global real estate adviser, with expertise in public and private real estate debt and equity, managing or servicing over $30 billion of assets for their clients. Cornerstone's finance group structures permanent, construction, bridge and participating mortgage loans, as well as higher leverage mezzanine investments. 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. For information, contact: |
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