With all the changes occurring in the property management industry -- increasing pressures from competitors and increasing expectations from clients -- managers need all the help they can get to achieve a tactical advantage, and technology will play a prominent role in determining who emerges as winners. NREI hopes this list of property management software products will prove helpful as our readers gear-up to meet the challenge.

ATTACK[TM] Corporate Real Estate Management System

Description: Management information and reporting program utilizing Lotus Notes[TM] to organize, analyze, automate and distribute real estate information. Allows organizations to monitor real estate portfolios and minimize operating costs.

Property type: Office/Industrial

Hardware: PCs, UNIX, Macintosh

Memory required: Min. 8MB of RAM

Operating systems: OS/2, Windows, Novell, Unix

Programming language: Lotus Script, Lotus Notes[TM] macros, Lotus Notes[TM] API Toolkit

Modules: Corporate Lease, Real Estate, Contact, Portfolio and Loan Management

Price: $4,500 for primary/servicer license; $850 for each additional user (certified id)

Training: $1,200/day

Support: $995/year; application training, implementation support, telephone support (client customization offered)

Last revision: 1/96

Current version: Release 3.0

Number copies sold: 2,500+

Current users: Colliers International, British Airport Authority, Ashland Oil, Ciba-Geigy, Citizens Bank, Cushman & Wakefield, GE Capital, Pacificare, Pacificorp, Trammell Crow

Vendor: Attack Systems International

3675 Mt. Diablo Blvd., Suite 350

Lafayette, CA 94549

(510) 299-4180 or (800) 421-8191

Centersoft

Description: Property management and accounting product to assist real estate developers and property management companies to better manage tenant leases, tenant accounting and general accounting activities. Originally designed for ICSC.

Property type: Retail & commercial/Other rental

Hardware: PC-486, Pentium

Memory required: 640K

Operating systems: MS-DOS, Novell

Programming language: MS Professional Basic

Modules: PM, AR, AP, GL

Price: $4,795 single user, $5,795 (three-user network)

Training: On-site and classroom

Support: Phone and modem

Last revision: 12/95

Current version: 6.0

Number copies sold: 750

Current users: Owners/managers of shopping centers, office buildings, industrial parks, mobile home parks, apartments and residential

Vendor: ICA Inc.

73-160 El Paseo, Unit 6

Palm Desert, CA 92260

(619) 776-1440

Colonial Property Management

Description: Provides total information management, addressing the needs of commercial, industrial, residential and retail property managers and accountants. Built on user-friendly SQL database technology, handles virtually unlimited number of properties.

Hardware: Windows-based PCs, RS/6000, SUN, other UNIX systems

Memory required: Min. 20MB

Operating systems: Windows 3.X, Windows 95, UNIX, Novell Netware, Windows NT

Programming language: COBOL w/embedded SQL

Modules: Basic Package: GL, AP, AR, PM; Additional Modules: Tenant Services (Work Order Maintenance), Operating Expense Billing, Cash Basis Reporting, Purchase Order, Inventory, Payroll, Job Costing with Estimating

Price: Per user basis

Training: Personal training available

Support: For all versions

Last revision: 5/96

Current version: 5.4

Number copies sold: 250+

Current users: Liberty Property Realty Trust, First Industrial Realty Trust,

Vendor: Colonial Systems Inc.

670 Exton Commons

Exton, PA 19341

(410) 720-5190

Computerized Property Management

Description: Provides alternative to manual bookkeeping for property managers. Can perform numerous property management functions automatically.

Property type: Residential/Light office

Hardware: IBM and compatible

Memory required: 640K

Operating systems: DOS, Windows 3.1 and Windows 95

Programming language: Turbo Pascal

Modules: Stand-alone maintenance management also available

Price: $395-$995

Training: User workshops, on-site training

Support: Annual Telephone and Update Maintenance starting at $150/year

Last revision: 6/96

Current version: Release 6.10

Vendor: American Computer Software,

LLC, Box 6408

Madison, WI 53716

(800) 527-9449 or (608) 221-9449

The CTI Real Estate System

Description: 17 fully integrated software applications designed to meet requirements of property management, asset management and development.

Property type: Office, Retail, Industrial, Residential

Hardware: AS/400

Operating systems: OS/400

Programming language: RPG/400

Modules:AP, AR, AP MICR Interface, Commercial PM, Cross Applications, Dynamic Report Manager, Financial Reporting, Fixed Assets, GL, Integrated Image, Job Costing, Leasing Support, PC Exporter, Project Information, Screen Tutorial, System Interface, GUI

Training: On-site available

Support: On-site, Modem, Hot Line, Newsletters, User's Group

Last revision: 4/96

Current version: 5.0

Number copies sold: 65

Current users: Trammell Crow Co., Simon Property Group, Equitable Real Estate Equities, NationsBank Real Estate Services, The RREEF Funds

Vendor: CTI Limited Inc.

5400 LBJ Freeway, Suite 910

Dallas, TX 75240

(214) 776-3600

The Fischer System

Description: Designed to facilitate the corporate real estate department in the management of leased and owned property portfolio.

Hardware: 486/66 with 20MB plus data storage

Memory required: 16MB

Operating systems: Windows 3.1, Windows 95, Windows NT

Programming language: Microsoft Access and Visual Basic

Modules: AP, Benchmarking, Budgeting, Document Interface, Email, International, Strategic Planning, Transaction Management

Price: $24,500 plus modules

Training: $800/day

Support:8:30 AM to 6:00 PM CST

Last revision: 6/96

Current version: 4.5

Number copies sold: 36

Current users: CBS, GTE, ITT Hartford, Norwest Properties Inc.

Vendor: Fischer Systems Inc.

13355 Noel Road, Suite 2400

One Galleria Tower

Dallas, TX 75234

(214) 980-7115

Gold Property Management

Description: Integrated accounting and information management software for commercial, residential and retail property managers. Handles multiple entries, different periods or year-ends and simultaneous cash and accrual accounting.

Property type: Commercial, retail, residential

Hardware: PC 486 or better

Memory required: 12MB

Operating systems: Microsoft Windows NT or OS/2

Programming language: C

Modules: PM, AP, GL, Job Cost, Payroll, Executive Inquiry System, Report Designer, Inquiry Designer, ODBC

Price: From $8,500

Training: Classroom, regional & main office

Support: 6 A.M. - 5 P.M., PST

Last revision: 1/96

Current version: 3.1.2

Number copies sold: 2,700

Current users: Copley, Cushman & Wakefield, Hines, TIAA

Vendor: Timberline Software Corp.

9600 SW Nimbus Ave.

Beaverton, OR 97008

(800) 628-6583

HFA Manager

Description: Provides tools for Contract Administrators or management companies to collect, audit, transmit and receive TRACS (resident 50059s and voucher billing) data in an accurate and cost effective manner. Edit checks and compares incoming TRACS files, even those produced by other vendors' software.

Property type: Assisted housing

Hardware: System to emulate DOS operating system

Memory required: 4MB of RAM

Programming language: Clipper

Modules: Report Writer built in

Training: On-site, users group

Support: Unlimited toll-free technical support at reasonable cost

Last revision: 6/96

Current version: 3.01

Number copies sold: 70+

Vendor: A&M Software Inc.

18 Blair Park, Ste. 1000

Williston, VT 05495-0425

(800) 448-3647

Horizon/2

Description: Comprehensive, self-tailoring residential and commercial system with integrated receivables, GL, AP, job cost and payroll modules. Selection of flexibly formatted and laser enhanced reports complement complete audit trail and error checking. Accommodating central and remote-site processing, features laser check printing, lock box processing, percentage rent, pass-through billing, prospect tracking and asset management

Hardware: Server -- 486 DX; Workstation -- 386 DX

Memory required: Server -- min. 8MB, 16MB recommended

Operating systems: Server -- Novell

Netware, Windows 95; Workstation -- DOS 3.3 or later (not DOS 4.x)

Programming language: RM COBOL

Modules: GL, Commercial/Retail PM, AP, Residential PM, Job Cost

Price: Low (entry-level PM system) -- $4,900-$5,700; High (modules for 50 users + 2 remote sites) -- $38,750

Training: Classroom and on-site

Support: Telephone support

Last revision: 2/95

Number copies sold: 800+

Vendor: Execudata Inc.

6850 Canby Ave., #108

Reseda, CA 91335

(818) 343-1300 or (800) 343-0011

HUDManager

Description: Collects and stores historically, information required to produce and successfully send required data, mandated by HUD, electronically to TRACS. Produces recertification reminder notices, verification forms and other relevant reports at the touch of a key. Can sore information for many properties on one HUDManager.

Property type: Assisted housing (Section 8, 236, BMIR, etc.)

Hardware: System to emulate DOS operating system

Memory required: 4MB of RAM

Programming language: Clipper

Modules: Report Writer built in

Price: Single and multi-user available

Training: On-site, seminars, tutorial

Support: Unlimited toll-free technical support at reasonable cost

Last revision: 4/96

Current version: 6.13

Number copies sold: 5,000+

Vendor: A&M Software Inc.

18 Blair Park, Ste. 1000

Williston, VT 05495-0425

(800) 448-3647

Integrated Business Systems

Description: Provides in-house real estate computer management systems for commercial and residential real estate owners, developers and property managers. Includes hardware, customized software, training, implementation and after-installation support

Hardware: Digital MVAX and Alpha server processors

Memory required: Tailored to client portfolio

Operating systems: Open VMS

Programming language: Macro 32

Price: Starts at $35,000

Support: Unlimited telephone support as part of monthly support fees

Last revision: Continuous development

Current version: 6.1

Number copies sold: 100

Current users: Rudin Management, Douglas Elliman, Reckson Associates, Cali Realty, Jack Resnick & Sons Inc.

Vendor: Integrated Business Systems

81 Two Bridges Road

Edgewater Commons, Bldg. 1

Fairfield, NJ 07004

(201) 575-4950

LAMBS Property Management System

Description: Integrated tenant lease accounting, financial accounting, job costing and projection software automating all prorated billing, CPI, overage rents, sales and projections.

Integrates Argus, Access, Oracle, Sybase and other PC software tools.

Property type: Retail/Office

Hardware: Client -- Intel-based PC, Macintosh or Internet-enabled network computer; Backoffice -- any Windows-NT capable server or any AS/400

Memory required: Client -- 16MB; Server--64MB

Operating systems: Client -- Windows 3.1, Windows for Workgroups, Windows 95 or OS/2; Backoffice -- Windows-NT 4.0 or higher or OS/400 3.2

Programming language: Client -- Powerbuilder or Visual languages; Backoffice -- Windows NT 4.0 or higher or OS/400 3.2

Modules: AR, AP, GL, complete tenant lease accounting, projections, job cost

Price: $950 per user (includes all modules except job cost); 30 day trial period available

Training: On-site or headquarters; by the day not limit on no. of students

Support: Telephone, electronic, free user group meeting

Last revision: 2/96

Current version: V3.R1

Number copies sold: 1,250

Current users: Mall Properties, Park Tower Realty, Shroder Real Estate Associates

Vendor: Bishara Computer Systems Inc.

8440 Market St.

Youngstown, OH 44512

(330) 726-0153

Laser FMS[R] & Laser FMS Lite[R]

Description: Facilities management products provide tools to increase the productivity and efficiency of corporate real estate, accounting, finance and information services groups.

Property type: Commercial/Retail

Hardware: 486 DX2; Pentium recommended for Server

Memory required: Client -- Min. 8MB of RAM, 16MB of RAM recommended, 50MB hard disk space; Server -- Min. 16MB of RAM, 64+MB of RAM recommended, 80MB hard disk space

Price: Starting at $3,495

Training: One day

Support: Extended service agreement

Last revision: 5/96

Current version: 5.35

Current users: A.I.G., McDonnell Douglas, Warner Bros., Viacom

Vendor: Laser Application Corp.

2222 Martin St., Suite 212

Irvine, CA 92715

(800) 756-5273

Leaseworks Floor & Stacking Plan Program

Description: Data-driven occupancy plans. 8 color codes. Reads scans and external text files. Replaces CAD solutions. Print all floors in a building in one pass.

Property type: Malls, Office, Industrial/Hotel, Multifamily

Hardware: PC -- 486DX +, Pentium

Memory required: 8MB RAM, 10MB Hard Disk space

Operating systems: Windows 3.1, Windows 95, NT

Programming language: Smartware

Modules: Single module

Price: $495

Training: Learning materials provided

Support: Free call in

Last revision: 3/96

Current version: 3.0

Number copies sold: 50

Current users: Bentall Corp., Drivers Jonas, Ticor

Vendor: Landware Systems Corp.

#1608-900 W. Georgia St.

Vancouver, B.C., Canada V6C 2W6

(604) 687-4465

Leaseworks Investment Property Analysis

Description: Lease-by-lease monthly projections for budgeting, valuation and strategic analysis. Integrated Report Writer, graphics, Stack and Floor Plan modules.

Property type: Malls, Office, Industrial/Hotel, Multifamily

Hardware: PC -- 486DX +, Pentium

Memory required: 8MB RAM, 10MB hard disk space

Operating systems: Windows 3.1, Windows 95, NT

Programming language: Smartware

Modules: Optional portfolio module

Price: $2,495

Training: Learning materials provided

Support: Free call in

Last revision: 3/96

Current version: 3.0

Number copies sold: 100

Current users: Bentall Corp., Morguard Investments, Prudential

Vendor: Landware Systems Corp.

#1608-900 W. Georgia St.

Vancouver, B.C., Canada V6C 2W6

(604) 687-4465

Management + PLUS

Description: Integrates with accounting software to provide complete management tool.

Property type: Residential, subsidized, condominium, commercial

Hardware: IBM and compatible

Memory required: 640K

Operating systems: DOS, Windows 3.1 and Windows 95

Programming language: Turbo Pascal

Modules: PM, Retail Enhancement, Subsidized Enhancement, Dynamics Integrator, Remote Control; Maintenance Management also available

Price: $995-$3995

Training: User workshops, on-site training

Support: Annual Telephone and Update Maintenance starting at $195/year

Last revision: 12/95

Current version: Release 8.1

Vendor: American Computer Software LLC

Box 6498

Madison, WI 53716

(800) 527-9449 or (608) 221-9449

Newstar Asset and Portfolio Management System

Description: Decision support/business intelligence tool designed for real estate portfolio management around a comprehensive data warehouse. Access to centralized financial, property and tenant information.

Property type: All property types

Hardware: Open client server

Memory required: Min. 486/33 with 8MB RAM and 200MB hard disk

Operating systems: HP-UX10 or HP-UX9

Programming language: C, C++, SQL

Modules: Integrated Asset & Portfolio Management System, Financial Investor, Property/Tenant, Decision Support, Data Warehouse

Price: Based on no. of concurrent users

Training: On-site and classroom available

Support: Escalating levels, including maintenance and all product updates with a 7x24 hotline

Last revision: Ongoing

Current version: 1.0

Number copies sold: 9

Current users: Koll Cos., UNUM Insurance, Metropolitan Life

Vendor: Newstar Technologies Inc.

120 Commerce Valley Drive East

Thornhill, ON, Canada L3T 7R2

(888) 707-4000 or (905) 707-4000

Newstar Aurora Phoenix

Description: For property managers, developers, homebuilders and contractors, delivers maximum performance and flexibility in an open client-server environment.

Property type: All types

Hardware: Min. 486, 586, Open Client-Server

Memory required: Min. 16MB

Operating systems: UNIX, Windows 95 and 3.11, Novell, NT

Programming language: Progress version 7

Modules: Systems Admin.; Financials; Commercial Mgmt.; Residential Mgmt.;

Homebuilder; Construction

Price: Per module/per user basis

Training: On-site and classroom

Support: Escalating support levels, including maintenance and all product updates with a 7x24 hotline

Last revision: 5/96

Current version: 7

Number copies sold: 350+ customers

Current users: Colliers Macaulay Nicholls Inc., BC Rail, Co-operators Insurance

Vendor: Newstar Technologies Inc.

120 Commerce Valley Drive E.

Thornhill, ON, Canada L3T 7R2

(888) 707-4000 or (905) 707-4000

OnSite

Description: Core property management module. Functionality includes: receiveables management, leasing activity tracking, resident demographics and reporting

Property type: Multifamily

Hardware: CPU (386 required, 486 recommended)

Memory required: Min. 4MB RAM and 80mg free disk space

Operating system: DOS

Programming language: PLI

Modules: Management, Work Orders, Report Writer, Expense Controller

Price: Single copy $2,200, volume discounts apply

Training: Dallas, Atlanta and San Francisco locations; on-site also available

Support: Technical support available from 7:30 a.m.-6:30 p.m., CST.

Current version: 2.30

Number copies sold: 6,200+

Current users: Forest City Management, Real Estate Investment Partners, Horn-Barlow Cos., Coreland Donner

Vendor: Rent Roll Inc.

2395 Midway Road

Carrollton, TX 75006

(214) 250-8003

PowerSuite/StarSuite & PowerSite/StarSite

Description: Property management accounting software with reporting capabilities designed for residential and commercial property managers. Features an intuitive and user-friendly interface to help manage and market properties effectively.

Property type: Commercial/Residential

Hardware: IBM PCs or compatibles, Novell networks, IBM System/36 and AS400

Memory required: 640K

Operating systems: DOS, Windows

Programming language: Q-Basic, Clipper

Modules: GL, AP, PowerCheck, Budget Control Ledger, PowerProof, PowerSpace, Request4Service, PowerCentral, PowerPast, Q&E, PowerBoard, PowerTools

Price: Varies

Training: Personalized training; custom Installation Task Plan; frequent training seminars

Support: Toll-free access; choice of support plans; summary of commonly asked questions published periodically

Current version: PowerSite - 6.1; AP & GL - 7.5; BCL - 2.0

Number copies sold: Approximately 2,500

Current users: Camco, Merry Land Investment Co. Inc.

Vendor: Geac Commercial Systems Inc./AMSI

14140 Midway Road, Ste. 105

Dallas, TX 75244

(800) 436-7732

Property Manager[R]

Description: Manages residential, commercial and retail properties. Handles unlimited properties, owners, units and tenants. Includes GL, cash/accrual accounting, trust accounts, work orders and maintenance tracking.

Property type: Residential & Commercial

Hardware: 486 or Pentium

Memory required: 4MB RAM

Operating systems: Windows 3.1, 3.11 or Windows 95

Programming language: Fox Pro for Windows

Modules: All inclusive

Price: From $1,895 for single user

Training: On- or off-site

Support: 120 days free upon purchase, optional annual fee thereafter

Last revision: 5/96

Current version: 2.5

Number copies sold: 1,300

Vendor: Comtronic Systems Inc.

205 N. Harris Ave.

Cle Elum, WA 98922

(509) 674-7000

ProWriter[R]

Description: For property marketing and management personnel, improves quality of tenant proposals while reducing response time and production cost.

Hardware: 486 or higher with 20 MB of free disk space

Memory required: Min. 8MB, 12 recommended

Operating systems: Windows 3.1, Windows for Workgroups or Windows 95

Price: Buildings under 100,000 RSF - $6,500; buildings over 250,000 RSF - $10,000; $8,000 all others

Training: None required

Support: Custom setup by ASG, telephone support after installation

Last revision: Customized for each installation

Current version: 1.1

Number copies sold: New - 6 copies sold in first 90 days

Vendor: Advanced Strategies Group

15835 Park Ten Place, Ste. #106

Houston, TX 77084

(713) 578-2226

Realwise Property Management

Description: Fully integrated property management system for all property types. Lease Tracking, Variable Billings, On Line Bank Reconciliations, CAM Reconciliation and Full Tenant History are all standard features.

Property type: Individual and integrated modules for Shopping Center/Retail, Corporate Real Estate, Multifamily Residential, Office and Industrial

Hardware: PC-based, Single Site and Network versions

Memory required: DOS - 520K Conventional, 4MB RAM optimum; Windows - 8MB min., 12-16MB optimum

Operating systems: DOS 3.3 and above, Windows 3.x, Windows 95 (4Q/96)

Programming language: C/Clipper (DOS), Visual Basic (Windows)

Modules: Commercial & Residential PM; Lease Abstract; Budgeting; GL; AP; Asset Management; Payroll; Work Order/Maintenance; Utility Billing

Price: Realwise "PLUS" for low volume users from $1,895; Realwise "Premium" Series single license from $4,800.

Training: On-site available

Support: 800 phone and remote dial in; on-site available on contract

Last revision: 3/96

Current version: 5.0 (DOS), Windows (1.0)

Number copies sold: 2,500

Vendor: AVM Technologies

26074 Avenue Hall, Ste. 15

Valencia, CA 91355

(800) 884-9399

REMS Property Manager 500

Description: Complete accounting and information management system for up-to-date information on tenants, vendors, owners and properties.

Property type: Multifamily, residential

Hardware: DOS - 512K RAM (min. 325K of user RAM), 2.5MB free disk space; Windows - VGA or compatible, mouse, 3.5 MB free disk space

Operating systems: DOS 5.0 or higher, Windows 3.x, Windows 95

Programming language: C++

Price: Start at $795

Training: Available

Support: 30 days free support, programs available for purchase thereafter

Last revision: Windows 3.x - 7/95; Windows 95 - 7/96; DOS - 1/94

Current version: 4.0

Number copies sold: 10,000+

Current users: 1990 Westwood Investments, Boggs Realty Co.

Vendor: Outlook Software Corp.

13800 Mortfort Drive, Ste. 100

Dallas, TX 75240

(800) 925-5700

RentRoll

Description: Accounts receivable and resident information data base system including receivables management, resident information, invoice, budget and expense tracking, work orders, purchase orders, unit status and traffic reports. Integrates with many different accounting packages.

Property type: Multifamily

Hardware: CPU (386 required, 486 recommended)

Memory required: Min. 4MB RAM and 80mg free disk space

Operating system: DOS

Programming language: Clipper

Modules: Includes purchase orders, work orders and budgeting

Price: Single copy $2,200, volume discounts apply

Training: Dallas, Atlanta and San Francisco locations; on-site also available

Support: Technical support available from 7:30 a.m.-6:30 p.m., CST.

Last revision: 6/96

Current version: RR96

Number copies sold: 6,000+

Current users: Forest City Management, Real Estate Investment Partners, Horn-Barlow Cos., Coreland Donner, Isle Systems

Vendor: Rent Roll Inc.

2395 Midway Road

Carrollton, TX 75006

(214) 250-8003

SitePro

Description: Designed fro resident managers, monitors leasing activity, tracks demographics, generates monthly accounting reports and automatically transmits information to home office.

Property type: Residential

Hardware: PC 486 or better

Memory required: 540K

Operating systems: DOS

Programming language: C

Price: $1,290

Training: Teleclasses, classroom

Support: 6 A.M.-5 P.M., PST

Last revision: 4/96

Current version: 3.2

Number copies sold: 600

Current users: Amurcon, Case & Associates, Capital Properties, Lawson, Related Management, Sentinel Real Estate

Vendor: Timberline Software Corp.

9600 SW Nimbus Ave.

Beaverton, OR 97008

(800) 628-6583

Skyline[TM] for Windows

Description: Commercial, retail, industrial and residential property management software, enhances decision making, improves tenant satisfaction, increases marketing effectiveness.

Property type: Commercial, Retail, Residential, Industrial

Hardware: Client - 486/50; Server - Pentium

Memory required: 20mg

Operating systems: Windows 95, Windows NT

Programming language: Microsoft visual C++

Modules: Tenant & Lease Registry, GL, AP, Billing, AR, Budgeting, Report Manager

Training: Classroom/on-site

Support: Full consulting support, telephone support

Current version: 1.0

Vendor: Quantra Corp.

707 Skokie Blvd.

Northbrook, IL 60062

(847) 291-4000

spEDI*tran

Hardware: PC/Windows, UNIX systems

Memory required: 4MB

Operating systems: DOS, Windows, UNIX

Programming language: C

Modules: spEDI*map - Windows mapping; spEDI*exec - scheduling

Price: Depends on make & model

Training: On-site or at SPS offices

Support:Hotline & 7x24

Last revision: 10/95

Current version: 4.0

Current users: Fleet Mortgage, Waterfield Mort., PHHUS Mortg., Equifax

Vendor: St. Paul Software Inc.

1450 Energy Park Drive

St. Paul, MN 55108

(612) 603-4400

The System[R] for Property and Asset Management Control

Description:Fully integrated, comprehensive property/asset management software solutions. Includes database tailoring tools, executive query and reporting capabilities, flexible interface to third-party software and advanced user interfaces.

Property type: Commercial, Retail and Residential

Hardware: 486 or Pentium, min. 100MB hard disk storage

Memory required: Min. 8MB RAM for Windows installations

Operating systems: MS DOS; Microsoft Windows compatible

Programming language: Microsoft Assembler, Compiled Basic; Visual Basic and Visual C++ for new development

Modules: Commercial, Retail & Residential PM; Treasury and Asset Management; Lockbox Interface; AP with Advanced Laser MICR Check Writing; Purchase Order; GL/Advanced Financial Reporting; Lease-Level Budgeting; Work Order Maintenance; Facility Manager; HUD/TRACS Reporting; Traffic Reporting; Residential Utility Billing; General Purpose Report Writer; Distributive Processing; User Security; Third-Party Software Interfaces

Price: From $2,950; single user, local area network and multi-site distributed database configurations available

Training: Personalized implementation and training services available with flexible on-site, regional and classroom

Support: Toll-free hotline, modem, bulletin board system

Last revision: 3/96

Current version: 3.4.5

Number copies sold: 4,000+

Current users: CB Commercial Real Estate Group, Equitable Real Estate Investment Management, Jones Lang Wootton Realty Advisors, LaSalle Partners Ltd., State Teachers Retirement System of Ohio, USF&G Real Estate

Vendor: Management Reports Inc.

23945 Mercantile Road

Cleveland, OH 44122

(800) 321-8770 or (216) 464-3225

Tenant Pro for Windows

Description: Contains full GL, AR, AP, check writing, word processing, prints leases, work orders & budgeting. Instantly tracks vital information on tenants, owners, units, vendors & properties

Hardware: 386 or higher

Memory required: 4MB

Operating systems: Windows 3.1

Programming language: C

Modules: All inclusive

Price: $395-$2,195, depending on no. units and network options

Training: Video and on-site

Support: Unlimted phone support free to all registered users

Last revision: 1/95

Current version: 4.6

Number copies sold: 3,000

Vendor: Property Automation Software Corp.

1100 Centennial Blvd., Suite 230

Richardson, TX 75081

(800) 964-2792

TrackPro[R] Manager

Description:Comprehensive compliance monitoring product for owners/managers. May submit compliance data to state monitoring agency via modem/disk. Home office oversight with Satellite Processing module.

Property type: Section 42 LIHTC properties

Hardware: 286 or higher processor; 8MB hard drive storage (varies based on property size); color monitor

Memory required: DOS - 1MB of RAM; Windows - 4MB of RAM

Operating systems: DOS

Programming language: Clarion

Modules: TrackPro Manager, TrackPro Manager Limited (40 units or less), Satellite Processing

Price: From $295

Training: Users manual provided, initial 30 days telephone support free. Optional agreement includes toll-free telephone support. On-site training also available.

Support: Optional agreement includes software enhancements, regulatory updates and one hour/month toll-free telephone.

Last revision: 5/96

Current version: 2.5E

Current users: Heartland Properties, Connecticut Housing Finance Authority, Mississippi Home Corp.

Vendor: Heartland Properties Inc.

309 W. Washington Ave., Ste. 345

Madison, WI 53703

(800) 742-5442

WinStack

Description: Generates vertical stacking plans for mid-/high-rise office buildings color-coding tenant activity. Data can be imported from financial projection and property management systems.

Property type: Mid-/high-rise office

Hardware: IBM 486+ or compatible

Memory required: 8mg

Operating systems: Windows 3.1, Windows for Workgroup 3.11, Windows 95, Novell compatible LANs

Programming language: C++

Price: 1-10 $650/each, 11-25 $600/each, 26-50 $575/each

Training: $1,250/day+expenses

Support: Included for 60 days. Extended support plan of $125-$175/copy/year

Last revision: 5/96

Current version: 1.22

Number copies sold: 125+ customers

Current users: Tishman Speyer Properties, Fults Realty

Vendor: Real Pro-Jections Inc.

2945 Harding St., Ste. 211

Carlsbad, CA 92008

(800) 744-5077

Yardi Advantage/Asset Management/Professional

Description: Design, development and support of property management and asset management software, including Yardi ADVANTAGE[R] and Yardi PROFESSIONAL[R] for Windows[R].

Property type: Commercial, residential

Hardware: 486 DX 50 MHZ CPU

Memory required: 16MB

Operating systems: Windows 3.11

Programming language: Visual Basic

Modules: Maintenance, Commercial, Job Cost

Price: $10,000+

Training: $1,000/day

Support: 15% of retail annually

Last revision: 12/94

Current version: 1.0

Number copies sold: 2,000

Vendor: Yardi Systems Inc.

819 Reddich St.

Santa Barbara, CA 93103

(800) 866-1144