An alternative to ARGUS, Addepar and eFront for funds that would rather keep one Microsoft-native record than reconcile three systems. Underwriting, capital activity and LP reporting sit on the same record as the assets they describe.
One record for the work your role does every day.
Build the distribution waterfall, capital calls and distributions on the record the assets sit on, so the equity math stays consistent across funds and vintages without a separate model per deal.
Keep the underwriting case next to what each asset actually delivers. IRR and MOIC recalculate as the cash flows update, so you are not rebuilding the model each quarter to see the gap.
Roll asset, project and cash-flow data up to the fund inside Dataverse, instead of exporting it into a parallel reporting tool that drifts from your books.
If you run ARGUS Enterprise for valuation, Addepar for the family-office book, or eFront for fund administration, REPM does not replace every feature of those tools. What it does is hold development, the standing asset and the fund structure on one Dataverse-native record instead of three you reconcile. Where a specialist tool is the better fit, we say so.
REPM holds the same financial spine your investment committee signs off on. Portfolios, programs and projects move through the phase model with DIN 276 cost calculation from KG 100 to KG 800, cash flow and IRR or MOIC attached, so the business plan you underwrote and the asset you now hold are one record, monitored without rebuilding the model after closing.
Most real estate fund management software is three tools under one name: a valuation engine, a reporting layer and a fund-administration ledger, each holding its own version of the numbers. REPM works differently. The asset is created in development, operated as a standing property, and rolled up into the fund structure on one Dataverse-native record, so the GP-LP waterfall, the capital calls and the distributions read from the same figures your asset teams change every day.
That matters at the seams. When the IRR you underwrote drifts from the IRR you are getting, you want the underwriting case next to the actuals, not in a model nobody has refreshed since closing. REPM runs on Microsoft Power Platform and Dataverse, with EU and DACH data-residency options under Microsoft's EU Data Boundary, role-based access and audit trails. It is ready for Copilot Studio and Dataverse agents as your LP reporting grows.
Start an assisted Enterprise trial on Dataverse and we will set REPM up with your fund structure, your underwriting case and your real assets, so you judge the fit on your own numbers rather than a generic demo.
Start an assisted Enterprise trial