Banking provided by Choice Financial Group: Member FDIC.
*Actual formula for calculating APY: If your balance is between $120,000 and $1 million (Fed
Funds Rate – 0.2%) * 48%. If your balance is between $1million and $15 million, you would earn
(Fed Funds Rate – 0.2%) * 65%. The above APYs represent a Fed Fund Rate of 4.0% and are true as
of Nov 2, 2022.
Your CRE platform
Auto Distribution Payments
See What People Are Saying About Our Real Estate Investment Management Software
We started with a pilot to automate distributions and centralize investor management. We’ve tripled our Covercy usage within six months. We’re never going back to manual.
Covercy has allowed us to streamline our investor interaction through their direct deposit distribution option, document storage, and investor portal where investors can see their investment portfolio information regarding each asset.
We have over 500 investors with thousands of capital calls & distributions dating all the way to the 90s. Our entire investor management now runs on Covercy. We’re 10 times more efficient than before.
Before Covercy it felt like we were an accounting firm – that all we were doing was constantly making payments and dealing with bureaucracy, leaving us no time to truly grow our assets and portfolio. It was a colossal waste of time and energy.
One-click-Distributions are way better than the precious time we spent on quarterly distributions. We reduced liability & LPs no longer chase us to resend the same data. Game changer!