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PropertyTract releases new residential PropertyTract service.

CHATTANOOGA, Tenn. - September 30, 2006 - PropertyTract, a division of TractManager, Inc., a leading contract management service provider serving the real estate industry, announced its latest new PropertyTract Residential service. The new service is designed to be an enterprise wide solution for customers who are in the business of owning and operating residential apartment units. This new service allows customers to:

  • Maintain an easy-to-access digital image file of all documents relating to the leasing of a residential apartment;
  • Track all of their residential tenant's compliance with lease terms;
  • Search all of their residential units for specific items such as:
    • the name of tenants
    • the number of bedrooms
    • occupancy status
    • tenant default notices
    • lease expirations
    • tenant defaults
  • Utilize an easy to use report writer to prepare reports for financial institutions, investors, etc.
  • To access all aspects of the PropertyTract database via the internet.

"PropertyTract continues to broaden the services it offers to the owners and operators of all types of real estate," said Thomas A. Rizk, The Chairman and Chief Executive Officer of TractManager, Inc. "We expect the demand for our services to increase as pressure to increase profit margins continues in the real estate industry."

About PropertyTract, Inc.
PropertyTract, a division of TractManager, Inc. (
www.propertytract.com) is a leading contract management service provider serving the real estate industry. PropertyTract provides the real estate community with online, real time access to a customized database of operating contracts, and lease documents, as well as, due diligence documents.

Press contact information:

Michael Beckerman, Beckerman Public Relations, (908) 781-6420
mbeckerman@beckermanpr.com

TractManager, (201) 556-9200
info@propertytract.com

 

 

 

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