Feature · Premium module · Sales-led

Investment
Management.

Raise and manage capital in the same platform that runs your properties — funds, capital calls, distribution waterfalls, and an investor portal, with waterfalls fed by your live general ledger instead of a manual import.

Book a demo vs AppFolio Investment Manager →

Per-org pricing · no per-user fees · from $999/mo

Value-Add Fund I · 2026-Q2 distribution

Demo data · representative numbers

Return of capital

$1,000,000

Preferred return · 8%

$80,000

GP catch-up

$20,000

Promote split · 20% GP

$100,000

Balances · cents-exact

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AI explainerin plain English

From subscription to distribution

One system, GP to LP.

Funds, commitments & investors

Model funds and SPVs, track LP commitments (soft-commit → subscribed → active), and keep every investor as a KYC'd legal entity. Accreditation review is built in.

Capital calls — Stripe ACH or wire

Call a percentage of each commitment or a fixed total. Allocations are computed pro-rata and cents-exact, notices are AI-drafted, and payments record over Stripe ACH or a recorded wire.

Distribution waterfalls, fed by your GL

A deterministic engine: return of capital → preferred return → GP catch-up → promote. Cents-exact with a checksum invariant. Two-person approval before anything pays. Fed by the live general ledger, not a manual NOI import.

Investor portal + investor AI

Each LP sees their own capital account — committed, funded, distributed, uncalled — and can ask an AI copilot scoped strictly to their data. Waterfall explainer, capital-call drafting, and quarterly letters included.

Built for sponsors who already operate the assets.

Value-add syndicator

You raise a fund per deal. You want capital calls, a clean waterfall, and an investor portal — without buying a second platform and reconciling it against your operations by hand.

Growing GP

Your operations already live in Proprietio. Turn on Investment Management and your distribution waterfalls read the live GL — the NOI your properties actually produced, not a number re-keyed into a fund-admin tool.

Family office / fund manager

Multiple SPVs, dozens of LPs, quarterly letters. Per-org pricing (no per-user fees), an AI copilot for your investors, and two-person approval on every distribution.