A Juniper Square alternative that includes the operations behind the returns.
Juniper Square is strong on the investor side — but it stops at the fund. Atrium Elite gives operators the LP portal, capital calls, distribution waterfalls, and IRR/TVPI on the same data model as the rent roll and NOI that actually drive the numbers.
The Atrium Elite fund layer — commitments, calls, waterfalls, and IRR on the same data as operations.
Fund admin + operations, unified
Capital calls, distributions, waterfalls, and an LP portal run off the same rent roll, leases, and NOI you operate — not a separate system you reconcile into each quarter.
Returns that tie to the assets
Because the property data and the fund data share one model, distributions and IRR/TVPI trace back to the underlying leases and CAM — your LP numbers reconcile to your operations by construction.
Priced for operators, published
Per-unit plus a capped per-fund fee, on the pricing page — no enterprise minimum and no opaque implementation for operators who aren’t billion-dollar shops.
Why operators look for a Juniper Square alternative
Juniper Square is built for the investment/IR side and does it well — but it assumes the property operations live somewhere else. For an operator who runs the buildings and the fund, that means two systems, two sources of truth, and a quarter-end scramble to make the LP statements agree with the rent roll. Pricing and implementation also skew enterprise.
What Atrium Elite does differently
Atrium starts from the operations — commercial-native rent roll, CAM/NNN, leasing — and builds the fund layer on the same data. So capital calls, distributions, waterfalls, and the LP portal are driven by the actual property numbers, not re-keyed from them. One model, one source of truth, transparently priced.
Who it’s for
Commercial operators who also manage one to three funds or syndications (roughly 10 to 200 units) — too sophisticated for spreadsheets, too lean for an enterprise fund-admin platform — who want operations and investor reporting on one system.
Frequently asked
Does Atrium replace Juniper Square?
For operator-managers running a handful of funds alongside their properties, it covers the same investor workflows — LP portal, capital calls, distributions, waterfalls, IRR/TVPI — and adds the property operations on the same model. It is not aimed at large, pure-play fund managers with dedicated IR teams.
What investor workflows are included?
A branded LP portal, commitments and capital calls, distribution waterfalls (pref, carry), IRR/TVPI, and document/K-1 sharing — driven off the same rent roll and NOI as operations.
How does it keep LP numbers reconciled?
The fund and property data share one model, so distributions and returns trace to the underlying leases and CAM — there is no second system to reconcile against at quarter-end.
What does it cost?
Published pricing: per-unit plus a capped per-active-fund fee for the fund layer. No enterprise minimum, no sales call to see the number.
Can you migrate my fund and property data?
Yes — concierge migration of your rent roll and cap tables is included.
See fund administration that reconciles to your operations.
Run Atrium against a full portfolio with a fund and LPs in the live demo, or put it against your own.