Yardi Systems Explained
Yardi Systems, Inc. is an investment, asset and property management software vendor for the real estate industry.[1] It provides products such as property management platforms and software.
History
Yardi Systems was founded by IIT Delhi alumnus, Anant Yardi[2] [3] in Santa Barbara, California.[4] In 2010, Yardi Systems launched Yardi CRM, as part of the company's suite of property management software and integrated it with its own product, Yardi Voyager, a platform designed for real estate management.[5] The year also marked the acquisition of online real estate database, PropertyShark.[6] [7]
By 2017, Yardi Systems would expand to 35 offices worldwide, keeping its headquarters in the United States.[8]
In 2021, Yardi Systems acquired and redesigned listing service 42Floors.com adding it to its marketplace network, CommercialEdge.[9] The year also marked the launch of a new product suite, Yardi Corom, which offers lease management, occupancy tracking and desk hoteling for flexible workplaces.[10]
In 2022, Yardi Systems launched RentCafe CRM IQ, which enabled Yardi clients to manage prospects, applicants and residents through the leasing process.[11] Yardi Systems also partnered with Canadian digital insurance provider, APOLLO Insurance, to offer tenant insurance embedded into Yardi's software for Canadian tenants.[12]
In 2024, following a partnership between Yardi Systems and Xfinity Communities, Xfinity Wi-Fi became available to users of Yardi product, RentCafe.[13] The same year, Yardi Systems would acquire a 60% equity stake in WeWork.[14] [15] [16] [17] [18]
Notes and References
- Web site: Residential Real Estate; A Computer Program for Apartment Managers. Rachelle. Garbarine. August 18, 2000. NYTimes.com.
- Web site: Who Is Anant Yardi, Who Just Gave Rs 75 Cr To His Alma Mater IIT Delhi?. Anagha R.. Manoj. November 13, 2021. The Better India.
- Web site: US-based software entrepreneur Anant Yardi donates $10 million to alma mater IIT Delhi. Kritika. Sharma. November 12, 2021. ThePrint.
- Web site: Yardi Systems founder shares history of success | Pacific Coast Business Times. January 29, 2016. www.pacbiztimes.com.
- Web site: Yardi CRM for Real Estate: Integration, Integration, Integration. July 27, 2012. CRM Buyer.
- Web site: 10 Things You Didn't Know about Property Shark. Garrett. Parker. January 4, 2019. Money Inc.
- Web site: Yardi Systems Acquires NYC-Based PropertyShark. benefitspro.com.
- Web site: Employee reviews rank Anant Yardi among top CEOs in the nation | Pacific Coast Business Times. June 24, 2017. www.pacbiztimes.com.
- Web site: Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com. Boston Real Estate. Times. December 28, 2021. Boston Real Estate Times.
- News: Yardi Launches Workplace Management Solution for Commercial Occupiers . 12 September 2024 . 6 July 2021.
- Web site: Yardi Releases CRM Software for Multifamily Operators. benefitspro.com.
- Web site: Apollo and Yardi in new embedded insurance partnership. Alex. Clere. June 16, 2022. insurtechdigital.com.
- Web site: Xfinity service to be offered to users on Yardi's residential portal. Brad. Randall. June 18, 2024. Broadband Communities.
- News: Pollard . Amelia . WeWork’s new owner pitches no-drama turnaround for Adam Neumann’s old company . 12 September 2024 . 30 May 2024.
- Web site: WeWork announces deal to exit bankruptcy, avoid takeover by Adam Neumann. Erik. Engquist. April 29, 2024. The Real Deal.
- Web site: Anant Yardi becomes majority stake owner of WeWork, David Tolley to continue as CEO . mint . 2024-05-31 . 2024-08-26.
- Web site: WeWork set to emerge from bankruptcy. www.bbc.com.
- Web site: WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid. May 30, 2024. www.bloomberg.com.
