Yardi Systems
| Company type | Private |
|---|---|
| Industry | Technology, Property Management, Real estate |
| Founded | 1984 |
| Headquarters | , U.S. |
Key people |
|
Number of employees | approx. 9000 (2024 estimate) |
| Subsidiaries | WeWork Inc. 60% |
| ASN | |
| Website | yardi |
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
[edit] | This section reads like a press release or a news article and may be largely based on routine coverage. |
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]
References
[edit]- ^ Garbarine, Rachelle (August 18, 2000). "Residential Real Estate; A Computer Program for Apartment Managers" – via NYTimes.com.
- ^ Manoj, Anagha R. (November 13, 2021). "Who Is Anant Yardi, Who Just Gave Rs 75 Cr To His Alma Mater IIT Delhi?". The Better India.
- ^ Sharma, Kritika (November 12, 2021). "US-based software entrepreneur Anant Yardi donates $10 million to alma mater IIT Delhi". ThePrint.
- ^ "Yardi Systems founder shares history of success | Pacific Coast Business Times". www.pacbiztimes.com. January 29, 2016.
- ^ "Yardi CRM for Real Estate: Integration, Integration, Integration". CRM Buyer. July 27, 2012.
- ^ Parker, Garrett (January 4, 2019). "10 Things You Didn't Know about Property Shark". Money Inc.
- ^ "Yardi Systems Acquires NYC-Based PropertyShark". benefitspro.com.
- ^ "Employee reviews rank Anant Yardi among top CEOs in the nation | Pacific Coast Business Times". www.pacbiztimes.com. June 24, 2017.
- ^ Times, Boston Real Estate (December 28, 2021). "Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com". Boston Real Estate Times.
- ^ "Yardi Launches Workplace Management Solution for Commercial Occupiers". 6 July 2021. Retrieved 12 September 2024.
- ^ "Yardi Releases CRM Software for Multifamily Operators". benefitspro.com.
- ^ Clere, Alex (June 16, 2022). "Apollo and Yardi in new embedded insurance partnership". insurtechdigital.com.
- ^ Randall, Brad (June 18, 2024). "Xfinity service to be offered to users on Yardi's residential portal". Broadband Communities.
- ^ Pollard, Amelia (30 May 2024). "WeWork's new owner pitches no-drama turnaround for Adam Neumann's old company". Retrieved 12 September 2024.
- ^ Engquist, Erik (April 29, 2024). "WeWork announces deal to exit bankruptcy, avoid takeover by Adam Neumann". The Real Deal.
- ^ "Anant Yardi becomes majority stake owner of WeWork, David Tolley to continue as CEO". mint. 2024-05-31. Retrieved 2024-08-26.
- ^ "WeWork set to emerge from bankruptcy". www.bbc.com.
- ^ "WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid". May 30, 2024 – via www.bloomberg.com.