2022 Highlights

A big year for Yardi

By Katrina McDowell on Dec 27, 2022 in News

Yardi had an exceptional year in 2022 as we focused on supporting our clients, employees and communities. Here is a look back at some of the highlights:

YASC celebrates 40 years: Yardi welcomed 3500 clients to San Diego for three days of learning, networking, exposure to exciting new technologies, and fun. Yardi president and founder Anant Yardi addressed attendees at the San Diego Convention Center, the first time YASC has utilized such a large venue for its general session gatherings.

After sharing some of the highlights for other real estate sectors – including rising rents in the multifamily space, an increased focus on built-to-rent single-family developments, and a need for more affordable housing nationwide – Mr. Yardi reflected on the journey Yardi has taken as a company over the last four decades.

“It really has been just an incredible journey and an adventure. And for that, I thank all of you, our clients, and our employees,” shared Mr. Yardi.

Forbes Cloud 100: Yardi was named to the Forbes 2022 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. Yardi was a member of the inaugural Cloud 100 in 2016 and is No. 51 this year.

The Forbes 2022 Cloud 100 was published online at forbes.com/cloud100 and appeared in the August/September 2022 issue of Forbes magazine.

“We’re honored that Forbes has again recognized Yardi for our cloud technology and services,” said Jay Shobe, senior vice president of cloud services at Yardi. “Congratulations to all the cloud technology leaders that made this year’s list. It reflects the efforts of our employees and the incredible support of our clients worldwide.”

HBCU scholarships announced: Yardi continued a longstanding focus on education this year and announced the establishment of new scholarships at four Historically Black Colleges and Universities (HBCUs) in Atlanta and Raleigh. These cities are also home to Yardi offices.

Marcus Rutherford, a Yardi’s corporate training team member, attended Johnson C. Smith University, an HBCU in North Carolina, and said that his experience at the school had empowered his future. “It’s a legacy that I hold near and dear to my heart. As an alumnus, I can encourage dreamers wanting to attend college to believe in their dreams. Don’t just reach for the stars. Be the star,” Rutherford said.

Supporting conservation of the Boreal Wildlands: In September, Yardi announced a significant donation to help the Nature Conservancy of Canada (NCC) protect and care for the largest private conservation project in the country’s history – the Boreal Wildlands project in northern Ontario.

“Thank you, Yardi, for funding the project and enabling us to purchase and protect more than 1,450 square kilometers of Boreal Wildlands for future generations,” said Catherine Grenier, NCC’s president and CEO.

The Yardi donation will help NCC permanently protect an area twice the size of the city of Toronto. NCC, which is dedicated to accelerating conservation, restoring ecosystems and caring for biodiversity, will execute the project in collaboration with communities, government, Indigenous Peoples and others.

Aid to Ukrainian refugees: Yardi contributed $1 million to the relief efforts of non-profit humanitarian aid organizations working to assist and support Ukrainian nationals displaced by the war between Russia and Ukraine.

“We are heartbroken to see the events happening in Ukraine, and as we hope for swift peace, we will be doing everything we can to help our neighbors,” said Bianca Geomolean, director of human resources at Yardi Romania.

Introducing CRM IQ: Our multifamily clients upgraded with RentCafe CRM IQ, the latest innovation from Yardi in customer relationship management solutions. Built into Yardi Voyager and the RentCafe product suite, CRM IQ has enhanced features that benefit site teams, owners, managers, and customers. The result is a better customer experience made possible by customer-centric software. With features that automate communication and improve visibility across prospects and residents, CRM IQ is a one-of-a-kind solution in the multifamily industry. 

Planimetron acquisition: A space management solution to help meet the growing demand for efficient space management by office, retail, and industrial real estate owners and operators. Planimetron creates visual decision-support solutions for commercial and corporate real estate professionals. Since 1983, Planimetron solutions have generated a rich graphical user experience by integrating real estate and spatial data. For more information, visit planimetron.com.

“We are excited to welcome the Planimetron team to Yardi,” said Arjun Rao, senior director of commercial for Yardi. “This team brings a wealth of knowledge and experience about commercial real estate, especially with regard to space management within properties. Space Manager will be an exceptional addition to the CommercialEdge suite.”

Yardi employees also started to get back to our offices worldwide and resume volunteer work with our nonprofits this year for the first time since the pandemic began. Be sure to subscribe to our corporate blog, The Balance Sheet, so you can be up to date with everything Yardi is doing, including our philanthropy work, product updates and more.

Team Yardi is looking forward to a fantastic year in 2023!