Due to unique challenges this year, the 2020 Realcomm | IBcon Conference changed to a new hybrid format with two days of virtual sessions followed by a day of in-person sessions. As part of the virtual event, Yardi president and founder Anant Yardi participated in the opening session panel, as well as a thought leadership discussion with other industry software providers. Mr. Yardi’s vision for the future of the commercial real estate industry was optimistic, while stating the importance of businesses adapting to a new normal. In the opening session, “#COVID.RE.Economy.Technology.NewNormal,” he reflected on the difference between gathering 2,500 people in one venue at the last Realcomm conference in June 2019, versus a virtual environment over two full days of content in October 2020. “I yearn for those times when we were able to be face to face,” he stated. “But we understand change, we recalibrate and navigate that change.” Property owners and managers are likely to have some concern over whether tenants will need their space at the end of the lease, but enterprise corporations such as Microsoft and Exxon are leading the way on hybrid work models, which may be the new normal. Workers could access the office at some points during the week for team collaboration and then continue to function normally from remote environments, be it at home or a shared coworking location. For those companies seeking more space, often satellite offices, Mr. Yardi sees a trend where clients search available sublease space or sections of coworking offices to bring workers back into a collaborative environment. A significant challenge for the future of the office sector is occupancy levels. While a majority of tenants have managed to successfully pay rent and offices are slowly beginning to reopen, capacity restrictions and...
Connect at APTvirtual
What Not to Miss
The apartment industry is meeting online at APTvirtual powered by NAA from Nov. 2-6 to spark inspiration as we all stay connected at home. Once again, Yardi is proud to participate as a sponsor, exhibitor and educator at one of the industry’s most anticipated conferences of the year. And what a year 2020 has been. To ensure the long-term success of the industry, Yardi has donated $1 million to the COVID-19 Rental Housing Support Initiative, a partnership with NAA, IREM, NMHC and NARPM. APTvirtual lets attendees engage with the latest developments in the apartment industry, from business best practices to marketing strategies and leasing innovations. You’ll also hear amazing stories from this year’s Game Changer speakers to kick off each day of the event. The platform is now live, so it’s an ideal time to start planning your schedule. We’re excited to meet you there. Not registered yet? Use discount code APTvirtual200 for $200 off. Connect with Yardi: Enter to win! While our technology helps you and your residents stay connected at home, our various activities at APTvirtual help you connect to the NAA community — and enter to win a major giveaway for a new at-home experience! First, submit your conference photo to the Virtual Mosaic. It connects digital threads from all over the country that you can watch come to life as a collaborative, branded image. Then, make time to visit with us. We have four virtual booths setup so you can connect with the technology most applicable to you: Yardi for all things operations and big data, Yardi Breeze for simplified property management, RentCafe for marketing and Yardi Matrix for market research data. Engage with us in our virtual booths using the links below and get a Starbucks® gift card to enjoy coffee on us, plus enter for a chance to win more. More ways to engage: Tech you can’t miss! Come to the Yardi booth and “Connect with Yardi executives” for a special discussion happening on Thursday, Nov. 5 at 1 and 1:30 p.m. EST (two consecutive sessions). Anant Yardi will be there to answer your questions and share insights along with Esther Bonardi, Terri Dowen, John Pendergast and Chris Ulep. During the daily expo hours, visit us to connect with experts on the newest solutions for multifamily operators. You’ll have a chance to join our breakout rooms on marketing, big data and operations to ask questions and hear from our top innovative experts in the industry. Let us show you why big data is a big deal with Yardi Elevate, including Asset IQ for predictive and prescriptive insights with benchmarking, Forecast IQ for expediting accurate budgets and new Maintenance IQ for shortening unit turns. Do you have the right technology to meet the needs of today’s renters? Join us at the RENTCafé booth for innovative solutions to ensure your properties are ready to meet the demands of a changing market. Give prospects the ability to tour at their own pace and maintain social distancing with RENTCafé Self-Guided Tours. Also, get up to speed with RENTCafé Chat IQ, an AI-powered chatbot that learns and adapts to fit each community. Stop by and we’ll show you a chatbot designed specifically for you. At the Yardi Matrix booth you can learn how to utilize market intelligence to identify value-add investment opportunities. Newly added estimated DSCR and LTV data helps you easily find distressed properties, benchmark current performance and plan future financing decisions. Schedule a personal demo to see this new data set. We’d also love to show you Yardi Matrix Student for insight into purpose-built and shadow market properties surrounding over 1,000 colleges and universities across the U.S. Visit the Yardi Breeze booth to see why thousands have switched to our refreshingly simple property management platform. Breeze offers everything you need to market and manage your portfolio from anywhere, on any device. Simple pricing and convenient monthly...
Glassdoor Honor
Anant Yardi Named Top CEO for Third Year
(June 18, 2019) – Anant Yardi, founder and CEO of Yardi, was named for the third consecutive year to a prestigious list of the nation’s top corporate leaders by employer review website Glassdoor. Mr. Yardi again received a Glassdoor Employees’ Choice Award recognizing the Highest Rated CEOs, which he also received in 2017 and 2018. For 2019, Mr. Yardi is ranked No. 33 on the list of top-rated CEOs for large companies in the United States. This ranking is based solely on the anonymous and voluntary opinions offered by users of the Glassdoor platform, where people can rate their employment experience at past and current companies. The U.S. Large Company category includes firms with more than 1,000 employees. Glassdoor’s Top CEOs in 2019 were determined using company reviews shared by U.S.-based employees between May 2, 2018 and May 1, 2019. The final list is compiled using Glassdoor’s proprietary algorithm, led by its Economic Research Team, and takes into account quantity, quality and consistency of reviews. When submitting a review, Glassdoor users are asked directly whether they approve, disapprove or are neutral on the performance of the company’s CEO. Among the approximately 900,000 companies reviewed on Glassdoor, the average CEO approval rating is 69 percent. Those on the Highest Rated CEO list all have approval ratings over 90 percent. Mr. Yardi earned a 95 percent approval rating. “It’s an honor to recognize incredible leaders who, from their employees’ perspectives, exemplify exceptional vision, trust and communication. Glassdoor’s Top CEOs award continues to be more competitive every year, and I congratulate each leader on their achievement,” said Christian Sutherland-Wong, Glassdoor president and chief operating officer. “Today’s job seekers are looking for leaders who share their values and will empower them to bring their full selves to work.” The accolade is indicative of the high esteem Mr. Yardi is held in by employees at the company. Yardi was founded in Santa Barbara, Calif. in 1984 as a software start-up. Today, Yardi is a global technology leader employing over 6,000 staff in 35 offices worldwide. “Our corporate motto is ‘Take care of our clients, take care of our employees, take care of our communities, stay focused, and grow’ and we work hard to fulfill those commitments,” said Mr. Yardi. “I am grateful that our employees are happy with our efforts, and to receive confirmation in this way is extraordinary.” Glassdoor is one of the largest and fastest growing job sites in the world today. Set apart by the tens of millions of reviews and insights provided by employees and candidates, Glassdoor combines all the jobs with this valuable data to make it easy for people to find a job that is uniquely right for them. View the full list of highest rated CEOs for U.S. large...
Realcomm at 20
Industry Leaders Honored
Commercial real estate education and event organization the Realcomm Conference Group LLC (Realcomm) celebrated its two-decade milestone by honoring 20 visionaries at its annual conference in Las Vegas. The prestigious group of honorees included Yardi founder and president Anant Yardi, who received a Lifetime Achievement Award recognizing his career-long accomplishments in real estate and technology. Realcomm also recognized the following industry leaders: Jesse Carrillo, SVP and CIO, Hines; Dave Clute, Chief Marketing Officer, ESD; Maureen Ehrenberg, President, Global Integrated Facilities Management, JLL; Robert Entin, EVP and CIO, Vornado Realty Trust; John Gilbert, EVP, COO and CTO of Rudin Management; Mark Golan, VP of Real Estate and Workplace Services, Google; Don Goldstein, former SVP and CISO, Digital Technology, CBRE; Hari Gunasingham, Founder, Sigma Sustainability Institute; Tama Huang, Principal and Global Real Estate Advisory Services Leader, NOI Strategies; Sandy Jacolow, CIO, Silverstein Properties; Ted Maulucci, President, SmartONE Solutions; Scott Morey, Executive Director of GPG Advisers; Paul Oswald, Managing Director, CBRE; John Petze, Principal, SkyFoundry; Wayne Pryor, Principal, 2Five1 Consulting; Joseph Rich, SVP and CIO, Related Companies; Darrell Smith, Director, Central Facilities Operation of Google; James Whalen, SVP and CIO, Boston Properties; Scott Zimmerman, CIO, CenterPoint Properties. The award criteria included consistent focus on real estate innovation and contributions to the industry for more than 20 years. Mr. Yardi founded his company in 1984 in Santa Barbara, Calif. Since then, it has become a global real estate software leader, and now has over 6,000 employees in 40 offices worldwide. “Anant is a constant supporter of Realcomm’s vision for uniting technology, innovation and real estate operations. His thought leadership, service to the industry and technology innovation over the years have been profoundly impactful,” said Jim Young, co-founder and CEO of Realcomm. “Realcomm has done a remarkable job enhancing...
YASC 2018
Change is incremental – and good
Washington, D.C. (May 30, 2018) – Kicking off Yardi’s Advanced Solutions Conference (YASC) at the Washington Hilton, Yardi president and founder Anant Yardi shared his perspective on change. “For me, change is incremental. It’s not disruptive. Change is something we have to count on. If you are successful in making small steps over the course of time, you will be successful,” Mr. Yardi stated before more than 2,000 Yardi clients and employees gathered for the East Coast education and networking event. A West Coast YASC will be held in San Diego in September. In a 45-minute talk reflecting on the company’s development history and looking toward the future, the focus was on new lines of product development that Yardi has underway to help its clients meet their real estate and investment goals. The technology company’s goal is to help clients increase revenues and asset values while reducing costs and risk. Energy solutions, coworking management, and a full asset management suite were presented as ways to help achieve those goals. Mr. Yardi offered attendees a sneak preview of the Yardi Elevate Suite, an operational performance solution that includes in-depth operations data, deal management, market insight, predictive insights, budgeting, business intelligence and revenue forecasting. The product builds on the proven Deal Manager solution and will incorporate additional new tools, including Forecast Manager, Construction Manager, Retail Manager and Facility Manager. Another area of focus was Yardi’s growing commitment to coworking, including the leasing of vacant space for shared and temporary workers. The company has made two recent acquisitions in the area, including Wun Systems and most recently Phoenix Broadband, a Scottish company that created a platform for managing technology resources in a shared workspace. “It seems to us that this is a new category of asset type....
Glassdoor’s Top CEOs
Anant Yardi Recognized Nationally
Anant Yardi, founder and CEO of Yardi, was named today to a prestigious list of the nation’s top corporate leaders by employer review website Glassdoor. Mr. Yardi received a Glassdoor Employees’ Choice Award recognizing the Highest Rated CEOs for 2017. He is ranked No. 32 on the list of top-rated CEOs for large companies in the United States. This ranking is based solely on the anonymous and voluntary opinions offered by users of the Glassdoor platform. The U.S. Large Company category includes firms with more than 1,000 employees. Ratings were compiled during a one-year window, which concluded early in May. Glassdoor is a website where people can rate their employment experience at past and current companies. It is one of the world’s largest and fastest growing job sites, with tens of millions of reviews of over 700,000 companies in 190 countries. When submitting a review, Glassdoor users are asked directly whether they approve, disapprove or are neutral on the performance of the company’s CEO. On Glassdoor, the average CEO approval rating is 67 percent; the CEOs on the 2017 top-rated list all scored above 90%. “I congratulate all of the winners on this significant honor,” said Robert Hohman, Glassdoor co-founder and CEO. “We know that CEO approval ratings correlate to overall employee satisfaction and trust in senior leadership, which contributes to long-term employee engagement.” The accolade is indicative of the high esteem Mr. Yardi is held in by employees at the company. Yardi was founded in Santa Barbara in 1984 as a software start-up with a corporate motto of “Take care of our clients, take care of our employees, stay focused and grow.” Today, Yardi is a global technology leader employing over 5,300 staff in 35 offices worldwide and remains true to its original motto. “Our employees are the heart of this company, and it is especially rewarding to receive this recognition from them. I thank them for their vote of confidence and look forward to continuing our tradition of customer service and innovation as we take care of our clients, employees and the communities that we live in,” Mr. Yardi commented. Glassdoor is one of the largest and fastest growing job sites in the world today. Set apart by the tens of millions of reviews and insights provided by employees and candidates, Glassdoor combines all the jobs with this valuable data to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for approximately 700,000 companies in more than 190 countries. For labor market trends and analysis, visit Glassdoor Economic Research. For company news and career advice and tips, visit the Glassdoor Blog and for employer-related news and insights to help employers hire, visit the Glassdoor for Employers Blog. Visit Glassdoor.com or download our apps on iOS and Android...
Yardi Honored
By Insights Success
Insights Success magazine recently named Yardi one of the “10 Fastest Growing Cloud Solution Provider Companies.” Insights Success focuses its coverage on emerging and quickly growing companies and their leadership. The honor capped year of esteemed recognition for Yardi’s continued service to clients and constant growth, “Yardi Systems is leveraging cloud technology to enhance both the consumer and professional experience with real estate engagement. Yardi is equipped with the resources to upgrade the technological aspect of nearly every real estate vertical,” stated the magazine’s coverage of the award. The recognition follows another major honor for Yardi in 2016. In September, the company was named to Forbes’ inaugural Cloud 100, the definitive list of the top 100 private cloud companies in the world, developed in partnership with Bessemer Venture Partners. Anant Yardi, founder and President of Yardi, was recognized for his pioneering efforts in the industry. Insights Success stated: “His vision is the driving force behind the development of effective and innovative software solutions for global real estate portfolio management.” Mr. Yardi was also named to the National Apartment Association’s Lifetime Achievement Award in 2016, where he is only the third inductee. About Insights Success Insights Success is the Best Business Magazine in the world for enterprises. It focuses distinctively on emerging as well as leading fastest growing companies, their confrontational style of doing business and way of delivering effective and collaborative solutions to strengthen market share. We talk about leaders’ viewpoints and ideas, latest products/services, and more. For more information, visit...
Lifetime Achievement
Anant Yardi Earns NAA Honor
The National Apartment Association (NAA) honored Anant Yardi’s service to the apartment industry with a rare Lifetime Achievement Award. The accolade was presented to Mr. Yardi, Founder and President of Yardi Systems, at a luncheon in National Harbor, Maryland, on Nov. 11. NAA Chairman of the Board Marc Ross presented the award. “The Lifetime Achievement Award is NAA’s most prestigious honor. It is awarded to members with a long history of exemplary national service to the apartment industry. I can’t think of anyone who deserves this more than Anant Yardi. His work has helped to transform the industry,” Ross said. Mr. Yardi is just the third person to receive the award in the history of NAA. He founded Yardi in 1982, and the company has seen a steady rate of growth ever since. In 2016, the company surpassed the 5,000 employee mark and was recognized as one of the world’s Top 100 Private Cloud Companies by Forbes Magazine. Over the years, the company has also grown its philanthropic efforts, regularly supporting nearly 100 nonprofit organizations every year, as well as responding to humanitarian crises. In addition, Yardi has paid and pledged $1M to the NAA Education Institute over the last five years. Yardi is a Diamond Sponsor and 360 Degree Partner of NAA. Mr. Yardi said he was surprised, honored and humbled to receive the award. “As a steward of the apartment industry, NAA has done a remarkable job promoting education, professionalism and the interests of our industry. It has been a pleasure and privilege to work side by side with NAA. I look forward to continuing our long and very satisfying relationship,” he said. Learn more about NAA’s leadership in the multifamily property management industry at www.naahq.org. Visit www.yardi.com for more about the software and services offered by Yardi. About NAA For nearly 25 years, the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) have partnered on behalf of America’s apartment industry. Drawing on the knowledge and policy expertise of staff in Washington, D.C., as well as the advocacy power of nearly 170 NAA state and local affiliated associations, NAA and NMHC provide a single voice for developers, owners and operators of multifamily rental housing. One-third of Americans rent their housing and 38 million people live in an apartment home....
5,000 Strong
Marking a Milestone
Updated: See photos from the 5,000 employee celebrations at Yardi offices last week in the new photo gallery added below. A gallery of images is also available on Facebook. (August 2, 2016) – Yardi’s corporate motto has always been simple: “Take care of our clients, take care of our employees, stay focused and GROW!” The global technology company celebrates a major milestone this August. Yardi now has 5,000 employees, with its largest offices in the United States, India, Romania and Canada. “It’s very special to mark the hiring of our 5,000th employee. Each of our employees has taken part in helping us become a success,” said Anant Yardi, the founder and CEO of Yardi. “We never imagined that the company would grow to this size when we started out.” In the last five years, Yardi has more than doubled in size, and has expanded in the energy, self-storage and senior living sectors. The company now has 35 offices worldwide, including locations in The Netherlands, Germany, United Kingdom, United Arab Emirates, Australia, Singapore and China. A few fun facts were shared with the global team this week when employee No. 5000 joined the ranks. 7 employees were hired in the 1980s 63 employees were hired in the 1990s 738 employees were hired in the 2000s 2,295 were hired between 2010 and 2014 4,000 employee celebration was in January 2015 Nearly 500 employees hired in the last two years were referred by current Yardi employees. “So what’s the secret to our success story? YOU! Each one of you has helped us reach this milestone,” said Gordon Morrell, Yardi’s executive vice president. Employees at Yardi’s headquarters will celebrate the milestone with a 5,000 foot history walk around the company’s corporate campus at 9am on Wednesday, Aug. 10. Other offices have also planned celebrations. To see photos from these events, visit the Yardi Facebook or Instagram accounts. Here are some photos of how our teams celebrated the 5,000 employee milestone. Thanks to Michael Joiner, Kristin Van Ramshorst, and all of our other photographer contributors. Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Kevin Yardi Santa Barbara Santa Barbara SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB SB Scottsdale Sydney Sydney Raleigh Raleigh Raleigh Raleigh Raleigh Pune Pune Pune Pune Pune Pune Pune Pune Pune Pune London San Diego Santa Ana Santa Ana Santa Ana Amsterdam Amsterdam Amsterdam...
Tech Tuesday
Video Features Anant Yardi
Where does real estate technology go from here? The answer lies in the development pipelines of innovative companies like Yardi, but the journey so far has been inspiring. A thought leadership video presented at the recent Realcomm/IBcon Conference includes clips from tech pioneers like Steve Jobs (Apple), Larry Ellison (Oracle) and Larry Page (Google), as well as real estate leaders like Andrew Florance (CoStar) and Lew Horne (CBRE). Bridging the two industries is none other than Anant Yardi, CEO and Founder of Yardi Systems, who offers perspective on the app-based economy that has become the modern norm. “Let me suggest two things that have really taken all of us by surprise: Uber and Airbnb,” Yardi says. “Both of them are interesting because of the technology and what they bring to all of us is quite unique. But the transactions and the functions that they perform are commonplace – a way to get from A to B and a way to rent a room. The question that we puzzle over is this: Does this apply to the real estate industry? And, what message should we be taking away from these companies?” Watch the video here – and prepare to be inspired about technology and real...
