Yardi has again been named a winner of Glassdoor’s 16th Employees’ Choice Awards, honoring the Best Places to Work 2024. The Glassdoor Employees’ Choice Award is based solely on the input of employees, who voluntarily provide anonymous feedback by completing a review about their job, work environment and employer on Glassdoor, the worldwide leader on insights about jobs, work environments and companies. “We are humbled to be included with so many great organizations and by the consistent, positive support of our global employees, which resulted in this honor,” said Kevin Yardi, vice president at Yardi. “For over 40 years, we have achieved steady growth by taking care of our customers, employees and communities. If you are looking for a great place to grow your career, Yardi is hiring in many offices worldwide.” Find career opportunities at careers.yardi.com. Yardi is the only software company focused on real estate on the 2024 list. The company was previously honored in 2023, 2020 and 2018. “Work life is rapidly changing, and professionals are turning to Glassdoor to share their experiences about working for some of the most competitive employers in the world,” said Christian Sutherland-Wong, Glassdoor Chief Executive Officer. “The Best Places to Work award is a stark reminder of the power of Glassdoor, from arming professionals with career insights and real-time conversations about all things work and life, to providing employers with feedback to improve.” Employees’ Choice Award winners for the Best Places to Work 2024 were determined based on Glassdoor-approved company reviews submitted by U.S.-based employees between October 18, 2022, and October 16, 2023. During the year-long eligibility period, employers considered for the large list must have received at least 75 ratings for each of nine workplace attributes (overall company rating, career opportunities, compensation and benefits, culture and values, diversity and inclusion, senior management, work-life balance, recommend to a friend, and six-month business outlook). The final list is compiled using Glassdoor’s proprietary algorithm, led by its Economic Research Team, and considers quantity, quality and consistency of reviews. For the complete list of the Glassdoor Best Places to Work winners in 2024, please...
Helping Clients Shine
Blake Cole Earns ALCO Award
Congratulations to Blake Cole, senior account manager for the RightSource client success team in Yardi’s Minneapolis office, who was recently named 2023 STAR performer by ALCO Management. Affordable housing client ALCO hosts an annual seminar for team members and vendors to celebrate success and train on industry-related topics such as Compliance, Fair Housing, and Physical Property Inspection. This is the second year ALCO has invited Yardi staff to participate, after onboarding with the RightSource software in the summer of 2021. Due to the RightSource integration, ALCO invites a member from each team to present information that is relevant to stakeholders. This year, they highlighted: Navigating the Top File Findings: A presentation where Cole identified the top five file findings found on ALCO’s uploaded certifications in RightSource over the last 12 months and detailed how to avoid these findings. Also highlighted was ALCO’s move-in certification performance. The quicker the certification can be approved, the faster ALCO can provide quality, affordable housing to those who need it. As of the date of this presentation, ALCO’s metrics exceeded the national average of all RightSource clients, coming in at four days and nine hours for approval (national average: five days, 16 hours). Stephen Kearns, senior team lead of client services for the Voyager/RCAH Team, presented upcoming changes to RCAH that will enhance the site staff’s software utilization. Lisa Furbush, manager of full compliance services for RightSource, presented the highly anticipated HOTMA changes that are forthcoming and how they may affect ALCO’s current processes. Joel Smith, team lead of the RightSource Client Success Team, presented awards to the site staff and properties who were high achievers according to RightSource metrics over the past 12 months (i.e., awards provided for properties who processed the most Special Claims, properties who most improved on completing their past due certifications, properties who had their MIs approved the fastest, etc.) The award Cole received was a surprise since ALCO typically honors their company site staff for outstanding achievement. “The next thing I see is this video playing that had me all in my feelings,” shared Cole. Cole’s history with ALCO dates back to their onboarding with RightSource, where he was the team lead for the Auditing Team. In May 2023, Cole was promoted to the RightSource Client Success Team as a senior account manager. Due to his great relationship and history with ALCO, he has been able to retain them as one of his clients. “This explains the purpose of the Captain America helmet I wore during the introduction of my presentation,” said Cole. (See photo at right.) “They are very familiar with this, but for those who were not, I reminded them that the “A” on the helmet stood for Captain...
2023 Forbes Cloud 100
Yardi Named to Eighth Straight List
Yardi has been named to the 2023 Forbes 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 the only company focused on the real estate vertical this year. “We’re honored that Forbes continues to recognize Yardi for our cloud technology and services,” said Jay Shobe, senior vice president of cloud services at Yardi. “Since the inaugural list, this inclusion has reflected the continual efforts of our employees and the unfailing support of our clients worldwide.” The Cloud 100 again reviewed submissions from hundreds of cloud startups and private companies. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people and culture (15%). “The companies of the Cloud 100 list represent the best and brightest companies in this crucial tech sector,” said Kenrick Cai, Forbes editor of the Cloud 100. “This year’s companies had to react rapidly to AI’s sweeping impact while contending with a market pullback. Their resilience puts them in elite company.” “This year’s Cloud 100 list is one of the most dynamic in history. While the industry faced macro headwinds, the 2023 Cloud 100 winners displayed the innovation and resilience of the cloud economy and the combination of growth and efficiency that prove the power of the cloud business model. 95 percent of the honorees are forecasted to reach Centaur status — $100 million of annual recurring revenue — by the end of the year,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “It is further exciting to see so many honorees at the forefront of the AI revolution, which we believe will continue to transform the cloud and propel the next wave of growth for many of this year’s winners.” “The past year our industry has seen a generational step forward in innovation and with AI leading the charge, we are witnessing one of the most important platform shifts in decades,” said Paul Drews, managing partner, Salesforce Ventures. “The Cloud 100 list represents the best of the best and we’ve never been more excited about what the future holds, not only for the cloud but for the entire technology industry. We are proud of what these founders and their communities have already accomplished and look forward to seeing how they continue to transform the industry in the future.” The Forbes 2023 Cloud 100 is published online at forbes.com/cloud100 and will appear in the August/September 2023 issue of Forbes magazine. About Yardi Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com. About Bessemer Venture PartnersBessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has $20 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio). About ForbesForbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than...
Glassdoor Honor
Yardi is Best Place to Work
Yardi has been honored with a Glassdoor Employees’ Choice Award for the third time as one of the Best Places to Work in 2023. The Glassdoor Employees’ Choice Award is based solely on the input of employees, who voluntarily provide anonymous feedback by completing a review about their job, work environment and employer on Glassdoor, the worldwide leader on insights about jobs and companies. “Taking care of our employees and offering opportunities to contribute to our clients’ success are guiding principles at Yardi,” said Anant Yardi, the company’s president and founder. “We are honored to receive this prestigious award again from Glassdoor, and we are grateful for the supportive culture that has been fostered at all levels within our organization.” For 2023, Yardi is No. 76 out of 100 companies on Glassdoor’s Best Places to Work US Large list with a 4.4 rating. The company was previously honored in 2020 and 2018. Here are some of the comments current employees have made recently about Yardi on Glassdoor: “(Yardi is a) wonderful place to work. Flexibility, good pay & benefits, and caring, supportive team and leader. Privileged to work for such a philanthropic company that values both its clients and employees.” “The company has been incredible to work for throughout the pandemic and treats its employees and their families as good as I’ve ever seen.” “Management and team leads meet with you often to check in on how you are doing, career goals, questions, concerns. They do so in an authentic way, not obligatory. Leadership has not only asked these questions but has great follow through. They have helped guide me on a path based on my own career goals and they also encourage “out of the box” ideas and love when you take initiative.” Yardi is currently hiring, and you can find worldwide career opportunities on the Careers page. Glassdoor’s Best Places to Work winners were determined using company reviews shared by U.S.-based employees between October 19, 2021 and October 17, 2022. During the year-long eligibility period, employers considered for the large list must have received at least 75 ratings for each of Glassdoor’s nine workplace attributes (overall company rating, career opportunities, compensation and benefits, culture and values, diversity and inclusion, senior management, work-life balance, recommend to a friend and six-month business outlook). “It’s encouraging to see companies doubling down on employee mental health and wellbeing, diversity and inclusion, competitive benefits and flexible work environments as we head into 2023. I sincerely congratulate all of the Best Places to Work winners,” said Christian Sutherland-Wong, Glassdoor Chief Executive Officer. For the complete list of the Glassdoor Best Places to Work winners in 2023, please visit:...
Forbes Cloud 100
Yardi Makes List for 7th Year
Yardi has been 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. “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.” For the seventh straight year, the Cloud 100 reviewed submissions from hundreds of cloud startups and private companies. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people and culture (15%). For market leadership, the Cloud 100 enlists the help ofa judging panel of public cloud company CEOs who assist in evaluating and ranking their private company peers. “The companies of the Cloud 100 list represent the best and brightest private companies in this fast-growing sector,” said Alex Konrad, senior editor at Forbes. “Every year, it gets more difficult to make this list — meaning even more elite company for those who do. Congratulations to each of the 2022 Cloud 100 honorees.” “The public markets may be in turmoil, but the private valuations of the Cloud 100 continue to rise. All the 2022 Cloud 100 honorees, again, have reached the $1 billion valuation milestone, and the average Cloud 100 valuation has skyrocketed to $7.4 billion,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “Despite the market correction in 2022, our confidence in the cloud economy continues to grow—today over 70% of the 2022 Cloud 100 Honorees have reached or exceeded $100 million in annual recurring revenue making them cloud Centaurs. An additional 10% of the list is expected to hit this milestone by the end of the year, furthering our conviction that this years’ honorees truly represent the best cloud companies globally.” “Great companies are born out of all environments, and it’s exciting to see the continued momentum in the cloud sector,” said Alex Kayyal, Managing Partner, Salesforce Ventures. “The companies on this list have gone through a rigorous selection process and join an esteemed alumni list of Cloud 100 companies. As the need for digital transformation continues to drive innovation and efficiencies across industries, we can look to these companies as the absolute best in cloud computing.” The Forbes 2022 Cloud 100 is published online at forbes.com/cloud100 and will appear in the August/September 2022 issue of Forbes magazine. About Yardi Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With 8,000 employees, Yardi is working with our clients globally to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit yardi.com. Bessemer Venture Partners Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 135 IPOs and 200 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio includes Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr and Toast and has $19 billion of regulatory assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Boston, Beijing and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio). About Forbes Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and...
Energy Honors
Yardi Again Recognized by EPA
Each year, the U.S. Environmental Protection Agency (EPA) honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy efficiency achievements. As a Service and Product Provider, Yardi is honored to receive the 2022 ENERGY STAR® Partner of the Year Sustained Excellence Award from the EPA and the U.S. Department of Energy after being named Partner of the Year for four consecutive years. The award celebrates companies that offer energy services and products in the commercial, institutional or industrial markets for successfully assisting their clients in strategic energy management and building design. Highest EPA Accolade The Sustained Excellence award is the highest honor bestowed by the ENERGY STAR program. Its winners have made a long-term commitment to fighting climate change and protecting public health through energy efficiency. They are among the nation’s leaders in driving value for the environment, the economy and the American people. Partner of the Year winners are not only promoters of ENERGY STAR, but also are especially adept at operating within the programs and work with ENERGY STAR to make ongoing improvements. The award acknowledges Yardi’s efforts to educate and support clients with benchmarking services and technology solutions across a variety of real estate sectors. Energy wins According to the EPA, in 2020 alone, more than 270,000 commercial properties used EPA’s ENERGY STAR® Portfolio Manager® tool to measure and track their energy use, water use, and/or waste and materials. These buildings comprise more than 25 billion square feet of floorspace more than a quarter of all the commercial floorspace in the nation. In 2021, Yardi helped more than 200 clients benchmark energy in ENERGY STAR Portfolio Manager for over 5,000 buildings, a 42 percent increase from the previous year. Yardi helped clients benchmark water in over 4,000 buildings, a 33 percent increase from 2020. In addition, Yardi actively promotes ENERGY STAR benefits, publishing 70 articles and providing resources for benchmarking energy performance and energy management such as webinars, client conferences courses, executive briefings sessions and other activities. “We’re so proud to receive this top honor from the EPA for the fourth consecutive year, and we again applaud our clients’ success. We look forward to continuing to help our clients and the real estate industry reap the benefits of using ENERGY STAR to meet their business and sustainability goals,” said Akshai Rao, vice president at Yardi. Learn more Find out how Yardi empowers real estate companies to meet energy and sustainability goals. See the complete list of 2022 ENERGY STAR Partner of the Year award...
Forbes Cloud 100
Yardi Makes List for 5th Year
Global real estate technology provider Yardi has been named for the fifth time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, landed at No. 30 for 2019, and is No. 34 this year. “We’re honored that Forbes has recognized Yardi yet again for our industry-leading cloud solutions,” said Jay Shobe, vice president of cloud services at Yardi. “To continue to rank among these prestigious companies reflects the efforts of our employees and the tremendous support of our clients worldwide.” The evaluation process involved four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), people and culture (15%). The Forbes Cloud 100 judge panel weighed the factors to select, score and rank the winners. With that data, the judge panel, which includes major public cloud company CEOs, was then responsible for selecting and ranking the top 100 companies globally. “The private cloud ecosystem continues to mature in light of rapid digital transformations, making the competition to land one of the coveted spots on the Cloud 100 list steeper than ever,” said Byron Deeter, a top cloud investor, and partner at Bessemer Venture Partners. “Private cloud valuations are getting bigger as the market’s appetite for cloud continues to grow. Over the past five years, the average Cloud 100 valuation has grown by a tremendous 2.5x, from $1 billion in 2016 to $2.7 billion in 2020. In fact, our 2020 Cloud 100 includes over 87 private cloud unicorns! These founders represent the absolute best in cloud computing today.” “For five years now, we have ranked the best and brightest emerging companies in the cloud sector,” said Alex Konrad, Forbes editor of The Cloud 100. “With...
Star Power
Yardi Wins EPA Award
According to the Environmental Protection Agency, using energy efficiently is one of the fastest and most effective ways to save money, reduce greenhouse gas emissions, create jobs and meet growing energy demand. Yardi has once again been named ENERGY STAR® Partner of the Year. The award celebrates companies demonstrating superior leadership, innovation and commitment to environmental protection through energy efficiency and ENERGY STAR. ENERGY STAR provides information that consumers and businesses rely on to make well-informed energy efficiency decisions. Thousands of industrial, commercial, utility, state and local organizations — including more than 40% of the Fortune 500® — rely on their partnership with the U.S. Environmental Protection Agency to deliver cost-saving energy efficiency solutions. The award acknowledges Yardi’s effort to educate and support clients with benchmarking services and technology solutions across a variety of real estate sectors. In 2019, Yardi helped more than 100 clients benchmark energy in ENERGY STAR® Portfolio Manager® for over 2,300 buildings, leading to a nearly 110 percent increase from the previous year. Yardi helped clients benchmark water in over 2,000 buildings, a 300 percent increase from 2018. In addition, Yardi actively promotes ENERGY STAR benefits, publishing more than 20 articles and providing resources for benchmarking energy performance and energy management such as webinars, client conferences courses, executive briefings sessions and other activities. “We are very proud of our clients’ continued success in using ENERGY STAR resources to achieve their corporate and community sustainability goals and we look forward to helping them and the industry reap even more ENERGY STAR benefits going forward,” said Anant Yardi, president and founder of Yardi. The company has earned ENERGY STAR certification for its corporate headquarters in Santa Barbara, Calif., and helps its real estate clients measure success and provide visibility into their ENERGY STAR...
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...
Standard of Excellence
Energy Star Awards
The U.S. Environmental Protection Agency’s designation of Yardi as a 2019 ENERGY STAR® Award recipient in the service and product provider category was previously announced in this space. The award recognizes the company’s outstanding contributions to protecting the environment through superior energy efficiency achievements. More than 180 organizations across a broad swath of industries joined Yardi in receiving ENERGY STAR awards in April. Some of their achievements that ENERGY STAR documented are summarized below. Along with saving more than 5.6 million kilowatt-hours from LED retrofit and solar programs, Chicago apartment community developer and manager AMLI Residential engaged its leasing staff to educate residents and prospective residents on the benefits of living in an ENERGY STAR-certified community. Boston Properties incorporated cost recovery for ENERGY STAR certification, sub-metering of high-intensity tenant equipment and tenant energy disclosure through ENERGY STAR Portfolio Manager® into its master lease form. The self-administered and self-managed real estate investment trust also achieved ENERGY STAR certification for 77 properties in 2018. Bozzuto Management Company of Greenbelt, Md., pursued 100% benchmarking in ENERGY STAR Portfolio Manager for all managed assets and achieved energy reductions of more than 3% and 2% in site and source energy usage, respectively, across its portfolio in 2017, which equates to a calculated energy cost savings of more than $4 million. The manager of more than 255 multifamily communities also communicates sustainability and ENERGY STAR issues through its internal Bozzuto in the Know program. CommonWealth Partners, a Los Angeles private real estate investment, development, management and operating company, developed an internal Battle of the Buildings Bootcamp competition that focused on empowering properties to reduce energy, water and waste over three months. The effort saved more than 12,000 megawatt-hours of energy, 16,000 kilogallons of water and more than 3,400 metric tons of carbon dioxide equivalent. Fairfax (Va.) County Public Schools, which serves more than 190,000 students, has saved more than $23 million since 2014 through a comprehensive energy program. The 10th largest school division in the U.S. also enacted student-conducted home energy audits, a Battle of the Buildings competition and extensive promotion of ENERGY STAR and energy efficiency through social media. Hudson Pacific Properties, a vertically integrated real estate company in Los Angeles, implemented an engagement and recognition program that recognized properties that achieved the largest ENERGY STAR score improvement, hosted the best tenant engagement event and demonstrated the largest reductions in energy, water and waste usage. Los Angeles-based Kilroy Realty Corporation received ENERGY STAR Charter Tenant recognition for one of its offices and promoted ENERGY STAR in an innovative TEDx talk. It also joined the BOMA W2 challenge, an initiative built with the support of a grant from Yardi, across 84 buildings. LBA Realty LLC achieved ENERGY STAR certification for 21 properties in 2018. The Irvine, Calif. office and industrial property manager and investor also increased its average ENERGY STAR score portfolio-wide from 78 to 81 and reduced its average weather-normalized source energy use intensity by over 5% from 2017-18. Memorial Hermann Health System of Houston saved more than 14 million kilowatt hours by retrofitting light fixtures. It also became the first healthcare system in Texas to utilize new ventilation rate standards that reduce energy use while still meeting air change rates set by the department of health. Principal Real Estate Investors LLC of Des Moines, Iowa, achieved more than 3% reduction in average weather-normalized source energy use intensity from 2017-18. The company has achieved more than $52 million in cumulative avoided energy costs and more than $137 million in potential increased asset value since 2008. Defense, civil government and cybersecurity solutions provider Raytheon Company designed and built an energy-efficient onsite data center that can be replicated at other sites, earning a top project award from its manufacturing peers. The Waltham, Mass.-based company also completed onsite battery storage projects at two facilities that help offset power consumption from the grid during peak periods. SL Green...
UAE Award
Yardi excels in region
Yardi was recently named Property Software Company of the Year award. Hosted by Arabian Business, a weekly business magazine published in Dubai, the awards recognize the most accomplished companies and senior executives from around the region. The awards ceremony took place at the Ritz Carlton, Dubai and celebrated top technology performers in the UAE. Drawn from a select group of over 600 companies and individuals, 21 awards were presented. Arabian Business covers all aspects of Middle East commerce and investment, as well as lifestyle and real estate news. Last year, Yardi was recognized by Arabian Business as the UAE’s top real estate technology provider. This second consecutive year of recognition for software excellence demonstrates how the company is expanding its role in the region’s real estate business. “Yardi has a proven track record across the Middle East for providing long-term, customer focused solutions that represent innovative use of technology across real estate sectors,” said Said Haider, Yardi’s Regional Director for Middle East, who accepted the award on the company’s behalf. “We are honoured to receive this recognition from Arabian Business.” The company also recently announced that it is helping its clients participate in the DubaiNow platform, which provides digital access to multiple government services. DubaiNow is the first unified Dubai government services app, and currently offers over 55 services from 24 government entities. The DubaiNow platform makes city services more seamless and efficient. Examples of tasks that can be accomplished via the app include utility bill pay, visa tracking, trade license renewal, car registration and much more. Yardi worked closely with its Dubai-based clients in the development and testing of the new interface. For real estate and relocation, users can perform transactions associated with moving to a new residence using the DubaiNow app. This...
Energy Distinction
Yardi Awarded EPA Honor
Yardi has long been proud to provide energy-related technical services to clients with the aim of improving efficiency, lowering costs and meeting sustainability benchmarks. The company gained a measure of its impact this month in the form of an ENERGY STAR® Partner of the Year Award in the service and product provider category. The award signifies that Yardi demonstrates exemplary leadership, innovation and commitment to environmental protection by instituting ENERGY STAR values, tools and resources within the industry, and its own operations. Since 1992, ENERGY STAR and its partners have helped American families and businesses save more than $450 billion and over 3.5 trillion kilowatt-hours of electricity while also achieving broad emissions reductions. The EPA co-manages ENERGY STAR, a voluntary program that helps consumers and businesses save money and protect the environment through the adoption of energy-efficient products and practices. Past ENERGY STAR Partner of the Year Award recipients include familiar companies such as JPMorgan Chase & Co., Northwestern University and HP Inc. “This award reflects our clients’ success in using ENERGY STAR resources to achieve their corporate and community sustainability goals. We are proud of those achievements and look forward to helping our clients and the industry gain even more benefits from ENERGY STAR,” said Anant Yardi, founder and president of Yardi. “Energy efficiency is a core component of our mission as a real estate technology provider. We thank the EPA for this high honor and will continue applying technical innovation to current and emerging industry challenges,” said Akshai Rao, vice president of energy and procurement at Yardi. Yardi’s ENERGY STAR-related initiatives in 2018 that the EPA evaluated included: Benchmarking more than a thousand buildings in ENERGY STAR Portfolio Manager® in 27 compliance jurisdictions every month. Yardi also benchmarked other properties in non-compliance areas for other programs Documenting its real estate clients’ success in using energy optimization software to maximize efficiency and reduce costs. One example is SL Green, New York City’s largest office landlord, which used intelligent energy optimization software from Yardi to increase the ENERGY STAR score for one of its properties from 48 to 76. SL Green also won the 2018 Earth Building of the Year Award from BOMA NY Sponsoring the BOMA Water and Waste Challenge Program, which helps property managers track, gather and analyze data. Yardi solutions supported W2 participants by automating data capture and generating insightful reports. One client, Kilroy Realty Corporation, reduced water use at a Class A building by 30% Promoting ENERGY STAR value propositions like higher occupancy and rent, increased asset values, actionable benchmarking information and favorable impressions among investors. The company did this through webinars, industry trade shows and publications, client user conferences, executive briefings, corporate blog posts and other activities Earning ENERGY STAR certification for its corporate headquarters in Santa Barbara, Calif. Working with EPA to improve ENERGY STAR Portfolio Manager software functionality in such areas as building energy performance measurement and reporting Yardi will receive the ENERGY STAR Partner of the Year Award at a ceremony in Washington, D.C., on April...
Forbes Cloud 100
Yardi makes list for 3rd year
Yardi has been named for the third time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, moved up to the #26 spot on the list in 2017, and came in at #22 this year. The timing of this significant honor was special as Yardi executives and staff are welcomed the largest group of clients ever to the biannual Yardi Advanced Solutions Conference in San Diego this week. In Wednesday’s welcoming remarks, president and founder Anant Yardi noted that about 98 percent of clients now make sure of the company’s secure and reliable cloud. “We’re honored that Forbes recognized us again for our efforts to provide industry-leading cloud solutions,” said Jay Shobe, vice president of cloud services at Yardi. “To continue to rank high on this list is a testament to the efforts of our employees and invaluable support and feedback from our clients.” Published by Forbes in collaboration with Bessemer Venture Partners, the list will appear in the Sept. issue of Forbes magazine and is available at forbes.com/cloud100. The evaluation process involved four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), people & culture (15%), which the judge panel then weighed to select, score and rank the winners. With that data, the Forbes Cloud 100 judge panel, which includes major public cloud company CEOs, was then responsible for selecting and ranking the top 100 companies worldwide. “For the past three years, the Cloud 100 list has identified the top cloud companies that are reshaping their respective industries,” said Alex Konrad, Forbes editor of The Cloud 100. “I am consistently impressed by the caliber of companies honored on the Cloud 100 list. It is an exciting time to a be a cloud company and founder.” “All of the twenty-five cloud IPOs and major cloud acquisitions over the past three years have been prior members of the Cloud 100, and we absolutely expect that the dominant public cloud companies of the future will also come from this list,” said Byron Deeter, a top cloud investor and partner at Bessemer Venture Partners. “The 2018 Cloud 100 represents well over $135B in private shareholder value–an astonishing figure that reminds us yet again of the power of the cloud. The way we do business will be dramatically different as a result of these companies and I am honored to celebrate the remarkable accomplishments of the founders and teams behind each company on the 2018 Cloud 100.” “The business opportunity for cloud companies is tremendous today as capital investment, customer demand and rate of adoption continues to grow,” said Matt Garratt, managing partner, Salesforce Ventures. “We’re excited to see the potential of these companies and look forward to seeing what innovative technology they deliver around the world.” Yardi was among the companies celebrated last night in San Francisco at the Cloud 100 Celebration, an exclusive event hosted by Bessemer Venture Partners, Forbes and Salesforce Ventures. The celebration is attended by the CEOs of the public cloud companies and the CEOs named to the Cloud 100 and the 20 Rising Stars...
Workplace Honor
For Yardi’s Central Coast Offices
Yardi follows up being named one of Glassdoor’s top places to work in the U.S. with a local honor for its Santa Barbara and Oxnard offices from the Pacific Coast Business Times, a local news outlet covering area companies. Yardi joins an elite group of 25 firms in the Santa Barbara and Ventura/Oxnard area recognized on the list, ranging in size from startups to established companies. Selections for the list were made based on submissions from the general public. “What makes this award most gratifying is that it was the result of our employees writing about us,” said Gordon Morrell, executive vice president, in a note to Yardi staff. Ranking No. 12, Yardi is the largest employer on the list of featured companies with around 700 employees in its Central Coast offices. A feature article about the company in the PCBT focused on corporate values, benefits, philanthropy and growth. Since being founded in Santa Barbara in 1984, Yardi has now grown to 6,000 employees worldwide. You can read the PCBT story here. A ceremony honoring the winners will be held Thursday, May 17 at Hotel Californian in Santa...
Best Place to Work
New Glassdoor Honor
Echoing the voices of its employees, Yardi has been honored with a major award from Glassdoor as one of the top places to work in the U.S. The 2018 Glassdoor Employees’ Choice Award relies solely on the input of employees, who elect to provide feedback on their jobs, work environments and companies via Glassdoor, a popular job rating and review site. Yardi ranks No. 42 on the list of Top 100 U.S. Large Companies list. But don’t just take our word for it. Read some of the things Yardi employees are saying: “The culture is second to none! Everyone is here to help each other and our clients succeed,” – Sales Team employee review. “What I have found at Yardi is the ability to grow and learn in a supportive environment. I can say that the day-to-day Yardi Culture is something that should be bottled up and sold to other companies.” – Client Services Department employee review. “Yardi is a very charitable company and does a lot of good, which the employees are involved in. You develop a real sense of pride working for such a well-run company that also makes a difference in the world.” – Research Department employee review. “Yardi has an extremely warm and welcoming atmosphere. Everyone goes out of their way to make sure people feel comfortable and included in workplace functions. You can tell they really care about their employees.” – Client Services Department employee review. The Best Places to Work lists were determined using company reviews shared by U.S.-based employees between November 1, 2016 and October 22, 2017. To be considered for the U.S. Large category, a company must have at least 1,000 employees and have received at least 75 ratings across eight workplace attributes from U.S.-based employees during the period of eligibility. The final list is compiled based on Glassdoor’s proprietary algorithm, and considers quantity, quality and consistency of reviews. For the complete list of the Glassdoor Best Places to Work, visit the list. “This is a tremendous honor for our company and reflects the positive experiences of our growing workforce,” said Anant Yardi. “We appreciate the recognition from Glassdoor and thank our employees who took the time to share their thoughts and opinions.” On Glassdoor, current and former employees of companies worldwide can share insights and opinions about their work environments by sharing a company review, designed to capture an authentic inside look at what it’s like to work at particular jobs and companies. “We know today’s job seekers are more informed than ever about where they go to work, researching everything from company culture to career opportunities to pay philosophy and more. To help people find companies that stand out from the pack, the Glassdoor Employees’ Choice Awards recognize employers that are truly Best Places to Work because they’re determined by those who really know best – the employees,” said Robert Hohman, Glassdoor CEO and co-founder. “Employers where employees love to work continue to prove that they have a recruiting and business performance advantage.” This is the second time this year that Yardi has been recognized among the top U.S. companies by Glassdoor. In June, CEO and Founder Anant Yardi was named to Glassdoor’s Highest Rated CEO list. That honor was also based on feedback submitted by current and former Yardi employees. Of 100 CEOs recognized nationally, Anant Yardi ranked No. 32. Yardi is hiring! Find out about current employment opportunities worldwide on our Careers...
UK Honor
Software Provider of the Year
Yardi, a global provider of real estate technology, was proud to accept the Property Management Software Provider of the Year award at the recent Property Week All-Star Management Awards, which took place at the Grosvenor Hotel in London on the 3rd of November. The Property Week Management All-Stars Awards are held annually and celebrate excellence across all segments of the management of real estate – from AST and block residential, multi-occupier office and retail, to industrial and logistics. Property Week is the leading news magazine in the commercial and residential property market. Packed with news, features, opinion and analysis, Property Week keeps readers fully briefed on all the latest information from the industry, including major property deals, development opportunities and investment prospects. Martin Betts, Yardi sales director for the UK & Ireland, was on hand to collect the award recognising the company as Property Management Software Provider of the Year. “We are thrilled to have won this award and believe it reflects our continued commitment to providing innovative solutions focused on enhancing the customer experience and optimizing our clients front and back-office operations,” said Neal Gemassmer, vice president, international for Yardi. “We continue to actively invest in growing the suite of solutions that we provide to the rapidly growing residential ‘build to rent’ sector, as well as staying focused on investment, asset and property management solutions for the commercial market.” Yardi would also like to congratulate several clients that received awards during the evening, including LIV Group, awarded the BTR/PRS Operator of the Year, and GVA, which was named Property Financial Advisory of the...
Forbes Cloud 100
Yardi Makes List Again
Global real estate technology provider Yardi has been named for the second time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, moving up to the #26 spot on the list in 2017. Published by Forbes in collaboration with Bessemer Venture Partners, the list will appear in the July 27, 2017 issue of Forbes magazine and is available at forbes.com/cloud100. “We’re honored that Forbes chose to recognize our efforts to provide industry-leading cloud solutions for our clients for the second straight year,” said Anant Yardi, founder and president of Yardi. “Our cloud-based software serves real estate and investment companies of all sizes around the globe.” The Forbes 2017 Cloud 100 was selected by a panel of judges representing leading public cloud companies, using qualitative and quantitative data submitted by nominees, along with third-party data sources. The evaluation process involved four factors: estimated valuation (30%), operating metrics (20%), people & culture (15%) and market leadership (35%), which the judge panel then weighed to select, score and rank the winners. With that data, the Forbes Cloud 100 judge panel, made up of a majority of public cloud company CEOs, was then responsible for selecting and ranking the top 100 companies from all over the world. “Our inaugural Cloud 100 list showed the tech and venture capital community just how many standout private cloud companies there are to watch, and this year’s list is no exception,” said Forbes editor of the Cloud 100 list Alex Konrad. “Forbes has a keen eye for businesses, and combining that with Bessemer Venture Partners and Salesforce Ventures’ deep knowledge of the cloud industry, any company’s inclusion on the Forbes 2017 Cloud...
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...
Top 50
Affordable Housing Developers
Affordable Housing Finance recently released the Top 50 Affordable Housing Developers of 2016. The list showcases developers with the most reported affordable units started and completed within the year. Great Companies, Great Timing Yardi clients received 23 out of the 50 available spots on the list: The NRP Group Miller Valentine Group LDG Development Dominium Herman & Kittle RPM Development Group St. Anton Communities Conifer Realty Bridge Housing Corporation Volunteers of America Arker Companies Community Investment Strategies USA Properties Fund Atlantic Pacific Communities BFC Partners Picerne Real Estate Group AHC Pennrose Woda Group McCormack Baron Salazar Related Mercy Housing WinnCompanies The new construction barely puts a dent in the ongoing affordable housing shortage, which now exceeds 4.7 million units. Yet the timing could not have been better. Recent cuts to the United States Department of Housing and Urban Development, as well as tax reforms, are projected to trigger a decrease in future affordable housing construction. Tighter budgets require developers to work with greater efficiency and accuracy. That is why nearly half of Top 50 Affordable Housing Developers turn to Yardi. Robust Software Yardi ® Construction Management improves projects’ cost control and budget oversight, from their nascent stages to close-out. Users can develop financing plans and monitor agreements from contractors and subcontractors. As the project progresses, users can compare actual costs to the job budget. Both job costs and the general ledger are updated in real time, providing users with the most accurate and dependable information. The comprehensive reporting within Construction Management provides detail and transparency to users, protected with controlled permissions. Users receive an overview of budgets, revisions, change orders and commitments, each with drill-down options for greater detail. Construction Management seamlessly integrates with Yardi Affordable Housing Suite ™, allowing users to continue project...
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...
MHN Honored
WEBSITE WINS NAREE GOLD
NEW YORK CITY (June 23, 2016) – The website of Multi-Housing News, an online real estate publication focused on the multifamily industry, was awarded for excellence this month by the National Association of Real Estate Editors (NAREE) at its 50th annual conference. Multi-Housing News earned the “Best Web Site Gold Winner” honor for its website, multihousingnews.com, which was redesigned with a new look and feel in 2015. The NAREE judges, a group of journalism professors at Ohio University, commented: “The page has a logical and attractive presence. It is full of information and multimedia and breaking news, organized so that the fresh news automatically appears on the first screen. Users can study market data broken down by region and hone in on property types that are best suited for them. There is something for everyone.” All of the MHN managing and associate editors are named as contributors to the award, but Editorial Director Suzann Silverman noted that the programming team that designed the new site deserves accolades as well. The web design team is based in Saskatoon, Saskatchewan, while the content team for MHN is located in New York City and Cluj-Napoca, Romania. “We are proud of how everyone worked together to create this site and so pleased to receive this recognition from our colleagues,” said Jack Kern, publisher/research director for Multi-Housing News and its sister publication, Commercial Property Executive. Multi-Housing News and Commercial Property Executive have won numerous awards from NAREE for websites, print publications, and individual articles. Yardi acquired both publications in 2009. About NAREE Founded in 1929, the National Association of Real Estate Editors recognizes excellence in writing, editing and reporting each year. NAREE helps members advance their careers as staffers and freelancers for major digital, print, and broadcast news outlets....
Honored for Innovation...
Yardi’s Self Storage Product
Yardi has been recognized for its self-storage technology platform by Inside Self-Storage, an industry publication for storage providers. The company won the Best Technology Innovation category in the 2015 Best of Business awards. It’s the latest honor for the company’s move into the self-storage business, which began in early 2014 with the acquisition of Salt Lake City-based Centershift. Today, that product is part of Yardi’s Genesis2 offering, targeted directly to self-storage providers. Genesis2 is the first single platform, device-agnostic, full suite solution, complete with robust accounting capability and customer management portals. “This is just the tip of the iceberg, from an innovation standpoint, for Yardi in the self-storage market,” said Mark Smith, Director of Self Storage Marketing for Yardi. The company also offers platforms for the industry’s largest storage providers. Yardi Genesis2 is designed for the property manager who wears every hat. Typically managing a small to mid-sized portfolio, they need comprehensive, mobile solution that makes juggling multiple tasks easier. Lauded features include best-practice workflows, all-one-functionality, maintenance, insurance, payment processing, and tenant services. Yardi Genesis2 is available today, and you can get more information...
Awarded for Ethics
CBRE Group lauded
Pushing ethics to the top of its priority list has paid off for CBRE Group Inc., which has a long history of strong reputation management practices. Recently named one of the world’s most ethical companies by an independent assessor, the Ethisphere Institute, the global commercial real estate firm takes corporate values, which have a direct impact on business practices, exceptionally seriously. Those values inform processes, procedures and prioritization of compliance, risk management, communications and client security. At the heart of the effort is the CBRE RISE program, standing for “Respect, Integrity, Service, Excellence.” The company’s 44,000 global employees receive quarterly training sessions in ethics and compliance, delivered either online or in person. A compliance officer exists for each country where the company does business—55 in all. “If you hold up your individual corporate values, that will empower your people to feel confident and make the right decisions in difficult circumstances,” said Tyson Avery, chief ethics and compliance officer for CBRE, a Yardi client. “There’s no cookie-cutter commercial real estate transaction, and the same is true with the risks that we face. All scenarios are a little different.” Avery identifies cloud security, corruption, conflicts of interest and data privacy as all being areas of relatively high risk for global companies. Hence the prioritization by CBRE of best practices, which is enhanced not only by the frequent training sessions but maintenance of a hotline/helpline where employees can anonymously report any concerns. Ethisphere’s “World’s Most Ethical Companies” are recognized for their policies and actions, including ethical business standards and practices, exceeding legal compliance minimums and being industry leaders. For 2014, Jones Lang LaSalle Inc. and Reology Holdings Corp. were also recognized in the real estate sector. Marriott International was among the honorees in Leisure and...