Why are many leading real estate investment managers increasingly turning to the Yardi Investment Suite? Because this end-to-end solution delivers: Efficiency through automation. Automation reduces double entry from timesheets and disparate data systems. It also enables investors to access reports and forms wherever and whenever they want. Automation factors into increasing portfolio size without adding staff. Yardi Investment Manager, an element of the suite, automates subscription agreements through e-signature, capital calls and distributions. “The Investment Suite makes life easier for our real estate investment team, and thus our clients, by eliminating the need to integrate and validate data from multiple sources,” says Joe Biddle, director of IT for Baltimore-based real estate investment manager ABR Capital Partners. Another example of efficiency comes from Holladay Properties. The full-service commercial real estate firm in South Bend, Ind., saw a five-fold increase in its investor base in five years. Keeping pace with that growth required greater efficiency in every area of the company’s business – which the Yardi Investment Suite enabled. “We not only succeeded in satisfying all client expectations. And we did it without needing additional staff,” notes Wills Gardner, Holladay’s director of capital planning. Success through centralization. Centralizing all communication, transactions and opportunities on the Yardi Investment Suite platform also serves to simplify the investment lifecycle. “We use Yardi Investment Manager to call capital, make distributions through waterfall promote structures and eliminate manual tracking of capital activity,” says Scott McGinness, CFO, of Cohen Asset Management Inc., a Los Angeles-based private real estate investment company. McGinness continued: “Our staff doesn’t have to spend time assembling information from disparate sources, then preparing and distributing it. They can direct their energies to more productive activities such as researching investment opportunities and strengthening client relationships.” All information, when investors want...
Principal Real Estate Investors...
Chooses Yardi Single Stack
Institutional asset manager Principal Real Estate Investors will use newly acquired solutions from the Yardi Commercial Suite™ and the Yardi Investment Suite™ to help reduce business process lifecycles, increase transparency into operational performance and monitor investment risk as it prepares to execute its growth strategy. The single stack of integrated Yardi business solutions will provide Principal Real Estate Investors’ commercial property managers and operating partners a common platform for property management, accounting and budgeting. It will also provide a 360-degree view of the company’s commercial investments. “Our goal is for the Yardi Commercial and Investment Suites to provide a technology platform that will help drive accurate, real-time performance analysis that improves decision-making and mitigates risk. As we increase our assets under management, we expect the Yardi platform to help us achieve scale without a corresponding increase in G&A,” said Ken Dubas, senior managing director and chief operating officer for Principal Real Estate Investors. “One objective is to unify our asset management and investor reporting operations with a single stack approach to benefit our internal staff, investors and third-party property managers.” “Principal Real Estate Investors is one of the premier real estate asset management firms in the world and we look forward to collaborating with them and their property managers. We are very excited that they chose the Commercial Suite and Investment Suite. These solutions are designed to drive workforce efficiency and reduce business process lifecycles while providing powerful and flexible analytics, reporting and business intelligence for managing the entire real estate lifecycle,” said Rob Teel, Senior Vice President, Yardi Global Solutions. About Principal Real Estate Investors Principal Real Estate Investors manages or sub-advises $57.2 billion in commercial real estate assets (as of Dec. 31, 2014). The firm’s real estate capabilities include both public and...