Celebrating 20 years, Yardi Canada has come a long way. As a leading innovator that delivers technology solutions to move the Canadian real estate industry forward, Yardi Canada focuses on helping clients thrive through every change. We caught up with a few of Yardi Canada’s leaders to learn more about the company’s evolution. From DOS to Windows to Internet based web apps to mobile apps and now on to artificial intelligence, Yardi has always been there with a solution for its clients. Here are a few technological highlights from the past two decades. A Unique Market Mobility and the cloud might reign now, but it all began with DOS. Introducing real estate companies to new technologies to improve business operations has never been an easy task. As Canadians, we tend to be a little more conservative when it comes to change. However, Peter Altobelli, general manager and vice president of sales for Yardi Canada, found it was easy to bring Yardi’s three DOS products to market: Yardi Basic, Yardi Deluxe and Yardi Premier. “DOS was a great product to implement since it was reliable, simple and easy to use. It was a technology that property managers understood. Plus, it had all these great shortcuts, because we didn’t have a mouse back then,” recalls Altobelli. Altobelli set up Yardi’s first office in Canada in 1998, which started with four people and now has grown to a staff of over 200. Today’s multitasking generation, accustomed to multiple windows and screens, would feel restricted with a DOS platform. But back then, users could accomplish single functions at a time quickly and efficiently. It was exactly what the industry needed as a catalyst towards more technology and innovation. Moving to the Internet At every innovative milestone, Yardi Canada...
Lynn Topp
Yardi Canada Spotlight
Lynn Topp, director of residential client services, has been key to the growth of Yardi Canada — and she started out as a Yardi client. A View from the Client Side While she initially thought it would be “just a temporary thing” before completing her CPA, Lynn’s career in the real estate industry began in property management 27 years ago. Lynn worked for a mid-sized company that managed residential, condo, commercial and non-profit assets. During that time, Lynn used Yardi software as a client, and learned firsthand how the right software can transform daily tasks and also businesswide operations. “When I came to Yardi in 2005, I had 14 years of property management experience, working in financial roles including property accountant and controller. I used Yardi software back then and implemented Yardi Voyager to manage 95 properties,” recalls Lynn. When Lynn joined Yardi’s Toronto office, it was a small group of 50 employees. Now she’s part of a thriving team of 200. “I’ve loved watching small teams at Yardi grow, and seeing clients embrace technology,” Lynn said. Known for her magnetic personality and sense of humor, along with being an awesome advocate for clients, Lynn also knows the importance of innovative technology to improve real estate operations. Game-Changing Tech “It’s really satisfying to see our more conservative clients — and Canadians tend to be a bit more conservative in general — become open to technology, to adopt it and develop their businesses with it and actually really like it,” says Lynn. In her role as director of residential client services, Lynn is dedicated to making sure Yardi’s clients enjoy every advantage that technology has to offer. Embracing the daily challenges that come with an evolving industry, Lynn is an expert on positive technology disruption...
Louise Steeves
Team Yardi Canada
Yardi Canada introduces Louise Steeves, product manager for Canadian development (and the residential modules in the Canadian market). Louise was Yardi Canada’s first Voyager account manager and has been key to the company’s success — and it all started with an unusual interview. Jumping In Adaptable by nature with a desire to keep learning, Steeves has an intimate understanding of the needs of the social housing market. “In my past role over 16 years ago, I helped implement software for a large social housing provider in Toronto. I quickly became a subject matter expert, which led to a project management role,” says Steeves. Software, however, was an entirely new realm for Steeves. “When I was working with the social housing provider, I recall one meeting that I had with Peter, where he mentioned that they had just signed a large deal which would mean that they would be implementing 40 clients all at once.” That exciting news led her to make the impulsive decision to apply for a position at Yardi. Her interview with Peter Altobelli, vice president and general manager for Yardi Canada and Tom Kearns, senior director for global solutions, was not at all what she expected. “When I arrived at Yardi to meet Peter for my interview it was really early in the morning, around 7:00 a.m., and I was the first one there. Peter came rushing in. He had just gotten off a red eye flight. He grabbed some coffee and we sat down to start talking. I hadn’t had an interview in about 17 years at that point, and I thought to myself, I can’t believe I’m doing this,” Steeves recalls with a big laugh. “Peter asked me some accounting questions, which I stumbled through and then he...
Rob Podlesnik
Yardi Canada Spotlight
Yardi Canada celebrates 20 years with a spotlight on leaders who have helped the company grow. Today, we introduce Rob Podlesnik, director of Global Solutions and PSG for Yardi Canada. Podlesnik has been integral to the development of Yardi Canada—and it all started over a cardboard box. Humble Beginnings Podlesnik, a York University graduate, began his career in property management. He joined Yardi Canada in 1998. At that time, Yardi Canada consisted of eight people in a brand new office space with absolutely no furniture. “When I went in for the interview, it was literally an empty office with a cardboard box for a desk,” recalls Podlesnik with a laugh. “They positioned it well, like ‘Yardi Canada is expanding. This is going to be the first office.’ I decided to give it a year. It sounded very entrepreneurial and the atmosphere was completely foreign to me but I loved the startup culture.” He contributed to that culture, helping to form a tight-knit group that operated as a family. Everyone wore multiple hats, helped one another, and maintained close relationships. They worked together to fulfill a grand vision, one where Yardi led the Canadian property management software industry. Podlesnik began as an implementation specialist, where he worked on training and consulting, which suited him since he once considered becoming a teacher. The opportunity to visit clients, share his knowledge, and learn ways to improve the products through client feedback excited Podlesnik. But it wasn’t always easy. As a young road warrior, Podlesnik found it difficult to maintain personal relationships but his passion for the work he did and the growth kept him going. He soon assumed a role on the client services team, which allowed him to put down roots personally and professionally. He was...
Leadership Spotlight
Yardi Canada
Peter Altobelli is the Vice President of Sales and General Manager at Yardi Canada Ltd., a passionate mentor for many employees, as well as a husband and father. Arriving at this point in his career has entailed 30 years of dedication, innovation and focus on the company’s clients. He began his career in the 1980s with a background in software development in the healthcare sector. “You all have it so easy these days,” chuckles Altobelli. “Back then everything was in DOS. Shortcut keys were a major breakthrough for users. These days, people don’t think that that could even be a feature worth mentioning given that everything is done with a mouse, even intuitive touch screen or by voice activation.” In the 1990s, Altobelli became an entrepreneur, developing software products for the home building, property management and real estate brokerage industries. Through software design, development, sales and implementation, the company created a strong presence in the market and was instrumental in promoting technology to support new ways of doing business. It was during this period that Yardi began collaborating with Altobelli and his company to establish a footprint in Canada. By 2000, Altobelli became an integral part of the staff at Yardi. His thorough understanding of the Canadian market and industry standards have been crucial elements for the growth of Yardi Canada as it offers comprehensive support, implementation, sales and marketing for real estate businesses. Innovation + Growth with Yardi Altobelli was responsible for establishing the first Yardi office in Canada and has grown Yardi’s market penetration to be the leading software supplier in the country. “I was excited to work with Yardi because it’s such an innovative company,” says Altobelli. “I also appreciate that the culture is very inclusive. There is diversity of experience...
50 Years of Advocacy
Social Housing Congress Convenes
The Canadian Housing and Renewal Association / l’Association Canadienne d’Habitation et de Renovatoin Urbaine (CHRA/ACHRU), held its 50th National Congress on Housing and Homelessness in Ottawa, Ontario from May 24 to 27, 2018. Yardi was proud to be a Congress Partner on this milestone year for the event. Peter Altobelli, Yardi vice president and general manager, spoke at the opening session and at the Yardi Awards Luncheon. Altobelli highlighted Yardi’s 20-year relationship with CHRA and focused on the importance of collaboration in the social housing industry. “At Yardi Canada, we have always been deeply connected with initiatives to help build our community and our industry. It is with the fruit of our growth that we further fuel the industry by supporting organizations such as CHRA / ACHRU that strive to bring a voice to affordable housing providers on a national level,” Altobelli said. Samyukta Jaishankar, team lead for Yardi’s Canadian marketing efforts, caught up with Jeff Morrison, executive director of CHRA, during the event. During their conversation, Jeff provided a behind the scenes look at how the 50th anniversary of the congress came together, what the internal goals were for the conference and how attendees would have the ability to shape the future with CHRA. “This year the challenge was that we had to do two competing things: reminisce and celebrate our evolution and success as an organization, as well as look forward to see what we can do with the future,” Morrison said. As part of the retrospective portion of the event, CHRA presented a video production which featured a historic look at the organization. Originating in 1968 as an offshoot of a National Association of Housing Redevelopment Officials chapter from upstate New York, CHRA/ACHRU has since grown to represent Canadian social housing providers...
CFAA Conference
Transformative Tech
Yardi returned as title sponsor and presenter at the Canadian Federation of Apartment Associations’ (CFAA) Rental Housing Conference, Canada’s premier event for apartment managers which took place on May 14-16 in Vancouver, B.C. “Yardi is proud to support and participate in educational events that bring together real estate industry leaders and managers to help further growth and innovation for businesses of all sizes in evolving markets,” said Peter Altobelli, vice president and general manager for Yardi Canada. This year’s conference focused on game-changing technology for the apartment industry, and Yardi was excited to participate in four dynamic educational sessions. Altobelli joined a roundtable to discuss the present state and future of technology in the rental housing industry — and how property managers can prepare for disruption. Tech Round Table: How to Surmount Barriers to Technological Advances Altobelli joined industry leaders Darren Henry, president at National Efficiency Systems Inc., Jeremy Jackson, vice president of marketing at Killam REIT and Geoff Younghusband, vice president of residential properties at Osgoode Properties, to address barriers that impede property managers from adopting useful new technologies, and how to surmount them. They covered getting the information you need to make informed business decisions and how to encourage your team to accept change and new ways of accomplishing tasks in your organization. For managers, they discussed how to gain quick wins with new tools and convince owners about the value of technology to reduce costs and gain new operational efficiencies. Online Platforms, Resident Services, Payments and Blockchain: The Future in the Rental Market Yardi’s Regional Director of Canadian Sales, Heather Brady spoke about new cutting-edge technologies that are rocking the rental market — focusing on online platforms with resident services including payments —and was joined by David Janoawski, founder and CEO...
Yardi Canada
The first 20 years
Collaboration. Community. Social responsibility. These might not be the first words that come to mind when talking about most global businesses, but for the people who work in the offices that comprise Yardi Canada Ltd., they come up often. Now celebrating 20 years in Canada, we talked to leaders in each office and asked them what it means to be “Team Yardi.” Beginning in Toronto “When I first started collaborating with Yardi to help establish the company’s footprint in Canada, our business was a four-person operation,” said Peter Altobelli, general manager and vice president of sales at Yardi Canada Ltd. Based in Toronto, Altobelli set up Yardi’s first office in Canada in 1998 which has grown to a staff of 200. With a vision of working to create a market in Canada through educating the industry about technology, Altobelli worked with Yardi to hit on a winning strategy. Through helping to establish new standards and best practices for real estate management companies, Altobelli is dedicated to helping Yardi clients in Canada prepare for and take advantage of the quantum changes brought on by tech disruption and innovation. And while helping clients grow and thrive is a key focus of Yardi’s mission, supporting staff to grow in their roles with increased knowledge and move forward on their career paths is also vitally important. Altobelli said, “We support our staff with learning opportunities and challenge them to grow into roles and expand their careers.” Synchronized in Saskatchewan The second phase of expanding into the Canadian market was Yardi’s acquisition of Point2 Technologies in 2010. With headquarters in Saskatoon, Saskatchewan, Point2 developed, marketed and supported web-based marketing software for real estate as well as inventory management, with customers in over 120 countries. About the transition to Yardi,...
Innovation Rules
Insight from ICSC Whistler
Technological shifts are revolutionizing business. Few other industries embody this reality more completely than the office and retail sectors, according to Heather Brady, national director of sales for Yardi Canada. Brady gave a presentation about how industrial, office and retail companies can use innovative technologies to improve decision-making at the recent International Council of Shopping Centers (ICSC) conference in Whistler, British Columbia. Brady’s presentation, “Embracing the Future through Technology and Business Transformation,” focused on the value innovative technologies can deliver for real estate companies seeking to improve decision-making and enhance competitiveness. Examples include automated solutions for deal making, customer relationship management, energy consumption controls and business intelligence. Brady noted that growth in shared workspaces and flexible work schedules epitomizes office innovation today. Full-time and part-time freelancers, independent contractors and on-demand workers are expected to account for up to 45% of Canada’s workforce by 2020. “This trend will increase demand for shared workspaces, which in turn will drive an increase in the number of tenants and the length of leases. The technology needed to manage shared workspaces will in turn become increasingly important,” she said. Meanwhile, e-commerce has penetrated 65% of Canada’s retail economy, led by books, movies, music, games, clothing and consumer electronics. In 2013, e-commerce was responsible for 4.5% of total Canadian retail sales; the forecast for this year is 8%. Around the world, the longstanding model of a mall anchored by a big-box retailer is no longer sufficient to draw foot traffic. “Bricks and mortar aren’t going away, but visiting a mall is starting to encompass more than merely shopping. Retail is transforming into an integrated, multichannel customer experience, including a strong digital presence and warehouses to support demand,” Brady said. “Also retailers are making their space “entertainment centers” featuring restaurants, clubs,...
Social Housing
Overcoming Tech Challenges
Peter Altobelli, vice president and general manager at Yardi Canada Ltd. and Sean Bremner, maintenance director at Baptist Housing, presented a session on Social Housing Technology to a packed room at Housing Central. The conference was held in Richmond, BC and hosted by the British Columbia Non-Profit Housing Association. During the presentation, Altobelli and Bremner explored how technology can improve organizational management and generate cost savings with high returns on investment. The presentation also gave attendees advice in preparation for change as they implement new technology. As vice president of a software provider that works with social housing organizations across Canada, Altobelli provided insight into the latest technology geared for non-profit housing managers. “The crucial value-adds that an organization will realize with the use of technology are automating tasks, improving the user experience with better tools to increase productivity, and simplifying staff management,” said Altobelli. Altobelli spoke about how automated processes are most effective when based in the cloud and optimized for multiple web browsers, including tablets and smartphones. Putting those solutions in the cloud makes it easier to create effective access for tenants and prospects, property and financial management and maintenance management. “When you are able to access accounting, budgeting, inspections, maintenance, energy and resident management data all on one system, it enables increased productivity for your entire team,” Altobelli said. Bremner presented a case study of how his organization, Baptist Housing, overcame internal challenges with technology. Focusing on maintenance workflows, Bremner described how former processes that required manual, handwritten notes often omitted relevant details, made it difficult to access active maintenance requests, created scheduling challenges and limited the capability of Baptist Housing to report on current and past maintenance requests. “We adopted a cloud-based software solution that drastically changed our maintenance program....
Managing Disruption
Insights from Yardi Canada
The spotlight shone on Yardi Canada for much of late November and early December at major industry events in Toronto. The company was the closing roundtable sponsor at the Global Property Market Real Estate Forum and sponsored the Toronto Real Estate Forum’s keynote session. Yardi Canada was also the top-level Title Sponsor and staffed a booth at PM Expo, the property managers’ exposition portion of The Buildings Show, Canada’s largest event for the design, architecture, construction and real estate communities. Yardi was also the Platinum Sponsor for the Federation of Rental-housing Providers of Ontario (FRPO) 2017 MAC Awards gala, a dinner and awards show that recognized excellence in rental housing advertising, construction and renovations, environmental excellence, customer service and other categories. Peter Altobelli, vice president of sales and general manager for Yardi Canada, presented at PM Expo’s “Disruptive or Transformational Technology: Understanding the Impacts for Property Managers and Owners” session. Peter began the session by clarifying that disruption may be defined as an outside force that mobilizes technology transformation within an organization. We have seen these types of disruption in the way we access and use data analytics to inform business decisions and the way in which we store information in the cloud. An organization’s ability to transform through technology is the key force in maintaining their competitive stance in the market. “It’s all about changing a mindset and using advanced technology that can perform various business operations in new ways,” he said. “Disruptive automation technologies can give property managers new insight into leasing, energy management and other operations that improves decision-making.” Yardi Canada was active in another session at PM Expo as Martin Levkus, regional director for Yardi Energy, Sales, moderated a discussion among three building energy management experts in the “Energy Data...