Small commercial developer anticipates gaining more insight into their business with new property management and accounting platform.
SANTA BARBARA, CALIF., Oct. 21, 2015 – Castle Development and Estate Management recently sought a new technology platform to make its financial information more accessible and understandable. The commercial development and asset management company found its solution in Yardi Genesis²™, a mobile, Web-based, and cloud-hosted platform for owners and managers of small to mid-sized residential and commercial real estate portfolios.
“Genesis² was the only platform we could find that was in our budget and yet contained all of the functions we needed,” said Marty Liljenquist, a property manager for Castle Development and Estate Management. “With Genesis² we can save money and gain a better understanding of our financial operations by preparing reports and consolidations in-house rather than outsourcing them. The savings will go toward purchasing additional properties to manage. We also have the option to add other Yardi products for managing business operations as we grow.”
“Yardi® is pleased to add Castle Development and Estate Management to our growing list of Genesis² clients. Along with providing core functions such as automated accounting, common area maintenance reconciliations, reporting and correspondence, Genesis² holds value for clients who anticipate future online marketing and tenant service needs,” said Terri Dowen, senior vice president of sales for Yardi.
About Castle Development and Estate Management
Castle Development and Estate Management of Oakdale, Calif., has one shopping center and two undeveloped properties that are being held for future development.
About Yardi
Now in its fourth decade, Yardi® is committed to the design, development and support of software for real estate investment management and property management. Yardi has two platforms to choose from: Yardi Genesis²™, with its Yardi Genesis² Suite for smaller real estate firms; and the more comprehensive Yardi Voyager® platform for mid- to large sized property owners, managers, and investors. With the Yardi Multifamily Suite™, Yardi Commercial Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence, Yardi Voyager is a complete real estate management solution. Both platforms include operations, accounting and ancillary processes and services with mobility for residential and commercial portfolios. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in North America, Asia, Australia, Europe and the Middle East. For more information, visit www.yardi.com.