Industry Expert Joins Affordable Housing Sales Team at Yardi

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Former HUD official Deborah Lear brings extensive program management and client relationship experience to executive sponsor role

SANTA BARBARA, CALIF., March 18, 2014 –Yardi announced today the hiring of Deborah Lear as executive sponsor for its affordable housing market. Lear is a nationally recognized multifamily housing veteran with more than 30 years of experience in the industry.

Lear most recently served as director of the Office of Housing Assistance Contract Administration for the Department of Housing and Urban Development in Washington, D.C. She has extensive expertise with programs such as Performance Based Contract Administration, funding and oversight of rental subsidies, and multifamily asset management. Her career experience encompasses numerous departmental initiatives at HUD including Special Assistance Workout Team, Section 8 Contract Implementation Team and Safe Neighborhood Action, along with interdisciplinary training and disaster policy development and implementation.

Lear’s role will include outreach to educate users of the Yardi Voyager® single-stack solution, management of client relationships, coordination of a discussion platform for managers of affordable housing, and oversight of traditional sales activities. “Deborah’s expertise, leadership, and success within the multifamily industry will bring a new dimension to our group,” said Mark Livanec, vice president of affordable housing and PHA sales for Yardi. “We expect Deborah’s experience at HUD, particularly with project-based contract administration, will enable Yardi to provide even better service to our customers.”

“I’m excited to join the Yardi team and to be able to sustain my interest in the application of technology for the affordable housing industry,” said Lear. “I’m also pleased that I’ll be able to maintain my industry relationships while fostering new partnerships with the affordable housing experts here at Yardi.” Lear will be based in Yardi’s office in Silver Spring, Md.

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 for public and private sector organizations. With the Yardi Multifamily Suite™, Yardi Commercial Suite, Yardi Investment Suiteand Yardi Orion Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. 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.