SANTA BARBARA, CA, June 30, 2005 — Yardi Systems is pleased to announce that Morgan Properties has demonstrated its commitment to excellence by selecting Yardi Voyager to manage its residential portfolio.
Morgan Properties manages 52 apartment communities with nearly 17,000 units in Pennsylvania, Delaware, New Jersey, Florida, Ohio, Indiana, Maryland, South Carolina, Georgia, Virginia and Nebraska. Yardi Voyager will streamline the company’s operations by providing a Web-based property management system with fully integrated general ledger accounting, e-banking, and flexible reporting capabilities.
Established in 1985 by Mitchell L. Morgan, Morgan Properties is the largest privately held residential property management company in the greater Philadelphia area. Employing more than 500 people, the company takes pride in its highly qualified staff and the strong teamwork that have established it as the leader in a competitive field. With Yardi Voyager, employees will have real-time access to crucial information and enjoy the benefits of a system that is both powerful and easy to use. Yardi’s numerous productivity-enhancing features will strengthen the company’s ongoing commitment to excellent management, maintenance and customer service.
About Morgan Properties
Established in 1985 by Mitchell L. Morgan, Morgan Properties is a real estate investment, development and management company. Morgan Properties currently owns and manages 52 apartment communities with nearly 17,000 units in Pennsylvania, Delaware, New Jersey, Florida, Ohio, Indiana, Maryland, South Carolina, Georgia, Virginia and Nebraska.
As one of the nation’s leading apartment management companies, Morgan Properties has been creating the standards that others have followed for many years. The organization is built upon a commitment to excellence, and its highly qualified staff continually achieves the company’s goal of being a leader in the field. Morgan Properties’ award-winning employees are dedicated to providing residents with a quality residential living experience every day. The ongoing commitment to quality customer service, management, maintenance and marketing has made the Morgan Properties portfolio one of the fastest growing in apartment and town home living. For more information about Morgan Properties, visit www.morgan-properties.com.
About Yardi
Since 1984, Yardi Systems, Inc. has been the industry leader in the design, development, and support of software solutions for the real estate industry. Yardi’s advanced technology offers asset and property management solutions for every size operation.
Yardi is a privately held corporation with headquarters in Santa Barbara, California and regional offices throughout North America and Europe. More information on Yardi products and services may be found by visiting www.yardi.com
or calling 888.866.1144.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255