New Yardi Genesis2 Platform Hits the Market

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Innovative features including online rent payments empower owners and managers of small to mid-sized portfolios with a complete Web-based real estate management platform

SANTA BARBARA, CALIF., October 16, 2014 — To meet the needs of multitasking owners and managers of small to mid-sized residential and commercial real estate portfolios, Yardi released Yardi Genesis2— a technology-enhanced and feature-rich platform upgrade to its Yardi Genesis™ product. The new platform is mobile, Web-based, and cloud-hosted with a single database and best-practice workflows for leasing, maintenance, accounting, reporting, and more.

Designed with both residential and commercial portfolio operators in mind, Yardi Genesis2 includes an integrated general ledger with streamlined accounts receivable and accounts payable along with features for multifamily such as online rent payments, automated common area maintenance (CAM) reconciliations for commercial, and overage tracking for retail clients. Plus, a suite of add-on products is available for each market that seamlessly combines with the platform to provide a full-business ‘stack solution.’

The ability to work from a mobile device offers great convenience and flexibility. According to Cherise Crittenden, property manager at LEVEL Urban Apartments, “Yardi Genesis2 is an easy-to-use tool for our leasing and maintenance staff to quickly look up tenant information. I love the web-based platform for the convenience of working from a tablet.”

For clients who are used to doing it all, Yardi Genesis2 provides every tool they need in one platform — and doesn’t require expertise in any area, such as accounting, to get maximum benefits. “Yardi Genesis2 performs like a virtual staff, as it simultaneously handles multiple aspects of the business for operators who wear many hats. Exciting features increases engagement with residents, and the platform is easily scalable as your company grows,” said Terri Dowen, senior vice president of sales for Yardi.

Visit Yardi at the NARPM® Convention and Trade Show on October 22-24 at Booth #65 and learn how Yardi Genesis2 can transform your business.

About LEVEL Urban Apartments

Located in Oklahoma City, LEVEL Urban Apartments is a modern, affordable and livable mixed-use community. LEVEL is set in a contemporary four-story building, complete with 228 apartment units, an internal parking garage, and retail spaces on the ground level. For more information, visit www.levelokc.com.

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 offers Yardi Genesis2 designed for small to medium-sized companies, and Yardi Voyager® with Yardi Multifamily Suite™, Yardi Commercial Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence for a complete real estate management platform featuring solutions for 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.