Property owner and manager will use the property management and accounting platform to manage more than 485 leases at key transportation links
SANTA BARBARA, CALIF., Oct. 23, 2012 – Yardi announced today that the Port Authority of New York and New Jersey (the Port Authority) will adopt Yardi Voyager™ as its real estate lease administration and database system.
Yardi Voyager will serve as the data source for all of the Port Authority’s properties, leases and permits. The Port Authority will use Yardi Voyager for property management, lease administration, marketing, pricing strategy, workflows, report generation and document storage involved in acquisitions, dispositions and other property transactions.
The Port Authority’s real estate and development arm manages commercial space at John F. Kennedy International Airport, LaGuardia Airport, Newark Liberty International Airport, five marine terminals, three bus terminals, the PATH rail transit system and the 16-acre World Trade Center site.
“Yardi is excited to work with an organization of the Port Authority’s size and magnitude. We will bring our full real estate and asset management expertise to bear in helping the Port Authority serve the millions of people who rely on it for crucial services,” said Terri Dowen, senior vice president of sales for Yardi.
Other port and transportation authorities across the U.S. that utilize Yardi software solutions to manage their real estate operations include the Metropolitan Transportation Authority of New York and the Port Authority of San Antonio.
About Yardi
Yardi has been committed to the design, development and support of real estate investment management and property management software for 30 years. With the Yardi Commercial Suite™, Yardi Multifamily Suite™, Yardi Investment Suite™, and Yardi Orion™ for SharePoint®, the Yardi Voyager™ platform is a full business real estate management platform. It includes operations, accounting, and ancillary processes and services with portfolio-wide business intelligence. Yardi serves clients around the world from offices in North America, Asia, Australia and Europe. More information about Yardi products and services is available at www.yardi.com.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255