MultiGreen Properties Attracts New Investors with Yardi Investment Manager

Tech-enabled multifamily corporation turns to Yardi Investment Manager to streamline online fundraising, investor relations, and investor capital transactions

SANTA BARBARA, Calif., August
6, 2020 –
Real estate development and operating
company MultiGreen Properties has selected Yardi® Investment Manager as they continue to expand in the sustainable,
attainable, and tech-enabled multifamily housing industry.

Investment Manager will improve
MultiGreen’s communications with current and prospective investors, ultimately
helping them achieve their goal of growing to 40,000 units. Using Investment
Manager’s CRM capabilities MultiGreen will quickly and easily manage all their investors’
communications and profile information starting with fundraising through to
capital investor transactions. The online portal gives investors unparalleled
access to dashboards with a full portfolio view and insight into investment-specific
key metrics, as well as all current and historical documents.

“Yardi Investment Manager
will provide us with a centralized database to track all investor activity and
grow our investment opportunities. As investments grow, we will leverage Yardi
Investment Accounting to handle all our financial reporting needs,” said Rachel
Rosenthal, director of investor relations and client services at MultiGreen.

The next phase of MultiGreen’s implementation includes property management and accounting platform Yardi® Voyager, Yardi® Job Cost and the Yardi® Procure to Pay Suite, which will establish a vertically integrated solution for construction development and asset management. The Voyager implementation and ongoing accounting services will be delivered by RealFoundations’ management consulting and managed services teams.

“Prior to launching our
platform, MultiGreen intentionally chose RealFoundations to leverage their
expertise as an implementation partner and to evaluate Yardi’s unified
offerings,” said Randy C. Norton, CEO of MultiGreen. “Operationally, our number
one goal is to report all aspects of financial performance, with our proprietary
ESG impact scorecard, to our 60 leading families of the world. It was only
possible with a managed services partner and a single solution that scales as
our business grows.”

“We are very excited that
MultiGreen Properties has chosen Yardi’s single connected platform to propel
them toward their goal of 40,000 units,” said Terri Dowen, senior vice
president of sales for Yardi. “We look forward to continuing to implement
additional solutions that will bring greater goals to reality for MultiGreen
and their investors.”

Download a brochure to learn more about Yardi Investment Manager.

About MultiGreen
Properties

MultiGreen Properties is a real estate development and operating company dedicated to the construction of attainable, sustainable and technology-enabled multifamily properties. MultiGreen Properties was co-founded in 2019 by Green Mesa Capital, a single family office, and i(x) investments, a permanently capitalized company, providing a historic opportunity to create economic growth and catalytic social impact in housing supply-constrained markets. The mission of MultiGreen Properties is to be a Top 25 Owner of newly constructed multifamily homes by 2030, and to be recognized as a global leader in sustainable entry-level housing. MultiGreen specializes in the neighbor living experience platform provided by our Building-as-a-Service (BaaS). For more information, visit multi.green

About
Yardi

Yardi®
develops and supports industry-leading investment and property management
software for all types and sizes of real estate companies. Established in 1984,
Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more
information on how Yardi is Energized for Tomorrow, visit yardi.com.