Real estate fund and property manager will add budget forecasting to its core software platform
SANTA BARBARA, Calif., Feb. 16, 2017 – TDA Investment Group has adopted technology from Yardi® that will support growth in both its property management and real estate fund investment operations.
Yardi Voyager® and Yardi Investment Management™ will automate TDA’s property management, accounting and investment cycles. The company will receive precise budget projections and forecasts by adding Yardi Advanced Budgeting & Forecasting™.
“With our assets under management growing steadily, Voyager and Investment Management will save staff time and effort by automating consolidations and rollups. We won’t have to track returns in spreadsheets and import them to other programs. We’ll also have the capability to evaluate the budget risks and benefits of our ground-up construction projects,” said Alan Ng, senior analyst for TDA. “Further, should we elect to launch a commingled fund, Yardi Investment Management will provide a solid foundation for controlling and analyzing all fund data.”
“Being able to perform multiple business operations investment within one platform will help TDA efficiently execute a business strategy that drives superior returns for clients, excellent service and investor confidence,” said Terri Dowen, senior vice president of sales for Yardi.
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About TDA Investment Group
TDA Investment Group of San Mateo, Calif., manages pension funds and originates comprehensive commercial real estate loans and commercial properties owned by its clients. For more information, visit www.tdainc.com.
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, visit www.yardi.com.