Yardi announced today that Boston-based Berkshire Group has switched to the fully mobile Yardi Voyager® real estate platform to manage its multifamily portfolio on behalf of institutional clients worldwide.
When selecting a new property management and accounting system, Berkshire Group required an end-to-end solution with a single database that delivers superior security and powerful investment management tools.
“Moving to the Yardi Voyager single stack platform will provide greater efficiencies in our daily operations,” said Dan Robertson, vice president of information technology for Berkshire Group. “Not only are we saving money, but we are also enhancing, streamlining and automating our investor reporting. Yardi also increases our level of comfort around cyber security mitigating risk. These are key competitive advantages in managing a portfolio as large as ours.”
Berkshire also sought consolidation with one vendor. Robertson continued,“Berkshire is very client focused, and we expect that from our vendors. Yardi brings the benefit of working with a single, reliable vendor who stands behind their solutions.”
As part of the Yardi Voyager platform, Berkshire Group will be using Yardi Payment Processing™, Yardi Resident Screening™, ResidentShield® Protection Plan™, Yardi Orion® Business Intelligence, Yardi Investment Management™, Yardi InvestorPlus™, Yardi eLearning™, Yardi LeasingPad CRM™, RENTCafé® Connect™, and RENTCafé® for online marketing, leasing, and resident services.
“It delights us that Berkshire Group, nationally recognized for investing in and operating apartment communities, is leveraging the Yardi Voyager platform to achieve cost savings and better serve their investors,” said Terri Dowen, senior vice president of sales for Yardi.
About Berkshire Group
Berkshire Group (berkshire-group.com) is a real estate investment management company known for its multifamily investment and operational experience. Berkshire deploys capital primarily through equity, debt and development in the multifamily arena, as well as through opportunistic ventures in other real estate sectors such as senior housing, lodging, and medical offices. Over more than four decades, Berkshire’s team of industry leaders has gained a reputation for being able to identify opportunities and effectively manage through various economic environments, establishing a long-term track record of solid performance based on thoughtful, leading edge strategies, and operational experience. The Company has experience across the multifamily real estate spectrum in disciplines including acquisitions, portfolio and property management, debt, development and redevelopment. Berkshire, a registered investment advisor, is headquartered in Boston and has offices in Atlanta, New York, Baltimore, Dallas, Houston and San Francisco. As of September 30, 2015, Berkshire Group had approximately $6.0 billion in assets under management.
Now in its fourth decade, Yardi® (yardi.com) is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Multifamily Suite™, Yardi Marketing Suite™, Yardi Commercial Suite™, Yardi Investment Suite™ and Yardi Orion® Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes 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.