CLIENT SUCCESS STORY
Denholtz
Denholtz is a leading privately held investment management firm, bringing a highly innovative approach with institutional execution to commercial real estate.


Markets
Portfolio
$2 billion real estate portfolio
50+ assets totaling 7.8 million square feet across key U.S. markets
Client Since
2001
About
It’s very important to connect operating metrics and financial metrics on the same page and see how everyday decisions affect financial results.
Alexander Kotlyarevsky
Chief Financial Officer, Denholtz
Yardi was the golden standard 20 years ago—and it’s still the golden standard today.
Alexander Kotlyarevsky
Chief Financial Officer, Denholtz
Products featured
The benefits
Denholtz uses the single connected Yardi platform to unify financial and operational data, strengthen energy and facilities oversight and position the company for future development and long-term growth.
The company
Denholtz is a development-driven, privately held real estate investment firm with a diversified portfolio of industrial and commercial assets. With a leadership team anchored by strong financial discipline, the company prioritizes technology that delivers transparent reporting, operational alignment, and measurable performance outcomes.
The challenge
Limited visibility from fragmented systems
Alexander Kotlyarevsky, CFO, has worked with multiple industry platforms but continues to view Yardi as the gold standard for purpose built real estate technology.
However, he also recognized a common industry challenge: while accounting teams typically embrace Yardi, operations teams can tend to adopt software more slowly or inconsistently. This results in fragmented data, limited visibility and lost opportunities to link operating metrics with financial outcomes.
To close system gaps and optimize performance, Denholtz needed:
- Standardized metrics and reporting
- Greater alignment between financial and operational teams
- Tools to support development workflows, facilities oversight and energy management
- A scalable foundation to support future strategic growth
The solution
Yardi Voyager Commercial
A Yardi client since 2001, Denholtz has consistently sought ways to expand its use of the connected platform to maximize portfolio insight and operational efficiency.
Voyager
Voyager serves as Denholtz’s core financial management system, supporting real estate accounting, budgeting and reporting across the portfolio.
BI integration
Denholtz layers its own BI tools on top of Yardi data to produce consistent KPIs and dashboards. This allows the team to connect leasing activity, operational metrics and financial results on a single page—driving stronger decision-making across the organization. “It’s very important to connect operating metrics and financial metrics on the same page and see how everyday decisions affect financial results,” said Kotlyarevsky.
Yardi Energy Solutions (in progress)
With deep expertise in energy auditing, Kotlyarevsky is leading an initiative to evaluate and expand adoption of Yardi Energy Solutions. The goal:
- Capture and validate meter data
- Track vacant recovery
- Monitor consumption and rate structures
- Identify sustainability and cost-saving opportunities
Yardi Construction Manager & Yardi Facility Manager (planned)
As Denholtz continues to expand its development pipeline, these integrated solutions from the Yardi Elevate Suite are regarded as essential for:
- Managing project budgets
- Reducing risk
- Enhancing lifecycle planning
- Centralizing facilities oversight
The story
Full-platform adoption
Drawing from experience across multiple organizations, Kotlyarevsky emphasizes the importance of using Yardi to its full potential—not just for accounting. He notes that many firms limit themselves by failing to enter foundational operational and asset data, which creates confusion and reduces long-term visibility. “If you define what you want to measure, you can challenge Yardi to deliver it—because in most cases, the platform already can,” said Kotlyarevsky.
Connecting operations to financial results
Denholtz’s BI approach ensures that leasing metrics—such as leads, tours and executed leases—are directly connected to portfolio-level financial performance. This creates a unified narrative across departments and helps leadership understand how daily actions influence long-term value.
Prioritizing energy and sustainability
With energy expertise in house, Denholtz is committed to maximizing the value of Energy Solutions. The company aims to bring full transparency to utility consumption, billing and recovery while leveraging data to support ESG initiatives.
Preparing for the future of development
Construction Manager and Facility Manager are the next steps in Denholtz’s technology roadmap. As the company grows its development pipeline, these tools will help reduce uncertainty, manage project risk and maintain visibility from ground-up construction through ongoing operations. “My objective is full implementation to drive cost savings and accountability,” said Kotlyarevsky. He believes Construction Manager and Facility Manager are key components to support the company’s responsible, scalable growth on the connected Yardi platform.
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