Toronto real estate firm plans for growth with cloud-based property management and accounting software
TORONTO, September 6, 2017 — Cacoeli Asset Management has selected a single platform solution from Yardi to streamline operations for its residential property management team. Cacoeli adopted Yardi® Genesis2™, cloud-based property management and accounting software for small to mid-size businesses. RENTCafé® for Genesis2 will also be deployed as its integrated marketing and resident services solution.
Cacoeli purchases and manages apartment communities for investors. Jedidiah Liu, founder and CEO at Cacoeli, wanted software that was mobile, included detailed reporting and offered a resident portal to improve renter communications and services.
Of potential providers, Genesis2 met these requirements and included tools adapted to Canadian property management. The platform is the only system that can automatically generate time-consuming N1 and N4 forms. It also manages payments in Canadian dollars instead of U.S. dollars. “Yardi has a Canadian workforce and support team that understands our needs,” said Liu.
“Genesis2 has all the functionality we were looking for at an affordable price,” she continued. “We look forward to working with Yardi because we know we will not only have access to the best tools but also be able to remain with the same software provider when our growth expands beyond our current solution.”
“Genesis2 will help Cacoeli achieve its goal of growth while optimizing operations at each property,” said Peter Altobelli, vice president of sales and general manager at Yardi Canada. “Cacoeli can look forward to significant time savings as a result of the automated workflows, marketing integration and Canadian-specific features built into Genesis2.”
About Cacoeli Asset Management Inc.
Cacoeli is a private real estate investment company that creates value for its investors and for assets under its management. Cacoeli’s goal is to bring investors a step closer to financial security, so they can pursue their own passions and dreams. With that goal in mind, Cacoeli seeks real estate projects that can add a tremendous amount of value to maximize overall return-on-invested capital. Learn more at cacoeli.com.
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of residential and commercial 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.