SANTA BARBARA, CALIF., Oct. 16, 2008 – Yardi Systems, a leader in developing real estate software for investment, asset, and property management, announced today that real estate investment firm Centaurus Investments has successfully implemented Yardi Voyager™ Residential, an integrated system for multifamily real estate management, as its new accounting and property management solution.
Following a contract signing in May, Centaurus rolled out Voyager Residential to 17 of its Texas properties encompassing 5,400 units over the subsequent four months. Centaurus also selected Yardi’s Application Service Provider hosting service.
Voyager Residential combines accounting and property management information in a single, centralized database, delivering system-wide transparency and optimizing control over a range of management tasks.
“When we sought to replace our accounting software earlier this year, we wanted to explore options for a new property management solution as well. Voyager met both of those requirements with one integrated solution,” said Sean Bukowski, Centaurus’ chief operating officer. “Yardi’s reputation in the real estate industry is excellent, and we knew that everything would go smoothly if we selected them. Voyager is very easy to use, and employees in both our accounting and property management operations are very happy with it.”
“We are delighted to welcome Centaurus as a new client and begin what we hope is a long-term association,” said Terri Dowen, Yardi’s senior vice president of Sales. “Yardi looks forward to helping Centaurus achieve its property investment and management goals with a solution that encompasses critical portfolio management functions in one suite.”
About Centaurus Investments
Centaurus Investments, based in Dallas, is a real estate investment firm specializing in the acquisition and operation of multi-family investment properties in Texas. Centaurus aims to provide investors with above average current returns and capital appreciation through short to medium term investments in apartment communities. Its equity partners include some of the leading real estate institutions in the world, as well as individuals and private equity funds. Since 2004, Centaurus has facilitated the acquisition of over $250 million in real estate assets. Its current portfolio consists of more than 6,000 apartment homes. More information about Centaurus Investments is available at www.centaurusinv.com.
Yardi Systems is committed to the design, development, and support of real estate software for investment, asset, and property management, serving organizations of all sizes. For more than 25 years, Yardi’s technology and services have led the industry through responsiveness and innovation, becoming the premier application for real estate software solutions worldwide. Yardi’s software is client-driven and serves more than 15,000 businesses, corporations, and government agencies, representing more than 7 billion square feet of commercial space and 8 million residential units globally.
Headquartered in Santa Barbara, Calif., Yardi Systems has offices throughout the United States, Canada, Europe, Asia, and Australia. More information about Yardi products and services may be found by visiting www.yardi.com.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255