Florida-based company leverages integrated platform for growth and more efficient management of 30-million-square-foot portfolio of single-tenant retail properties
SANTA BARBARA, CALIF., April 11, 2012– Yardi announced today that Kin Properties Inc. has selected Yardi Voyager™ as its new commercial property management software and accounting platform.
Seeking more efficient management of a growing and widely dispersed portfolio, Kin Properties recently explored alternatives to the Windows®-based property management and accounting system that it had used for 25 years. The company’s current and anticipated portfolio required a dynamic platform that encompassed a range of key commercial property management operations. Kin Properties’ search concluded with the selection of Yardi Voyager.
To maximize the seamless workflow available with the Voyager platform, Kin Properties also selected Yardi CHECKscanTM to reduce check processing time through bulk scanning, auto charge matching, and images stored directly in Voyager.
“As we examined our existing technology in terms of our growth plans, we realized that only Yardi Voyager—a proven, dedicated commercial property management platform—was up to the task,” said Wayne Feldman, treasurer for Kin Properties. “We pride ourselves on being a family-run business, and we are glad that Yardi will now be part of our extended family.”
“Yardi looks forward to adding one of the country’s most prominent single-tenant retail owners to our commercial property management client base. Additionally, we are pleased that Kin has also looked to Yardi Professional Services Group to provide the delivery of implementation services,” said Richard Malpica, vice president and general manager for Yardi’s Eastern Region.
About Kin Properties Inc.
Kin Properties Inc., based in Boca Raton, Fla., is a privately held commercial real estate investment company and has been in business for almost 50 years. Its principal activities are the acquisition, ownership and management of free-standing, net leased, single-tenant properties. The company owns approximately 800 separate properties totaling more than 30 million square feet in 45 U.S. states and Canada. Its tenants include many of the largest and most recognizable companies in the U.S., as well as Main Street “mom-and-pop” entrepreneurs. Tenants in multiple locations include CVS, Macy’s, Home Depot, Sears, Toys “R” Us, Walgreens, Office Max, Kmart, Office Depot, Rite Aid, Safeway, Target, Walmart and Whole Foods. For more information, visit www.kinproperties.com.
Yardi has been committed to the design, development and support of real estate management software for 30 years. Yardi offers one of the most comprehensive property management software platforms on the market today, including a full business suite of products designed specifically for office, industrial and retail property management. Yardi serves clients around the world from offices in Asia, Australia, Europe, Middle East and North America. More information about Yardi products and services is available at www.yardi.com.
Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255