Lerner Selects Yardi Voyager for Property Management and Accounting Software


SANTA BARBARA, CALIF., June 09, 2011 – Yardi announced today Lerner Enterprises has selected Yardi Voyager™ as its new property management and accounting platform.

Voyager will give Lerner an integrated platform to manage the entire commercial and retail tenant lifecycle, from lease negotiations and execution to billing, reconciliations and final settlement, on one platform.

“The ability to track construction jobs, budgets, invoices and analytics in a centralized system means we’ll no longer need to import, export and manage disparate worksheets, improving worker productivity,” said Jason Zachariah, managing director of IT for Lerner.

“We are pleased to give Lerner a platform that will serve all of their current and projected property management and accounting needs. Voyager is also a platform onto which Lerner can easily add products for automated property valuations and future cash flow calculations, customer relationship management, online marketing and tenant services and other operations,” said Richard Malpica, vice president and general manager for Yardi’s Eastern region.

About Lerner Enterprises

Lerner Enterprises (Lerner.com) of Rockville, Maryland, founded by Theodore N. Lerner in 1952, is Washington, D.C.’s largest private real estate developer and is involved in all phases of commercial, residential, retail, hotel and mixed-use real estate. This includes planning, development, construction, leasing, asset and property management. Lerner has developed and currently manages more than 15 million square feet of office buildings, retail centers and residential communities.

About Yardi

Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for nearly 30 years. With its Yardi Multifamily Suite™, Yardi Commercial Suite™ and Yardi Investment Suite™, the Yardi Voyager™ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Asia, Australia, Europe 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