Yardi’s multifamily property marketing, leasing and resident services platform reaches 5 million live units and $2 billion in monthly transactions
SANTA BARBARA, Calif., June 11, 2018 – Yardi® reports that its RentCafe® solution set new product adoption records in the first quarter of 2018. RentCafe is a property marketing, leasing and resident services platform for multifamily property management companies and the foundation of the Yardi® Marketing Suite.
Data for the months of January, February and March shows that more than 5 million units are now using RentCafe and the platform is processing $2 billion per month in payments.
These numbers reflect a pattern of sustained growth. In 2017, RENTCafé adoption increased 34%, ending the year with 4.7 million live units.
“We expect to see these figures increase throughout 2018 as we continue to strengthen the product with new features designed to help our clients attract prospects, convert leads and retain residents,” said Patrick Lawler, director of RENTCafé product development at Yardi.
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Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, California, and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.