SANTA BARBARA, CALIF., April 4, 2011 – Yardi announced today that The Graham Companies have selected Yardi Voyager™ as the new property management and accounting platform for their commercial and residential assets.
During a recent internal performance review, The Graham Companies concluded that managing an increasingly diverse portfolio that includes commercial and residential properties, golf and spa resorts, hotels and farming operations required a new platform that would provide them more flexibility.
“We have 500 commercial tenants and every lease is different, so Voyager’s ability to accommodate all the various terms is very attractive to us. Voyager will also handle our accounts payable and general ledger operations efficiently and calculate common area maintenance recoveries quickly and accurately,” said Andre Teixeira, executive vice president and chief financial officer for The Graham Companies. “For our residential properties, Voyager will enhance enterprise-wide oversight and allow us to change pricing rules quickly across the portfolio.”
“Along with meeting The Graham Companies’ current needs, Voyager can be easily extended to accommodate their future needs as well. These include budgeting and forecasting, job costing, online tenant and resident self-services, and other operations,” said Terri Dowen, senior vice president of sales for Yardi.
About The Graham Companies
Established by brothers Phil, Bill and former U.S. Sen. Bob Graham (D-Fla.), the Graham Companies, based in Miami Lakes, Fla., operate in three business segments. The Real Estate segment consists of land owned by the company that awaits development; land being developed; over 4 million square feet of office, industrial and retail properties and land leases; and 1,500 rental apartment units in the Miami Lakes area. The Hotel segment consists of Don Shula’s Hotel & Golf Club, Shula’s Athletic Club, The Spa at Shula’s, Shula’s Steak House, and Hotel Indigo. The Farming segment consists of dairy and sugar cane operations in central Florida and timber, pecan, and beef cattle operations in southwest Georgia. For more information, visit www.miamilakes.com.
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