Yardi Receives “Best Property Management Software” Award from Apartment Finance Today Readers


SANTA BARBARA, CA, November 25, 2005 — Yardi announces its receipt of the Apartment Finance Today Readers’ Choice Award in the category of “Best Provider of Property Management Software.”

The Readers’ Choice Awards is the only recognition program of its kind in the multifamily industry. To obtain feedback from its readers, Apartment Finance Today commissioned Research USA, Inc. to conduct a mail survey asking AFT readers to tell them which service providers are doing an outstanding job in the multifamily industry. Responses were then broken down by the regions in which the responding firms operated.

Yardi seems to have the equation down because Apartment Finance Today readers chose the company as the best provider of property management software for the fourth year in a row. “When it comes to property management, Yardi Systems knows that size isn’t the only thing that matters. After all, no matter the size and scope of a multifamily housing community, a few key components still apply to any property management solution: having an easy-to-use system that gets property managers organized and keeps a facility running smoothly,” writes Susan Ashworth of AFT.

Yardi has found success by remaining “a technology leader who has consistently delivered products years ahead of other vendors,” says Terri Dowen, senior vice president at Yardi, pointing to the company’s release of Windows- and Web-based systems ahead of its competitors. More information about the 2005 AFT Readers’ Choice Award may be found by visiting http://www.housingfinance.com/aft/articles/2005/nov-dec/024_AFTnovdec05.htm.

About Yardi
Yardi Systems, Inc. is the global leader in the design, development and support of asset and property management software for multinational organizations of all sizes. Yardi’s innovative technology and services are client-driven and enhance workflow by integrating property management, financial reporting and a centralized database into one system.

Yardi is a privately held corporation with headquarters located in Santa Barbara, California and regional offices in throughout North America, Europe and Asia-Pacific. 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