Yardi offers help for Hurricane Harvey victims
Santa Barbara-based property management software provider Yardi will attempt to help tens of thousands of people affected by Hurricane Harvey by using its RENTCafé property marketing and leasing platform to create a housing registry website that will help displaced residents find temporary and permanent homes, according to a Sept. 1 news release. The website RENTCafe.com/HurricaneHarvey Read More →
Goleta-based AppFolio reports first ever quarterly profit
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Australian firm using Yardi Systems software
Melbourne, Australia-based property investment and management firm DBR Property Services has adopted the Yardi Voyager property management software developed by Goleta-based Yardi Systems, Yardi announced on Jan. 4. DBR, which manages and advises high net worth families in Australia, will also implement Yardi’s Advanced Budgeting and Forecasting software that is integrated with Yardi Voyager’s tenant Read More →
AppFolio second quarter revenues up, net loss down
AppFolio raised its financial outlook for the year as revenues increased sharply and losses narrowed in the second quarter, the company said Aug. 8. AppFolio, a Goleta-based developer of property management software for small- to medium-sized property managers, raised full-year financial-guidance estimates to a range between $103 million and $105 million Aug. 8. Previous estimates Read More →
AppFolio beats revenue estimates but misses on loss per share
AppFolio beat revenue estimates but slightly missed net-loss-per-share estimates when it reported first quarter earnings results May 9. AppFolio, a Goleta-based developer of property management software for small-to-medium sized property managers, posted revenues of $23.2 million during the first quarter, up from $15.8 million in 2015 and slightly trumping analysts’ estimates of $22.23 million, according Read More →
Yardi adds 200 employees with purchase of billing company
Yardi Systems said May 17 that it purchased Ista North America’s Multifamily Services Group, a business that provides utility billing services for owners and managers of apartment complexes. The deal brings 200 employees into Yardi’s fold. Goleta-based Yardi makes property management software for apartment complexes. With about 350 employees, it’s one of the largest private Read More →
