SANTA BARBARA, Calif.--(BUSINESS WIRE)--Fogelman Properties, a Yardi® client since 2004, has adopted Yardi® Matrix to further benefit the principal elements of its business: property management and real estate investment.
Yardi Matrix compiles market and property-level research for underwriting real estate loans and investments. “We’ll use Yardi Matrix data about supply, demand, sales, loans, leases and other factors to identify markets we might consider investing in,” said Mark Fogelman, president of Fogelman Properties. “It will also provide data on comparable properties to help us benchmark the performance of properties we currently own against the competition. Yardi Matrix will be a major contributor to profitable investments and informed property management.”
Yardi Matrix is the latest addition to the single connected Yardi platform Fogelman uses for property management, accounting, renters insurance, resident screening, lead tracking and management, and online payment processing.
“We are proud to deliver the full capabilities of Yardi Matrix and excited to participate in another chapter of Fogelman’s 55-year history as one of the property management industry’s top companies,” said Jeff Adler, vice president of Yardi Matrix.
Schedule a demo to learn more about how Yardi Matrix helps leading real estate investors make better decisions on property prospecting, underwriting and asset management.
About Fogelman Properties
Fogelman Properties is one of the country’s largest and most experienced privately-owned multifamily investment and property management companies. As a fully integrated company, Fogelman specializes in multifamily acquisitions, property management, construction management and asset management. Founded in 1963, Fogelman presently operates 80 multifamily communities totaling 28,000 apartment homes, spread across 10 states in the Southeast, Southwest and Midwest regions of the country. Fogelman is headquartered in Memphis, Tenn., with offices in Atlanta; Dallas; Raleigh, N.C.; Houston; Kansas City, Kan.; and Orlando, Fla. For more information about Fogelman, please visit fogelman.com.
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, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.