Yardi Systems

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Yardi Systems, Inc.
Company typePrivate
IndustryTechnology, Property Management, Real estate
Founded1984; 41 years ago (1984)
Headquarters
Santa Barbara, California
,
U.S.
Key people
  • Anant Yardi (CEO)
Number of employees
approx. 9000 (2024 estimate)
SubsidiariesWeWork Inc. 60%
ASN
Websiteyardi.com

Yardi Systems, Inc. is an investment, asset and property management software vendor for the real estate industry.[1] It provides products such as property management platforms and software.

History

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Yardi Systems was founded by IIT Delhi alumnus, Anant Yardi[2][3] in Santa Barbara, California.[4] In 2010, Yardi Systems launched Yardi CRM, as part of the company's suite of property management software and integrated it with its own product, Yardi Voyager, a platform designed for real estate management.[5] The year also marked the acquisition of online real estate database, PropertyShark.[6][7]

By 2017, Yardi Systems would expand to 35 offices worldwide, keeping its headquarters in the United States.[8]

In 2021, Yardi Systems acquired and redesigned listing service 42Floors.com adding it to its marketplace network, CommercialEdge.[9]

In 2024, Yardi Systems acquired a 60% equity stake in WeWork.[10][11][12][13][14]

In September 2025, Yardi Systems announced that Rob Teel will become CEO, replacing found Anand Yardi in January 2026.[15]

References

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  1. ^ Garbarine, Rachelle (August 18, 2000). "Residential Real Estate; A Computer Program for Apartment Managers" – via NYTimes.com.
  2. ^ Manoj, Anagha R. (November 13, 2021). "Who Is Anant Yardi, Who Just Gave Rs 75 Cr To His Alma Mater IIT Delhi?". The Better India.
  3. ^ Sharma, Kritika (November 12, 2021). "US-based software entrepreneur Anant Yardi donates $10 million to alma mater IIT Delhi". ThePrint.
  4. ^ "Yardi Systems founder shares history of success | Pacific Coast Business Times". www.pacbiztimes.com. January 29, 2016.
  5. ^ "Yardi CRM for Real Estate: Integration, Integration, Integration". CRM Buyer. July 27, 2012.
  6. ^ Parker, Garrett (January 4, 2019). "10 Things You Didn't Know about Property Shark". Money Inc.
  7. ^ "Yardi Systems Acquires NYC-Based PropertyShark". benefitspro.com.
  8. ^ "Employee reviews rank Anant Yardi among top CEOs in the nation | Pacific Coast Business Times". www.pacbiztimes.com. June 24, 2017.
  9. ^ Times, Boston Real Estate (December 28, 2021). "Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com". Boston Real Estate Times.
  10. ^ Pollard, Amelia (30 May 2024). "WeWork's new owner pitches no-drama turnaround for Adam Neumann's old company". Retrieved 12 September 2024.
  11. ^ Engquist, Erik (April 29, 2024). "WeWork announces deal to exit bankruptcy, avoid takeover by Adam Neumann". The Real Deal.
  12. ^ "Anant Yardi becomes majority stake owner of WeWork, David Tolley to continue as CEO". mint. 2024-05-31. Retrieved 2024-08-26.
  13. ^ "WeWork set to emerge from bankruptcy". www.bbc.com.
  14. ^ "WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid". May 30, 2024 – via www.bloomberg.com.
  15. ^ Rosta, Paul. "Rob Teel to Take Helm at Yardi". Multi-Housing News. Retrieved 26 September 2025.