Yardi Systems
| Company type | Private |
|---|---|
| Industry | Technology, Property Management, Real estate |
| Founded | 1984 |
| Headquarters | , U.S. |
Key people |
|
Number of employees | approx. 10000 (2025 estimate) |
| Subsidiaries | WeWork Inc. 60% |
| ASN | |
| Website | yardi |
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
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]
In 2011, Yardi launched RentCafe.com (formerly RENTCafé), an apartment renting and online leasing platform[8][9] that allows renters in the U.S. and Canada to search for apartments, submit rental applications and sign leases.[10][11][12]
By 2017, Yardi Systems would expand to 35 offices worldwide, keeping its headquarters in the United States.[13]
In 2021, Yardi Systems acquired and redesigned listing service 42Floors.com adding it to its marketplace network, CommercialEdge.[14]
In 2024, Yardi Systems acquired a 60% equity stake in WeWork.[15][16][17][18][19]
In September 2025, Yardi Systems announced that Rob Teel will become CEO, replacing founder Anant Yardi in January 2026.[20]
References
- ^ Garbarine, Rachelle (August 18, 2000). "Residential Real Estate; A Computer Program for Apartment Managers" – via NYTimes.com.
- ^ 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.
- ^ Sharma, Kritika (November 12, 2021). "US-based software entrepreneur Anant Yardi donates $10 million to alma mater IIT Delhi". ThePrint.
- ^ "Yardi Systems founder shares history of success | Pacific Coast Business Times". www.pacbiztimes.com. January 29, 2016.
- ^ "Yardi CRM for Real Estate: Integration, Integration, Integration". CRM Buyer. July 27, 2012.
- ^ Parker, Garrett (January 4, 2019). "10 Things You Didn't Know about Property Shark". Money Inc.
- ^ "Yardi Systems Acquires NYC-Based PropertyShark". benefitspro.com.
- ^ Manning, Kimberly (August 24, 2015). "RENTcafe has marketing down, but its mobile experience needs work". Inman.
- ^ Lerner, Michele (May 19, 2022). "Why you see rents fluctuating so much as you hunt for an apartment". The Washington Post.
- ^ Major, Mikayla (31 July 2023). "RentCafe Review: A Closer Look at Software and Features". Swiftlane.
- ^ Cooper, Sofia (4 July 2021). "RENTCafe Reviews | RENTCafe Property Management Software Review, Cost, Alternatives". ButterflyMX.
- ^ Pomroy, Kathryn (14 July 2025). "Best Home Rental Websites and Apps 2025". Kiplinger.
- ^ "Employee reviews rank Anant Yardi among top CEOs in the nation | Pacific Coast Business Times". www.pacbiztimes.com. June 24, 2017.
- ^ Times, Boston Real Estate (December 28, 2021). "Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com". Boston Real Estate Times.
- ^ Pollard, Amelia (30 May 2024). "WeWork's new owner pitches no-drama turnaround for Adam Neumann's old company". Retrieved 12 September 2024.
- ^ Engquist, Erik (April 29, 2024). "WeWork announces deal to exit bankruptcy, avoid takeover by Adam Neumann". The Real Deal.
- ^ "Anant Yardi becomes majority stake owner of WeWork, David Tolley to continue as CEO". mint. 2024-05-31. Retrieved 2024-08-26.
- ^ "WeWork set to emerge from bankruptcy". www.bbc.com.
- ^ "WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid". May 30, 2024 – via www.bloomberg.com.
- ^ Rosta, Paul. "Rob Teel to Take Helm at Yardi". Multi-Housing News. Retrieved 26 September 2025.