Yardi Systems

Yardi Systems, Inc.
TypePrivate
IndustryTechnology, Property Management, Real estate
Founded1984; 42 years ago (1984)
Headquarters
Santa Barbara, California
,
U.S.
Key people
  • Anant Yardi (CEO)
Number of employees
approx. 10000 (2025 estimate)
SubsidiariesWeWork Inc. 60%
ASN
  • 16789
Websiteyardi.com

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

History

Yardi Systems was founded by IIT Delhi alumnus, Anant Yardi in Santa Barbara, California. 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. The year also marked the acquisition of online real estate database, PropertyShark.

In 2011, Yardi launched RentCafe.com (formerly RENTCafé), an apartment renting and online leasing platform that allows renters in the U.S. and Canada to search for apartments, submit rental applications and sign leases.

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

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

In 2024, Yardi Systems acquired a 60% equity stake in WeWork.

In September 2025, Yardi Systems announced that Rob Teel will become CEO, replacing founder Anant Yardi in January 2026.

References

  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. ↑ Manning, Kimberly (August 24, 2015). "RENTcafe has marketing down, but its mobile experience needs work". Inman.
  9. ↑ Lerner, Michele (May 19, 2022). "Why you see rents fluctuating so much as you hunt for an apartment". The Washington Post.
  10. ↑ Major, Mikayla (July 31, 2023). "RentCafe Review: A Closer Look at Software and Features". Swiftlane.
  11. ↑ Cooper, Sofia (July 4, 2021). "RENTCafe Reviews | RENTCafe Property Management Software Review, Cost, Alternatives". ButterflyMX.
  12. ↑ Pomroy, Kathryn (July 14, 2025). "Best Home Rental Websites and Apps 2025". Kiplinger.
  13. ↑ "Employee reviews rank Anant Yardi among top CEOs in the nation | Pacific Coast Business Times". www.pacbiztimes.com. June 24, 2017.
  14. ↑ Times, Boston Real Estate (December 28, 2021). "Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com". Boston Real Estate Times.
  15. ↑ Pollard, Amelia (May 30, 2024). "WeWork's new owner pitches no-drama turnaround for Adam Neumann's old company". Retrieved September 12, 2024.
  16. ↑ Engquist, Erik (April 29, 2024). "WeWork announces deal to exit bankruptcy, avoid takeover by Adam Neumann". The Real Deal.
  17. ↑ "Anant Yardi becomes majority stake owner of WeWork, David Tolley to continue as CEO". mint. May 31, 2024. Retrieved August 26, 2024.
  18. ↑ "WeWork set to emerge from bankruptcy". www.bbc.com.
  19. ↑ "WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid". May 30, 2024 – via www.bloomberg.com.
  20. ↑ Rosta, Paul. "Rob Teel to Take Helm at Yardi". Multi-Housing News. Retrieved September 26, 2025.