by Shane Henson — April 25, 2012—Investment and property management provider Yardi’s new commercial property management software and accounting platform, Yardi Voyager Commercial, was recently purchased by Kin Properties Inc. to help the national commercial real estate investment company manage its 30-million-square-foot portfolio of single-tenant retail properties more efficiently.
Kin Properties says it chose Yardi Voyager after exploring alternatives to the Windows-based property management and accounting system that it had used for 25 years. The company’s current and anticipated portfolio required a dynamic platform that encompassed a range of key commercial property management operations, which Yardi Voyager offered.
Key features of the platform include:
- Controlled administration of leases and amendments
- Lease option management with encumbrance tracking
- Dynamic critical date management
- Tools for tracking square footage at property, building, floor and space levels
- Simplified setup of complex expense recoveries
- Complete retail percentage rent calculations
- Easy straight-line rent adjustments for FAS 13
- Full drill-down to underlying lease documents
- Powerful, integrated accounting and leasing
- SAS70 compliance via Yardi ASP
- Supports multi-language and multi-currency
To maximize the seamless workflow available with the Voyager platform, Kin Properties also selected Yardi CHECKscan to reduce check processing time through bulk scanning, auto charge matching, and images stored directly in Voyager.
