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Centerline taps Yardi for multi-family oversight.


Yardi Systems, a leading developer of real estate investment and property management software, announced that Centerline cen·ter·line  
n.
1. A line that bisects something into equal parts.

2. A painted line running along the center of a road or highway that divides it into two sections for traffic moving in opposite directions, or, in the case of
 Capital Group, a provider of real estate financial and asset management services, has selected Yardi Voyager Voyager, airplane
Voyager, the first airplane to circumnavigate the earth nonstop on a single load of fuel. Designed by Burt Rutan and flown by Dick Rutan and Jeana Yeager, Voyager took off from California on Dec.
 to facilitate complete transparency and corporate-level oversight of its multifamily assets.

Centerline employs multiple management companies to oversee its more than 60 multifamily assets, and each uses a different property management system (Yardi or MRI 1. (application) MRI - Magnetic Resonance Imaging.
2. MRI - Measurement Requirements and Interface.
). Before implementing Voyager, Centerline received multiple sets of paper reports each month. Now, using Yardi's Extract, Transform and Load (ETL (Extract, Transform, Load) The functions performed when pulling data out of one database and placing it into another of a different type. ETL is used to migrate data, often from relational databases into decision support systems. ) technology, all of this data is pulled into one central database -daily.

Seconds later, Centerline can produce consolidated reports; the company has complete oversight of its portfolio at the click of a mouse.

Kevin Day Kevin Day is a British stand up comedian, comedy writer and sports presenter. Born in London.[1]

He came to prominince in the British alternative comedy stand up scene of the late eighties and early nineties, playing clubs like The Comedy Store.
, a vice president at Centerline, sees tremendous practical value in the new system. "Yardi Voyager enforces a consistent reporting standard across our properties and consolidates everything into one format, vastly improving our ability to track and report on property performance."
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Title Annotation:TECHNOLOGY; Yardi Systems contracts with Centerline Capital Group
Comment:Centerline taps Yardi for multi-family oversight.(TECHNOLOGY)(Yardi Systems contracts with Centerline Capital Group)
Publication:Real Estate Weekly
Article Type:Brief article
Date:Apr 1, 2009
Words:162
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