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Yardi Systems
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. 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. The year also marked the launch of a new product suite, Yardi Corom, which offers lease management, occupancy tracking and desk hoteling for flexible workplaces. In 2022, ...
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Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Santa Barbara, California
Santa Barbara (, meaning ) is a coastal city in Santa Barbara County, California, of which it is also the county seat. Situated on a south-facing section of coastline, the longest such section on the West Coast of the United States excepting Alaska, the city lies between the steeply rising Santa Ynez Mountains and the Pacific Ocean. Santa Barbara's climate is often described as Mediterranean climate, Mediterranean, and the city has been dubbed "The American Riviera". According to the 2020 United States census, 2020 U.S. census, the city's population was 88,665. In addition to being a popular tourist and resort destination, the city has a diverse economy that includes a large service sector, education, technology, health care, finance, agriculture, manufacturing, and local government. In 2004, the service sector accounted for 35% of local employment. Area institutions of higher learning include the University of California, Santa Barbara, Santa Barbara City College, Westmont Co ...
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Chief Executive Officer
A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in various organizations, including public and private corporations, Nonprofit organization, nonprofit organizations, and even some government organizations (notably state-owned enterprises). The governor and CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the profitability, market share, revenue, or another financial metric. In the nonprofit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of the main manager of the organization and the highest-ranking officer in the C-suite. Origins The term "chief executi ...
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Technology
Technology is the application of Conceptual model, conceptual knowledge to achieve practical goals, especially in a reproducible way. The word ''technology'' can also mean the products resulting from such efforts, including both tangible tools such as Kitchen utensil, utensils or machines, and intangible ones such as software. Technology plays a critical role in science, engineering, and everyday life. Technological advancements have led to significant changes in society. The earliest known technology is the stone tool, used during prehistory, followed by the control of fire—which in turn contributed to the Brain size, growth of the human brain and the development of language during the Pleistocene, Ice Age, according to the cooking hypothesis. The invention of the wheel in the Bronze Age allowed greater travel and the creation of more complex machines. More recent technological inventions, including the printing press, telephone, and the Internet, have lowered barriers to ...
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Property Management
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition. This is much akin to the role of management in any business. Property management is the administration of personal property, equipment, tooling, and physical capital assets acquired and used to build, repair, and maintain end-item deliverables. Property management involves the processes, systems, and workforce required to manage the life cycle of all acquired property as defined above, including acquisition, control, accountability, responsibility, maintenance, utilization, and disposition. An owner of a single-family home, condominium, or multi-family building may engage the services of a professional property management company. The company will then adver ...
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WeWork Inc
WeWork Inc., headquartered in New York City, is a provider of coworking spaces, including physical and virtual shared spaces, in approximately 600 buildings in 125 cities. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey. Over the following 10 years, the company raised $12.8 billion in financing at valuations as high as $47 billion, mostly from the SoftBank Vision Fund, led by Masayoshi Son. In September 2019, the company filed documentation to become a public company and revealed issues with corporate governance. Investors forced both the cancellation of the IPO and the resignation of Neumann. The company filed for bankruptcy in November 2023. As part of the bankruptcy reorganization, in 2024, Cupar Grimmond (an affiliate of Yardi Systems) acquired a 60% stake in the company, 20% was acquired by affiliates of SoftBank, and 20% was acquired by other investors. The company shrank its operations, selling all owned real estate and cancelling or amending hundreds o ...
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IIT Delhi
Indian Institute of Technology Delhi (IIT- Delhi) is a public institute of technology located in Delhi, India. It is one of the 23 Indian Institutes of Technology created to be a Centre of Excellence for India's training, research and development in science, engineering and technology. IIT Delhi is ranked as one of the most prestigious engineering as well as management/business institutions in India. Established in 1961, it was formally inaugurated in August 1961 by Humayun Kabir, Minister of Scientific Research & Cultural Affairs. The first admissions were made in 1961. The current campus has an area of 320 acres (or 1.3 km2) and is bound by the Sri Aurobindo Marg on the east, the Jawaharlal Nehru University Complex on the west, the National Council of Educational Research and Training on the south, and the New Ring Road on the north. It is flanked by Qutb Minar and the Hauz Khas monuments. The institute was later decreed in the Institutes of National Importance und ...
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PropertyShark
PropertyShark is an online real estate database and property research tool that provides building details, ownership information, comparable sales, and foreclosure data to real estate professionals in New York and other major U.S. markets. Launched in January 2003 by Matthew Haines, the real estate database and research website was acquired by Yardi Systems and integrated into its suite of software in 2010. History PropertyShark was founded by real estate investor and software developer Matthew Haines following his work on renovating a five-family brownstone in Harlem. The initial website launched on New Year's Day in 2003 and was first named MatthewHaines.com and later changed to NYCpropertyresearch.com. Haines reportedly created PropertyShark to make real estate data more accessible and help potential homeowners become more comfortable in investing in the neighborhood. In 2004, Haines was joined by his college friend, Ryan Slack, who became co-owner and CEO A chief executiv ...
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WeWork
WeWork Inc., headquartered in New York City, is a provider of coworking spaces, including physical and virtual shared spaces, in approximately 600 buildings in 125 cities. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey. Over the following 10 years, the company raised $12.8 billion in financing at valuations as high as $47 billion, mostly from the SoftBank Vision Fund, led by Masayoshi Son. In September 2019, the company filed documentation to become a public company and revealed issues with corporate governance. Investors forced both the cancellation of the IPO and the resignation of Neumann. The company filed for bankruptcy in November 2023. As part of the bankruptcy reorganization, in 2024, Cupar Grimmond (an affiliate of Yardi Systems) acquired a 60% stake in the company, 20% was acquired by affiliates of SoftBank, and 20% was acquired by other investors. The company shrank its operations, selling all owned real estate and cancelling or amending hundreds o ...
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