Vanguard of tech: Leading third-party property management
firm enhances efficiency and scalability
TORONTO, July 19, 2024 /PRNewswire/ -- Canderel, a
prominent real estate services company, has fully integrated Yardi
Voyager® Commercial and Yardi® Elevate across its portfolio to
achieve operational excellence and provide a superior service.
Prior to adopting Yardi®, Canderel identified the need for a
robust, scalable solution to support its growing national real
estate services business and streamline processes.
"We dealt with multiple software systems and manual processes
that could not keep up with our aggressive growth plans," said
Michael Sutherland, vice president
of property accounting for Canderel. "With Yardi Voyager, we
unified our platform, significantly reducing time and complexity in
our property management processes. The Yardi® Commercial
Suite has proved ideal, giving us more accurate reporting,
faster deal closures and improved vendor management, significantly
boosting our operations."
Canderel plans to expand its use of Yardi solutions to further
drive progress. "Our strategy is to continually improve and refine
our services," Sutherland added. "Yardi Voyager has established a
strong foundation for us to reach these goals."
"Canderel's use of integrative technology has been impressive,"
said Peter Altobelli, vice president
and general manager for Yardi Canada Ltd. "In a short period of
time, they successfully completed phases one and two of their
migration, moving two of their three portfolios — their core
operations — onto Yardi Voyager. This phased approach led to their
successful full data migration in 2024, ensuring the software meets
the needs of Canderel and its clients across Canada."
To learn more, explore the Yardi® Commercial Suite.
About Canderel
Canderel is one of Canada's
largest privately held real estate companies. It was founded in
1975 by Jonathan Wener and has since
grown from its base in Montreal to
seven offices across Canada.
Canderel owns and manages a real estate portfolio of more than 23
million square feet in Canada's
seven major markets – Québec City, Montreal, Ottawa, Toronto, Calgary, Edmonton and Vancouver. Its 650 real estate professionals
have executed more than $20 billion
in acquisitions, developments and management projects, totaling
80M+ sf of owned, managed and developed properties. To learn more,
visit canderel.com.
About Yardi
Celebrating its 40-year anniversary in 2024, Yardi® develops and
supports industry-leading investment and property management
software for all types and sizes of real estate companies. With
over 9,000 employees, Yardi is working with clients globally to
drive innovation in the real estate industry. For more information
on how Yardi is Energized for Tomorrow, visit yardi.com.
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