Yardi Systems

Yardi Systems, Inc.

Company type	Private
Industry	Technology, Property Management, Real estate
Founded	1984;41 years ago (1984)
Headquarters	Santa Barbara, California , U.S.
Key people	Anant Yardi (CEO)
Number of employees	approx. 9000 (2024 estimate)
Subsidiaries	WeWork Inc. 60%
ASN	16789
Website	yardi.com

Yardi Systems, Inc. is an investment, asset and property management software vendor for the real estate industry. ^[1] It provides products such as property management platforms and software.

History

Yardi Systems was founded by IIT Delhi alumnus, Anant Yardi ^{[2] [3]} in Santa Barbara, California. ^[4] 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. ^[5] The year also marked the acquisition of online real estate database, PropertyShark. ^{[6] [7]}

By 2017, Yardi Systems would expand to 35 offices worldwide, keeping its headquarters in the United States. ^[8]

In 2021, Yardi Systems acquired and redesigned listing service 42Floors.com adding it to its marketplace network, CommercialEdge. ^[9]

In 2024, Yardi Systems acquired a 60% equity stake in WeWork. ^{[10] [11] [12] [13] [14]}

In September 2025, Yardi Systems announced that Rob Teel will become CEO, replacing found Anand Yardi in January 2026. ^[15]

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. "Employee reviews rank Anant Yardi among top CEOs in the nation | Pacific Coast Business Times". www.pacbiztimes.com. June 24, 2017.
9. Times, Boston Real Estate (December 28, 2021). "Yardi Acquires & Redesigns Innovative CRE Listing Service 42Floors.com". Boston Real Estate Times.
10. Pollard, Amelia (30 May 2024). "WeWork's new owner pitches no-drama turnaround for Adam Neumann's old company" . Retrieved 12 September 2024.
11. Engquist, Erik (April 29, 2024). "WeWork announces deal to exit bankruptcy, avoid takeover by Adam Neumann". The Real Deal.
12. "Anant Yardi becomes majority stake owner of WeWork, David Tolley to continue as CEO". mint. 2024-05-31. Retrieved 2024-08-26.
13. "WeWork set to emerge from bankruptcy". www.bbc.com.
14. "WeWork Cleared to Exit Bankruptcy After Neumann Ends Buyout Bid". May 30, 2024 – via www.bloomberg.com.
15. Rosta, Paul. "Rob Teel to Take Helm at Yardi". Multi-Housing News. Retrieved 26 September 2025.