NewswireToday - /newswire/ -
Santa Barbara, CA, United States, 2015/01/05 - Software as a Service platform offers new property management and financial consolidation capabilities for Canadian company’s multinational investment portfolio - NWIREIT.com / Yardi.com.
Until recently, NorthWest International Healthcare Properties REIT managed accounting and financial reporting for its worldwide real estate investment portfolio with several different platforms, making consolidated reporting difficult. To solve that problem, NorthWest recently consolidated onto Yardi Voyager® as its single technology platform.
“We needed an end-to-end business platform for our widely dispersed operations. It had to handle accounting and property management operations while accommodating the languages and currencies of our investors in Canada, Germany, Brazil, New Zealand and Australia. In evaluating our options we found that Voyager possesses all of those capabilities,” said Jason Gilbert, vice president of information technology for NorthWest. “We have enormous reporting obligations as a public entity, and with Voyager we can collect our data in a systematic way and generate consolidated reports with one click.”
“We are pleased to provide a platform that meets NorthWest’s global business needs. We look forward to the opportunity to assist NorthWest in using the system to gain full value for its business,” said Peter Altobelli, vice president of sales and general manager, Yardi Canada.
About NorthWest International Healthcare Properties REIT
NorthWest International Healthcare Properties REIT (nwireit.com), based in Toronto, is an unincorporated, open-ended real estate investment trust focused on high quality international healthcare real estate. The REIT provides its unitholders with access to healthcare real estate investments in Australasia, Brazil, Canada and Germany.
Now in its fourth decade, Yardi® (yardi.com) is committed to the design, development and support of software for real estate investment management and property management. With the Yardi Commercial Suite™, Yardi Multifamily Suite™, Yardi Investment Suite™ and Yardi Orion™ Business Intelligence, the Yardi Voyager® platform is a complete real estate management solution. It includes operations, accounting and ancillary processes and services with portfolio-wide business intelligence and platform-wide mobility. Yardi is based in Santa Barbara, Calif., and serves clients worldwide from offices in North America, Asia, Australia, Europe and the Middle East.