Elevate Revenue from Yardi to Bolster NOI Across Assets

Yardi is pleased to present Elevate Revenue, a connected set of solutions that streamlines the entire lifecycle of a deal from lead to lease. The complete end-to-end portfolio management suite — built upon decades of real estate research and software development knowledge — was designed in collaboration with industry leaders and commercial experts. 

The all-in-one solution provides owners, asset managers and leasing teams with unparalleled visibility into their portfolios, as well as powerful automation, enhanced collaboration and comprehensive insights. Elevate Revenue optimizes the deal workflow by seamlessly integrating marketing, leasing system and commission management tools into one centralized platform. 

From effortlessly marketing listings and generating verified leads with Edge Marketing to smoothly managing prospects with Deal Manager, real estate professionals can now speed up deal flow and leasing operations. And, with Deal Manager Legal, the leasing process is accelerated even further by enabling users to automatically generate standard lease agreements directly in the application. Plus, managing commissions — the final step in the lease lifecycle — is also streamlined with Yardi’s CommissionTrac tool that automatically tracks and pays the commissions of in-house leasing teams as well as third-party brokers. 

In addition, with Edge Research, Yardi’s data solution, owners, asset managers and leasing managers can make confident investment decisions by staying ahead of the game with real-time market intelligence: The platform provides comprehensive property data across leading markets in the U.S. by leveraging an integrated suite of tools including sales and lease comps; Yardi Market Insight and Automated Competitive Sets. 

Altogether, Yardi’s nationwide coverage incorporates nearly 14 million researched properties, representing more than 79 billion square feet of commercial real estate. At the same time, users can also research more than 1.3 million verified owners and nearly 839,000 tenants on the market. 

Fully integrated with Yardi Voyager, the Elevate suite maximizes performance by leveraging the connection to ensure prompt marketing with real-time availability and accurate tenant information. The seamless integration allows Voyager clients to sync properties, spaces and availability across their portfolio, such as automatically publishing listings based on lease expiration dates or unpublishing spaces automatically once a tenant is activated in Voyager. 

An example of a real-life case study, Macerich — an owner, operator and developer of retail and mixed-use destinations throughout the U.S. — recently launched QuikSpace, a platform powered by Elevate’s Deal Manager and Edge Marketing solutions. The intuitive platform provides tenants with flexibility to lease short-term space, do their research online and even tour spaces virtually. 

“By digitizing the process, Macerich is simplifying every aspect of short-term leasing with the goal of providing tenants with a frictionless experience,” Ken Volk, executive vice president of Business Development at Macerich, explained.

“Yardi’s Deal Manager has proven to be a well-rounded CRM tool to assist our dealmakers in better managing leads so they can be even more productive. Deal Manager’s sophisticated reporting helps our executives make data-driven decisions to lease smarter and more efficiently. As well, this impactful tool gives us the ability to easily summarize important deal points to facilitate faster lease approvals.”

Steve Schmid, senior business intelligence analyst/project manager, Macerich

With the Yardi Elevate suite, dealmakers can complete the entire leasing workflow seamlessly and make data-driven decisions. And, because the end-to-end solution is accessible directly from a mobile system, executive teams can approve deals from anywhere and at any time. 

Timea-Erika Papp

Timea is a senior writer covering CRE marketing and tech trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011. Reach her via email.

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