April 2011— RealFoundations (‘RF’) recently completed a Yardi Voyager core commercial implementation for Reit Management & Research LLC (‘RMR’), a privately held company located in Newton, Massachusetts that manages one of the largest portfolios of publicly owned real estate in the United States.
RMR partnered with RealFoundations to conduct a diagnostic and system review process that led to the selection of Yardi Voyager, a scalable centralized property management and accounting platform.
RealFoundations’ professionals then leveraged their deep industry experience to help design and enhance existing business processes and procedures for greater efficiencies while implementing Yardi Voyager for core financials and property operations.
About RMR RMR is a private company which was founded in 1986 to manage public investments in real estate. As of March 31, 2011, RMR managed a large portfolio of publicly owned real estate, including approximately 1,400 properties located in 46 states, Washington, DC, Puerto Rico, Canada and Australia. The public companies managed by RMR and its affiliates had combined total gross assets of approximately $18.3 billion as of March 31, 2011.
About RealFoundations RealFoundations is a global management consultancy focused exclusively on the real estate and property industry. From developers, owner/operators and corporate occupiers to service providers and institutional investors, RealFoundations offers innovative solutions around business intelligence, process analysis and improvement, solution implementation, strategic information and systems planning and systems integration.
For additional information, please contact David Srour Managing Director RealFoundations