Yardi Wins Property Development Company

Santa Barbara-based Yardi reported a customer win this week, with multifamily property development company Pennrose Management. Financial impact of the win was not disclosed. Yardi said Pennrose is using its software to handle HUD compliance, online leasing, and check scanning, among other functions. Pennrose develops and operates housing communities in the eastern half of the United States. Yardi develops software for the real estate investment and property management market.