Yardi Matrix

Yardi Matrix, formerly known as Pierce-Eislen, Inc.®, was founded in March, 2000, and acquired in July 2013 by Yardi Systems, Inc., a Santa Barbara, California software company focused on commercial real estate industry applications.The Yardi Matrix apartment information service is a high-performance system with the sole function of supporting the commercial apartment industry’s dominant participants. The company's services monitor the 50+ unit apartment universe, commercial buildings and self-storage facilities from the property level to the sub-market/market level in a form unique within the commercial apartment information industry.The Yardi Matrix product is the commercial real estate information industry’s only fully-bundled product, providing a full spectrum of reporting on a market's: apartment inventory status, sale activity, new development, and rental market conditions. New development, and investor activity are illustrated at the sub-market, or market levels, continuously updated on-the-fly.An often difficult question to answer regarding a property is how to identify owner/management contacts – the individuals responsible for decision-making regarding hold/sell, or property operations. To report actual ownership, single-asset entities – limited partnerships, limited liability corporations, or trusts – are pierced, and the actual owner, and how to contact them, disclosed.