Office/Industrial
| For standalone office and
industrial properties, Kardin has the ability
to calculate operating expense estimates and
reconciliations. |
|
Multi-Building
| Used by managers and owners
of multi-building projects and corporate facilities,
Kardin can allocate expenses among multiple
buildings. |
|
Retail
| Kardin calculates operating
expense estimates, reconciliations and % sales
rent for large shopping centers and retail strip
malls. |
|
Multi-Family
| Calculating loss-to-lease,
turnover and payroll costs is easy with Kardin
software. |
|
Portfolio Consolidation
| Owners and portfolio managers
can select files from all property types for
consolidated reporting. |
|
"TIAA-CREF implemented Kardin to streamline the
process of budget standardization, portfolio consolidation and
data upload into our Yardi accounting system. Prior to Kardin,
we faced the difficult challenges associated with consolidating
data from multiple JV partners using their own chart of accounts
and property management providers using widely varying accounting
systems. During the 2008 budget process, Kardin went the extra
mile by working directly with one of our largest JV partners
to download data for ~100 properties from JD Edwards into our
standard accounting format. Kardin’s industry leading features
and outstanding support resulted in a huge time savings for
our asset management team."
Nick DiLeone, Manager – Financial Operations, TIAA-CREF Asset
Management Services
"CB Richard Ellis is utilizing Kardin to help
standardize their year-end recoveries calculation process...
This process both saves CB Richard Ellis an enormous amount
of time and gives us confidence in the underlying calculations.
CB is now utilizing Kardin as both it's standard budgeting and
reconciliation software where client requirements allow us."
Tony Brandel, Accounting Project Analyst, Asset Services, CB
Richard Ellis
"Our managers have embraced KARDIN as its
budgeting, reforecasting, and consolidation tool because they
find it to be comprehensive and easy to use while providing
the tools necessary to proactively manage assets during their
life cycle. We have found the KARDIN team has been very
responsive to the ever-changing real estate industry and to
our specific needs. As a result, we have enjoyed a long
and successful strategic partnership."
Cain Kirk, Director Asset Management, INVESCO Real Estate
"The Kardin Commercial Budget module is the
new recommended budgeting software for all Jones Lang LaSalle-managed
properties. Kardin is a proven, field-tested budgeting system
developed by a real estate asset manager. Kardin delivers a
structured approach to budgeting that has been tested and proven
in various commercial real estate environments..."
Vision Newsletter, Jones Lang LaSalle
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