CrescentCapitalmigrated7SPVsfromYardiin5days

By Valix Team

15 Nov 2024

8 min read

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Crescent Capital boutique apartment portfolio at golden hour
Timeline

Five days, seven SPVs.

Click through the timeline. Every day documented, every check real, every number verified against the prior system.

Day 1

Data export and system assessment

Yardi Voyager export validated. Chart of accounts mapped line-by-line to Valix GL structure (187 accounts across 7 SPVs). Data integrity report: 99.7% clean, 17 records flagged for review.

Chart of accounts mapping with 187 entries

Results

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Mi tincidunt elit, id quisque ligula ac diam, amet. Vel etiam suspendisse morbi eleifend faucibus eget vestibulum felis. Dictum quis montes, sit sit. Tellus aliquam enim urna, etiam. Mauris posuere vulputate arcu amet, vitae nisi, tellus tincidunt. At feugiat sapien varius id.

Month-end close time dropped from 14 days to 3 days. LP reporting went from a two-week manual process to live dashboards that updated as transactions posted. The team no longer rebuilds waterfalls each month; they calculate themselves. Tax escalations, percentage rent, and CAM allocations are now atomic GL postings, logged and auditable. The annual contract cost fell from $240,000 to $84,000. And the firm has capacity to add new SPVs without adding headcount.

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The migration itself was the proof. Five days from assessment to go-live. No data loss. No manual reconciliation. No six-month implementation. Just clarity.

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Challenge

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"Ipsum sit mattis nulla quam nulla. Gravida id gravida ac enim mauris id. Non pellentesque congue eget consectetur turpis. Sapien, dictum molestie sem tempor. Diam elit, orci, tincidunt aenean tempus."
Solution

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Solution

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Mi tincidunt elit, id quisque ligula ac diam, amet. Vel etiam suspendisse morbi eleifend faucibus eget vestibulum felis. Dictum quis montes, sit sit. Tellus aliquam enim urna, etiam. Mauris posuere vulputate arcu amet, vitae nisi, tellus tincidunt. At feugiat sapien varius id.

Implementation

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Tristique odio senectus nam posuere ornare leo metus, ultricies. Blandit duis ultricies vulputate morbi feugiat cras placerat elit. Aliquam tellus lorem sed ac. Montes, sed mattis pellentesque suscipit accumsan. Cursus viverra aenean magna risus elementum faucibus molestie pellentesque. Arcu ultricies sed mauris vestibulum.

Reporting

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Operations

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"Ipsum sit mattis nulla quam nulla. Gravida id gravida ac enim mauris id. Non pellentesque congue eget consectetur turpis. Sapien, dictum molestie sem tempor. Diam elit, orci, tincidunt aenean tempus."
Cost

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Results

Dolor enim eu tortor urna sed duis nulla. Aliquam vestibulum, nulla odio nisl vitae. In aliquet pellentesque aenean hac vestibulum turpis mi bibendum diam. Tempor integer aliquam in vitae malesuada fringilla.

Mi tincidunt elit, id quisque ligula ac diam, amet. Vel etiam suspendisse morbi eleifend faucibus eget vestibulum felis. Dictum quis montes, sit sit. Tellus aliquam enim urna, etiam. Mauris posuere vulputate arcu amet, vitae nisi, tellus tincidunt. At feugiat sapien varius id.

Timeline

Eget quis mi enim, leo lacinia pharetra, semper. Eget in volutpat mollis at volutpat lectus velit, sed auctor. Porttitor fames arcu quis fusce augue enim. Quis at habitant diam at. Suscipit tristique risus, at donec. In turpis vel et quam imperdiet. Ipsum molestie aliquet sodales id est ac volutpat.

Tristique odio senectus nam posuere ornare leo metus, ultricies. Blandit duis ultricies vulputate morbi feugiat cras placerat elit. Aliquam tellus lorem sed ac. Montes, sed mattis pellentesque suscipit accumsan. Cursus viverra aenean magna risus elementum faucibus molestie pellentesque. Arcu ultricies sed mauris vestibulum.

Reporting

Morbi sed imperdiet in ipsum, adipiscing elit dui lectus. Tellus id scelerisque est ultricies ultricies. Duis est sit sed leo nisl, blandit elit sagittis. Quisque tristique consequat quam sed. Nisl at scelerisque amet nulla purus habitasse.

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Capacity

Morbi sed imperdiet in ipsum, adipiscing elit dui lectus. Tellus id scelerisque est ultricies ultricies. Duis est sit sed leo nisl, blandit elit sagittis. Quisque tristique consequat quam sed. Nisl at scelerisque amet nulla purus habitasse.

"Ipsum sit mattis nulla quam nulla. Gravida id gravida ac enim mauris id. Non pellentesque congue eget consectetur turpis. Sapien, dictum molestie sem tempor. Diam elit, orci, tincidunt aenean tempus."
Cost

Nunc sed faucibus bibendum feugiat sed interdum. Ipsum egestas condimentum mi massa. In tincidunt pharetra consectetur sed duis facilisis metus. Etiam egestas in nec sed et. Quis lobortis at sit dictum eget nibh tortor commodo cursus.

Case outcomes

Real migrations. Real numbers.

Three firms, three migrations, same week. Here's what they said after their first month on Valix.

7 SPVs • $320M AUM
We closed October on the fifth business day for the first time in four years. Yardi close took eleven days. That's the whole investment thesis right there.

Daniella Pezzotta

CFO, Crescent Capital

450 units • NYC
The parallel-run report on day three showed us we were a penny off on a single AR entry. One penny. That's the level of reconciliation you need before you trust a platform.

Evan Markowitz

Controller, Meridian Residential

Retail • $48M AUM
CAM reconciliation that used to take me three weekends now takes a Tuesday afternoon. My tenants get cleaner variance reports than I ever sent from Yardi.

Priya Venkatesh

Property manager, Sterling Retail