YINC Commercial: The real estate platform made with YINC’s real estate partners
The YINC platform doesn’t just handle services for the consumer market, it also handles services for all kinds of properties including commercial, residential, and nursing homes. These services are all encapsulated in YINC’s unique platform for commercial real estate called YINC Commercial.
YINC Commercial has added features for real estate managers including an all-in-one system for tenants, owners and managers as well as the ability to manage jobs for in-house or preferred vendors. It also offers the ability for property managers to get owner approval before accepting a bid and to schedule with the tenants once the vendor is chosen. Combining these with YINC’s competitive bidding platform and its blockchain-powered, tamper-proof reviews, YINC helps real estate firms save time and money while creating a better customer experience for everyone.
This system was strategically designed alongside YINC’s partners who own and manage multi-billion-dollar real estate portfolios in the U.S. and abroad. These partners have thousands of tenants and have already committed to using the platform for all of their properties, which include buildings like 645 Madison Ave in New York, Nucleus in Cleveland, Metropolitan Square in St. Louis and the Presidential building in Washington D.C.
“For me, the most exciting part about YINC as a property owner is the opportunity to save money and keep my tenants happy,” says Reuben Robin, CEO of Concord Real Estate Services, one of more than 30 firms partnered with YINC. “Through the competitive bidding process, these vendors are essentially bidding against one another in order to save me money. That results in higher NOIs. And two, keeping my tenants happy and making sure the quality of the work I just paid for is there. So, my tenants are incentivized to rate these vendors in order to show me that these are the guys they want to stick around with. YINC solves both those issues.”
YINC’s other partners include Stark Enterprises, which maintains a $2.5 billion portfolio with 10 million square feet of commercial and residential properties, Carerite Centers, which manages 35 nursing homes with over 5,000 beds combined and Concord Real Estate Services, a firm with 4,500 residential units and 350,000 square feet of commercial properties.
“For me, the most exciting part about YINC as a property owner is the opportunity to save money and keep my tenants happy,” says Reuben Robin, CEO of Concord Real Estate Services, one of more than 30 firms partnered with YINC. “Through the competitive bidding process, these vendors are essentially bidding against one another in order to save me money. That results in higher NOIs. And two, keeping my tenants happy and making sure the quality of the work I just paid for is there. So, my tenants are incentivized to rate these vendors in order to show me that these are the guys they want to stick around with. YINC solves both those issues.”
YINC’s other partners include Stark Enterprises, which maintains a $2.5 billion portfolio with 10 million square feet of commercial and residential properties, Carerite Centers, which manages 35 nursing homes with over 5,000 beds combined and Concord Real Estate Services, a firm with 4,500 residential units and 350,000 square feet of commercial properties.
“What we found with YINC is that it’s kind of like a platform that will really give us the ability to structure everything in one place and oversee everything that’s going on and really have that feel and understanding that everything is being done on schedule in the way we need it to be,” says Concord’s Director of Property Management Avi Kram. “That’s why we’re definitely really excited to jump on board with YINC and use their services in the future.”
Many large firms currently use systems like Yardi, Appfolio and MRI to help them manage all their properties and tenants and YINC Commercial is strategically designed to work in tandem with these systems while working perfectly fine without them as well. Tenants can make their service requests directly to the managers on the system and managers can bid out the job on the same platform.
As Universe Holdings VP Samuel Landman says, “I think for us the only thing we really have is time and it’s just going to help us with our time and increase NOI. So we’re really looking forward to using YINC very soon.”