FOR IMMEDIATE RELEASE
June 6, 2023 (San Francisco, CA) – CloudVO, the San Francisco-based online reseller of virtual offices, meeting rooms, and other workplace services announced today the acquisition of CloudVO by Yardi.
Laurent Dhollande, CEO of CloudVO said, “We are thrilled that CloudVO is now part of Yardi. Our partners will benefit from the Yardi listing service with infinitely more reach and strength than CloudVO could provide on its own, with seven on-line listing sites that combine over 3 million visitors monthly. Our customers will be exposed to a larger inventory and better choices for their online bookings and purchases of workplace services, including meeting rooms, private offices and virtual offices.”
Yardi’s listing service network includes sites such as CommercialCafé, CommercialSearch and PropertyShark, who have established prominent positions in the commercial real estate space. CoworkingCafé is dedicated to promoting coworking services, but all listing sites share the same database. Listing with one is listing with all, giving operators more exposure to anyone looking for coworking services than any other option. The Yardi listing network generates over 20,000 leads per month to participating commercial property owners and coworking operators.
Rob Teel, Yardi President of Commercial said, “We have closely followed CloudVO’s progress for many years now, and it seemed that the time was right to incorporate their assets and intimate knowledge of coworking operators into Yardi. We are looking forward to continuing this journey with Laurent and his team.”
As of June 1st, CloudVO ceased to take new orders and clients are being redirected to CoworkingCafe. Phone answering services will continue to be provided by CloudAnswering, without interruption, and are not part of the assets sold to Yardi. CloudAnswering will stay as a member of the Pacific Workplaces family of companies.
Yardi develops and supports industry-leading investment, compliance and property management software for all types and sizes of real estate companies and housing authorities. Established in 1984, Yardi is based in Santa Barbara, California, and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit Yardi.com.
About Pacific Workplaces
Pacific Workplaces are great flexible offices and coworking places, with a wide range of part-time and full-time furnished office spaces including virtual offices, private offices, dedicated desks, flex desks, meeting rooms and mini-suites, in a shared infrastructure environment, with curated communities that maximize networking opportunities and serendipity. All current 18 locations are operated by PBC Management LLC under the Pacific Workplaces and NextSpace brands.