Vistra Fund Solutions has announced a significant expansion of its fund administration capabilities on the Yardi platform, adding real estate debt fund administration, automated data ingestion from third-party property managers and enhanced operational reporting capabilities for real estate fund managers.
The firm writes that the expansion comes as more real estate managers deploy capital into debt strategies and seek more consistent and usable data to support reporting, analytics and emerging AI applications.
Vistra can now administer real estate credit funds and levered equity strategies alongside property and entity accounting within the same Yardi environment. This brings equity and debt administration together in a single workflow, from the loan ledger through to the investor statement, with no handoffs between systems or providers, the firm says.
Beyond standard fund accounting metrics, the expanded platform captures and reports operational data. For data centre investments, for example, this includes power capacity, utilisation rates and lease-by-kilowatt economics alongside financial returns. Similar reporting capabilities extend across office, industrial, multifamily, retail and hospitality assets.
Vistra writes that it also normalises and structures client data so that it can be delivered directly into internal systems, dashboards and data warehouses. Clients retain full ownership of the data and can use it for their own reporting, analytics and AI initiatives without requiring further transformation, the firm says.
Abdel Hmitti, President of Vistra Fund Solutions, says: “Our clients are expanding into debt strategies and relying more heavily on operational data to inform investment decisions. The pressure to deliver all of that from a single, consistent data environment has never been higher. We’ve run our real estate fund administration on Yardi for more than a decade, and this expansion extends that trusted foundation in the directions our clients are heading. With a single controlled environment from the asset ledger to the investor statement, we’re able to meet that demand and deliver best-in-class administration for every property type.”
Vistra, which supports 10 of the world’s largest real assets managers, has added three modules to the Yardi Investment Accounting infrastructure that has underpinned its real estate fund administration business for more than a decade:
Yardi Debt Manager for loan administration and covenant tracking
Yardi Import Manager for automated data ingestion from external property managers
Yardi Data Connect for streamlined data delivery to downstream data warehouses and applications
Together, the three new modules extend the platform across the full data lifecycle. Vistra’s dedicated Yardi team can now automate data flows from third-party property managers into its controlled environment, reducing manual data handling and improving the quality and consistency of information available during quarter-end reporting.
Chris Barbier, Senior Director, Yardi Investment Management, says: “At the heart of this relationship is a shared commitment to helping investors and fund managers succeed. By deploying our investment management solutions across Vistra’s client base, we’re able to put powerful, purpose-built technology into the hands of more professionals who depend on accuracy, transparency, and efficiency every day. We’re thrilled to deepen our partnership with a firm of Vistra’s calibre.”
