Apartment Market Update Oct22

Apartment Market Update

Despite the slowest population growth rate in 70 years, the US apartment sector remains healthy throughout most of the country, according to the recent Multifamily Market Commentary released by Fannie Mae. In the national development pipeline, 386,000 new units were underway as of Q2 2014. Growth indicators from the National Association of Home Builders (NAHB) show that 9.6 percent of the $331 billion of new housing built in 2013 was multifamily construction. According to housing consultant IBISWorld Inc., multifamily development will reach a 28 percent annual average rate increase since 2009, with California blazing ahead due to a 47...

Lifestyle Oriented Oct21

Lifestyle Oriented

Resort-inspired waterparks. Cultural cafés. Vegetated roofs. Walking and biking trails inviting to active lifestyles. These features may not have had a place in urban residential developments in the past but they are now a gratifying reality. Today’s multi-family communities offer much more...

Instagram Hyperlapse

If you haven’t looked into Instgram now is the perfect time to reconsider. Instagram has launched its standalone companion, Hyperlapse, to appeal to the Vine crowd without…well, the Vine crowd. Hyperlapse offers mobile video production that’s quick, simple, and eye catching. In other...

PACE Awards Oct17

PACE Awards

Several Yardi clients were recognized this week by the Property Management Association’s (PMA) Apartment Community Excellence Awards (PACE). Categories included market rate and government-assisted housing, along with green initiative communities, resident retention programs, and communities...

Fast and Furious

The map of U.S. cities wired with Internet super-speeds is growing steadily. Providers have diversifed: in addition to Google, AT&T is bringing a flashy-fast fiber-optic network to towns throughout the country. Recently San Marcos, Texas-based Grande Communications announced plans for a 1...

On The Rise Oct16

On The Rise

Cluj-Napoca, the second most populous city in Romania, and the home of Yardi Romania, is an emerging new real estate and technology market, boasting a quirky mix of old and new. Founded in 1213, Cluj-Napoca is a city brimming with history, with its eyes set on the future. An excellent example of the city’s evolution is Riviera Luxury Residence, a 91-unit luxury condominium project that will be one of a handful of green developments in Transylvania. Currently under development in the city’s hottest residential submarket, the Mărăşti and Gheorgheni neighborhoods, the project (pictured, right) has received Class A energy certification...

AHA! Santa Barbara Oct15

AHA! Santa Barbara

According to the most recent report released by the Center for Disease Control, 22 percent of girls and 18 percent of boys in grades 9-12 reported being bullied at school. The National Association of School Psychologists estimates that is about 3.2 million children who face verbal and physical...

Windows 10

The world was expecting the new Windows 9, but it seems that arithmetic is not the strategy used to name the Microsoft OS. The company decided to jump straight to 10 and unveiled the new operating system recently in San Francisco. It will become available next year; the early presentation...

Drucker & Falk Oct13

Drucker & Falk

One company, two families, three generations.  That’s the short story of Drucker & Falk, a noted real estate management and investment firm now in its 76th year. With a 30,000 unit fee managed portfolio spread over  seven states, this is no mom-and-pop property management operation –...

YASCSB 2014 Photos Oct11

YASCSB 2014 Photos

It’s bittersweet to look over these images of our last Yardi Advanced Solutions Conference in Santa Barbara.  However, we are looking forward to hosting YASC next fall in a larger location to accommodate more attendees.  Thanks to all of the clients and Yardi staff who made this...

YASC Highlights Oct10

YASC Highlights

Friday, Oct. 10 – The Fall 2014 Yardi Advanced Solutions Conference concluded Friday with a final half day of classes and panel discussions, covering everything from advanced report writing techniques to the advantages of choosing a single solution stack for property management. Representing both the commercial and multifamily industries, clients from Post Properties, Tribridge Residential and Arcadia Management Group spoke positively about the benefits realized when they transitioned from a disparate, multiple vendor approach to a Yardi technology stack. “We replaced our numerous different vendors and eliminated the hassles that...

Halloween Safety Oct10

Halloween Safety

During this time of year, your office is likely gearing up for ghoul-themed, candy-laden parties for your residents. A few simple tricks can help minimize risks to guests and keep your Halloween party fun and fright free. On the day of the event, you’ll likely be busy running through the...

WinnResidential Oct09

WinnResidential

Unstable growth and slashed funding in affordable housing would suggest that the sector is no longer a lucrative investment. But demand soars higher and countless companies are showcasing just how rewarding affordable housing can be. Yardi client WinnResidential, the property management arm of...

Welcome to YASC Oct08

Welcome to YASC

Yardi would like to welcome our valued clients to our fall Advanced Solutions Conference in our hometown of Santa Barbara, Calif. We hope you enjoy your stay in our  beautiful beachfront city, but more importantly, we hope that the conference is a valuable learning experience for you. This...

The Graham Companies Oct08

The Graham Companies

The story of Yardi client, The Graham Companies, is a lesson in adaptability. When life handed him lemons, founder Ernest Graham made more than lemonade. He transformed a failed sugar cane plantation into a profitable town with commercial and residential properties as well as farms for dairy,...

Insiders Guide to SB Oct07

Insiders Guide to SB

For our valued Yardi clients who will be coming to Santa Barbara for YASC SB 2014 this week, we are excited to share some of the most popular local options in dining and sightseeing that our beautiful city has to offer. While we know that your focus during YASC will be training on Yardi products and networking with other industry professionals, there should still be a little time to have fun. Perhaps you are even adding on a day or two to your stay to further enjoy one of Southern California’s favorite tourist destinations. If you are looking for additional recommendations on dining, sightseeing and recreational opportunities in Santa...

Senior Star Oct07

Senior Star

Yardi client Senior Star offers independent living, assisted living, memory support, and nursing care for seniors at 13 communities throughout the heartlands of the United States. Senior Star has increased its portfolio by a third and its staff base by 43 percent in just a few years.  The growth signals the company’s successful staff training that focuses on distinctive customer care as well as the adept implementation of software to facilitate efficiency. Beyond memorizing the five corporate values and task-specific skills, Senior Star cultivates empathy as part of staff training. Distinct educational programs help trainees learn to walk...

Buckingham Companies Oct06

Buckingham Companies

Buckingham Companies may have forged its identity as a leader in commercial real estate but its multifamily properties have established their own reputation. In 2013 alone, the company received 19 awards for its singular properties. Spreading the word about Buckingham Companies’ award...

Maximize Conference Oct03

Maximize Conference

For the past three years, The National Apartment Association (NAA), in partnership with Joshua Tree Conference Group, has had the pleasure of welcoming multifamily professionals from around the world for three days of insights, sharing, and fun. Each year, the conference has experienced a...

Maintenance Mobile Oct03

Maintenance Mobile

When J Turner Research released its list of top ten apartment resident complaints, three of the top five complaints reflected renters’ dissatisfaction with onsite staff’s responsiveness; poor grounds upkeep, disorganized  staff and lingering maintenance requests lessen the chances of...