Glassdoor’s Top CEOs Jun21

Glassdoor’s Top CEOs

Anant Yardi, founder and CEO of Yardi, was named today to a prestigious list of the nation’s top corporate leaders by employer review website Glassdoor. Mr. Yardi received a Glassdoor Employees’ Choice Award recognizing the Highest Rated CEOs for 2017. He is ranked No. 32 on the list of top-rated CEOs for large companies in the United States. This ranking is based solely on the anonymous and voluntary opinions offered by users of the Glassdoor platform. The U.S. Large Company category includes firms with more than 1,000 employees. Ratings were compiled during a one-year window, which concluded early in May. Glassdoor is a website where people can rate their employment experience at past and current companies. It is one of the world’s largest and fastest growing job sites, with tens of millions of reviews of over 700,000 companies in 190 countries. When submitting a review, Glassdoor users are asked directly whether they approve, disapprove or are neutral on the performance of the company’s CEO. On Glassdoor, the average CEO approval rating is 67 percent; the CEOs on the 2017 top-rated list all scored above 90%. “I congratulate all of the winners on this significant honor,” said Robert Hohman, Glassdoor co-founder and CEO. “We know that CEO approval ratings correlate to overall employee satisfaction and trust in senior leadership, which contributes to long-term employee engagement.” The accolade is indicative of the high esteem Mr. Yardi is held in by employees at the company. Yardi was founded in Santa Barbara in 1984 as a software start-up with a corporate motto of “Take care of our clients, take care of our employees, stay focused and grow.” Today, Yardi is a global technology leader employing over 5,300 staff in 35 offices worldwide and remains true to its original motto. “Our employees are the heart of this company, and it is especially rewarding to receive this recognition from them. I thank them for their vote of confidence and look forward to continuing our tradition of customer service and innovation as we take care of our clients, employees and the communities that we live in,” Mr. Yardi commented. Glassdoor is one of the largest and fastest growing job sites in the world today. Set apart by the tens of millions of reviews and insights provided by employees and candidates, Glassdoor combines all the jobs with this valuable data to make it easy for people to find a job that is uniquely right for them. As a result, Glassdoor helps employers hire truly informed candidates at scale through effective recruiting solutions like job advertising and employer branding products. Launched in 2008, Glassdoor now has reviews and insights for approximately 700,000 companies in more than 190 countries. For labor market trends and analysis, visit Glassdoor Economic Research. For company news and career advice and tips, visit the Glassdoor Blog and for employer-related news and insights to help employers hire, visit the Glassdoor for Employers Blog. Visit Glassdoor.com or download our apps on iOS and Android...

Yardi Construction Jun20

Yardi Construction

Yardi Construction Management is adding features to address project management tasks. A new, customizable dashboard permits users to access subsets of the core data available in Yardi Voyager. Penny Bailey, Project Manager, Construction at Yardi explains several new functionalities that further improve the efficiencies and interface of the software. Document Organization Whether it’s an essential contract or a quick side note, the planned enhancements to Construction Management make it easier for project managers to stay organized and in control. When project managers need to access documents created in Yardi Document Management, they can now click a link on the Construction Management dashboard. “With jobs, there are thousands of documents and drawings and contracts. It’s a pain to get docs in an accessible, central repository. The link to Orion permits multiple users see documents related to that specific job without bouncing between programs,” says Bailey. Construction Management capitalizes on Yardi Document Management’s advanced search capabilities. Users can search document texts in entirety rather than titles or identification numbers alone. Sometimes, it’s the small things that have a major impact. “We’ve added a quick note icon that floats on the right side of the screen,” says Bailey. “Project managers can make notes and then quickly slide the note aside.” With this feature, users can effortlessly add, edit, and delete notes without using a separate application or uploading multiple documents. Budget On the dashboard, users can now see a real-time budget summary for multiple jobs at once. “Quick access to the current budget and actual cost numbers at a glance is invaluable in determining the status of a project,” says Bailey. The integration for Construction Management and Yardi PAYscan is now more seamless than ever. Project managers can issue approvals for contracts, address change orders, revisions and...

Bike to Work Jun16

Bike to Work

Each May, the good people of Santa Barbara, Calif. are encouraged to put pedals to the pavement and ride their bikes to work. Yardi’s home office in Goleta is a longtime participant in CycleMAYnia, the regional cycling challenge that encourages people of all ages to get back on their bikes. The event has been ongoing since 2005. “The community benefits through fewer cars on the road and reduced emissions, as well as elevated levels of joy and friendliness amongst neighbors, strangers, and coworkers,” said Lori LaRiva, Traffic Solutions/TDM Program Coordinator for Santa Barbara County Association of Governments. “Employees arrive at work refreshed, they let go of stress at the end of the day, they get a free workout, and they experience the camaraderie of a friendly workplace challenge,” LaRiva said. That’s certainly been the experience at Yardi, which captured the win for the 500 – 999 employee category. Companies are stacked up against each other based on size. Second place category finisher, Mindbody of San Luis Obispo, rode just 25 percent of the miles Yardi team members did. Yardi employees racked up 3,598 miles on bikes during the month of May to earn the win, and 439.5 miles during the week of May 15-19 when the competition tallies were recorded. “Not only did CycleMAYnia encourage employees to bike together, but it also encouraged carpooling for those who live too far to bike the entire way.  We had a new cyclist ride from downtown Santa Barbara every day,” said Kelly Johnson, Yardi event coordinator.  “The farthest biker came from Carpinteria.” LaRiva described some of the widespread benefits of the competition. “Every year, participants say that the Bike Challenge gets them back on their bikes again. For some, it creates a casual routine that will last...

2017 Digie Awards Jun15

2017 Digie Awards

Team Yardi represented at Realcomm and IBcon in San Diego this week, where we were honored to receive a Digie Award for technology innovation in commercial real estate. The Realcomm “Digie” Awards – aka the 2017 Commercial Real Estate Digital Innovation Awards – were established in 1999 and recognize companies, projects, technologies and people whose use of technology, automation and innovation have produced extraordinary results. The Yardi Commercial Suite received the award in the Best Tech Innovation Commercial/Corporate Real Estate category, earning recognition as an innovative technology for retail lease administration. See the press release. This award recognizes the powerful capability of our retail property management suite, which is used by companies around the world to manage malls, buildings and more. “The Commercial Suite exemplifies the innovative spirit of Yardi and our dedication to giving our clients new tools for enhancing efficiency and collaboration. Complex workflow management, visualization of floor plans overlaid with key performance indicators and a full suite of reports are just a few Commercial Suite features that give managers better control over their business,” said Robert Teel, senior vice president of global solutions for Yardi. “We thank Realcomm for the recognition and for staging a fantastic pair of conferences.” But we weren’t just there to pick up accolades. Realcomm is one of the leading commercial real estate conferences in the world, bringing together thousands of industry professionals for networking, thought leadership and learning opportunities. Our team members in attendance shared expertise at our booth as well as appeared on panels. Alex Stanton talked cybersecurity in cloud environments, Matt Eggers dished out energy optimization insights, and Esther Bonardi spoke about the challenges and promise of integrating Millennials into the workforce. Anant Yardi himself discussed the history and future of commercial real estate...

Online Groceries? Jun13

Online Groceries?

In today’s age of technology-assisted convenience and accessibility, just about everything is tailored to our own comfort, and finally one of the last remaining chores that has not been commandeered by a service or form of technology is being taken out of our hands—a service to grocery shop for us. Amazon is attempting to expand its place in the e-commerce market by entering the grocery store industry. The largely successful internet giant is in the process of opening two different types of grocery stores. The first, Amazon Go, will function as a traditional grocery store with the exception of a lack of a checkout line, and the second, AmazonFresh Pickup, will act almost entirely as a click and collect grocery pick-up service. Amazon Go customers will simply download the Amazon Go App (in addition to their Amazon accounts), scan their smartphones as they enter the store, and be able to select whatever groceries they like while the store’s technology scans the items they pick up. Customers will walk out of the store and their Amazon accounts will automatically be charged for the groceries in their digital carts. The advanced technology also notes when customers pick-up an item and then choose not to select it but instead place it back on the shelf. Amazon Go stores will adopt technology currently used in self-driving cars including deep learning algorithms, computer vision, artificial intelligence, and sensor fusion to construct their “Just Walk Out Technology.” The Amazon Go stores are expected to offer a wide variety of basic groceries, including many household name brands, as well as a range of ready-to-eat options from local stores as well as Amazon’s own in-store chefs. The company is also rolling out Amazon Meal Kits, which will come prepared with all you...

USC Village Jun09

USC Village

Since breaking ground in 2014, University of Southern California has been working on the construction of USC Village, a 1.25 million square foot communal living and learning center including dining options, student housing, and shopping. Set to open this August, the $650 million housing and retail space will stand on the north side of University Park as the largest development for the University and in the history of South Los Angeles. USC Village will encompass five-story student residence buildings housing 2,700 undergraduates per year. Amenities exclusive to students will include study lounges, basketball courts, playing fields, and a 30,000-foot fitness center. While it seems USC Village will prove itself to be one of the larger examples, student housing developments such as this have become part of a rapidly growing industry. Dorms and college living in entirety has undergone an upgrade within the last decade. Student housing now costs more, but that includes better amenities and nicer rooms – typically with very fast internet. Privately run student housing facilities have become widely popular. These apartment-style buildings designed specifically for college students and boasting even greater amenities then upscale dorm rooms, have had such great success ultimately from a higher number of college students growing up in the era of comfort, technology, and personalization. The philosophy behind this upscaling of student living and these dorms that include amenities such as common rooms, study lounges, and open spaces, is to foster a community and create a living space not just to cram undergrads into but a space where students can individually and independently live and flourish within the university environment. In addition to providing student housing, USC Village is set to function as space for the whole community: students, faculty, and neighboring residents. The site will include...

Cloud Clarity Jun05

Cloud Clarity

A group of real estate technology experts—including Alex Stanton, Yardi industry principal for commercial—took stock of cloud computing’s growing role in real estate in a recent Realcomm-sponsored webinar, “The Latest Trends in the CRE Cloud.” With about 80% of companies running some portion of their workloads in public or private clouds, the panel explored the new opportunities this dynamic environment presents real estate companies as well as potential pitfalls. Emphasis on security Stanton focused on the challenge of safeguarding the massive amount of information involved in cloud-based commercial asset management. “Sources of real estate data are ever-expanding, and more public and private information is available as the Internet of Things takes hold,” he said.  Commercial real estate is now edging into the “Big Data” phase with transactional data being married with content including photos/videos, satellite imagery, weather data and building performance systems. While the collection points for this information can optimize business and site efficiency, they also present more potential points of entry for security threats. As a result, he said, “the bar is continuously being set higher for security.”  Yardi and other solution providers create vulnerability management protocols and multiple levels of data center and application security.  Real estate companies, meanwhile, must educate their employees on protecting the information they access with business applications on remote devices and other means. “We continue to see the acceleration of technology adoption in the commercial real estate space. It will be an exciting journey, but from a data governance standpoint we need to constantly adapt and identify the solutions that will connect them in an ever-evolving environment,” Stanton said. IT’s new perspective Another panelist was Bob Rybak, chief information officer for Morguard, whose portfolio includes 44 million square feet of commercial space and adopted 100% cloud...

Tech + Logistics Jun05

Tech + Logistics

The rise of ecommerce has revolutionised the way we shop – but it has also transformed property logistics. Technology is helping retailers and carriers to manage stock movements, in-store click & collect and home deliveries, but it is also a costly investment. Who will pick up the tab? How are developers, investors, distributors and occupiers using ‘smart logistics’ to serve their customers? Yardi brought together a panel of thought leaders in a roundtable at Property Week’s Sheds Conference in Birmingham. The panel: Paul Crosbie, investment manager, M&G Real Estate Jonathan Gardner, head of asset management, Delin Capital Nick Kay, development director, St Modwen Properties Len Rosso, head of industrial and logistics, Colliers International Charles Spicer, Midlands industrial and logistics director, Savills Claer Barrett, personal finance editor, Financial Times (chair) CB: What do you all think the ‘shed of the future’ will look like? How will the needs of occupiers change over the next five years? LR: I don’t think we should call logistics space ‘sheds’ anymore. It is a much more technologically advanced product than the name suggests. Drones, robots and automation are all on the horizon, but I think the biggest change we’re seeing right now is higher eaves heights and mezzanine floors. Occupiers want to use all the space they’re paying for – not just the ground floor. PC: People are getting very excited about drone deliveries, but they are more likely to be used for rural areas rather than built-up urban locations where their use will be more restricted. JG: Occupiers will still be using vans and lorries, charge can bypass the 200-mile mark, it will really make a change to the use of this technology. NK: And look at the activity going on inside the shed. The rise of the ‘sharing economy’ is a big trend. We’ve seen Airbnb; now there’s a similar business called ZupplyChain for third- party logistics [3PL] companies with excess space to lease it out. If you can find space in areas of undersupply, it would make the market more fluid and ease the supply crunch. CS: The shed of the future won’t be one size fits all. Our market is very varied and diverse – so a manufacturer’s requirements are very different to that of a pure logistics operator. That said, we’re already seeing multi-level facilities and in the future we could well see subterranean ‘sheds’ in high-density urban areas. At the Property Week Sheds Conference, we’ve just heard a number of occupiers say they would not be averse to the idea of sharing space in the future so I anticipate more multi-user facilities as is commonplace in mainland Europe. There are covenant and lease issues but nothing that is insurmountable. We may see a company that is institutionally acceptable taking a ‘master lease’ and then space split between multiple users and companies in a Regus-type model. CB: As investors, how happy would you be with the idea of a shared shed? PC: A facility shared by a number of operators would be interesting if there was an overriding lease. It could give investors more comfort if there was some diversity alongside the main tenant. LR: DHL has been talking about that model for the past five years, but it hasn’t happened yet. JG: Well, it has happened in mainland Europe. 3PLs want to match their lease lengths with their contract terms. If they have a three-year contract, they don’t want to take a five-year lease. However, this comes at a cost – they accept they will have to pay a much higher rent in some locations. Other 3PLs will take a big lease and will stack the space with three or four different customers’ kit. Even then, there could be quite tough conditions to meet, such as 50% of the space being occupied by one client for the full length of the lease. PC: I agree that the sheds –...

Cities Take the Lead Jun02

Cities Take the Lead

Treaties and international accords can certainly trigger change, but most of the time the real action happens on the ground. Grassroots campaigns and public support can often pick up momentum, powered by the actions of small groups and individuals committed to a cause. As a result, when it comes to global issues like sustainability, renewable energy and climate change, cities have to power to make a big difference. “There is no single solution for solving global climate change,” declares the C40 Cities organization, “but cities have the ability, capacity and will to lead.” “We believe that a global future lies in urban innovation and action,” the group states on their website. “As the majority of future humans will live in cities, it just makes sense that our solution to climate change will reside there too. A Costly Climate While images of starving polar bears and collapsing glaciers have come to symbolize the environmental impact of a warming planet, the economic effects felt by cities are equally significant. According to a new study published in Nature Climate Change, large metrolpolitan areas experience the economic consequences of climate change at a rate three times higher than the less populated regions of the world. Some of the costs are the result of the “urban heat island effect.” Because cities often include huge swathes of land covered in pavement and concrete buildings, the heat those materials absorb is emanated back out into the atmosphere, resulting in temperature increases as high as 19˚F.  Researchers have dubbed Los Angeles an “urban heat archipelago,” for example, because urban sprawl has led to several “islands” spread out across the Los Angeles Basin. “It’s like a whole chain of urban heat islands that run into each other,” explained Gina Solomon, Deputy Secretary for Science...

Student Housing May31

Student Housing

Just as industry experts thought the interest in student housing may begin to plateau, the prospects for growth are shining brighter. Investors made $1.1 billion in student housing property transactions in the first quarter of 2017, reports CRBE. This figure excludes portfolio deals, which held their own: Q1 ended with the sale of a $1.6 billion portfolio, which is a great start to the year. Local and foreign investors are showing confidence in the student housing sector. Student housing is historically more stable throughout economic fluctuations. There are fewer enrollment surges during times of prosperity and fewer dips in enrollment during challenging times, reports TH Real Estate. Tom Park, Senior Director, Strategy & Research at TH Real Estate, explains: “Rental growth in the sector has proven to be less volatile than that of conventional apartments – partially as a result of the sector being less economically sensitive. Results for some of the largest players in the market show rental growth volatility, as indicated by the standard deviation, was lower than conventional apartments and capital expenditures are in line with those of conventional apartment.” College enrollments have continued to rise since 2008. Most notably, 2014 ushered in $3.5 billion in sales, topped in 2015 with $6 billion and $10 billion in 2016. The consistent growth contributes to the perception that student housing is a recession-resistance sector. Enrollment in and applications for post-graduate programs are also rising. TH Real Estate estimates that about 3 million students enrolled in post-graduated programs in fall 2016. That figure has consistently risen since 2010 when enrollments maxed at about 2.2 million. Post-graduate studies will extend the demand for student housing Though enrollments continue to grow, state budgets for education are shrinking. Public colleges and universities seek out institutional investors and developers...

Apple Park May30

Apple Park

One of the world’s most impressive development projects is close to being finalized. The super-famous spaceship structure that’s to serve Apple’s needs in Cupertino, Calif., is a few months away from welcoming the first employees. The tech giant announced in a prepared statement that the campus, dubbed Apple Park, will be open to its people in April. Since the start of construction in December 2013, the project has been under close observation by fans and opponents alike, buzzed constantly by curious drones. The material they gathered didn’t disappoint, in fact, viewing any of the multitude of aerial videos, the astonishing attention to detail is crazy. It’s almost impossible not to let your mind drift towards the device that made Apple, Apple—the Mac. Apple Park is estimated to have a $5 billion price tag—a figure CEO Tim Cook didn’t dispute on a 2015 TV interview. The project was born out of Steve Jobs’ idea of developing a center for creativity and collaboration and features extraordinary structures throughout its 175 acres. Its ring-shaped main building totals 2.8 million square feet and is entirely covered in the world’s largest panels of curved glass. It will be surrounded by a lush canopy of over 9,000 native and drought-resistant trees, leaving almost no cement-laden from the campus Apple had acquired from HP. The 1,000-seat theater at Apple Park will be named the Steve Jobs Theater to honor his memory and the enormous impact he had on Apple and the world; the 20-foot-tall glass cylinder with 165 feet in diameter, covered by a metallic carbon-fiber roof, will be situated atop a hill, one of the highest points within Apple Park, overlooking meadows and the main building. “Steve’s vision for Apple stretched far beyond his time with us. He intended Apple...

YASC DC 2017 May24

YASC DC 2017

The 2017 Spring Yardi Advanced Solutions Conference (YASC) in Washington, D.C. kicked off with a glimpse into the future of relationships and technology. Yardi CEO and founder Anant Yardi addressed the crowd of nearly 1,500 clients on how cloud services, mobile apps, and artificial intelligence can be used to improve relationships. Mr. Yardi explained how Yardi will use technology to improve client relationships. He announced the creation of a task force that will address user concerns based on app ratings. “We need an organization—and we’ll set that up—where anytime we get a rating, we need someone looking at it and contacting that user. If there is a response-time issue, a particular problem, we can help them as the problem occurs. Know that service is important to us,” continues Mr. Yardi. “If it’s not good enough, we take action.” In the spirit of improvement, Yardi will continue to enhance cloud services and securities for its users. Recent cloud architecture investments included, but were not limited to, Next Gen firewalls, intrusion protection appliances and software, DDoS protection, web application firewalls, and end point protection. Ongoing training ensures that security staff stays up-to-date with the latest advancements in the field. “We now have a SWAT team within our cloud and they’re constantly monitoring for changes,” chuckles Mr. Yardi. “We are sending members of our security teams to all of the security conferences so that we can be sure that we’re doing the right thing by you.” Staying abreast of trends is another way that Yardi plans to improve relationships through technology.  The refinement of artificial intelligence paves the way for a vast array of applications, not the least of which includes property management. Mr. Yardi posed conceptual applications that use machine learning to improve clients’ bottom line. Unlike...

Growing Office Rents May23

Growing Office Rents

CBRE recently released the Spring 2017 North America Suburban Office Trends Report. Econometric advisors foresee positive net absorption and rent growth will continue throughout suburban office markets in the United States. A handful of cities stand out for their growth. For more than 27 quarters, the U.S. suburban office vacancy rate has refused to rise. Sluggish new supply in major suburbs cannot keep up with increasing tenant demand. Even suburbs that were slow to recover from the recession are now showing luster.  CBRE reports that several Florida markets, Milwaukee, Phoenix, and even Detroit posted year-over-year vacancy rate decreases of 200 bps or more in Q4 2016. Submarkets that cater to thriving industries, such as technology, stand to benefit the most from this trend. Major suburbs that offer energy efficient spaces and top-end amenities will also do well. The following 10 markets are slated for success throughout 2018. Suburban Atlanta Rents increased by 10.1 percent, ending 2016 at an average of $22.47 per sq. ft. Atlanta Business Chronicle reports that some neighborhoods of the metropolitan area just made history by breaking the $50 per foot barrier. Cambridge, Mass. The vacancy rate declined by 180 basis points by Q4 2016, ending at 3.8 percent. The average price came in at $65.26 per sq. ft. The new city of Cambridge has grown in large part due to the presence of technology powerhouses, Microsoft and Apple. The presence of academic professionals, employees of Cambridge Innovation Center and WeWork also contribute to the high demand for office spaces. Suburban Fort Lauderdale, Fla. At the end of Q4 2016, the suburb yielded 8.3 office rent growth, at a price of about $29 per sq. ft. New construction and the conversion of some retail spaces into office space may provide relief...

Business Travel May22

Business Travel

Travel Leaders Group, the largest traditional travel agency in North America, released the 2017 Business Travel Trends survey. More than 540 agents participated in the survey, each with a portfolio composed of at least 50 percent business travel clients. The survey highlights industry trends as well as business travelers’ leading concerns. The business travel sector is projected to remain strong with 86% of agents expecting bookings to remain “as high or higher” than the same time last year. With potential growth in mind, industry professionals search for ways to improve the traveler experience. Top Concerns Each year, agents reported the top travel three concerns for their clients. The chart below reflects changes from year to year.   While agents can do very little to ease difficulties within the airlines and TSA, they have committed to tackling the problems within their reach. Agents reported that they are most able to address or mitigate the following concerns for corporate travelers: Delayed flights 48.6% Making sure someone has their back 39.2% Earning frequent flyer/loyalty points 32.3% Limited airline seat availability 28.7% Travel costs 25.1% Wish Lists Skift, the nation’s largest industry intelligence platform, created the Supertraveler’s Wish List this year. Beyond the woes of airlines and agents, this list hones in on what business travelers seek on a personal level. The most sought-after features include better apps for hotels and improved retail in and around accommodations. Those are great additions for short term stays. But for travelers on assignment for several weeks or months, more is needed to help them feel comfortable. Corporate housing provides a more permanent feel than hotels—but they rarely get it right. Beyond pots and pans in the kitchen, corporate housing fails to address personal needs. Yardi has created a travelers’ wish list to...

YASC Scavenger Hunt May20

YASC Scavenger Hunt

Join the social media photo scavenger hunt at YASC 2017 in Washington, D.C. This is a great way to network with fellow attendees, explore the conference offerings, and learn about Yardi’s history, products, and values. We invite you to jump in on the fun! It’s easy to participate: Snap and post photos of scavenger hunt items on Twitter and Instagram Tag posts with the event hashtag, #YASC2017 Winners will be announced on social media Thursday, May 25, starting at 9am EST Rules: Snap and post on Twitter or Instagram using #YASC2017. Accounts must be public for posts to be visible during contest. There are lots of fun prizes, so don’t miss out!  YASC photo scavenger hunt list: At the YASC Registration Desk A General Session photo Networking at lunch or a break A Washington, D.C. landmark (outside the hotel) With a Yardi staff member (look for the Yardi shirts) Visit Knowledge Central In a course or panel session Selfie with your team or YASC attendee At one of the YASC receptions A favorite moment at YASC Questions?  Visit the Networking Lounge in Columbia Hall of the Washington Hilton, message Yardi on social media, or email us at...

YASC DC 2017 May19

YASC DC 2017

We’re excited to welcome more than 1400 of our valued Yardi clients to the Washington Hilton in Washington, D.C., next week for our biannual Yardi Advanced Solutions Conference (YASC). The networking, fun and learning begins Tuesday, May 23, and concludes Thursday, May 25. Attendees will enjoy a robust schedule of training courses, networking and social events, opportunities to get hands-on with Yardi software, ask the experts and much more. If you’d still like to attend, it is not too late to register. As he has done for the past 15 years, Yardi founder and CEO Anant Yardi will kick off the event on Tuesday morning with a keynote address to attending clients and staff in the International Ballroom. Mr. Yardi typically offers a high-level overview of technology advancement and points of connection to the real estate industry. YASC will be held on the West Coast in San Diego, Calif., from Sept. 13-15. International YASC events are slated for Amsterdam, Singapore and Sydney this fall. A growing YASC Middle East took place this past spring in Dubai. “Our Yardi conference offerings continue to expand, and our goal is for the quality of the client experience to continually improve,” said Tim Hoover, Yardi creative director and producer of the event. “As our repeat attendees can attest, no two YASCs are the same as we strive to make each one better than the last.” Features of this year’s Washington, D.C., conference includes: Opportunities to Connect Over Lunch Network with industry peers and hear more about what they’re doing and how they’re doing it. At lunch, look for signs on the tables and select your seat based on your area of interest. A Yardi specialist will be at each table to answer product-related questions. Client Panels and Roundtables Considering a new core product purchase or want to improve how you use your existing platform? Check the course list for the client panels and roundtable discussions. These are great places to pick up tips and insight from your industry peers. Knowledge Central Have a technical question about a Yardi product that you currently use or are considering purchasing? This is the place to go for expert help, one-on-one support, product demonstrations and information about upgrades and implementations. The sales team will be giving away some cool Patagonia gear to clients who stop by for a demo, so if you’ve been wanting to ask about a product you don’t yet have, this is a great time to do it. Wednesday Night Yardi Parti Yardi’s YASC celebrations are known for their food, entertainment and fun! Join us to celebrate our 2017 theme: “Energized for Tomorrow” and see what everyone is talking about. Dinner, drinks, live music, dancing, photo booth and more will take place on Wednesday night in the International Ballroom. Networking Lounge Stop by the networking lounge in the foyer of Columbia Hall and sit down for a conversation with your new industry connections. The Networking Lounge is also where you can find Yardi social media staff, who can answer questions about using social channels for branding, marketing and connecting with your consumer base. Social Media Channels We’ll be running contests throughout the conference, so get engaged and share your experience on social media using #YASC2017 for conference news, prizes and more! You’ll find us @Yardi on LinkedIn, Twitter and Facebook, and @YardiSystems on Instagram. Follow the Action We’ll be posting live from the event and so will our social media savvy clients. Find all the posts in one place at our YASC Social...

Energized for Tomorrow May17

Energized for Tomorrow

Yardi has been creating real estate software for more than three decades. The company was founded by Anant Yardi in Santa Barbara in 1984, and over the years Yardi has become a respected industry leader and pioneer, providing technology solutions for almost every conceivable real estate vertical. After more than 30 years in the business, you might expect us to be setting the metaphorical cruise control while we enjoy the ride. Time to think again. As we focus on 2017 and beyond, Yardi is proud to unveil a new theme and direction. We are Energized for Tomorrow. Capturing our spirit Energy powers our bodies, our homes and our businesses. It is part of natural processes, people, machinery and technology. Energy is also an invaluable description of spirit. When we say “energized,” you might hear “focused, excited, driven, motivated, ready, enthusiastic, prepared.” But that’s just the beginning. Energy is contagious. It spreads quickly and can power exciting results and success. For us, it all starts in the workplace. We hope to continue perpetuating the positive, supportive, family-focused energy that is part of our longstanding corporate culture beyond our offices. Serving our clients Our clients tell us that they enjoy coming to our Yardi Advanced Solutions Conferences (YASC), as well as the vertical-focused Yardi Forums, because of the spirit of community at Yardi. As we continue to grow globally, we will find new ways to share that energy. Our energy for creative development and progress is frequently powered by our valued clients. We thrive when we listen to their challenges, strategies, struggles and successes. We are energized by creating products that help our clients run their businesses better. Energy is also a very practical consideration for every business owner. No matter what your segment of the real estate industry, providing efficient and affordable utility services and billing is a consideration. Energized for good Finally, we want to use our energy to give back. As part of our philanthropic efforts, we are working to promote the cause of energy efficiency on a national level. We have provided education grants to BOMA, IREM, NAA and BOMI International to move this important work forward. The goal is to help reduce energy use in commercial, residential and mixed-use properties through education and technology. We look forward to sharing more about how we are energized for good in the months to come. This year and into the future, we want to stay Energized for Tomorrow. Thank you for joining us on the...

Shining Cities May16

Shining Cities

Solar power installations marked a new high in 2016. The U.S. now has 42 gigawatts of solar photovoltaic energy capacity, sufficient to power 8.3 million homes and reduce carbon dioxide emissions by 52.3 million metric tons annually. The solar capacity grew by 55 percent year-over-year, according to an analysis released by Environment America Research and Policy Center. The report, “Shining Cities: How Smart Local Policies Are Expanding Solar Power in America,” shows that the top five positions are occupied by San Diego, Los Angeles, Honolulu, San Jose and Phoenix. An impressive number of American citizens have invested in their own solar projects in their communities, while many more are ready to enroll. In 2016, just the top 20 cities accounted for as much solar power capacity as the entire country had installed in 2010, nearly 2 gigawatts. There is also a new number one solar-powered city, San Diego, which is replacing Los Angeles. But even though the industry marked such great progress last year, there are still vast amounts of untapped solar potential. San Diego, for instance, has developed less than 14 percent of its technical potential for solar energy on small buildings. “San Diego is setting the standard for other cities across the country when it comes to protecting our environment and creating a cleaner future,” San Diego Mayor Kevin Faulconer said. “This new ranking is a testament to the many San Diego residents and businesses harnessing our natural resources as we march toward our goal of using 100 percent renewable energy throughout the city.” In order to shift the U.S. toward an economy powered by 100 percent renewable energy, officials must continue to adopt a series of pro-solar policies. “Cities are recognizing that clean, local and affordable energy just makes sense,” said...

Corporate Housing May15

Corporate Housing

Corporate travel has its perks. Thrilling locales, new experiences, and passport stamps are just a few takeaways from life on the road. Yet for traveling professionals with longer assignments, housing can be the least exciting part of the job. One company aims to improve corporate housing one unit at a time. Seattle-based Synergy Global Housing specializes in a “left of center” approach to employee accommodations. The company garners feedback from real traveling professionals in order to create temporary housing that feels like home—maybe even a bit better. A new Synergy property in Paulo Alto combines several of the latest concepts from the company’s idea incubator: Transport Made Easy Synergy paired with PUBLIC boutique bike manufacturer in San Francisco to create the Gear Wall. Amongst custom storage compartments and living plants hangs a shiny red bike. It entices residents to take it out for a spin. “It is our hope that these bikes also encourage guests to go outside of their apartment communities and see more of the world beyond their window view,” states the Synergy blog. The bicycle fills multiple voids, allowing users to gain quick access to the workplace and local businesses while fitting in a quick workout. The slower mode of travel can help residents learn more about the neighborhood and improve integration. Unique to You Rather than a one-size-fits-all design scheme, Synergy Palo Alto units come with a variety of aesthetics from which to choose. Themes include, but are not limited to, vintage, contemporary, sporty, and elegant. Residents can choose the unit style that most closely appeals to their lifestyle. The curated designs elevate housing standards beyond cookie-cutter hotels, helping travelers feel comfortable in their new space. Family First Time away from loved ones is often cited as one of the...

Self-Driving Taxis

Once found only in science fiction, self-driving cars are about to show up on a street near you. Goldman Sachs estimates that the market for advanced driver assistance and autonomous vehicles is expected to grow from roughly $3 billion in 2015 to $96 billion in 2025 and balloon to $290 billion in 2035. When two giants meet and start planning together, the world expects great things. One such collaboration, between Daimler — the world’s largest maker of premium cars, and Bosch — the world’s largest automotive supplier, is poised to bring a major change to the auto industry. The two companies are teaming up to develop self-driving cars and speed up the normalization of “robo-taxis.” The fully automated vehicle is planned to be ready for use in urban markets in the early 2020s, the companies say. The autonomous driving system will be designed for city driving. The expectation is that self-driving taxis will improve traffic flows in cities and road safety. The development alliance is on a mission to create a system for fully automated Level 4 and driverless Level 5 vehicles. The Society of Automotive Engineers has defined five levels of driving automation: Level 4 means the car assumes all of the driving in many conditions — it could drive fully autonomously in specific geographic locations, such as a certain route in a city center, or in certain weather conditions. Level 5 is reached when the vehicle can operate in all conditions, without requiring any human intervention at any time. Daimler, through its passenger car brand Mercedes-Benz, has been working on autonomous vehicles for years. At the same time, the company keeps a close eye on the growing group of people who would rather use public transportation and car-sharing than own a car....