The Balance Sheet - Yardi Corporate Blog

7 Benefits

Required Renters Insurance

Still letting your renters choose if they want to purchase renters insurance? You’re likely wasting money and putting your property and its owners at risk. We’ve identified seven benefits of required renters insurance that can help property managers save money, protect the property, and keep owners happy. When you require renters insurance from your residents, […]

Technology

Mobile Branding Matters

Your Brand in Renters’ Hands

Take a guess. How much time do you spend on your phone every day? Add up all those downward glances, text replies, phone calls and photo filters. If you’re like the average American, you spend 5.4 hours on your smartphone. And if you’re like me, that’s way more than you expected. Those numbers come from […]

Giving

Ray of Hope

The Lighthouse Saskatoon

Rick M. was starting to lose his eyesight. His optometrist missed the glaring signs of glaucoma. As a result, Rick was completely blind in one eye within two months of his appointment. The visual acuity in his other eye measures 20/60. The quick onset of the condition radically transformed his life. Rick, a university-educated and […]

News

2020 Foresight

Real Estate Trends

Here’s a sampling of developments to follow this year. Proptech grows . . . The use of property technology will continue to expand across all real estate sectors. “Property managers and asset managers are leaning into technical solutions for productivity enhancements and operational efficiency. They are digitizing as much information as possible, so that analytics […]

Technology

Senior Tech at CES

Cutting-Edge Caregiving

Early January is a special time of the year for the technology-inclined. Tens of thousands flock to Las Vegas for four days to feast their eyes on the latest inventions and innovations at CES. There were over 4,500 exhibitors clamoring for attention this year. But hidden among them were a surprisingly large number of vendors […]

Matrix, News

New Office Insight

Yardi Matrix Update

Here are some highlights of the most recent U.S. office property report from Yardi Matrix: Office-using employment increased 1.6% year-over-year in November 2019. The average asking rate increased 2.3% year-over-year that month while the vacancy rate fell 10 basis points to 13.6%. Growth in demand for office space as measured by office-using employment is heavily […]

Marketing

Efficient Conversions

How to Nurture Leads

According to Gleanster, only 25% of your marketing leads are prepared to buy. About 50% of leads enter a sales funnel undecided. That leaves a noteworthy 50% of leads that are dropped or go cold. Improving how you nurture leads and how to streamline that process can help you achieve more conversions and see greater […]

Technology

In Renters’ Wallets

5 Most Valued Smart Home Devices

We’ve all heard that renters are interested in smart home devices. How much are they willing to pay for them, though? We dive into the 2020 National Multifamily Housing Council (NMHC) & Kingsley Apartment Resident Preferences Survey to find out. What renters value is determined by how much they are willing to pay. The Resident […]

Coworking, News

Home, Office

Multifamily + Coworking

Home is where the heart is, as well as the home office for some. All the time at home in front of a computer, however, can lead to feelings of isolation, a lack of inspiration, and a lack of meeting space for collaboration. Remote employees and freelancers turn to coworking spaces for help. To avoid […]

News, Technology

How PHAs Simplify and Save

Changing workflows for the better

Public housing agencies are among the busiest organizations in the residential property management industry. There’s a lot going on. Most PHAs have thousands of names on their waiting lists. As names come up for consideration, staff faces hours of detailed work to ensure that that applicants qualify for housing assistance. Once applicants become residents, PHAs […]

Technology

Rise of the Digital Assistant

The New Multifamily Standard

Google anticipates that there are more than 20 billion devices connected to the internet of things and the digital assistants that manage it. This increase in connectivity has a dramatic impact on how people interact with their living spaces. Forward-thinking multifamily firms are capitalizing on the new technology and getting ahead of the curve. Renters […]

Global

International Outlook

Tech will dominate the decade

Editor’s note: the below perspective on 2020 and the decade ahead for technology and real estate comes from Neal Gemassmer, vice president of international for Yardi. Originally published in Property Week, it is reprinted here with permission. The festive period was an invitation to reflect on the year gone by and the year ahead, even […]

Giving

Neuroscience in the Park

Start2Finish helps Canadian Children

The importance of childhood play has had anecdotal value for ages. In the 1960s, however, studies on rodents and brain development encouraged neuroscientists to formally explore the importance of play in childhood development. Their efforts have paved the way for programs like Start2Finish that improve childhood academic performance through physical activity. Acknowledging multi-dimensional complexity When […]

Giving, People

Making History

Dominium + Affordable Housing

Dorothy Day Place, owned and operated by Catholic Charities of St. Paul and Minneapolis, has made history. With 370 permanent supportive homes and 356 emergency and medical respite beds, it’s one of the largest affordable housing projects in the state. The project is also the largest public-private partnership involving housing in Minnesota history. Dorothy Day […]

News, Technology

Connection vs. Safety

Real Estate Challenges FCC

To remain competitive, real estate providers face pressure to provide high speed internet. This pressure is felt throughout all property classes, from subsidized to luxury housing and commercial properties. Yet the Federal Communication Commission (FCC) is pushing back against signal boosters that pose a threat to public safety. The story is currently unfolding. Here is […]

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