The Balance Sheet - Yardi Corporate Blog

The Main Place

Addressing Invisible Need

The needs of our neighbors aren’t always evident. When Sharon Johnston served as the president of Irving Women’s Network (IWN) from 2004-2006, the organization was shocked to discover that there were over 1,000 homeless teenagers in their town. Johnston immediately called the school district’s homeless liaison to figure out how such a need could be […]

Technology

OnePlus One

Invite-only, low cost smartphone

There’s a new kid on the smartphone block. Hailing from China, they call it the “flagship killer” due the extremely low price of $299 off-contract. It’s the OnePlus One, the smartphone that can be purchased only through invitation. Pete Lau, former employee of OPPO where he led the Blu-ray division, launched this startup in December […]

People

Josh Champion

Carroll Organization

Josh Champion considers himself a student of the real estate business, and since joining the Carroll Organization three years ago, his learning has kicked into a higher gear. Diving headfirst into the task of growing Carroll’s multifamily investment portfolio at a fast and furious pace, Champion oversaw 22 transactions in 2013, valued at over $1 […]

Technology

iOS for Enterprise

Apple & IBM Partnership

Apple and IBM share a past, and recently announced plans to share a future, as both look to continue growth in their respective market niche. The news brought back memories from 30 years ago, when a partnership between the two companies was unimaginable. The goal of the partnership, according to an Apple press release, is […]

Giving, People

Candlelight Ranch

Sustainable Empowerment

Candlelight Ranch provides nature-based camps for children with special needs. By customizing experiences to accommodate each group, children receive the care that they deserve as well as the challenges and opportunities that they crave. Public Relations and Marketing Chair, Adrienne Hagler, has served Candlelight Ranch for four years. The joy of working with a nonprofit […]

News

Measuring Payback

Assessing green initiatives

Investing in earth-friendly energy solutions is an ongoing trend in real estate, across all market sectors. Political and ethical reasons for implementing green building and utility systems notwithstanding, investors and owners of real property assets are often motivated to use new technology for monitoring and controlling energy use for an even simpler purpose: to cut […]

News

Green Affordable Housing

Most coveted features

The widespread presence of sustainability features in affordable housing is finally underway thanks to changes in government regulations and financing incentives. Key green features are in high demand, forming a new standard in affordable housing. Affordable housing communities are becoming greener from the ground up, beginning with optimal placement: the north-south and east-west orientation of […]

People

Trade Street Residential

Mid-sized Market Trends

2014 has experienced notable growth in mid-sized markets with an expected rent growth of 3-5 percent by year’s end. Yardi client, Trade Street Residential, has capitalized on this market, flourishing in developing markets throughout the southern United States. To achieve its success, the company became proactive about its new wave of renters and their metropolitan […]

People

Reece Crossings

Military Living from Corvias

Yardi client Corvias Military Living, an affiliate of the Corvias Group, has opened Reece Crossings, the Army’s first-ever on-post apartments for junior unaccompanied service members in Fort Meade, Md. Reece Crossings consists of 432 apartments and will house 1,000 junior unaccompanied service members, allowing them to live on the installation, closer to their work and […]

News

Millennial Myths

How do they eat, shop?

The 77 million Americans that constitute the Millennial generation are attracting plenty of attention. A generation that already wields hundreds of billions of dollars’ worth of buying power, these young adults represent a huge rental and employment base, as well as a strong and growing contributor to the retail sector. Thus, developers, investors, advisers and […]

News

Investment Drivers

Commercial real estate

The real estate landscape is in constant evolution, with developers always on the lookout for smart investment opportunities. Whereas the direction of new development efforts is dictated by a combination of factors, including market conditions, economic considerations and demographic trends, quality infrastructure systems act as a platform supporting real estate growth across the globe. According […]

News

Cross Training at Work

Benefits for business

Cross training has been with us for ages, though perhaps not under its formal name. In short, cross training is when an employee who was hired for one position is taught the skills needed to perform additional jobs. It occurs within the workplace naturally, especially in small businesses, yet during the recession larger companies relied […]

People

Mike Scilingo

Urban Innovations

Urban Innovations, an owner/manager of commercial real estate in Chicago, takes a unique viewpoint of their portfolio. The company thinks of the 770,000 square feet of space under their management – most of which is located in Chicago’s River North – as one big building. “We like to focus on geographic synergies where we can […]

News

Achieving Occupancy

Tarragon Chooses RentCafe

Property management company Tarragon Property Services casts a wider marketing net, executes the complete leasing process online and provides convenient online resident services—all with RentCafe™. The upshot is consistently near-full occupancy. Tarragon uses RentCafe, a full online leasing and resident services solution, to attract prospects to its apartment units in Washington state and execute the […]

Giving, People

Learning, Naturally

Wilderness Youth Project

Yardi’s former Vice President of Client Services, Michelle Howard, now serves as Development Director at Wilderness Youth Project (WYP). Her passion for the environment prompted the career change. Yet after nine years of service, she has realized that the nonprofit’s scope extends beyond Mother Nature: WYP prepares children for a future in environmental stewardship while simultaneously […]

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