The Balance Sheet - Yardi Corporate Blog

Automate Routines, Humanize Exceptions

Apartmentalize Session Recap

At 2023 Apartmentalize powered by NAA, Yardi Vice President Richard Malpica led a panel with multifamily executives about how staffing challenges are driving the need for automation and centralization. Meet Berkshire Residential Investments Vice President of Marketing Justin Wald, Fogelman Properties Vice President of Shared Services Kim Young, ROSS Companies Vice President of Marketing Taylor […]

Giving

Texas Conservation Alliance

Saving Texas Wildlife

In 2022, Yardi offices supported more than 350 nonprofits worldwide. For the remainder of the year, we will bring you the stories of those organizations and insight into how they aid their communities. Let’s travel to Dallas, Texas and introduce you to the Texas Conservation Alliance (TCA), founded in 1972. Since they were founded, TCA […]

Matrix

Supply Forecast

Improves for Multifamily

The multifamily housing supply could increase to nearly seven percent by the end of 2023, states the latest Multifamily Supply Forecast from Yardi Matrix. The Q3 2023 supply forecast update has increased forecast completions 6.9 percent for 2023 and 6.5 percent for 2024. The near-term forecast was increased this month as the under-construction pipeline […]

Senior Living

Honoring Jodi Guffee

Changemakers 2023

We hope you’ve enjoyed this year’s Changemakers series to date, a series full of inspiring interviews with leaders across the senior living industry. As sponsor for the fifth consecutive year, we’ve enjoyed sharing the interviews and highlighting how each honoree is building a better tomorrow. Today’s featured Changemaker is Jodi Guffee, owner and chief operating […]

Technology

Power of Customization

Elevate Training with Aspire

In the dynamic world of property management, training and development play a pivotal role in ensuring the success of your team and the smooth operation of your business. As a leading learning management system (LMS) provider, we understand the importance of seamless integration and customization when it comes to training your valuable workforce. Our cutting-edge […]

Energy

Satisfying Investors

With ESG Excellence

Today’s real estate investors not only want the financial and operational numbers on their assets but what’s driving them. That includes environmental, social and governance (ESG) performance, which is becoming increasingly important to property occupants, investors and regulators. In fact, many institutional investors who provide money for U.S. real estate companies incorporate ESG criteria into […]

Matrix

Self Storage Stalls

Yardi Matrix Reports

Responding to moderating demand, self storage street rates remained healthy through the second quarter of 2023, according to the latest National Self Storage Report from Yardi Matrix. Nationally, the average rate for self storage units overall remained unchanged month-over-month. Historically, rates tend to increase in the summer months. With the exception of 2019, every year […]

Matrix

Forecast Adjusted

For Multifamily

Market corrections in Florida and California contributed to a month-over-month increase of average asking rents nationally by 41 basis points in May, states the latest Multifamily Forecast from Yardi Matrix. It was a decrease from the 44-basis-point MoM increase recorded in April and was prompted by actual decreases in asking rents in two regions: Florida […]

Senior Living

Honoring Earl Parker

Changemakers 2023

If you’ve been following this year’s Changemakers series, sponsored by us and presented by Senior Housing News (SHN), you’ve seen the range of inspiring honorees recognized so far. Each leader has been selected based on their ability to spark innovation, drive positive change and strategize ways to make the senior living industry a better place. […]

Matrix

New Rent Record

For Student Housing

The student housing sector continues to record strong rent growth and preleasing performance is up slightly over 2022, according to the latest National Student Housing Report from Yardi Matrix. As of June, 86.6 percent of beds at Yardi 200 universities were preleased for the upcoming fall term, a 5.2 percent increase from the prior month. […]

Giving

Caring in Bristol

Combating Homelessness in England

Yardi is committed to supporting the community in every city where our offices are housed. Each year, the company distributes philanthropic aid to organizations selected by its employees. In 2022, Yardi offices supported more than 350 nonprofits worldwide. Let’s travel across the Atlantic Ocean to Bristol, England and introduce you to the Yardi-supported nonprofit, Caring […]

Matrix

Multifamily Rent Update

From Yardi Matrix

Multifamily asking rents grew another $7 last month, on average, but year-over-year growth fell to 1.8 percent, according to the latest Yardi Matrix National Multifamily Report. That’s down 70 basis points from May. Rents are buoyed by ongoing strong demand for units. Though down from the 2021 highs, occupancy rates are steady at 95 percent. […]

Technology

Empowering Property Management

With AI Synergy

Artificial Intelligence was an important focus at the 2023 Apartmentalize conference. Utilizing AI will empower property management companies, but what is the difference between AI in operations? Augmented versus generative AI is used differently for specific tasks for property management. Let’s explore a synergistic approach that combines augmented and generative AI for enhanced customer experiences […]

Senior Living

Senior Living Stories

Spotlighting Yardi Clients

Our senior living clients never fail to share sweet stories across their blogs and social media pages, so it’s only fitting that we reshare them here on The Balance Sheet! Spanning through spring and summer of this year, we’ve gathered a roundup of positive, uplifting stories to highlight our clients’ dedication to their community residents […]

Giving

Angela’s House

Everyday Wishes come true

Yardi is committed to supporting the community in every city where our offices are housed. Each year, the company distributes philanthropic aid to organizations selected by its employees. In 2022, Yardi offices supported more than 350 nonprofits worldwide. For the remainder of the year, we will bring you the stories of those organizations and insight […]

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