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Relocations + Rent Drops

Already apparent in the U.S., COVID-19 has resulted in a migration from major cities and falling rents. As the housing industry braces itself against continued impacts from the virus, will both trends continue into the third quarter? Market analysts, real estate agents and renter surveys give us clues about what to expect. Are people really […]

07 / 15 / 20

Experts Assess

Along with tracking the momentous public health and economic implications of COVID-19, renewable energy advocates are keeping a close eye on how the pandemic is affecting the Earth’s environmental well-being. The International Energy Agency, which advocates for sustainable energy policies, reported that average global road transport activity fell by 50% of the 2019 level in […]

07 / 15 / 20

Increase Tour ROI

Sure, you’re booking more tours. But are you converting them? Here are six steps you can take every time a tour is booked that will help you get the lease. Customize your confirmation As soon as a prospective resident makes an appointment, you should send out a confirmation that includes all the necessary information (e.g. […]

07 / 14 / 20

Market Upsides

Even before the COVID-19 pandemic, multifamily market experts were talking about preparing for big economic changes. Now that rising unemployment rates, benefit delays and social distancing have created new challenges for real estate managers and renters alike, it’s time to re-think every aspect of your operations. Here’s some good news: there are real upsides to […]

07 / 13 / 20

H.J. Russell & Co.

Imagine that you’ve enjoyed your home for decades: your kids’ growth charts are on a doorframe in the kitchen, you know your neighbors, and your favorite restaurants all know you by name and order. The neighborhood isn’t what it used to be, but it’s your home. Within a matter of years, a wave of new […]

07 / 10 / 20

Changemakers Series

Due to COVID, some older adults and their families are hesitant on the idea of assisted living. But in many cases, and especially so for seniors with cognitive impairment, the level of care required for safe aging is only available in a community setting with skilled caregivers. “At this particular time of coronavirus, we’re working […]

07 / 09 / 20

affordable housing Jersey City

Mixed-Income Housing

As the demand for affordable housing continues to rise, local governments form unique partnerships to fill the need with efficiency and quality. Three Jersey City governmental agencies and two Yardi clients have joined forces to execute Bayfront Redevelopment Plan which includes the largest mixed-income housing development in the Tri-State region.  A clean slate The significance […]

07 / 08 / 20

Student Housing

Already well known in the industry for its dependable, up-to-date and prescient market data, Yardi Matrix will take those skills to school as it begins reporting on the student housing sector. The new research area from Yardi Matrix comes at a particularly opportune time, as student housing owners and investors are navigating an uncertain environment […]

07 / 07 / 20

Long Term Impacts

With the U.S. economy in a recession, unemployment numbers sky high and COVID-19 cases surging in the south and west, multifamily owners and operators face challenging times ahead. And things may get worse before they get better, according to a new special report from Yardi Matrix. The report is based on a study of 107 […]

07 / 06 / 20

Yardi Think Tank

Yardi and Property Week recently invited experts from across the build-to-rent sector to take part in a digital debate on the key issues facing the market in the wake of the coronavirus pandemic. The consensus was that despite the challenges posed by the outbreak, there is also an opportunity for BTR to move forward and […]

07 / 05 / 20

Energy Benchmarking

When you invest in your energy strategy, the rewards are proportionate. Simply put, the upgrades can pay for themselves. You just have to get the ball rolling first. That was just one of the key takeaways from our recent webinar on energy efficiency with McKnight’s Senior Living. Randy Moss of Yardi led the discussion on […]

07 / 04 / 20

creating economic stability using mixed-income housing

Building Economic Resilience

Is it possible to shorten the fallout of an economic crisis? Researchers at the University of Maryland believe it’s possible. Preventative measures can mitigate the impact of economic downturns by creating neighborhoods that are naturally resilient to variances in economic performance. Diverse neighborhoods, researchers propose, can decrease the rate of foreclosures and sales before and […]

07 / 03 / 20

Warm Social Distance

Virtual and self-guided tours have helped numerous property managers fill a lease up during social distancing. When it comes to welcoming new residents, though, creativity and agile software make it possible to maintain space without seeming distant. Personalization is essential Personalization is a key element in helping new residents feel welcomed. These days, many of […]

07 / 01 / 20

New IPO Standards

The first day of the Goldman Sachs diversity pledge has arrived. The investment bank announced that as of July 1, 2020, it will require diversity amongst the board members of new applicants in the United States and Europe. When announced in January, the investment bank could not have foreseen how poignant the pledge would become. […]

07 / 01 / 20

Changemakers Series

The current rate of change in senior living is unprecedented. Even before the coronavirus outbreak spurred extra safety measures, providers were quickly adopting novel models and methods as the boomer generation has grown closer to becoming the core market. Mary Leary, president and CEO of Mather, has driven many such changes herself. A leader with […]

06 / 30 / 20