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HUD Cuts

The U.S. Department of Housing and Urban Development (HUD) granted $1.8 billion to public housing authorities throughout the nation. The funds will allow properties to make major renovations to existing properties that improve habitability andsustainability. The grant falls woefully short of the estimated $25.6 billion needed to bring the nation’s 1.1 million public housing units […]

05 / 16 / 14

Affordable housing

One Stop Solution

The following interview by Nisha Randhava appeared on the All Property Management blog, an industry resource on property management technology. In this digital world, where information can be accessed quickly and at any time, managing your online reputation as a property management company is critical. Learning how to access this information and keep it updated […]

05 / 15 / 14

Protecting Data

As the digital storehouse of sensitive data grows, the quest for secure authentication continues. Heartbleed jarred many of us. Data on our most popular (and presumably better protected) sites was exposed and, in some cases, compromised. The introduction of biometrics was a step in the right direction but Heartbleed reminded us that biometrics only protect […]

05 / 14 / 14

Mitigating Risk

The fear of having a prospective investor pull their capital pledge from your fund raising effort is enough to make any fund manager lose sleep. Losing a $100 million commitment means you can kiss $2 million in annual management fees goodbye. If your firm is particularly unlucky, other investors will follow suit. Now imagine that […]

05 / 14 / 14

Commercial

Investment management

Smart Cities

Technology firms such as IBM, Microsoft, and Cisco have created software that transforms inanimate infrastructure into seemingly animated characters. Pipes identify their own leaks. Streets alert police of accidents and traffic jams. Buildings submit maintenance requests. The innovations offer endless possibilities. Fears of a high-tech dystopia, however, overshadow their efforts. Technology leaders must overcome public […]

05 / 13 / 14

Out of the Box

The development projects and community initiatives of Denver’s Urban Land Conservancy (ULC) don’t fit in just one box. In fact, they don’t even fit in several boxes. Founded with the intent to improve and support parts of the city needing the most TLC, the ULC is not just a nonprofit developer, or a project proposer, […]

05 / 12 / 14

SB Real Estate

Santa Barbara’s Multiple Listing Service is among the latest to switch to a website provided by Yardi-owned Point2. The Santa Barbara Association of REALTORS® (SBAOR) introduced SBAOR.com earlier this week. The new website uses data from the Santa Barbara Multiple Listing Service (MLS) to display searchable property listings on a mobile-friendly platform. SBAOR.com was developed […]

05 / 09 / 14

Pillars of the Industry

The National Association of Home Builders (NAHB) is now accepting applications for its annual Pillars of the Industry Awards competition, the most prestigious award of its kind. Since 1990, NAHB has issued Pillars of the Industry Awards to the most outstanding leaders and innovative thinkers in the multifamily industry. Now is your chance to be […]

05 / 08 / 14

Cigna

Yardi client, Cigna, stepped up to an exciting challenge this year. Through innovation, creativity, and an understanding of client’s needs, the global company has brought healthcare into the mobile age. Cigna’s exciting apps and personalized services have made healthcare more accessible to clients on the go. The company started at the foundation, altering clients’ perception […]

05 / 07 / 14

Enerliance

Yardi® announced this week that it has acquired Enerliance, a leading developer of energy efficiency software. Enerliance produces the Load Based Optimization System (LOBOS), an intelligent HVAC platform that significantly reduces energy consumption in large buildings and campuses. LOBOS also enables automated demand response participation and system-level fault detection and diagnostics. “Joining the Yardi team […]

05 / 06 / 14

Water + Trash

New York City has more miles of waterfront than Seattle, San Francisco, Chicago, and Portland combined. In fact, the City’s stature grew directly from its connection to the water, but at times throughout its history, the citizens turned their back on the waterfront, both literally and figuratively. That is about to change. Under Mayor Bloomberg’s […]

05 / 05 / 14

Averting Data Disaster

With an interest in marketing, job title based in IT, a strong grasp of social media and a passion for real-life residents, Bill Szczytko has earned a following as someone who can be counted on to deliver prescient insight about apartment management. His network of contacts in the industry is nationwide, and he effectively uses […]

04 / 30 / 14

Centershift

Like multifamily real estate, the storage industry has made a strong post-recession recovery. The renting of convenient space for storing extra personal possessions attracts both mom-and-pop proprietors and the investment dollars of large, publicly-traded REITs. Centershift, a Salt Lake City, Utah based company, created a scalable, flexible management system for storage 15 years ago. Recently […]

04 / 29 / 14

Self storage

Devon Management

With its existing portfolio made up primarily of tax-credit affordable housing for seniors, New York’s Devon Management is now expanding into affordable properties that will house all ages. In the next few years, the company’s holdings will nearly double with the addition of 1,000 units in the Hudson Valley. “We’re just addressing the same dearth […]

04 / 28 / 14