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Rent Forecast Update
Multifamily asking rents broke the five-month streak of sequential average declines in January, rising 0.07 percent, shows a new special report from Yardi Matrix. Of the 142 markets tracked, last month 61 posted declines, 71 marked increases and 10 remained flat. Largest increases continued to occur in midsize cities in the Northeast and South, including in White […]
02 / 29 / 24
Wellness Initiatives
Employee Appreciation Day is “officially” Friday, March 1, according to the bonus holiday arbiters, but celebrations can be anytime. Let’s explore some initiatives that promote employee well-being and contribute to a healthier, happier workplace at any office. Mindfulness Practices. Employees can incorporate mindfulness techniques and practices into daily routines to reduce stress and enhance well-being. […]
02 / 29 / 24
Senior Living Events
We can’t wait to attend a range of senior living events in the upcoming months — all of which provide a unique opportunity to build connections, learn from each other and explore the latest industry trends. Our team is especially excited to show you around the Yardi Senior Living Suite, our fully integrated solution that […]
02 / 28 / 24
Preleasing Pops
Student housing’s consistently rising preleasing rate exceeded 50 percent of tracked inventory by the end of January 2024, well ahead of last year’s figure, according to the latest Yardi Matrix National Student Housing Report. Preleasing for the 2024-2025 school year reached 54.5 percent in January, marking a 710-basis-point increase since January 2023. A total of […]
02 / 27 / 24
Never Give Up
Each year, Yardi distributes philanthropic aid to organizations selected by its employees. Meet the Gwendolyn Strong Foundation—Never Give Up, founded in 2009 in Santa Barabara, Calif. This organization works to fill the gap needed to create real change and build a more inclusive future for those with disabilities. After raising $6 million over the last […]
02 / 27 / 24
Apple Vision Pro
Apple released its Apple Vision Pro with mixed-reality cutting-edge technology. It is seamlessly blending digital content with physical space. But will it be a hard sell to most? The price alone is quite hefty. Let’s delve into some pros and cons of this latest Apple invention. Let’s start with the pros of Apple Vision Pro. […]
02 / 26 / 24
Defeat Decision Fatigue
Decision fatigue is real. Each of us makes around 35,000 decisions every single day. From what we’ll wear and which way we drive to work to what to eat each meal. All these decisions lead to fatigue. Many billionaires know this secret and limit what they must decide each day. Amazon founder Jeff Bezos says […]
02 / 25 / 24
Reginald Singleton
Yardi’s global offices make essential contributions to property management and investors worldwide. Meet team member Reginald Singleton, an associate technical manager on the Breeze client success team in Atlanta, Georgia. Singleton will celebrate his second-year anniversary here at Yardi next month. He spends much of his time at work assisting clients in troubleshooting their issues […]
02 / 23 / 24
Self Storage
Yardi Matrix’s Q1 2024 Self Storage Supply Forecast suggests an expansion in near-term supply, while the coming years will show a decrease. The last quarter of 2023 registered an increase in construction starts and the under-construction pipeline, influenced by an uptick in new development. Consequently, the near-term forecast for 2024 and 2025 has been upped by […]
02 / 21 / 24
Prevent Fraud + Bad Debt
The multifamily industry has long since been a lucrative target for fraudsters, and recent years have only made it worse. While online leasing has streamlined the leasing journey for many applicants, it has also opened the door for bad actors to manipulate the system, resulting in unpaid rent and bad debt for multifamily owners. The […]
02 / 20 / 24
See The Power of Interoperability
Interoperable electronic health records (EHRs) provide immense value in senior living, especially when you’re utilizing an all-in-one solution like Yardi EHR. By offering every feature you need on a single platform — and channeling interoperability via verified interface partners — Yardi EHR provides more value than your average platform. Read on to discover more about […]
02 / 19 / 24
Rainwater Harvesting
An age-old conservation practice is attracting renewed interest in this era of drought and unpredictable precipitation: rainwater harvesting, the process of capturing, diverting and storing rainwater for later use for residential use, landscaping, fire protection and other purposes. Valued at $890 million in 2021, the global rainwater harvesting system market is projected to top $1.6 […]
02 / 16 / 24
Season of Caring
Valentine’s Day sparked a season of caring for our senior living clients, who have been sharing sweet stories on their blogs and social media platforms. That inspired us to highlight the stories here on The Balance Sheet — we hope you enjoy! Yardi senior living clients celebrate Valentine’s Day From prepping homemade cards to sharing […]
02 / 15 / 24
Rents Remain Flat
The multifamily market was stable at the start of 2024, despite the pressure of a supply boom in some markets, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent remained flat at $1,710 in January for a 0.5 percent year-over-year increase, while occupancy decreased 50 basis points year-over-year in December, […]
02 / 14 / 24
Explore Ecology
Each year, Yardi distributes philanthropic aid to organizations selected by its employees near the company’s global offices. Today, we introduce Explore Ecology, founded in 1990 in Santa Barbara, California. Explore Ecology (EE) promotes leading environmental education and artistic expression. Through their programs, Explore Ecology reaches over 40,000 community members. From teaching students how to garden […]
02 / 13 / 24
ENERGIZED FOR TOMORROW
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