Joel Nelson

AUTHOR

Joel Nelson, senior marketing writer, joined Yardi in 2007. His byline has appeared in New York Real Estate Journal, Canadian Property Management and Los Angeles Lawyer, among others. He has won multiple awards from major professional organizations including the International Association of Business Communicators and Public Communicators of Los Angeles. Joel earned a bachelor’s degree from Pomona College.

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Energy Benchmarking Laws

New energy benchmarking and reporting requirements requiring use of ENERGY STAR® Portfolio Manager are soon going into effect as cities, counties and states in North America work to reduce environmentally harmful emissions and combat global warming. Examples include: Montreal, QC. A city bylaw supporting the Climate Plan’s goal to become carbon neutral by 2050 requires […]

11 / 02 / 22

NYC Local Law 33

In December 2017, the New York City Council passed Local Law 33. The administrative code and a subsequent amendment require owners of buildings over 25,000 square feet to post the building’s energy usage and efficiency scores on the premises. The Oct. 31 deadline for building owners to post their Energy Efficiency Rating Label for 2022 […]

10 / 24 / 22

New RE Investment Insight

Real estate represents stability and remains a cornerstone investment option in an era of increasing economic uncertainty, according to the inaugural WMRE Institutional Investor Survey of real estate industry participants across the U.S. The survey was sponsored this year by Yardi and originally published by WMRE magazine. As a measure of the industry’s standing as […]

Yardi Acquires Planimetron

Yardi announced today that it has acquired Planimetron to help meet the growing demand for efficient space management by office, retail and industrial real estate owners and operators. With an anticipated launch to market in 2023, Yardi will rebuild and rebrand Propidex, Planimetron’s market-leading space management platform, as Space Manager and incorporate it into the […]

10 / 11 / 22

What’s After 5G?

5G, the next generation mobile network, launched in 2020, following in the footsteps of a steady progression of voice capability, call and text encryption, data transmission, video calling, mobile internet. 1G started it all in 1981, 2G came 11 years later, and 3G and 4G made their entries in 2001 and 2012, respectively. 5G figures […]

10 / 10 / 22

Stalled Rents

“Key fundamentals remain strong” in the U.S. multifamily amid a flattening of average asking rents in September, according to a new national multifamily report from Yardi® Matrix. The $1,718 rate, unchanged from August, reflects the impact of the economic slowdown and Fed interest rate hikes. Year-over-year rent growth slid more than a full percentage point […]

10 / 07 / 22

Preserving History

During construction of an office building, apartment building, highway, water project, cell phone tower or other development, builders have to think about more than materials, project milestones and building codes. What if there’s a historic or prehistoric structure or site within the project’s footprint? The U.S. encompasses thousands of years of American and Native American […]

10 / 05 / 22

Debugging

Glitzy architecture wins awards, high-profile tenants burnish reputations and energy conservation measures earn kudos for commercial properties. But there’s another aspect of the business that’s not quite so charismatic but every bit as important to maintaining asset value and reputation – pest control. Such creatures as mice, rats, flies, ants, cockroaches, termites, spiders and pigeons […]

09 / 27 / 22

Water Works

We’ve discussed the challenges, benefits and methods of building higher in these pages. This time we’ll look at building lower – specifically, underwater. Although it’s largely hidden, underwater construction is prevalent and necessary to many aspects of commerce and recreation. A study in 2020 found that infrastructure such as marine tunnels, bridges, oil and gas […]

09 / 15 / 22

RV/Boat Storage

Consumer purchases of recreational vehicles and boats are spurring strong demand for storage facilities, creating investment opportunities within this niche asset class, according to a new research bulletin from Yardi Matrix. The bulletin outlines factors driving demand for RV and boat storage. Most notable among them are a record number of acquisitions. In 2021, 571,000 […]

09 / 08 / 22

Canadian Conservation

Yardi is making a significant donation to help the Nature Conservancy of Canada (NCC) protect and care for the largest private conservation project in the country’s history – the Boreal Wildlands project in northern Ontario. The Yardi donation will help NCC permanently protect an area twice the size of the city of Toronto. NCC, which […]

09 / 07 / 22

Having a Blast

Before a majestic skyscraper, sleek office building or sturdy apartment complex takes its place on a city’s skyline, a structure currently occupying the space might have to be cleared out. In many cases that requires an explosive sequence that looks like an exercise in disarray but actually is a carefully calculated, prepared and controlled event. […]

09 / 06 / 22

Tiny Offices

You’ve probably heard about tiny homes, which usually range from 100 to 400 square feet and provide affordable alternatives to traditional houses, opportunities for a simplified lifestyle and a potentially smaller carbon footprint. It’s a small but steadily growing part of the residential real estate market. And now, with some companies letting their employees work […]

08 / 30 / 22

YASC Returns Live!

Yardi is excited to welcome clients back in-person to the Yardi Advanced Solutions Conference (YASC) beginning Aug. 31, marking a return to real time after successful interactive virtual events over the last two years. The event is sold out with more than 3,000 clients expected to attend. Social media hashtag for the event will be […]

08 / 25 / 22

Take It from the Top

Common onsite amenities available to occupiers of commercial and residential properties are widely known: gyms, laundry service, parking spaces, pet services and clubrooms, among others. But there’s a special location that can provide a key differentiator in the competition to attract and retain occupants: the roof. “Today, particularly at higher-end properties, unique rooftop amenities have […]

08 / 25 / 22