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.
2021 Outlook
For more than 40 years, PwC and the Urban Land Institute have produced a trends and forecast publication. The 2021 edition of Emerging Trends in Real Estate summarizes views gathered in interviews and surveys of more than 2,950 property owners, investors, fund managers, brokers and others in the U.S. and Canada. COVID-19 dominates virtually every […]
Senior Living Industry
“Heading into 2020,” Senior Housing News reported last January, “many senior living providers are focused on making investments to upgrade the resident experience, to stand out in a competitive landscape and appeal to future consumers.” Those investments are happening, albeit in different circumstances than could have been anticipated. Even before the pandemic, Barron’s noted, “The […]
01 / 11 / 21
Energy Updates
Here’s a roundup of recent reports from the Energy Information Administration, the statistical and analytical agency within the U.S. Department of Energy: Wind power flies high in 2020 Project developers expect more than 23 gigawatts of wind turbine generating capacity to come online in the U.S. in 2020, far more than the previous record of […]
12 / 30 / 20
Senior Living Wisdom
Fifteen percent of Americans were 65 and older as of 2018. One study projects that the population of Americans 65 or older could reach 108 million in 2050. The 85-and-older population may increase at least fivefold in that time, to more than 6% percent of the citizenry. Some indicators of an aging population — and […]
12 / 28 / 20
New Features
Yardi continuously strives to make its property management software more valuable to operators of senior living communities. As new features are incorporated into the Yardi Senior Living Suite, the upgrades are documented, compiled into manuals and made available to clients. Recent upgrades and plug-ins include: Yardi Voyager Senior Housing: You can track monthly fee deferral […]
12 / 14 / 20
Model of Adjustment
While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions, spiraling vacancy rates and, of course, the ongoing COVID-19 pandemic. How can commercial real estate companies not just adjust, but thrive in today’s environment? A recent Executive Briefing hosted by Yardi, invited Tom Sheraden, […]
12 / 13 / 20
Advanced Marketing Tools
What is lead attribution and how can it help senior living community operators get the most out of their marketing spend? Lead attribution is the process of determining how leads from a Facebook page, Google ad, directory listing or other source become associated with a property. Understanding all sources that a prospect touches on the […]
Yardi Enhances EHR
Yardi has been building Yardi EHR, a full service electronic health record solution for senior living, for the better part of a decade. Client feedback and ongoing development give rise to regular product enhancements. Here’s a sampling of recent upgrades. Clinical move-in Users can now execute a clinical move-in process that includes adding global contacts, […]
12 / 01 / 20
High Returns
Like property and investment management technology, satellite imagery capabilities and applications are constantly evolving. The Balance Sheet revisits a topic we first explored in 2017. How can satellite imagery help improve business performance? The benefits can start with simple counting, as when Swiss investor UBS Investment Research started using space-based data to determine the population […]
11 / 27 / 20
Clients Star
Yardi clients placed high in the third annual J.D. Power U.S. Senior Living Satisfaction Study, a measurement of the resident experience this year in assisted living, memory care and independent living communities. Chicago-based The Senior Lifestyle Company LLC earned a tie for the highest rating among assisted living/memory care providers for overall customer satisfaction among […]
11 / 26 / 20
Flexibility Holds Key
COVID-19 has had a jarring impact on commercial real estate in the form of health risks, stunted growth prospects, permit and construction delays, reduced income for property owners and the acceleration of e-commerce at the expense of physical stores, among other disruptions. The pandemic precipitated what global management consultant firm McKinsey & Company calls “an […]
Amenity Reset
Amenities can be the irresistible lure that persuades apartment searchers to choose one community over another. Rooftop pools, fitness suites, concierge package service, housekeeping, business centers and dog wash stations all have devotees. “Over the past several years the multifamily asset class has been engaged in an amenities war, with projects offering better and more […]
11 / 24 / 20
Did COVID-19 Spark
Some industries, such as technology and online media, are doing well amid COVID-19, even as the pandemic cuts a swath through virtually every public health, political, social and economic structure. Other segments of the economy, such as travel and hospitality, face a perilous future. And what about the vital energy sector? Before the pandemic hit, […]
11 / 19 / 20
Better Health Assessments
A registered nurse quoted on the American Assn. of Nurse Assessment Coordination’s website says that obtaining baseline patient health data “is an invaluable tool to us in long-term care. It involves so much of the nurse and her relationship with the resident and getting them to get to that highest level of function. It is […]
11 / 17 / 20
RentCafe Wellness
The latest addition to the Yardi Senior Living Suite helps senior living staff and residents’ families stay connected as senior living communities maintain largely isolated from outside contact during the COVID-19 pandemic. Community managers can use RENTCafé Wellness to schedule healthy activities, track attendance and create custom-branded online wellness calendars. Activity organizers can create calendars on […]
11 / 06 / 20
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