Posts by: Joel Nelson

Cities Step Up

Top ENERGY STAR Performers

The ENERGY STAR® initiative, which certifies businesses and consumer products that conform with energy-efficient solutions that protect the climate and public health, launched more than 20 years ago. It remains a key U.S. Environmental Protection Agency initiative to reduce greenhouse gas emissions, promote carbon pollution-free electricity and achieve net-zero emissions targets. An EPA report in […]

News

Effective Waste Management

Benefits Commercial Properties

Like pest control, waste management is an unglamourous yet essential aspect of property management that, applied properly, can benefit owners of office properties, stores, hotels, restaurants and other commercial properties. In 2018, according to the U.S. Environmental Protection Agency, municipal solid waste in the country totaled 292.4 million tons, or 4.9 pounds per person per […]

News

Burning Question

Are We Ready for Solar Storms?

Some potential dangers are close at hand: pandemics, extreme weather, volcanoes and computer viruses, among others. Another one is 93 million miles away: the sun. The life-enabling nuclear fusion ball that Walt Whitman marveled as “O so amazing and broad—up there resplendent, darting and burning!” also holds the power to cause chaos for humanity and […]

News

Art of the Covenant

Best Practices for Minimizing CRE Borrowing Risk

Covenants – agreements between a debtor (borrower) and creditor, or lender, are a staple of commercial real estate loans. Designed to reduce risk for lenders, loan covenants commit the borrower to execute certain behaviors, such as making principal and interest payments when due, and avoid others, such as selling the assets that underpin the loan […]

News

Sound Advice

Managing Noise in Properties

Making sure all parties understand and follow the “right to quiet enjoyment” by resolving or preventing complaints about excessive noise can help keep satisfied occupants, a good reputation and filled commercial and residential properties. “Normal” noise includes talking, cooking and cleaning a property. Anything else, such as loud music, shouting, unruly visitors or dogs barking […]

Energy

EV Tech

A New Property Necessity

Electric vehicles – and their charging apparatuses – are a hot topic. With electric vehicles accounting for only about 6% of U.S. new car sales in 2022, the country is one of the world’s largest markets for EVs. The federal government has set a goal of 500,000 EV charging stations at apartment buildings, public parking […]

Events, Global

YASC Global

Supplies Innovation On Demand

Next month, thousands of Yardi clients from around the world will join together in learning, fellowship and fun. The occasion is YASC Global, the fourth annual virtual Yardi Advanced Solutions Conference, which happens March 1-2. The conference, which is offered free with automatic registration for all Yardi clients, will showcase the company’s latest technology innovation […]

Matrix

Demand Steady

For Self Storage

Continuing steady demand signals stability for the U.S. self storage sector even as street rates declined in January, according to the February 2023 National Self Storage Report from Yardi Matrix. Year-over-year street rates for 10X10 non-climate-controlled units slid by $7 to $126 in January, a 2.3% drop from their peak of $133 in the summer of 2022. Only […]

News

Pest Defense

Keeping Bed Bugs at Bay

A feature on bed bugs was one of the most popular postings in the early years of The Balance Sheet. With higher post-pandemic travel volume, resistance to pesticides and other factors increasing the pest’s numbers in the U.S., this seems like a good time to revisit the issue. What are bed bugs? The common bed […]

Technology

Bug of the Century

Could Y2K Happen Again?

Readers of a certain age might recall the buildup to Jan. 1, 2000, as an exercise in high drama. The object of concern was the so-called Y2K bug, the fear that hardware and software systems would stop functioning if they interpreted Jan. 1, 2000, as the first day of the year 1900. The issue was […]

Energy

EIA Updates

Building Efficiency & More

This is the latest of our periodic updates on the U.S. Energy Information Administration (EIA), the U.S. Department of Energy’s statistical and analytical agency. EIA collects, analyzes, and disseminates energy information for the benefit of energy policymakers, analysts and consumers. Winter costs on the rise The EIA expects higher wholesale electricity prices this winter in […]

News

Semper Fido

Pet-Friendly Workplaces

We have reported on pet-friendly policies for multifamily properties, senior living communities and coworking spaces. So how about traditional offices? Are attitudes about pets in the workplace evolving? As recently as 2015, about 8% of U.S. businesses had pet-friendly policies. While only about 15% of employers let employees bring pets to work six years later, […]

News

Return to Office

New normal post-pandemic

“When will it happen?” That question often arises in discussions of employees returning to the office when COVID-19 fully subsides. But as the third anniversary of the pandemic’s onset approaches, that question might be superseded by two others: “Do employers want their employees to return?” and “Do employees want to return?” A Gallup survey in […]

Coworking, Events

Shared Perspectives

The Buildings Show Panel

Simply providing an open desk isn’t enough for coworking and flexible workspace providers in Canada. What else must space operators do to attract and retain tenants in this dynamic business? That was the topic of a recent panel discussion moderated by Warren Hersowitz, regional sales manager for Yardi Kube. The session at The Buildings Show […]

Events

ONPHA 2022

Experts Share Tech Insights

Yardi Canada recently contributed in multiple ways to the Ontario Non-Profit Housing Association’s annual conference and trade show this month. The three-day event in Toronto attracted 500 in-person and 500 online attendees and offered sessions dedicated to exploring emerging trends in housing innovation, funding opportunities and technology. Along with hosting a booth and serving as […]

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