Acquisition News
Leading real estate technology provider Yardi® announced today that it has acquired Deskpass (U.S.) and Hubble (U.K.) to meet the evolving and diverse needs of workspace users. As workspace policies continue to evolve post-pandemic, businesses require flexible access to space that best suits their way of working – whether they are remote-first, hybrid, or fully […]
01 / 15 / 25
Student Housing Update
The student housing market is showing promising signs as it heads into the very early days of a new leasing season. Despite some challenges, the outlook remains positive, according to the latest webinar on the sector from Yardi Matrix. (View recording and other materials here.) Student housing continues to see solid demand and a few […]
11 / 25 / 24
Risks and Rewards
Yardi Matrix vice president Jeff Adler again delivered a master class on the current state of the multifamily sector during an Oct. 23 webinar. The recording and presentation slides are available to view online. Multifamily is experiencing robust performance despite a significant influx of new supply, particularly in the Sun Belt and Mountain West regions. […]
10 / 24 / 24
Affordable Housing
The need for additional affordable housing inventory is a foundational issue for the market, a new Yardi Matrix Research Bulletin on the affordable housing sector shows. With an increasing number of households being designated as “cost burdened” across earning brackets, policymakers are pushing for more affordable stock, with an expected 69,600 units set to come online in […]
10 / 04 / 24
Self Storage Update
Despite the uncertainty fueled by declines in advertised asking rental rates, investor interest remains high for acquisition and development, depending on seasonal patterns as well, according to industry data contained in the latest Self Storage National Report from Yardi Matrix. The annualized same store advertised asking rate reached an average of $16.31 nationally in August […]
09 / 18 / 24
Self Storage Status
As we move through 2024, the self storage market is navigating a complex landscape shaped by a mix of persistent challenges and emerging opportunities. Yardi Matrix experts Jeff Adler and Tyson Huebner recently delivered an update on the industry’s current state in a webinar (available for download here), drawing on recent data and trends to […]
08 / 29 / 24
Yardi Named to 9th Forbes Cloud 100 List
Yardi has been named to the 2024 Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. Yardi was a member of the inaugural Cloud 100 in 2016 and was No. 36 this year. “We’re honored that […]
08 / 06 / 24
Preleasing Progress
Surveyed preleasing at colleges and universities tracked by Yardi® reached 85.2 percent in June, on par with last year’s pace and outpacing historic trends. The average advertised asking rent per bed stood at $898 last month, while year-over-year rent growth slowed to five percent, according to the latest Yardi Matrix National Student Housing Report. Averaging 6.1 percent […]
07 / 24 / 24
Storage Supply
Yardi Matrix’s Q2 Self Storage Supply Forecast remains mostly unchanged, as the development pipeline in the first quarter was consistent with previous expectations. The construction pipeline was flat in the first quarter of 2024, leading to relatively no changes in the near-term forecast for 2024 and 2025. In the Q1 look, those expectations were upped […]
05 / 15 / 24
Creating Opportunity
Yardi Matrix hosted its Q2 2024 Multifamily Webinar this week, providing more than an hour of useful insight and analysis on rent performance, supply dynamics and opportunities for investment in the sector. Miss Jeff Adler’s insight? View the presentation recording or review the slide deck on the Yardi Matrix website. The latest Matrix monthly multifamily […]
05 / 10 / 24
Student Housing
Preleasing at Yardi 200 schools reached 73.5 percent in April, exceeding last year’s rate by 50 basis points, while rent growth stood at 5.5 percent, according to the latest Yardi Matrix National Student Housing Report. As of April, the average rent reached $895 per bedroom, unchanged from the previous month and 5.5 percent higher year-over-year. […]
05 / 10 / 24
Rent Forecast
The multifamily market is a tale of two supply scenarios, shows a new special report from Yardi Matrix. Of the 134 U.S. cities reviewed by Yardi Matrix, those that recorded substantial growth during the pandemic and are now receiving high volumes of new supply are posting stagnant or falling rents. Nine of 20 markets that […]
05 / 09 / 24
Opportunity and Volatility
Student housing remains a resilient sector with promising long-term growth prospects, attracting significant capital despite ongoing challenges, according to the latest Yardi Matrix webinar held Thursday. Find the full recording here and find the presentation slides here. However, investors navigating the student housing market require a nuanced understanding of its unique dynamics and the ability […]
04 / 23 / 24
Self Storage May Struggle
The latest Yardi Matrix Self Storage webinar provided insights into the current state of the economy and its impact on the self-storage industry. Find a full recording of the March 6 webinar here and view the presentation deck here. The self storage sector began seeing weaker performance in 2023 due to a decline in demand, […]
03 / 07 / 24
Yardi Canada Ltd. Celebrates 25 Years
Yardi Canada Ltd. marked its 25-year anniversary in 2023 with a series of client events that celebrated the company’s growth, philanthropic efforts, and diverse staff in Canada. “It was wonderful to spend time with our valued clients in a social setting for the first time since the pandemic,” said Peter Altobelli, Vice President, and General […]
02 / 06 / 24
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