Posts by: Leah Etling

Yardi Gras

New Orleans Parties at Home

Who knew that the 2019 “Yardi Gras” celebration at YASC DC would be a prescient window to the future? This year, instead of typical Fat Tuesday revelry, the citizen of New Orleans are celebrating in a very different way: at home, due to the ongoing pandemic. It’s a theme we’re all familiar with at this […]

News

Industrial Outlook

Is looking good, says CommercialEdge

It’s a rosy outlook for the newest real estate sector to be featured in a CommercialEdge monthly report. In 2020, the industrial sector was considered the top performer of all major real estate sectors. Industrial rents averaged $6.38 per square foot in December 2020, a 4.8% increase over the last 12 months, according to the […]

Matrix

Multifamily Outlook

From Yardi Matrix

After a year ravaged by disease, division, job losses and economic hardship, expectations for the multifamily industry in 2021 are the subject of a new Yardi Matrix outlook. “While there does appear to be light at the end of the tunnel, it will take some months to get most of the country vaccinated and get […]

News

Meet CommissionTrac

Newly acquired by Yardi

Yardi announced today the acquisition of CommissionTrac, an Atlanta-based software company that provides revenue management software for commercial real estate companies, with a focus on commercial brokerages. Founded in 2015, CommissionTrac’s software is used by small and large brokerages to manage workflows, from tracking deal pipeline to invoicing clients to paying out commissions to individual […]

Matrix, News

Status of Storage

Yardi Matrix report

Confidence in self storage remains high as the sector demonstrates ongoing strong street rate performance despite COVID-19’s continued impact across the U.S., reports the latest Yardi Matrix National Self Storage Monthly report. National street rates for standard 10×10 non-climate-controlled (NON CC) units increased 1.7% last month compared to November 2019. While year-over-year street rates nationwide […]

Matrix

Employment Impacts

New Yardi Matrix report

The COVID-19 pandemic has been inconsistent in the way it has affected the U.S. employment market, creating a wide disparity between metro and job segments. This is the main conclusion of the latest special employment report from Yardi Matrix. Leisure and hospitality was by far the biggest employment sector loser, with 3.8 million jobs lost. […]

Matrix

Opposite Outlooks

For Industrial and Office sectors

It’s a tale of two outlooks for the industrial and office real estate sectors, reported the experts from Yardi Matrix and CommercialEdge in a commercial real estate webinar presented on Nov. 11. As the end of 2020 nears, each market has a different trajectory. For owners and investors in the office sector, the full impact […]

Matrix

Multifamily Movement

Yardi Matrix updates industry trends

The number of Americans who have moved since February 2020 wasn’t unusual compared to typical U.S. mobility trends, but there has been a distinct shift in where they are relocating, according to the latest Yardi Matrix multifamily webinar. In brief, big urban cities like New York, Chicago, San Francisco and Miami are out, while second […]

News

Office Update

From CommercialEdge

With office listing rates falling, vacancies increasing and new development slowing, the impact of the COVID-19 pandemic on the U.S. office market is showing clearly after several months’ delay. The latest data, collected in the National Office Report from CommercialEdge powered by Yardi, shows that the national average full-service equivalent listing rate fell 25 cents […]

Events, News

YASC Global

Fall 2020 event recap

October 20-22, Yardi provided three days of education, training, inspiration and support to clients during the YASC Global conference. The expansion of the online event to attendees worldwide, building on a U.S.-focused event held in May, was well received. Over 20,000 attendees, representing more than 2,500 companies from 58 countries, took 45,000 courses over 72 […]

Matrix, News

Student Housing’s Strength

Sector shows resiliency, says Yardi Matrix

Despite massive disruption to in-person learning protocols, demand for off-campus, purpose-built student housing remains strong, according to a webinar and a new bulletin from Yardi Matrix. “College students don’t want to live at home. And their parents seem quite amenable, if financial circumstances allow it, for them not to live at home,” said Jeff Adler, […]

Uncategorized

Yardi Community Investment

Pivots philanthropy to confront global health crisis

Yardi is navigating the COVID-19 crisis with the same philosophy that has guided the real estate technology leader for nearly four decades: prioritize take care of clients, employees and communities. The efforts continue a longstanding practice by the company to proactively help during times of unexpected need both nationally and worldwide, such as fires, hurricanes […]

Matrix, News

Surviving + Thriving

Self Storage Sector Stays Resilient

During every Yardi Matrix webinar, vice president and presenter Jeff Adler shares the big picture of current economic conditions and conundrums – also known as the Yardi Matrix House View. Here’s how the view is looking from the Matrix vantage point these days: “We had a deep recession. We’re in the middle of a recovery. […]

News

Forbes Cloud 100

Yardi Makes List for 5th Year

Global real estate technology provider Yardi has been named for the fifth time to the Forbes Cloud 100, the definitive list of the top 100 private cloud companies in the world. Yardi was a member of the inaugural Cloud 100 in 2016, landed at No. 30 for 2019, and is No. 34 this year. “We’re […]

News

Compass Commercial

CRE firm is new Yardi client

Bend, Oregon is well-known for its gorgeous mountains, forests and rivers, well-balanced and high quality of life, and prospering remote work culture (even prior to COVID-19). So, it’s no surprise that despite the pandemic, real estate is continuing to thrive in Central Oregon. Nearby cities Redmond (home to the Bend/Redmond regional airport), Sisters (a charming […]

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