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Climate Costs Climb
A new Yardi Matrix Bulletin focuses on the rising cost of commercial property insurance, especially in climate-affected states like Florida and Texas. These increases are a growing problem for commercial property owners and beginning to threaten new development and property sales. Although rates are rising nationwide, the problem is most acute in states that are experiencing frequent […]
03 / 09 / 23
Self Storage Slows
Fewer Americans are relocating, and that’s led to a period of stabilization, including rate declines and lessened transaction activity, for the self storage industry. Those were among the takeaways from a March 1 Yardi Matrix webinar presented by Jeff Adler, vice president of Yardi Matrix, and Paul Fiorilla, editorial director. You can view the session […]
03 / 01 / 23
Earthquake Relief
Yardi has contributed a total of $1 million to four non-profit organizations working in Turkey and Syria to provide humanitarian relief after the catastrophic earthquake last week. The four organizations receiving support are: Direct Relief: Direct Relief is deploying medical supplies from its facilities in the U.S. and Europe for Turkey and Syria. More than 22 […]
Improving Lives
Yardi is committed to supporting the community in every city where our offices are housed. Each year, the company distributes philanthropic aid to organizations selected by its employees. Center for Transforming Lives in Fort Worth, Texas. Center for Transforming Lives (CTL) works side-by-side with women and their children to disrupt the cycle of poverty by […]
02 / 10 / 23
Rents Hold
Multifamily rents were flat in January as a strong jobs report indicated that fears of a significant economic recession may be overblown. U.S. asking rents averaged $1,701, unchanged from the prior month, according to the latest Yardi Matrix National Multifamily Report. Continuing late 2022 patterns, year-over-year growth continues to decline, and is now 5.5 percent, […]
02 / 08 / 23
Walkable Urbanism Rankings
The nation’s top 35 metros are ranked on walkable urbanism using a newly released index that considers commercial rent premiums, multifamily rents, and for-sale home prices. For the first time, Yardi Matrix was a significant source of data for the report, which was co-authored by Michael Rodriguez, AICP, and Christopher B. Leinberger; and ultimately concludes […]
01 / 31 / 23
Adelante Comunidad Conejo
Yardi is committed to supporting the community in every city where our offices are housed. Each year, the company distributes philanthropic aid to hundreds of organizations selected by its employees. Adelante Comunidad Conejo (Adelante) of Thousand Oaks, Calif. is a regional nonprofit that seeks to empower Spanish-speaking families, regardless of immigration status, fluency or income. […]
01 / 26 / 23
Self Storage
National self storage street rates for all unit types continued to decline in December as the demand for housing dropped and seasonal trends took effect, according to the latest Yardi Matrix National Self Storage Report. National street rates for 10×10 non-climate-controlled (NON CC) units decreased 2.3 percent year-over-year in December to $126, a $7 drop […]
01 / 23 / 23
Student Housing
The student housing industry is set up for another solid performance in 2023 after record returns last year, according to the latest National Student Housing Report from Yardi Matrix. “Momentum is strong heading into the new year, even as the effect of higher interest rates takes hold in the economy and has led multifamily rents […]
01 / 20 / 23
Reach for Excellence
Yardi is committed to supporting the community in every city where our offices are housed. Each year, the company distributes philanthropic aid to organizations selected by its employees.. Get to know Reach for Excellence, an Atlanta-based nonprofit that serves middle-school children through educational enrichment. Founded in 2001, the mission of Reach for Excellence is to […]
01 / 19 / 23
Multifamily Outlook
Multifamily rent growth began to slow in late 2022 as economic pressures, including the impact of inflation, took root. The 2023 Multifamily Outlook from Yardi Matrix expects that rent growth will be closer to its historical average in 2023. Last year, U.S. rents increased by 6.4 percent after peaking near 16 percent in 2021, according […]
01 / 17 / 23
Asking Rents Fall
Multifamily asking rents recorded historic highs in 2022 but began to move south as the year concluded, recording another $4 drop to a national average $1,715 in December, according to the latest Yardi® Matrix National Multifamily Report. Year-over-year growth declined by 80 basis points to 6.2 percent last month, the lowest level since May 2021. […]
01 / 13 / 23
Glassdoor Honor
Yardi has been honored with a Glassdoor Employees’ Choice Award for the third time as one of the Best Places to Work in 2023. The Glassdoor Employees’ Choice Award is based solely on the input of employees, who voluntarily provide anonymous feedback by completing a review about their job, work environment and employer on Glassdoor, […]
01 / 12 / 23
Rents Drop
The anticipated slowdown in multifamily performance arrived last month, as the sector clocked its lowest year-over-year growth since mid-2021, according to the latest Yardi® Matrix National Multifamily Report. U.S. asking rents fell $9 during the month to $1,719, while year-over-year growth dropped to seven percent, the lowest level in 17 months. The decreases are attributed […]
12 / 13 / 22
Yardi Matrix Multifamily Webinar
Yardi Matrix experts Jeff Adler and Paul Fiorilla presented their final 2022 outlook for the multifamily sector during a Nov. 16 webinar. As with most current economic forecasts, it’s a challenging picture despite recent record-setting performance and consistently strong fundamentals. The presentation materials and webinar recording are now available for download. According to the latest […]
11 / 20 / 22
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