Yardi Aspire helps employee skill development
Employee skill development isn’t just about moving up the corporate ladder. It’s about equipping employees with the skills, knowledge and opportunities to thrive. Property management companies are increasingly recognizing the need to train their workforce, strategically identify skills and promote internal mobility. Imagine a VP trying to fill a property manager role. How can they […]
Multifamily Update
Seasonality and supply are tempering advertised asking rent growth but demand remains strong, according to the latest Yardi Matrix National Multifamily Report. The average U.S. advertised asking rent decreased by $3 in September to $1,750, flat at 0.9 percent year-over-year (YoY). Occupancy stood at 94.8 percent in September, unchanged YoY. Gateway markets in the East and […]
10 / 10 / 24
Asking Rent Growth Picks Up
Consistent economic growth and demographic trends sustained multifamily demand at the start of the third quarter, according to the latest Yardi Matrix National Multifamily Report. The average U.S. publicly advertised rent or “asking rent” rose 0.8 percent year-over-year (YoY) through July, or $4 to $1,743. The national occupancy rate in June remained at 94.6 percent for […]
08 / 01 / 24
Self Storage
The self storage real estate sector is facing headwinds and continues to be affected by current market conditions, according to the latest Self Storage National Report from Yardi Matrix. Annual street rate growth was still negative in February. The average annualized same-store asking rent per square foot for combined mix of unit sizes reached an […]
03 / 29 / 24
Student Housing
Last month, the average student housing preleasing rate for Yardi 200 schools reached 61.5 percent, marking a 450-basis-point increase year-over-year, according to the latest Yardi Matrix National Student Housing Report. The market is healthy enough to absorb 46,000 new beds coming online, with demand fueled by enrollment growth. The average rent per bed reached $883 […]
03 / 28 / 24
Multifamily Debt
The multifamily market has 58,533 properties with loans set to mature over the next five years, representing $525 billion of the total $1.1 trillion of loans currently backed by apartments, according to a new special report from Yardi Matrix. Metros with the largest volume of maturities include Atlanta ($34.9 billion), Dallas ($26.6 billion), Denver ($22.9 billion), Houston […]
03 / 14 / 24
Rents Vary Regionally
National asking rents posted their first increase in over seven months in February, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent rose $1 to $1,713 in February, up 0.6 percent year-over-year (YoY), while occupancy decreased 60 basis points YoY to 94.5 percent as of January. Markets in the Northeast and […]
03 / 13 / 24
Rent Forecast Update
Multifamily asking rents broke the five-month streak of sequential average declines in January, rising 0.07 percent, shows a new special report from Yardi Matrix. Of the 142 markets tracked, last month 61 posted declines, 71 marked increases and 10 remained flat. Largest increases continued to occur in midsize cities in the Northeast and South, including in White […]
02 / 29 / 24
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