Posts by: Yardi Blog Staff

Multifamily Outlook

From Yardi Matrix

After two years of stellar growth, rents decelerated in 2023, despite demand still at strong levels thanks to a resilient economy. The 2024 Multifamily Outlook from Yardi Matrix anticipates a year of challenges, including slowing national rent growth. National rent growth moderated to 0.4 percent year-over-year through November 2023, from a combined 23.5 percent in […]

Matrix

Self Storage Update

From Yardi Matrix

The self storage industry is feeling the impact of the housing market slowdown on demand for storage units, states the latest Self Storage National Report from Yardi Matrix. The average annualized same-store asking rate per square foot for combined unit sizes and types averaged $16.57 nationally in November, a 4.2 percent drop on a year-over-year […]

Matrix

Rents Trend Down

Reports Yardi Matrix

National multifamily asking rent decreased for the third consecutive month in November, according to the latest Yardi Matrix National Multifamily Report. The average U.S. asking rent fell $6 to $1,713 in November, with year-over-year growth at 0.4 percent, on par with September. Occupancy remained steady at 94.9 percent since August. Metros in the Northeast and Midwest […]

Giving

Housing Support

For Nova Scotia Wildfires

The massive wildfires spreading across Canada this year have ravaged 3.3 million hectares of land and displaced over 120,000 people. With many Nova Scotians recently forced out of their homes, Yardi added a new feature to its rental listings portal, Point2, to help displaced residents find shelter. To locate these properties, evacuees can use the […]

Giving

Scholarship Program Expands

$10M Commitment to Education

Building on a history of supporting the pursuit of higher education, leading real estate technology provider Yardi is partnering with 20 colleges and universities across the United States and Canada to provide college scholarships to students with financial needs. The Yardi Foundation has committed over $10 million in scholarships and student support over the next […]

News

Yardi Acquires CloudVO

CRE Listing Service Network Expands

Yardi, the global leader in real estate software, announced the acquisition of CloudVO, the San Francisco-based online reseller of virtual offices, meeting rooms and other workplace services. Yardi’s listing service network includes sites such as CommercialCafé, CommercialSearch and PropertyShark, who have established prominent positions in the commercial real estate space. CoworkingCafé is dedicated to promoting coworking services, […]

Global, People

Digital Assets Emerge

Proptech Insights with Alice Chen

A future of instantaneous settlement and no intermediaries is possible with the right infrastructure. Alice Chen, Bernie Devine’s guest on the latest episode of Yardi’s Proptech Insights, is busy building that infrastructure. The world of digital assets is taking shape before our eyes. In December, Larry Fink, CEO of BlackRock – the world’s largest asset […]

Marketing

Optimize Your Profile

Google Business Tips for Apartments

You’ve probably heard the saying, “You never get a second chance to make a good first impression.” Think of your Google Business Profile (GBP) as your business’ digital first impression; it’s critical to put your best foot forward to attract the most traffic to your apartment community. In fact, did you know that 50% of […]

Global

A Complex Challenge

Compliance for Proptech

Contraction in the proptech universe won’t be driven just by competition, consolidation or economic challenges, but also by compliance. That’s the top takeaway from a recent webinar hosted by Yardi’s Asia Pacific team. Bernie Devine, Yardi’s Senior Regional Director for Asia Pacific, sat down with Kevin Yardi, Vice President of Yardi, for the final installment […]

Global

Real Estate and EVs

Proptech Insights

Electric vehicles are heading towards real estate at speed and scale. With up to 300 million EVs on the roads by 2030, new business models are beginning to emerge. But for all the opportunities, there are also plenty of obstacles. Yardi’s Bernie Devine and ESR’s Dr. Michael De Jong-Douglas recently sat down to explore the […]

Global

Net Zero Aspirations

A proptech perspective

When it comes to turning net zero aspirations into real world action, the devil is in the detail – and the only way to the detail is with data. This is just one of the key takeaways from the latest episode of Yardi Proptech Insights. If proptech is about solving business problems, then one real […]

Technology

Increase Investor Confidence

Using Technology

For an industry where detail, timeliness and accurate metrics mean so much, the investment world still relies too heavily on manual processes and duplicate data entry from disparate systems. Entering data in multiple spreadsheets and relying on disparate systems is inefficient and can be error-prone, especially when sharing information between investment, investor and accounting software. […]

Technology

Investment Management Trends

Better Investor Visibility

One of the major challenges in investment management is providing visibility to investors. Driving transparency between owners and investors leads to increased investor confidence, reduced risk and a healthier relationship for all parties involved. Communicating with investors and allowing them access to reports and data is critical when it has become evident that in-person meetings […]

Marketing

2022 Design Trends

For Property Websites

Figuring out how to best design your website can be a daunting task. This summer, REACH by RentCafe surveyed more than 12,000 people on RentCafe.com to learn more about their website design preferences. Read on to see the survey results and learn more about the most popular website design trends of 2022. Survey says… Which […]

Marketing

Gen Z

A Year Later

What do you call a group of diverse digital natives and entrepreneurial decision-makers with the ability to change the multifamily industry? This title belongs to Generation Z, the largest and most tech-savvy group of renters yet. Last summer, REACH by RentCafe conducted a survey to better understand Gen Z’s search habits, but members of this […]

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