Satisfied Renters
In the aftermath of the Great Recession, the fluctuating economic climate along with a staggering housing market resulted in a shift in priorities for many Americans. Younger people don’t rush into home ownership as their parents used to, and continue to delay major life decisions like getting married and having kids. By the numbers, the […]
07 / 26 / 13
Shrinking in Size
As the saying goes, location isn’t just the most important thing in residential real estate; it’s also the second and third most important, too. A recent report released by the Urban Land Institute (ULI), “America in 2013”, reveals a growing preference among young adults to live in urban environments and mixed-use communities with reliable, convenient […]
07 / 25 / 13
LEED v4
A thirst for improved building performance, coupled with growing awareness of the planet’s limited resources, have contributed to a new series of impressive commercial developments that boast highly efficient environments as well as reduced carbon footprints. The U.S. Green Building Council (USGBC) has played a major part in the worldwide growth of the green building […]
07 / 18 / 13
Revenue Management
When you implement a revenue management system, it will change staff roles and how internal data is analyzed and put to use. To be prepared for operational change and minimize disruption, it’s important to have a solid implementation strategy in place pre-launch. Organization-wide training on a new revenue management system is a vital means of […]
07 / 11 / 13
Pierce-Eislen Acquired
Yardi has acquired Pierce-Eislen, a real estate research and reporting firm focusing on the multi-family industry. The merger announcement was made July 3. Based in Scottsdale, Ariz., Pierce-Eislen is an online, subscription-based technology company providing up-to-the-minute data to the commercial multifamily housing industry. “This union will help us bring the industry’s most complete and fully […]
07 / 03 / 13
Powerful MLS Portals
With increasing attention and concern about online real estate data distribution practices and policies, many Multiple-Listing Services are seeking better control of their members’ listing information and looking for opportunities to direct qualified lead traffic straight to brokers and agents. After extensive engagement with high-level MLS officials and National Association of REALTORS® executives, as well as […]
06 / 27 / 13
NAA Recap
Connect, innovate, and inspire were the themes behind the 2013 National Apartment Association Education Conference, and these attributes were obvious throughout the event. Marquee moments included Sir Richard Branson’s discussion of his business philosophies and Bert Jacobs’ reminder that optimism is powerful in the face of challenges. There were hundreds more small “ah ha!” moments […]
06 / 26 / 13
Social Marketing Solution
These days, marketing a multifamily community to a prospective resident is often an entirely online experience. When a prospect goes to social media to ask friends or family: Where should I live next?, savvy communities are making sure their properties are present. It’s an exciting, though potentially challenging, space in which to connect and engage. […]
06 / 21 / 13
#NAAEduConf
The 2013 NAA Education Conference & Exposition is just around the corner. Next week at this time I’ll be in sunny San Diego, listening to the wisdom of business virtuosos like Richard Branson, Erik Wahl, and Bert Jacobs. If Lauren Boston is right, I may see a few tears shed into lunch napkins. For me, […]
06 / 14 / 13
YASC VIP Giveaway
UPDATE: Congratulations to Steve Schutz of Trade Street Residential on being drawn as the YASC VIP winner last week! Steve, who has chosen to attend our first ever fall YASC in Anaheim, California October 9 – 11, is the Yardi Director at Trade Street and is very excited to be announced as the winner. Thank […]
05 / 23 / 13
Green + Luxury
Across all sectors of the real estate marketplace, Yardi clients are innovators when it comes to development, management, operations and producing returns on investment. In Philadelphia, Yardi client Post Brothers is defining a new niche in multifamily living with units that are both eco-friendly and targeted to the renter who appreciates luxury and high quality […]
05 / 22 / 13
Most Valuable Homes
Is your home valued at more than $1 million? Chances are, you live in California .. or maybe New York. A real estate data analyze from Point2Homes revealed that over 2.5 million Americans own homes worth more than $1 million. California and New York are home to many of these residences – in fact, 800,000 […]
05 / 20 / 13
Multifamily Growth
Renter households increased from 34.1 percent in 2009 to 35.4 percent in 2011 according to a recent report released by the U.S. Census Bureau. A consistent pattern may be observed countrywide, with nearly a quarter of the metro areas seeing a rise in renting households, while less than 3.0 percent of the nation’s metro areas […]
05 / 17 / 13
Sustainable Urban
With the rapid development of ecological urbanism and sustainable urban design, cities are destined to become hubs of innovation and technological breakthroughs. Over the last decades, the green building movement has grown a great deal, evolving from a tiny niche in architectural design to a global trend impacting all aspects of human existence. Much attention […]
05 / 02 / 13
Niche Amenities
While there is no failproof strategy for retaining residents, there are certain features that have a great impact on renewals, mostly related to the property’s ability to respond to the residents’ needs. When prospects are first introduced to a community, they are more likely to consider things like location, rental rates and curb appeal. Once […]
04 / 25 / 13
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