Category: News

Pennrose Adds Products

From Yardi Multifamily Suite

“Our goal is to let our community managers concentrate on helping our company grow and increase revenue,” said Samuel Lopez, systems and implementation manager for multifamily property development company Pennrose Management. “The single solution stack approach that we adopted with Yardi Voyager® and the Yardi Multifamily Suite™ gives us the tools to do that.” He […]

News

Middle Market Growth

Positioned for Success

NAAHQ reports that apartment revenues in the nation’s top 100 largest metros currently exceed pre-recession levels by nearly 14 percent, with considerations for rising rents and the recovery in occupancy. While the usual top performers remain strong, suburban markets are showing a healthy recovery and bright future. Middle-markets are giving their high-end counterparts stiff competition. […]

News

Walton Communities

Family Friendly Apartments

Since peaking in 2004 at 69.4 percent, U.S. homeownership rates have been slipping year after year. According to the latest Census Bureau data, the third quarter of 2014 ended with a nationwide homeownership rate of 64.3 percent, marking the lowest rate in 20 years. As a result, rentership is becoming more and more ubiquitous and […]

News

Commercial Comeback

Detroit on the move

Ed. note: The third in a three-part series, our final article on the real estate realities for Detroit, Michigan, as the city emerges from a long period of decline. Read the first installments here (Part 1) and here (Part 2). Walking around downtown Detroit, at many times of day, feels like one has wandered onto […]

News

RentCafe TextPay

Pay Rent Via Text

Yardi’s RENTCafé TextPayTM feature is the most recent addition to the software’s mobile payment functionalities, reducing delinquencies by giving users another convenient option to make rent payments on schedule. Residents opt into the service through the property’s resident portal, then set up the account from which payments will be deducted. Whenever they’d like to make […]

News

Fannie Mae Goes Green

Funding for Multifamily

Sub-metering has been known to help multifamily managers cut costs. Now, as part of Fannie Mae’s Green Initiative, the simple technology can help both multifamily developers and existing properties secure loans. Fannie Mae recently issued the report “Transforming Multifamily Housing: Fannie Mae’s Green Initiative and Energy Star for Multifamily,” which quantifies the benefits of energy […]

News

Building Community

Winter Event Ideas

The warm weather months are kind to leasing agents. Residents don’t need much incentive to come to the outdoor community parties. The colder months, however, can bring the fun of an active community to a grinding halt. How and where can onsite staff host resident events during the colder months? We’ve got four fun community […]

News

Gen Y at Work

Workspaces get modernized

Generation Y is changing up the norm when it comes to where and how they live, and the Millennials have unique ideas about workspaces, too. The cubicle with a desktop PC still exists, but Generation Y wants the ability to move work seamlessly across spaces and devices to unlock new levels of productivity and inspiration. […]

News

Yardi ANZ Conference

Sydney, Australia

Yardi’s expanding global user base was on display earlier this month as the company hosted user conferences in Sydney, Singapore and London with a record number of attendees at each conference. Yardi will host an additional annual user conference in Dubai, United Arab Emirates for its client base in the Middle East in March 2015. […]

News

Special Delivery

Managing Packages

More than 37 million U.S. apartment residents receive enormous numbers of holiday packages every year. A load that large requires more than mere tracking numbers. For that reason, one in four apartment communities use specialized software to manage residents’ packages on site. These are among the findings from the National Multifamily Housing Council (NMHC) and […]

News

7 Winter Defenses

Maintenance Tips

Winter is in full swing, bringing with it unpredictable cold fronts and unpleasant, icy storms. Keep your property and residents safe with these simple tips for winterizing your apartments. For Owners HVAC Tune-up Seasonal inspections of your heating and cooling systems will ensure that they are operating at optimal efficiency. It’s also a great idea […]

News

Inspect and Invest

Accessibility for all

No owner wants to wake up to surprise expenses or costly lawsuits. You can avoid both by staying on top of your property’s accessibility compliance standards. Across the nation, well-intentioned multifamily professionals are facing citations and fines for noncompliance. Many are surprised to discover that employing licensed architects and contractors does not automatically mean that […]

News

Green Retail Boom

Better Performance, Higher Profits

The demand for sustainable retail properties is growing, demonstrated by an influx in applications at accreditation organizations, top tier rents, and high trade rates. According to Lux Research, green building is now a $260 billion market with retail as one of its most vigorous verticals. Green building certification programs such as LEED for Retail have […]

News

Yardi EHR

Senior Care Solutions

If you’ve been to the doctor lately, technology’s advance into the patient care and treatment realm was likely evident – whether your physician made notes on an iPad or your follow-up questions were addressed in an e-mail, medicine and mobile record-keeping have become inseparable. A similar transition has been underway in the realm of senior […]

News

On the Urban Prairie

New uses for open space

Drive out of Detroit’s Downtown and Midtown neighborhoods, away from the historic skyscrapers and abandoned ruins of once-grand buildings, and you are quickly amidst a whole different kind of surreal scene. Once densely packed with people, Detroit’s outlying single family home neighborhoods have suffered immensely from the city’s ongoing depopulation. Across the city’s 149 square […]

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