Category: News

Improve Value

4 Ways LIHTC Can Help

By now, you’ve heard about low income housing tax credits (LIHTC). LIHTC can boost revenues up to 9% and offset up to 80% of project costs. But the program brings its own fair share of risks, headaches and complicated paperwork. If you’re considering this funding option for your next project, there are 4 things you […]

Matrix, News

Multifamily and COVID-19

Yardi Matrix National Report

It seems no industry is immune from the impact of the COVID-19 virus, and that includes multifamily real estate. The global spread of the COVID-19 virus has brought a technical end to the 11-year bull market in equities, forced a European travel ban and sent Treasury rates to historic lows. According to the latest multifamily […]

wind, solar and other non-hydroelectric renewable energy resources will be the fastest-growing sources of U.S. electricity generation for at least the next two years

Energy, News

Get Current

With Energy Updates

The U.S. Energy Information Administration distributes information on energy-related trends and milestones. Here’s a sampling of recent postings from the EIA’s Today in Energy news and information resource. Renewables on the rise The EIA projects that electricity generation from renewable sources such as wind and solar will surpass nuclear and coal by 2021 and natural […]

News

3 Questions to Ask

Vendors: Assets or Liability?

There are several factors that can influence a change in a property’s performance. The economy and market conditions are often the largest influences that are beyond your control. Smaller and more controllable factors, like vendor selection, may influence your success as well. If you haven’t evaluated your vendors’ performance since striking the contracts, now is […]

News

Senior Living Safety

Coronavirus Preparation

The novel coronavirus, officially named COVID-19, is spreading globally, and senior living communities are especially at risk due to the age of their residents. We’ve collected these industry resources and recommendations to help senior living providers keep everyone healthy and thriving. Coronavirus Intro Video – WHO This quick video from the World Health organization covers […]

News

Resident Health and Safety

Multifamily Resources

From stomach bugs to the flu, viral outbreaks are a regular occurrence anywhere where community exists. When it comes to a new risk, such as COVID-19, property managers may feel that you are facing unknown terrain. Fortunately, a new release from the Center for Disease Control (CDC) sheds light on how to best care for […]

News

Answering the Call

CommonBond Affordable Housing

Yardi client CommonBond Communities entered 2020 with good news. The St. Paul-based developer reported that four transactions will create 267 affordable homes and renovate of 101 units. These additions brought the 2019 total to a record-breaking 925 housing units at an average cost of $191,000. The cost will include renovation and new construction. With the […]

Events, Global

Movers and Shakers

Build to Rent Forum Recap

Movers & Shakers hosted another impactful Build to Rent Forum on Thursday, Feb. 27, where eager build to rent professionals gathered to debate a range of topics impacting this ever-growing market. Movers & Shakers Chairman David Jennings opened the day with an inspiring video of Greystar’s 2,000-home Greenford Quay development, showcasing a great example of […]

News, Technology

Talking Technology

With Bernie Devine of Yardi

Before smart buildings and smart cities can become a reality, the real estate sector must focus on smart processes – and that means automating property management services still tracked on paper. Technology has the potential to enhance transparency and trust between property owners, tenants and vendors, but many property companies are “still figuring out how […]

News

9 Easy Tips

Reduce Pet Make Ready Costs

Pet-friendly policies can help a community thrive. Pet messes and odors, however, can increase your “make ready” costs and cause resident complaints. We’ve identified a few pet-friendly tips that will help residents enjoy their furry roommates while keeping your costs low and renter satisfaction high. Poor pet maintenance will cost you Tenant turnover costs vary […]

News

Reshoring Jobs

Benefits for U.S. workers, real estate

A thriving job market is great for commercial real estate, especially when it demands industrial sites. After decades in China, several American-owned manufacturers are bringing their jobs back to American soil. Property developers and owners in a few unlikely areas are benefiting from reshoring efforts. Why the Switch? The American skilled labor workforce has always […]

Matrix, News

Southern Heat

Southeastern Markets Reign in Q1

Yardi Matrix national multifamily report reveals that the southeastern markets continue to demonstrate strength. Not surprisingly, affordability and job opportunities attract renters to the region. Yet as with most of the nation, major metropolitan areas have become less affordable—and therefore less feasible—to most renters. A few surprising suburbs spark renters’ interest instead. Old news, new […]

senior care talent aquisition and retention

Events, News

NIC Spring Conference

Senior Housing & Health Care

The health care industry has never been that big of a player in senior living, despite what you’d think. Since Medicare traditionally does not cover long-term care, many hospitals, physicians and service providers have largely overlooked the opportunity that independent and assisted living communities can provide for better health outcomes. But regulations are slowly changing, […]

News

What Students Want

NMHC Survey Insights

In the 2020 National Multifamily Housing Council & Kingsley Apartment Resident Preferences survey, 373,000 residents living in 5,336 communities across the U.S. shared their feedback on what renters want. Millennial renters, particularly college-aged adults, expressed their most desirable features in rental housing. Hot topics for the year included parking, sustainability, health, and security. Amenities in […]

Events, Global

UKAA Expo 2020

Key Takeaways

It was great to see 400+ people representing the UK’s fast-growing build to rent sector last week at the UKAA Expo 2020; the third event of its kind hosted by The UKAA. Yardi was there in full force with a team of seven passionate residential specialists, all eager to learn, network and engage with the […]

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