The Balance Sheet - Yardi Corporate Blog

Efficient Conversions

How to Nurture Leads

According to Gleanster, only 25% of your marketing leads are prepared to buy. About 50% of leads enter a sales funnel undecided. That leaves a noteworthy 50% of leads that are dropped or go cold. Improving how you nurture leads and how to streamline that process can help you achieve more conversions and see greater […]

Technology

In Renters’ Wallets

5 Most Valued Smart Home Devices

We’ve all heard that renters are interested in smart home devices. How much are they willing to pay for them, though? We dive into the 2020 National Multifamily Housing Council (NMHC) & Kingsley Apartment Resident Preferences Survey to find out. What renters value is determined by how much they are willing to pay. The Resident […]

Coworking, News

Home, Office

Multifamily + Coworking

Home is where the heart is, as well as the home office for some. All the time at home in front of a computer, however, can lead to feelings of isolation, a lack of inspiration, and a lack of meeting space for collaboration. Remote employees and freelancers turn to coworking spaces for help. To avoid […]

News, Technology

How PHAs Simplify and Save

Changing workflows for the better

Public housing agencies are among the busiest organizations in the residential property management industry. There’s a lot going on. Most PHAs have thousands of names on their waiting lists. As names come up for consideration, staff faces hours of detailed work to ensure that that applicants qualify for housing assistance. Once applicants become residents, PHAs […]

Technology

Rise of the Digital Assistant

The New Multifamily Standard

Google anticipates that there are more than 20 billion devices connected to the internet of things and the digital assistants that manage it. This increase in connectivity has a dramatic impact on how people interact with their living spaces. Forward-thinking multifamily firms are capitalizing on the new technology and getting ahead of the curve. Renters […]

Global

International Outlook

Tech will dominate the decade

Editor’s note: the below perspective on 2020 and the decade ahead for technology and real estate comes from Neal Gemassmer, vice president of international for Yardi. Originally published in Property Week, it is reprinted here with permission. The festive period was an invitation to reflect on the year gone by and the year ahead, even […]

Giving

Neuroscience in the Park

Start2Finish helps Canadian Children

The importance of childhood play has had anecdotal value for ages. In the 1960s, however, studies on rodents and brain development encouraged neuroscientists to formally explore the importance of play in childhood development. Their efforts have paved the way for programs like Start2Finish that improve childhood academic performance through physical activity. Acknowledging multi-dimensional complexity When […]

Giving, People

Making History

Dominium + Affordable Housing

Dorothy Day Place, owned and operated by Catholic Charities of St. Paul and Minneapolis, has made history. With 370 permanent supportive homes and 356 emergency and medical respite beds, it’s one of the largest affordable housing projects in the state. The project is also the largest public-private partnership involving housing in Minnesota history. Dorothy Day […]

News, Technology

Connection vs. Safety

Real Estate Challenges FCC

To remain competitive, real estate providers face pressure to provide high speed internet. This pressure is felt throughout all property classes, from subsidized to luxury housing and commercial properties. Yet the Federal Communication Commission (FCC) is pushing back against signal boosters that pose a threat to public safety. The story is currently unfolding. Here is […]

Energy, News

Revisiting the 1920s

Energy Then . . . and Now

Here’s a look at some energy milestones from the last time a ’20s decade dawned—a period described by Marquette University economics professor Gene Smiley as “the first truly modern decade.” Wind. In 1919, two Danish engineers advanced windmills’ state of the art by designing blades that worked like the wings of an airplane. Their “Agricco” […]

News

The Mobile Advantage

Resident Satisfaction with Mobile Apps

Your resident portal is a convenient and secure connection to your renters. While some renters like to access the resident portal via computer, studies show that most renters prefer to use a mobile app. If your current resident portal doesn’t offer a robust mobile option, you’re missing out on three key points for resident satisfaction. […]

News

Rate Weight

Self Storage Update

A new report from Yardi Matrix shows that elevated supply levels continue to weigh on U.S. self storage street rates, which fell 1.7% year-over-year in November 2019 for standard 10×10 non-climate-controlled units and 3% for climate-controlled units of the same size. Self storage projects under construction nationwide accounted for 9% of the total existing national […]

News

RightSource Compliance

Acquired by Yardi

Yardi announced this week the acquisition of RightSource Compliance, a Minneapolis-based software consultant and developer that improves the technology experience for affordable housing providers and provides standout compliance solutions. RightSource has developed a successful software solution to assist clients with meeting complex federal and state affordable housing regulations. RightSource software serves affordable housing providers in […]

Events, Marketing, News

5 Social Media Strategies

Get Ready for 2020

Social media platforms and technologies have redefined how multifamily managers engage with customers to attract, convert and retain residents. According to one survey, people spend one-seventh of their time on social media. In a crowded online environment, does your corporate or property social media strategy have what it takes to stand out and get noticed? […]

Energy

Energy Pipeline

ARPA-E Projects

The Advanced Research Projects Agency-Energy (ARPA-E), the U.S. Department of Energy’s R&D arm, has provided about $2 billion dollars for more than 800 potentially transformational energy technology projects since 2009. Here’s a sampling of projects currently receiving support from ARPA-E. Fill it up, fast. The University of Illinois, Chicago, is designing a new high-power converter […]

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