The Balance Sheet - Yardi Corporate Blog

Take It from the Top

Rooftop Amenities Add Value

Common onsite amenities available to occupiers of commercial and residential properties are widely known: gyms, laundry service, parking spaces, pet services and clubrooms, among others. But there’s a special location that can provide a key differentiator in the competition to attract and retain occupants: the roof. “Today, particularly at higher-end properties, unique rooftop amenities have […]

Senior Living

Changemakers Series

Honors Dale Watchowski

We’ve loved bringing this year’s Changemakers series to The Balance Sheet. Presented by Senior Housing News (SHN) and sponsored by Yardi for the fourth consecutive year, the series interviews industry visionaries to capture their experiences, strategies and advice. And to earn the Changemaker title, leaders need to push boundaries and take innovative approaches in senior […]

Giving

New Friends New Life

From Trafficked to Triumph

Yardi is committed to supporting the community in every city where our offices are housed. Each year, the company distributes philanthropic aid to organizations selected by its employees. In 2021, Yardi offices supported more than 350 nonprofits worldwide. For the remainder of the year, we will be bringing you the stories of those organizations and […]

News

Shopping Malls Adapt

Experiences, Tech Open a New Era

Shopping malls, which McKinsey has defined as “the heart and soul of communities, the foundation of retail economies and a social sanctuary for teenagers everywhere,” have been under severe pressure from the proliferation of e-commerce and other forces. Although shutdowns and consumer reluctance to shop in person reduced average mall foot traffic by 90% at […]

News

Inventive Incentives

Help Fill Multifamily Properties

Even with multifamily rents continuing to rise nationwide, property owners still need to work to get people into their units. At the height of the pandemic, some renters in metros like Los Angeles, Boston and San Francisco relocated to lower-cost communities, prompting landlords to adopt creative measures to attract and keep renters. “Incentives are not […]

Matrix

Storage Stays Steady

Rents Remain at Historic Highs

Demand for self storage units is steady, so street rates remained at record highs last month, according to the latest National Self Storage Report from Yardi Matrix. Average U.S. street rates for 10X10 non-climate-controlled (NON CC) units remained at $132 in June, matching the all-time high set last month. Climate controlled (CC) 10×10 units were […]

Senior Living

How To Streamline Procurement

Senior Living Ebook

Procurement is an essential part of running a successful senior living community. Yet, many providers still use paper systems to procure supplies leading to inefficiencies, oversights and costly mistakes. Fortunately, tech solutions like the Yardi Procure to Pay Suite dramatically reduce friction across all elements of the accounts payable lifecycle: vendor management, procurement, invoice processing […]

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 […]

News

Chips Are Down

Shortage Hampers Manufacturing

Some materials, like air and water, are easily seen and felt and keenly noticed in their absence. Other substances are just as ubiquitous but more hidden and easily taken for granted – until they’re scarce. Take computer chips, for example, the processing and memory units that are the engines for everything from personal computers, smartphones […]

Senior Living

Changemakers Series

Jesse Marinko

We’re nearly at the end of the 2022 Changemakers series, an annual tradition presented by Senior Housing News (SHN). Although each year brings a wave of unique leaders, the 2022 series in particular has recognized a great range of individuals across the industry. As we approach the conclusion, it’s time to showcase the interview from […]

Giving

The Warren Center

Helping Children and Families

Technology

Heavy Metals

Crucial Tech Elements

The 17 rare earth element (REE) metals comprise the building blocks of much of the technology we depend on daily. These elements, which aren’t actually rare but are sparsely concentrated in minerals, include the exotically named dysprosium, neodymium, lanthanum, praseodymium and terbium. Encompassing properties that make devices lighter, faster and smarter, REEs “let smartphones glow […]

Technology

Benefits of Integrated Software

In Senior Living

The last two-plus years have changed the senior living industry, presenting unforeseen challenges for providers. Mainly, they’re tasked with finding effective systems and strategies to meet the needs of residents, families and staff as the industry navigates a new normal. So which solutions are important, now more than ever? For providers and other healthcare leaders, […]

Giving

Island Harvest Food Bank

Feeding Long Island

People

Changemakers Series

Honors Northbridge Leaders

Ready to meet the next senior living Changemaker — or in this case — Changemakers? Up today is Jim Coughlin and Wendy Nowokunski, a duo of senior living leaders from Northbridge Companies. We recently announced the plan to share four final interviews, but as an added bonus, this particular interview features two industry pioneers. And […]

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