Tag: commercial property management

How High

Can Buildings Go?

In the early 1930s, the title of world’s tallest building was claimed three times in rapid succession – by the Bank of Manhattan, the Chrysler Building and the Empire State Building, all in New York City. Since then, the designation has changed hands many times, with Burj Khalifa in Dubai, United Arab Emirates, the current […]

yardi pulse helps to improve thermal comfort ratings in commercial properties

Energy, Technology

Improving Comfort

3 Effective Strategies

Your tenant in the eastern wing is chronically cold. You’re fighting an uphill battle for safety as your tenant’s employees bring personal heaters into the space. In the western wing, however, your tenant’s employees can’t get cool enough. They complain of high energy bills while swearing the humidity will lead to mold problems. Uncomfortable tenants […]

News

Office Sector Update

From Yardi Matrix

The U.S. office property market stayed on the upswing in July, with asking rates increasing 1.1% year-over-year. Office-using jobs increased 1.7% in the same period, driven by the computer design services portion of the professional business services segment, according to a new national report from Yardi® Matrix. Additional good news includes a robust late-cycle construction […]

People

Tech Culture Shift

At Lowe With Yardi

Los Angeles-based Lowe is a leading national real estate investment, development and management firm in the commercial, hospitality and residential property investment sectors. In its 46 years the company has developed, acquired or managed real estate assets across the U.S. valued at more than $28 billion. Lowe manages commercial properties for institutional clients and joint […]

News

Accounting Standards

Yardi Meets New Requirements

Functionality in Yardi Voyager Commercial property management and accounting platform complies with upcoming new accounting standards for commercial property management set by the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB). Yardi Voyager supports FASB-required operating and finance leases and IASB-mandated finance leases. “Yardi fully understands the requirements set by FASB […]

News

Skyreaching Heights

Petronas Towers’ Yardi connection

Here’s a trivia question for you: Without cheating and looking at your smartphone, can you name the top ten tallest buildings in the world? And for bonus points: do you know that one of the planet’s highest skyscrapers has a Yardi connection? Until not too long ago, the world’s tallest skyscraper, was the Petronas Towers […]

News

Against the Odds

Lessons from Hurricane Sandy

During Hurricane Sandy, a 14-foot storm surge from the Hudson River triggered flooding that took offline 29.8 million out of 85.2 million square feet in one of the nation’s biggest office submarkets, according to a Cushman & Wakefield Inc. survey. While the majority of that space was expected to be back online at the beginning […]

News

Cost Controls

Operating commercial buildings

With the cost of operating commercial buildings growing ever harder to control, owners and managers will likely start taking a new look at contracts this year for the first time in quite awhile. While trends in operating costs will probably continue to vary widely by both location and property type, they nonetheless will see an […]

News

Yardi Government Services

Supporting NY/NJ Port Authority

Have you ever thought about how planes, trains, cargo ships and automobiles are inextricably linked with the world of real estate? There’s no better illustration of this reality then the Port Authority of New York and New Jersey, the largest port complex on the East Coast, which recently chose Yardi Voyager for Government to handle […]