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development
Should Lawns
Praised by advocates for their beauty and central role in American history, derided by critics for their environmental impacts, lawns – the largest irrigated crop, by area, in the U.S. – occupy a singular place in the American psyche. Lawns, which occupy 40 million acres in the U.S. and consume around 9 billion gallons of water daily, […]
11 / 21 / 24
Having a Blast
Before a majestic skyscraper, sleek office building or sturdy apartment complex takes its place on a city’s skyline, a structure currently occupying the space might have to be cleared out. In many cases that requires an explosive sequence that looks like an exercise in disarray but actually is a carefully calculated, prepared and controlled event. […]
09 / 06 / 22
Canadian Influence
Meet Zach Scott. As vice president of programming for Yardi in Canada, Scott leads a team of engineers conducting research and development. This diverse group, primarily located in the Saskatoon and Vancouver offices, works diligently on designing and coding features for some of our leading edge solutions such as Yardi Matrix, Pulse, and IoT. Read […]
09 / 24 / 21
Materials Volatility
Why have housing prices risen so dramatically lately? The answer begins with a huge uptick in demand driven by rising housing starts – seasonally adjusted single family housing starts in December 2020 hit their highest level since 2006 – along with low mortgage interest rates. An equally crucial factor is the rising cost of materials […]
08 / 19 / 21
New Solar Mandate
Sacramento is one of the first cities to renegotiate its path towards sustainable power. Since the inception of California’s rooftop solar mandate, several municipalities have scrambled to accommodate the push towards clean energy. Sacramento may be the first of many cities to take advantage of a loophole in the mandate. Community solar The California Energy […]
Is Bigger Better?
Units are getting smaller as apartment buildings grow larger for the first time in history. Interestingly, these large buildings are indicative of the nation’s troubled relationship with rental housing Characteristics of New Housing Report Bloomberg reports that developers completed 211,000 new housing units in about 2,000 buildings with 50 or more units. That’s the largest […]
09 / 02 / 19
Investment Tax Incentive
A new white paper from Yardi Matrix offers insight into the impact of a U.S. real estate investment tax incentive. Tax reform passed in December 2017 designated more than 8,700 low-income “opportunity zones” where capital gains taxes may be lowered or eliminated depending on how long an investment is held. Opportunity zones encompass about 10% […]
Drones that Map
Last year was the most significant year for commercial drones yet. More than 66,000 remote drone pilots were certified by the FAA in 2017 in the U.S. alone. Drones made their way into a diverse range of industries, from archaeology to construction, insurance to agriculture. Of course, millions of dollars have been invested in drone […]
09 / 25 / 18
People Flow
Developers, property owners and architects have a new tool available for building design. The Virtual Building Service, an innovation from Budapest-headquartered EIT Digital, creates digital simulations to test and optimize people flow and building occupancy. IBM and KONE, a company that specializes in the elevator and escalator industry, have partnered in the initiative, with KONE […]
08 / 23 / 18
Conscious Commercial
Imagine an oasis of calm just outside of the bustling city, a place where the community is structured around wellness and a connection with nature. Now imagine that this place has as many fun shopping and entertainment options as a conventional neighborhood– without conventional waste issues. This place exists and it’s called Serenbe. Welcome to […]
08 / 19 / 18
Demand Information
A new report by Yardi Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets. Matrix conducted a study to determine which areas might be at risk of oversupply or undersupply over the next five years. The research revealed that deliveries in 2016 and 2017 helped compensate for the construction shortage […]
5 Hottest Markets
In many cities, senior housing growth has plateaued. Over saturated markets have led to stagnant occupancy rates. According to the National Investment Center for Seniors Housing and Care, 2017 ended with the national occupancy rate at 88.8 percent, down 70 basis points year-over-year. The greatest stagnation takes place in markets with low barriers to entry, […]
05 / 10 / 18
HercuWall
Want to lower project costs and enjoy a faster build cycle all while improving the quality of the finished product? Of course you do. HercuTech’s HercuWall, the poster child of reNEWable Living Home 2018, makes it possible. The Product HercuWall offers the durability of composite concrete construction without the need for steel rebar. The product […]
02 / 19 / 18
Atlanta’s Auto Boom
Within the past 5 years, metro Atlanta has welcomed multiple international automotive companies. The rise of the automotive industry results in additional commercial development for the growing region. PSA Group PSA Group, parent company of Citroen and Peugeot, is the newest arrival to Atlanta. Automotive News reports that the French automaker is already recruiting in […]
02 / 12 / 18
RFD Social
An eye-catching yet awkward space may soon become Atlanta’s hottest new bar and lounge. The site of Ponce City Market was once home to Sears, Roebuck & Co. headquarters. When it opened in 1926, newspapers heralded the 2.1 million square-foot building as the largest brick structure in the southeastern United States for decades. It remained […]
09 / 25 / 17
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