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Energy Suite
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Matrix
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Suburban Demand
Investors have set their sights on suburban and tertiary markets. Lenders are responding favorably to the trend. While banks will continue to keep one foot planted in major metros, many are following their trusted relationships to less familiar terrain outside of city limits. Sleepy secondary markets are waking up The shift began as a trend […]
Tiny Homes
On the surface, tiny homes seem to address the needs of those who need the least. The affluent New Yorker seeking a COVID getaway near the beach, or a recent grad making a name for herself off the grid are the ideal images of tiny house inhabitants. But in (what we hope is) the wake […]
11 / 04 / 20
NY Law’s Impact
Last year, New York state implemented new protections for residents of rent-stabilized and market-rate housing, including the conditions under which rent hikes and evictions are allowed. Affordable housing advocates saw the landmark Housing Stability and Tenant Protection Act of 2019 as vital to helping low-income people avoid homelessness in expensive markets such as New York […]
08 / 17 / 20
Real Estate Design
Shelter in place practices have made an impact on every industry in America. Multitenant industrial and retailers grasp to make rent while grocers, tech, and delivery firms thrive. We naturally attach value to such changes. Real estate and its design, however, are neutral reflectors of social shifts. Like events before it, COVID-19 is the next […]
04 / 23 / 20
AptCon Recap
Are you practicing the most efficient and effective management strategies? Implementing technology at every point in the leads-to-leases process can help you optimize your approach. During the 2019 SVN Rock Advisors Apartment Conference (AptCon) in downtown Toronto, Peter Altobelli, vice president and general manager, sales at Yardi Canada, presented on the impact of new technology […]
Disaster Recovery
A new research bulletin from Yardi Matrix assesses the ongoing recovery of multifamily markets in U.S. areas hit hard by hurricanes, wildfires and other natural disasters in 2017. Three hurricanes inflicted about $110 billion in property damage and $300 billion of economic loss in Texas, Florida and Puerto Rico, the bulletin notes, with the affected […]
Rental Market
If you’re a Canadian property owner, manager or renter, here is the scoop from this year’s Ontario Rental Market Overview & Outlook. Hosted by Canada Mortgage and Housing Corporation and Federation of Rental-Housing Providers of Ontario, the market survey results were presented at the FRPO & GTAA (Greater Toronto Apartment Association) Rental Market Update Breakfast […]
03 / 13 / 18
Looking Up
What does a largely stagnant year for the multifamily industry in 2017 imply for this year? How will economic, tax policy, demographic, capital market and supply factors impact the segment? These and other issues comprise the content of “Sustainable Pace?”, a new market analysis compiled by Yardi Matrix. The Yardi Matrix research team’s study suggests […]
Helping After Harvey
On August 25, 2017, Hurricane Harvey made landfall in southeast Texas. The devastating tropical storm dumped more than 50 inches of rain and killed more than 50 people during its four-day rampage. Due to flooding caused by the hurricane, more than 30,000 people were displaced from their homes in Texas and Louisiana. The evacuees staying […]
Apartment Trends
We’d need 4.6 million new apartments by 2030 to meet demand for rental living and keep prices in check, reports the National Multifamily Housing Council. That’s about 373K new units each year on average, a number that’s rather optimistic considering the pace of apartment construction in the last decade. So how feasible is this plan? […]
CFAA Highlights
Yardi Canada’s Peter Altobelli and Sam Jaishankar had the honor of speaking about key technology innovations impacting the real estate industry at the Canadian Federation of Apartment Associations (CFAA) Rental Housing Conference, June 6-9 in Toronto. The conference brings together leaders from the rental housing industry from across the country to discuss topics such as […]
06 / 28 / 17
LIHTC Update
The Low Income Housing Tax Credit (LIHTC) program creates more than $8 billion per year to develop and rehabilitate affordable housing units. According to the United States Department of Housing and Urban Development, LIHTC is the most important resource for creating affordable housing in the United States today. More than 2.7 million affordable housing units […]
04 / 18 / 17
Success for Veterans
There has been a series of encouraging reports emerging from the U.S. Department of Veterans Affairs (VA) this quarter. The nation enters fall with a positive outlook regarding housing and services for veterans facing homelessness. A recent report reveals a 47 percent decline in veteran homelessness since 2010, with a 17 percent decrease between January […]
11 / 11 / 16
Bracing for Impact
Economic forecasts can seem as mysterious as reading tea leaves or interpreting the energy of a crystal ball. Hit or miss at best. Yet with several economists spotting a recession on the horizon, property managers may want to take precautions. The U.S. Bureau of Labor Statistics kicked off the summer with a wave of bad […]
10 / 27 / 16
Cabin-Style Dorms
With an eye towards sustainability and passive building principals, University of Colorado Denver’s prefab, cabin-style dorms connect modern architecture with outdoor living. Just outside Denver, Colorado sits a cluster of 14 micro dormitories outfitted with all the essentials necessary for comfortable, environmentally-friendly cabin living. Created in partnership with Outward Bound, the micro dorm project was […]
09 / 19 / 16
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