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Multifamily
Reopening Multifamily Amenities
It has been about four months since U.S. multifamily communities restricted access to amenities like gyms and swimming pools. You’re likely eager to resume offering the stellar features that helped build your community brand. (Your residents are probably antsy, too!) As shelter-in-place restrictions lift, you may be unsure how to reopen those amenities with ongoing […]
06 / 30 / 20
Avenue5 Moves Ahead
With the outbreak of COVID-19, the new normal of social distancing has created a big challenge for many businesses — and real estate firms are no exception. Fortunately for many multifamily operators, opportunities to streamline common business processes using online software solutions are helping to surmount challenges, while delivering unexpected benefits. That’s what Avenue5 Residential […]
06 / 20 / 20
Rents Drop, Prompting Concern
When you think about a 0.3 percent drop in anything it hardly seems like a big deal. It’s just 3 pennies on every 10 dollars. If you are an apartment operator and that reflects the national average on rents for May compared to April, some would figure it’s something not too difficult to make up. […]
Heroes for Parents
In cities across the nation, school ends as summer arrives. While parents who have adapted to homeschooling release a collective sigh of relief, we know a second challenge looms: bored kids in a period of social distancing. Parents are grateful to see our kids enjoy even a few electronic-device-free hours. You, dear property manager, can […]
06 / 11 / 20
Get More Tours
Recent world events surrounding COVID-19 have led us all to adopt new consumer behaviors, and it’s likely that many of these behaviors will stick. With that in mind, it might be time for us to revisit our approach to apartment tours. Did you know that 80% of renters seriously considered just four or fewer properties […]
05 / 30 / 20
Moving Forward
Yardi multifamily experts Dhar Sawh, Paul Yount and Patrick Hennessey went in-depth on how industry professionals can best prepare for what’s next in a helpful operational strategies webinar this week. Miss it? You can register for additional sessions here. The hour-long presentation featured both current economic data sourced from Yardi Matrix as well as key […]
05 / 19 / 20
Leading with Action
“Adversity does not build character. It reveals it.” Those words from James Lane Allen have resonated with readers for years. As we face challenges, our true nature is exposed. Yardi is proud to share the stories of several clients that have supported residents, built community and exercised leadership during this difficult time. Employee and resident […]
Multifamily Outlook
Yardi Matrix continued its series of comprehensive market impact webinars on May 6 with an in-depth look at the state of the multifamily industry, presented by Jeff Adler, vice president of Matrix. “We are just beginning to see some of the ripple effects (on multifamily), and now the discussion has shifted to how we recover […]
Industry Perspective
As multifamily real estate continues to adapt to new standards of social distancing and uncertain economic times, a longtime asset management executive sees signs of positive momentum for the industry. Greg Slang is executive vice president of asset management at KETTLER, a national recognized developer/owner/operator of multifamily assets in the Washington D.C. region as well […]
Price is Right?
Are you thinking about fine tuning your revenue management program to meet the challenges of COVID-19? The current market is impacting demand and pricing, and it’s time to consider new strategies for managing your assets with both a short- and long-term focus on collections and occupancy. As some states are already planning to open […]
05 / 08 / 20
Leaving Cities
Anabelle Strauss grew to love the Mission District of San Francisco. As a data scientist, she enjoys the balance of living in a neighborhood of creatives. Her apartment is nestled amid an array of local grocers, international restaurants, and small businesses that are also appealing. But as COVID-19 swept through the city, much of what […]
05 / 07 / 20
What’s Ahead for Energy
The U.S. Energy Information Administration, the U.S. Department of Energy’s statistical and analytical agency, provides annual projections for U.S. and world energy markets over the next 30 years. Highlights from the latest release: Overall U.S. energy consumption will grow more slowly than gross domestic product as energy efficiency continues to increase. Purchased electricity consumption […]
05 / 06 / 20
Creating Community
Traditionally, creating a sense of community has been a great way to make residents feel at home, leading to positive reviews, referrals and increased renewals. Multifamily properties host happy hours, movie nights and exercise classes to help renters connect with each other and the property team. They create and update shared spaces and amenities to […]
04 / 29 / 20
Gold Diggers
In 2019, hundreds of organizations including real estate firms used Energy Treasure Hunts to reduce energy use by up to 15 percent and they’re hoping for even more participation in 2020. As explained on the ENERGY STAR® website, Energy Treasure Hunt teams walk around facilities looking for quick ways to save energy. Those fast fixes […]
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
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