Tag: Multifamily

Construction Barriers

New NAA report

The National Apartment Association (NAA) is known as a source of industry best practices, innovation and benchmarks. As the organization’s annual conference is nearly upon us, we took the time to look at some of the organization’s recent research. As the overall economy and U.S. rental market remains strong, the NAA’s research department conducted a […]

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Call Center Value

Capitalize on human connection

Stress comes in different forms. The anticipation of relocating, weighing our housing options, and investing in a new lease or mortgage all lead to stress. When we’re hit with stress, we seek human interaction for help and comfort. Yet in the age of efficiency, stressed-out prospects and residents are channeled to self-service technologies like websites, […]

News

Security Deposit Alternatives

Three Reasons They Attract Renters

Are your security deposit requirements costing you good renters? Sometimes, desirable renters are short on cash. But, do you really want to risk losing a good and potentially long-term resident because they can’t pay a high security deposit before they move in? Imagine you show a unit to a young professional who is relocating to […]

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Multifamily Market

Looking Good For Now

While the U.S. multifamily sector basks in a period of extraordinary growth and vibrancy, owners, investors and residents alike should remain on guard against potential headwinds. This was a key message in a recent state of the industry webinar presentation by Jeff Adler, vice president of Yardi Matrix, with assistance from Jack Kern, director of […]

People

Chicago Multifamily

Strong Demand Continues

With healthy demand almost balancing out supply, Chicago’s multifamily market seems to have left the fear of overbuilding behind, at least for now. The city has been adding jobs at a more accelerated pace—particularly in the construction, manufacturing and education and health services sectors— and has been strengthening its tech hub status, which fueled demand […]

Washington D.C. is one of the cities with the most multifamily units under construction thanks to the opportunity zone program

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Investment Tax Incentive

Yardi Matrix on Opportunity Zones

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% […]

Renters appreciating smart least renewal techniques

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Lease Renewals

5 Tips for Property Managers

Wouldn’t it be fantastic if your residents signed lease renewals months in advance? Wouldn’t it be even better if they signed a multi-year lease? When you know that good residents are staying in place, you can save time and money. Cut costs on searching for new tenants and turning units. Save time on tours, interviews, […]

Keys to Renter Retention Ways to Create Engagement with Residents

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Resident Retention

7 Tips to Keep Renters

Resident retention plays a major role in easy lease renewals and favorable reviews. Maintaining existing leases also cuts costs: no turning units, new marketing campaigns or strategies to covert new prospects. Doesn’t that sound awesome? The following seven strategies for resident retention can help you make the most of existing relationships. Begin at move-in. A […]

Uncategorized

Get More Signed Leases

6 Tips for Success

Leases are the backbone of your business. Getting them quickly signed leads to fewer vacancies, more revenue, and happier stakeholders. But to get there, you must convert your prospects. These six tips will help you get the signatures that you need with less waiting. Close the deal in prospects’ minds. Getting a lease signed begins […]

Marketing

Social Strategies for 2019

Multifamily Social Media Summit

In early January, Yardi returned as an exhibitor and sponsor of the Multifamily Social Media Summit (MFSMS) in Napa, California. The annual event provided a space for multifamily professionals to learn about the latest trends in social media marketing. Keep reading for conference takeaways and ideas to inform your 2019 marketing strategy. The Loyalty Loop Social […]

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5 Voyager Features

You should be using

If you’re currently using Yardi Voyager as your property management platform, make sure you’re taking advantage of all the great features designed to make your job easier — and help your organization meet its goals faster. One of Yardi’s own Voyager gurus, Amy Walston, shared some helpful tips about five Voyager features you might not […]

Technology

Voice Tech

Multifamily Options

Voice-controlled online entertainment is flourishing in American homes. Many multifamily firms have expressed interest in smart speakers and similar tech options for their properties. Until a few industry challenges are resolved, however, voice-activated gadget cannot fulfill their potential in multifamily applications. Growing Popularity Consumers love voice-controlled devices. In 2017, about 40 percent of broadband households […]

Technology

Accounting Simplified

Yardi Voyager Residential

Yardi Voyager Residential consolidates property management and financial accounting into a single platform. The fully-integrated suite of multifamily and marketing products makes it easier to manage the entire real estate cycle. Is Voyager Residential Right for My Organization? That depends on several factors. Are you a large organization looking for scalable solutions? Voyager grows and […]

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Originations Wane

Market Analysis

Editor’s note: Paul Fiorilla is director of research for Yardi Matrix. His analysis of waning loan originations, despite high demand for apartments and industrial real estate, was recently published by Globe Street. You can find the full report summary available for download here. (Select the national category.) Concerns about rising interest rates and weakening economic […]

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Pets & Service Animals

Management Tips

Permitting animals on your property can help residents feel comforted, capable, and safe. Managing the quantity and purpose of those animals—pets and working animals–has become a hot topic in property management. These four tips may help to standardize and simplify animal management at your site. Understanding the Laws To best accommodate residents with disabilities and […]

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