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Multifamily
Multifamily Market
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 […]
Chicago Multifamily
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 […]
04 / 08 / 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% […]
Lease Renewals
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, […]
03 / 11 / 19
Resident Retention
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 […]
03 / 06 / 19
Get More Signed Leases
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 […]
02 / 14 / 19
Social Strategies for 2019
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 […]
01 / 21 / 19
5 Voyager Features
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 […]
01 / 16 / 19
Voice Tech
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 […]
01 / 15 / 19
Accounting Simplified
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 […]
12 / 07 / 18
Originations Wane
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 […]
Pets & Service Animals
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 […]
11 / 28 / 18
Multifamily Update
Jeff Adler, vice president of Yardi Matrix, assisted by Jack Kern, director of research and publications, recently delivered a webinar on the state of the multifamily industry. Excerpts follow. Q: How is the U.S. economy overall? A: It’s in good shape. Gross domestic product and employment are steady, wages are rising and the labor market […]
CSR Aids Retention
If you haven’t heard of corporate social responsibility, it’s time to start listening. What is it, and why should you care? Corporate social responsibility, CSR for short, is not just another buzz phrase in multifamily housing: it might be the key to employee retention. We met with Jen Piccotti, Chief Operating Officer at ManagInc, the […]
09 / 18 / 18
Score Alert
The U.S. Environmental Protection Agency’s ENERGY STAR® score gives building owners a snapshot of their property’s energy performance by comparing it to a database of similar buildings. Performance metrics in ENERGY STAR Portfolio Manager®, an online tool for tracking energy and water consumption and greenhouse gas emissions, changed on Aug. 26 to reflect the most […]
08 / 28 / 18
ENERGIZED FOR TOMORROW
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