Tag: Multifamily

A Big Impact

Apartments and the economy

They’re the housing option of choice for millions of Americans, and have gained both development momentum and resident popularity over the last five years. But apartments are not just a roof over our heads at night. They are businesses that provide a major contribution to the U.S. economy. as illustrated by this infographic from the […]

News

The Missing Millennials

Will they move out in 2014?

Millennials who flocked to their parents’ nests during the recession are a huge source of untapped revenue for the apartment industry. The trick, however, is getting them to leave a place that is so cozy, convenient, and inexpensive. Millennials, or Generation Y, already make up a notable portion of renters. Yet there is another wave […]

People

R.W. Selby & Co.

Modern living, people who care

For Yardi client R. W. Selby & Company, Inc., 37 years of providing the highest quality experience for residents and exceptional opportunity for investors is a tradition on which to build. With over 3,500 units located at thirty-one properties, the company has become well established in the Southern California multifamily marketplace and more recently has […]

News

Still Recovering

Sandy's lasting impacts

Seven months after Hurricane Sandy barricaded into the East Coast, New York and surrounding areas are still reeling from the impact. The massive superstorm left an indelible mark on a number of buildings and infrastructure projects, and reverberations of the damages will also affect many future developments. At the New York State Association for Affordable […]

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Animated Apertures

Blurring Indoors, outside Divide

Green design features are here to stay. And as they become more ubiquitous in the multifamily development landscape, expectations for innovation just keep on growing. A team of Los Angeles architects is among those encouraging drastic changes to apartment buildings, and they’ve focused their efforts on windows. B+U Architects initiated the Animated Apertures Housing Tower […]

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Apartments Get Arty

Museum-like lobbies

A man’s home is his castle. But a person’s apartment community could be her gym, business center and social lounge. And, in some cases, a gallery. That’s right; some property managers are setting up art installations so that residents can view beautiful works of art from famous and local artists right in their very own […]

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New Lease on Life

In OKC, it’s Capitol.. on 28th

As any redevelopment professional knows, the challenge of turning an aging, crime-ridden, Section 8 property into a trendy, coveted, market-rate lifestyle community is no small task. It requires vision, planning, enthusiasm and fearless execution. But with the right attitude, aggressive mobility and perhaps a little luck, amazing transformations can become reality. In Oklahoma City, there’s […]

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Utility Legislation

SB750 on Submetering

SACRAMENTO, Calif. – Pending legislation that could bolster California’s water conservation efforts by mandating the metering of water in new construction throughout the state is moving forward. This week, the California State Senate passed an amended version of SB750, which would require individual unit water metering at all newly developed multiunit residential structures or mixed-use […]

Technology

Near-Field Communications

Uses for property management

Increase your property’s visibility to perspective clients while promoting tenant engagement through advances in near-field communication. You may recall advertisements for various smartphones where file and photo sharing occur by simply bringing the devices within a few centimeters of each other. You may have also seen SmartPass devices in stores and vending machines that allow […]

News

In the Doghouse

Pet-friendly amenities

It’s been said that the way to a man’s heart is through is stomach. And, apparently, the way to a renter’s heart is through his or her dog. Not only are more and more buildings pet-friendly nowadays, but some property managers are adding amenities specifically catering to man’s best friend. Communities are banking on pet-focused […]

People

Green + Luxury

Post Bros. in Philadelphia

Across all sectors of the real estate marketplace, Yardi clients are innovators when it comes to development, management, operations and producing returns on investment. In Philadelphia, Yardi client Post Brothers is defining a new niche in multifamily living with units that are both eco-friendly and targeted to the renter who appreciates luxury and high quality […]

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Multifamily Growth

Outperforming the Recession

Renter households increased from 34.1 percent in 2009 to 35.4 percent in 2011 according to a recent report released by the U.S. Census Bureau. A consistent pattern may be observed countrywide, with nearly a quarter of the metro areas seeing a rise in renting households, while less than 3.0 percent of the nation’s metro areas […]

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Multifamily Composts

NYC takes the lead

When it comes to new multifamily communities, nowadays it’s pretty much “Go Green or Go Home.” And that’s a very good thing. With more and more people conscientious about protecting and preserving the environment, developers are taking note and incorporating eco-friendly features into the buildings. Whether it’s building to qualify for a LEED rating, incorporating […]

Technology

More Social Power

New Editor for Facebook Ads

Facebook has introduced a powerful tool for managing online advertising campaigns that is being heralded as a major advancement in targeted marketing. If you are using social media-based ads to reach potential renters for your multifamily property, the Facebook Power Editor could change and enhance the campaigns you create. It allows you to create and […]

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Niche Amenities

Improving resident retention

While there is no failproof strategy for retaining residents, there are certain features that have a great impact on renewals, mostly related to the property’s ability to respond to the residents’ needs. When prospects are first introduced to a community, they are more likely to consider things like location, rental rates and curb appeal. Once […]

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