Multifamily
Renters’ Changing Preferences
More than a year has passed since we first issued a survey to understand renters’ responses to the pandemic. A new survey reveals surprising ways that renters’ preferences have changed, and which preferences remain the same. What renters wanted The March 2020 renter survey issued by RentCafe.com gave analysts an understanding of renters’ expectations and […]
04 / 08 / 21
COVID-19 Rental Housing Support Initiative
Supporting the rental housing sector through the pandemic and beyond is a priority for the industry’s preeminent technology provider. Yardi is the primary sponsor of the COVID-19 Rental Housing Support Initiative. The project is a collaboration of The Institute of Real Estate Management (IREM), National Apartment Association (NAA), National Multifamily Housing Council (NMHC) and National Association […]
Bozzuto Expands West
Yardi client Bozzuto recently announced its expansion into the west coast! With the right people and technology in place, Bozzuto positions itself for growth and success in the new frontier. Bozzuto: spring heralds growth for the property management company In 33 years, Bozzuto has grown into one of the largest property management companies in the […]
03 / 08 / 21
Screening Strategies
Along with changing the way we do almost everything, 2020 caused multifamily operators to re-think their marketing and leasing strategies — including applicant screening. While most businesses have pivoted to online services and are seeing benefits including reduced operational costs, online resident screening requires some attention to ensure quality renters are selected and risk is […]
02 / 09 / 21
And Action!
As leasing technology and the customer journey has evolved, so has the role of the leasing agent. Also called leasing consultants or leasing specialists, these are the people who help walk prospects through the process of becoming residents … a path that’s become increasingly virtual. Even before the COVID-19 pandemic, renters were doing most of […]
02 / 05 / 21
Marketing Analytics
How do you create the perfect property marketing strategy? One that delivers the biggest ROI for your budget? In the days of flyers, yard signs and billboards, creating a winning marketing program used to be somewhere between a guessing game and an art form. But now that most rental searches begin (and sometimes finish) online, […]
01 / 27 / 21
Multifamily Outlook
After a year ravaged by disease, division, job losses and economic hardship, expectations for the multifamily industry in 2021 are the subject of a new Yardi Matrix outlook. “While there does appear to be light at the end of the tunnel, it will take some months to get most of the country vaccinated and get […]
01 / 26 / 21
Asset Performance
Industry leaders from Grubb Properties and MG Properties Group recently shared insights on big data, benchmarking and forecasting with Yardi’s Paul Yount. “You won’t be successful in any market if you don’t have the right tools. You need the data. You have to be ready and prepared,” said Joe Anfuso, chief financial officer at MG […]
01 / 06 / 21
Future of Leads + Leasing
How has the pandemic permanently altered multifamily housing? This is one of the many questions explored during the 2020 National Apartment Association APTvirtual conference. The event hosted 63 breakout sessions and five TED-style Game Changer sessions that helped participants tackle tough questions. The Connect with Execs session offered a unique opportunity for guests to talk […]
Pivotal Shifts
There’s no way to introduce an article about the changes wrought by 2020 that doesn’t underplay the significance of the COVID-19 pandemic. It’s affected the way we do everything — limiting travel, increasing screen time and turning even the most basic activity into an exercise in risk management. For people in the multifamily industry, apartment […]
12 / 29 / 20
Tips for Hosting + Staging
If you thought that virtual tours and self-guided tours were flashes in the pan, think again. Renters throughout the U.S. are speaking up about their tour preferences. Non-agent-lead tours are ideal for more than 52% of renters, reports a survey by RentCafe.com. That same report reveals that more than 83% of renters would take a […]
12 / 12 / 20
Amenity Reset
Amenities can be the irresistible lure that persuades apartment searchers to choose one community over another. Rooftop pools, fitness suites, concierge package service, housekeeping, business centers and dog wash stations all have devotees. “Over the past several years the multifamily asset class has been engaged in an amenities war, with projects offering better and more […]
11 / 24 / 20
Remote Onboarding
Working from home, remote work, telecommuting: whatever you call it, it’s a challenge for property managers across the nation. If you’re lucky enough to be hiring in during the pandemic, you’re also facing the challenge of onboarding in a remote work environment. It’s not easy. With the right tools, however, you can onboard new team […]
11 / 23 / 20
Looking at Liability
As public health restrictions lift, many homes are welcoming loved ones, guests and clients again. The influx of visitors may have you second guessing your renters insurance policy. If you’ve wondered if you’re liable for COVID-19 transmitted while in your rental, read on. What is the “liability” part of your renters policy? Liability insurance is […]
11 / 18 / 20
5 Fun Holiday Ideas
Social distancing and partying don’t seem to go hand-in-hand. With a little creativity, though, you can host fun holiday events for your community while honoring safety protocols. Check out these five fun holiday party ideas that add value, encourage a sense of community pride and resident loyalty. Themed partner yoga party The first step in […]
11 / 13 / 20
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