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Elevate Suite
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Matrix
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real estate
Helping After Irma
When Hurricane Irma devastated a string of Caribbean islands and loomed off the coast of Florida, it had been less than two weeks since Hurricane Harvey made landfall in southeast Texas, displacing thousands of people from their homes. Irma was the strongest Atlantic basin hurricane ever recorded. It triggered evacuation orders for 5.6 million people […]
Up to Bat
Pennsylvania-based Global Sports Ventures plans to introduce eight professional cricket teams to the United States. Each team will have its own stadium complex as part of a three-year initiative to solidify the sport’s presence in the country. To Jay Pandya, chairman of Global Sports Ventures, the U.S. is the next natural frontier for cricket. The […]
08 / 01 / 17
Facebook Live
Video continues to rise to the top of the digital marketing playbook. If you’re skeptical about the power of video, consider that almost 50% of internet users look for videos related to a product or service before visiting a store. And four times as many customers would rather watch a video about a product than […]
07 / 17 / 17
Canada in Focus
If you are a condominium property manager, every day you work towards maintaining your properties to make them desirable places to live, while keeping operations running smoothly. Further, you must ensure the properties meet the expectations of owners and condo corporations. In competitive markets such as Toronto and Vancouver, this is especially key. According to […]
05 / 10 / 17
Every Watt Counts
On December 28, 2009, New York City Mayor Michael Bloomberg signed Local Law 84 (LL84), mandating annual energy reports for any privately owned buildings over 50,000 square feet. (In October 2016, the city expanded LL84 and LL88 to include buildings 25,000 Sq. Ft. and higher, though, this doesn’t officially go into effect until 2018.) Enacted […]
04 / 10 / 17
NewRiver REIT
The British retail investment market joins the rest of the United Kingdom’s business community in facing a host of unknowns in 2017. Chief among them is the timing and impact of the UK’s exit from the European Union following the outcome of the referendum in June 2016. Yardi caught up with one its partners, NewRiver REIT, […]
03 / 27 / 17
Top Office Deals
The U.S. commercial real estate market took something of a respite in 2016, during a year characterized by political volatility. Compared to the previous year, when the market fired on all cylinders, office players were more cautious in 2016, with leasing and sales activity cooling down to more sustainable levels, per most industry reports. Office […]
03 / 25 / 17
Tallest Passive House
New York will soon boast the world’s tallest passive house building. Cornell Tech tower will break international records and set a new standard sustainable building. Cornell Tech residential tower is a collaboration between Yardi client Related Companies, Hudson Companies, and Cornell Univerty. The residential high-rise broke ground in 2015. Upon completion this fall, it will […]
03 / 21 / 17
Build-to-Rent
GREAT BRITAIN (March, 2017) – It is no longer about landlords; today’s property managers recognise that happy residents are at the heart of any successful scheme. Yardi invited a panel of experts in Leeds – a ‘northern powerhouse’ city heavily invested in cutting edge build-to-rent development – to discuss the rapidly-evolving sector Graham Bates – […]
03 / 12 / 17
Affordable Cities
Where are the most affordable places to live in the U.S.? Demographia’s 13th Annual Affordability Survey brought to light a list of affordable markets in the U.S. based on their median multiple, a number obtained by dividing the median house price by the median household income. The Median Multiple is widely used for evaluating urban […]
03 / 03 / 17
Our Greatest Hits
Happy birthday to us! Though it seems like just yesterday when we were brainstorming ideas for our first blog posts, The Balance Sheet celebrated its fifth birthday this month. Time flies when you’re creating great content. It is a great joy to be able to produce interesting real estate related posts for you week after […]
02 / 24 / 17
Smarter than Ever
By consolidating portfolio-wide data and automating reporting, Yardi Orion Business Intelligence makes life a lot easier for property managers and executive decision makers. Instead of manually compiling spreadsheets that can be difficult to analyze, Orion users can instantly view a single dashboard with comprehensive performance data on their desktop or mobile device. Now, with updates […]
01 / 30 / 17
Controlling Costs
The National Association of Home Builders reports 200,000 unfilled construction jobs in the United States. That is an 81 percent increase in unfilled positions since 2014. The lack of skilled labor has contractors turning to creative solutions. A Growing Problem The shortage of construction workers hit hardest in July 2016. Sales for new construction reached […]
01 / 25 / 17
Blockchain Explained
Imagine that it is the end of the month. It’s time to balance the books. Now, imagine that the entire process is gone from your schedule. Every transaction that your organization made that month was automatically balanced and recorded by an automated, accurate, secure and self-regulated system—completed within seconds. This is just the tip of […]
01 / 11 / 17
Retail Technology
Developing financially successful retail centers is a challenging task anywhere in the world. Investors and managers involved in retail assets must be sound strategic planners who can successfully assimilate a number of disparate factors, such as demographics, macro and micro economics, as well as cultural and political circumstances. Rising e-commerce makes a competitive business environment […]
01 / 02 / 17
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