Yardi Matrix
Industrial Strength
Yardi Matrix took a close look at the U.S. industrial real estate market’s performance in the first half of 2018 and found plenty of positive signs. Indications of the sector’s strength include: Strong demand for space driven by year-over-year e-commerce sales growth of 15.4% Nearly 125 million square feet of industrial space coming online 7% […]
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 […]
Self Storage Update
The self storage industry has been strong over the last several years, with economic growth creating new households and driving demand. Can this pace continue or will the recent supply surge outpace demand? That question formed the basis of a recent web presentation by Jeff Adler and David Dent, vice president and senior real estate […]
Office Update
A strong U.S. economy has given rise to an equally robust office real estate market. Office-using employment and wage gains outpace the national average growth rate, according to a recent report from Jeff Adler and Jack Kern, vice president and director of research, respectively, for Yardi Matrix. Their update, presented in a webinar, focused on […]
Risky Business
A recent Yardi Matrix research bulletin titled “Flood and Fire: The Multifamily Sector’s Response to Natural Disasters,” assesses the state of U.S. multifamily markets in areas hit hard by natural disasters in 2017 including hurricanes and wildfires. Hurricanes alone caused around $110 billion in total reported property damage. The bulletin also covers the impact of […]
Demand Information
A new report by Yardi Matrix indicates that multifamily deliveries might outpace demand in some key U.S. housing markets. Matrix conducted a study to determine which areas might be at risk of oversupply or undersupply over the next five years. The research revealed that deliveries in 2016 and 2017 helped compensate for the construction shortage […]
Multifamily Update
What’s the verdict on the U.S. multifamily market—healthy, ailing or somewhere in between? Data presented in a recent webinar led by Yardi Matrix indicates that the news is mostly good. “Despite a fair number of headwinds that include decelerating rent gains, growing supply, the advanced age of the economic cycle and the increase in interest […]
Super Service
Actionable information on which multifamily markets offer the best prospects of penetration has fueled Valet Living’s rapid growth. For three years, Valet Living has used Yardi Matrix, a business development and asset management tool for underwriting and managing real estate investments, to identify the number of Class A, Class B and garden-style properties in a […]
Informed Investments
In 14 years as a Yardi client, Fogelman Properties has adopted a variety of solutions that comprise a single connected platform for running its real estate property and investment management business. For example, automating resident insurance enrollment at its rental properties produced 100% insurance compliance. Another solution for tracking and managing leads gave rise to […]
Disaster Recovery
A new research bulletin from Yardi Matrix assesses the ongoing recovery of multifamily markets in U.S. areas hit hard by hurricanes, wildfires and other natural disasters in 2017. Three hurricanes inflicted about $110 billion in property damage and $300 billion of economic loss in Texas, Florida and Puerto Rico, the bulletin notes, with the affected […]
Coworking Trends
Yardi Matrix has completed the first report that quantifies the amount of office space dedicated to coworking in office buildings with 50,000 square feet or more in 20 large U.S. markets. “Coworking represents a small yet growing segment of the office market,” the report says, noting that that 20 markets contain more than 1,100 coworking […]
Looking Up
What does a largely stagnant year for the multifamily industry in 2017 imply for this year? How will economic, tax policy, demographic, capital market and supply factors impact the segment? These and other issues comprise the content of “Sustainable Pace?”, a new market analysis compiled by Yardi Matrix. The Yardi Matrix research team’s study suggests […]
Growing with Matrix
With 4,200 units of owned multifamily housing, MACC Venture Partners is on a mission to more than double in size, according to managing partners Tony and John Azar. Based in Gastonia, N.C., MACC Venture Partners is a private equity owner operator of commercial real estate engaged in active pursuit of capital preservation and appreciation. With […]
Multifamily Outlook
Yardi Matrix reports another strong summer for the multifamily real estate sector. The fundamentals were downgraded from “great” to “consistently good” but several factors suggest continued, healthy performance. Even rapid development in some of the nation’s hottest markets has slowed to a more sustainable pace due to construction labor shortages. The shortages may have longer-lasting […]
Apartment Trends
We’d need 4.6 million new apartments by 2030 to meet demand for rental living and keep prices in check, reports the National Multifamily Housing Council. That’s about 373K new units each year on average, a number that’s rather optimistic considering the pace of apartment construction in the last decade. So how feasible is this plan? […]
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