{"id":26359,"date":"2020-12-13T05:18:14","date_gmt":"2020-12-13T13:18:14","guid":{"rendered":"https:\/\/www.yardi.com\/blog\/?p=26359"},"modified":"2020-12-16T09:22:43","modified_gmt":"2020-12-16T17:22:43","slug":"model-of-adjustment","status":"publish","type":"post","link":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/","title":{"rendered":"Model of Adjustment"},"content":{"rendered":"

While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions, spiraling vacancy rates and, of course, the ongoing COVID-19 pandemic. How can commercial real estate companies not just adjust, but thrive in today\u2019s environment?<\/p>\n

A recent Executive Briefing hosted by Yardi, invited Tom Sheraden, chief technology officer for the QuadReal Property Group<\/a>, one of Canada\u2019s largest \"\"asset managers, to describe how his team used advanced property management software to successfully adapt to the rapidly changing environment.<\/p>\n

A major advantage for QuadReal was a company culture that embraces not just accepting change but owning it. \u201cOur workforce embodies a deep personal drive to make things work better and to own change, not just accept it,\u201d Sheraden said.<\/p>\n

A versatile technology platform capable of handling the breadth of QuadReal\u2019s real estate activities also helped make the global real estate investor, operator and developer fully equipped to press ahead with major projects. Through Yardi Elevate<\/a>, QuadReal can manage the deal pipeline, visualize portfolio health, easily view space availability, analyze risk, complete accurate budgeting and manage construction projects from a single connected solution. \u201cA lot of companies would have taken their foot off the gas. But thanks to our culture of accepting changing technology, we were able to spend our time on forward-looking opportunities versus just surviving,\u201d noted Sheraden, who also paid tribute to staff members whose duties required them to remain onsite throughout the pandemic.<\/p>\n

Prior to adopting its asset management system, for example, obtaining full operational and financial data typically required a separate business intelligence platform. But Yardi helped QuadReal shift that responsibility to the people with the deepest knowledge of the business. “Our strategy is to empower those analysts with great data, great tools and an understanding of how to use them,\u201d Sheraden said.<\/p>\n

Sheraden also sees QuadReal\u2019s successful pandemic adjustment as a product of the company\u2019s focus on innovation and creative thinking. \u201cAs property managers, we\u2019re always looking for better ways to do things for our customers and our team. And as investors, we\u2019re constantly translating our big-picture understanding of what\u2019s going on in the world to our portfolio. To be successful in our space, you have to pay attention at the macro level, understand how those events impact your business and adapt the investment portfolio as necessary,\u201d he said.<\/p>\n

\u201cWe have only scratched the surface of what we can do with Yardi. The diversity of our technology platform is an accelerator for us.\u201d<\/p>\n

Learn about Yardi\u2019s platform<\/a> for comprehensive asset management.<\/p>\n","protected":false},"excerpt":{"rendered":"

While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions, spiraling vacancy rates and, of course, the ongoing COVID-19 pandemic. How can commercial real estate companies not just adjust, but thrive in today\u2019s environment? A recent Executive Briefing hosted by Yardi, invited Tom Sheraden, […]<\/p>\n","protected":false},"author":610,"featured_media":26376,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_s2mail":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2618],"tags":[652,2921,1699,165,2420],"class_list":["post-26359","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-events","tag-canada","tag-quadreal-property-group","tag-yardi-canada","tag-yardi-client","tag-yardi-elevate"],"acf":[],"yoast_head":"\nYardi Blog<\/title>\n<meta name=\"description\" content=\"While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Model of Adjustment\" \/>\n<meta property=\"og:description\" content=\"While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Blog\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-13T13:18:14+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-16T17:22:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg?w=4243\" \/>\n\t<meta property=\"og:image:width\" content=\"4243\" \/>\n\t<meta property=\"og:image:height\" content=\"5304\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Joel Nelson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Joel Nelson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/\",\"name\":\"Model of Adjustment - Yardi Corporate Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg\",\"datePublished\":\"2020-12-13T13:18:14+00:00\",\"dateModified\":\"2020-12-16T17:22:43+00:00\",\"author\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8\"},\"description\":\"While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions,\",\"breadcrumb\":{\"@id\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#primaryimage\",\"url\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg\",\"contentUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg\",\"width\":4243,\"height\":5304},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.yardi.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Model of Adjustment\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#website\",\"url\":\"https:\/\/www.yardi.com\/blog\/\",\"name\":\"Yardi Blog\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.yardi.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8\",\"name\":\"Joel Nelson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69\",\"contentUrl\":\"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69\",\"caption\":\"Joel Nelson\"},\"description\":\"Joel Nelson, senior marketing writer, joined Yardi in 2007. His byline has appeared in New York Real Estate Journal, Canadian Property Management and Los Angeles Lawyer, among others. He has won multiple awards from major professional organizations including the International Association of Business Communicators and Public Communicators of Los Angeles. Joel earned a bachelor\u2019s degree from Pomona College.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/joel-nelson-aa363113\/\"],\"url\":\"https:\/\/www.yardi.com\/blog\/author\/joel-nelson\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Yardi Blog","description":"While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/","og_locale":"en_US","og_type":"article","og_title":"Model of Adjustment","og_description":"While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions,","og_url":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/","og_site_name":"Yardi Blog","article_published_time":"2020-12-13T13:18:14+00:00","article_modified_time":"2020-12-16T17:22:43+00:00","og_image":[{"url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg?w=4243","width":4243,"height":5304,"type":"image\/jpeg"}],"author":"Joel Nelson","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Joel Nelson","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/","url":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/","name":"Model of Adjustment - Yardi Corporate Blog","isPartOf":{"@id":"https:\/\/www.yardi.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#primaryimage"},"image":{"@id":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#primaryimage"},"thumbnailUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg","datePublished":"2020-12-13T13:18:14+00:00","dateModified":"2020-12-16T17:22:43+00:00","author":{"@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8"},"description":"While the industrial sector shows strong occupancy and rent performances, office and retail face a host of challenges including deferrals, concessions,","breadcrumb":{"@id":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.yardi.com\/blog\/model-of-adjustment\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#primaryimage","url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg","contentUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg","width":4243,"height":5304},{"@type":"BreadcrumbList","@id":"https:\/\/www.yardi.com\/blog\/model-of-adjustment\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.yardi.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Model of Adjustment"}]},{"@type":"WebSite","@id":"https:\/\/www.yardi.com\/blog\/#website","url":"https:\/\/www.yardi.com\/blog\/","name":"Yardi Blog","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.yardi.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/04eb5f3b4bd7f02475913d5982a422c8","name":"Joel Nelson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.yardi.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69","contentUrl":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2026\/02\/JoelNelsonHeadshot.jpg?w=69","caption":"Joel Nelson"},"description":"Joel Nelson, senior marketing writer, joined Yardi in 2007. His byline has appeared in New York Real Estate Journal, Canadian Property Management and Los Angeles Lawyer, among others. He has won multiple awards from major professional organizations including the International Association of Business Communicators and Public Communicators of Los Angeles. Joel earned a bachelor\u2019s degree from Pomona College.","sameAs":["https:\/\/www.linkedin.com\/in\/joel-nelson-aa363113\/"],"url":"https:\/\/www.yardi.com\/blog\/author\/joel-nelson\/"}]}},"jetpack_featured_media_url":"https:\/\/www.yardi.com\/blog\/wp-content\/uploads\/sites\/15\/2020\/12\/major-tom-agency-bwBlycP1pj8-unsplash.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/26359","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/users\/610"}],"replies":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/comments?post=26359"}],"version-history":[{"count":3,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/26359\/revisions"}],"predecessor-version":[{"id":26378,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/posts\/26359\/revisions\/26378"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/media\/26376"}],"wp:attachment":[{"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/media?parent=26359"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/categories?post=26359"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.yardi.com\/blog\/wp-json\/wp\/v2\/tags?post=26359"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}