The Balance Sheet - Yardi Corporate Blog

Cody Costello

Employee Spotlight

Every year, Yardi honors outstanding members of the customer service department during the CSD Week Awards ceremony. Cody Costello, consultant, consulting practices, received the VP Award at our most recent event. Tamara J. Berndt, vice president, residential, consulting practices at Yardi, works closely with Costello. She has seen him assist many of the company’s complex […]

News

Myth or Reality?

Housing Affordability Crisis

Conflicting research has many housing professionals—and house hunters—wondering if the nation has reached an affordability crisis or not. There are a few factors that influence why reputable sources are coming up with such different perspectives. Is there an affordability crisis? First American Financial Corp says no. A recent research summary posits that while home prices […]

News

Demand Information

Matrix Multifamily Report

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 […]

Giving

End Hunger Games

Foodbank SB County

The End Hunger Games have been a Foodbank of Santa Barbara County tradition for five years. This winter holiday campaign adds a dose of friendly competition to local corporate philanthropy. Each year, 10-15 corporate teams compete to be crowned as the biggest givers. Yardi has participated in the End Hunger Games since its inception. “We […]

News

NAA 2018

Lessons from Apartmentalize

The multifamily industry converged in San Diego last week for Apartmentalize Powered by National Apartment Association. Formerly known as the NAA Education Conference and Exposition, the annual event is the largest educational conference for apartment industry professionals. We highlight five of our favorite lessons from this year’s event. 5 Lessons from Apartmentalize 2018: Own the […]

Technology

Data at Risk

Breaches Tick Up in 2017

A report published by the Identity Theft Resource Center and CyberScout found there were 1,579 data breaches tracked in 2017. That figure represents a 45% rise over 2016, and an all-time high number of such events. More than half of the breaches (870) listed by the report were associated with the business sector. Other categories […]

Technology

Senior Living

Transform Your Operations

Without the right tools, running a senior living community is extremely challenging. Piles of paperwork can be overwhelming, and manual data entry can cause errors. When care staff get bogged down with administrative tasks, they have less time to spend with residents. In your back office, the accounting team spends time chasing down billing and […]

News

Handling Hoarders

Property Best Practices

Spring is a time for cleaning house and fresh beginnings! Unfortunately, spring cleaning isn’t intuitive or easy for some residents. Your intervention may be needed to keep residents and your property safe. Hoarding disorder is the excessive collection of possessions. It is closely linked with obsessive compulsive disorder, a mental illness that affects nearly 3 […]

News

State of Tech: Asia

YARDI/MINGTIANDI STUDY

In 2017, Yardi sponsored a survey of hundreds of real estate professionals across Asia as well the subsequent report on the survey findings. Completed by Asia real estate business intelligence source Mingtiandi, the report examines the state of technology in Asia’s real estate industry – and looks at where it’s heading. According to the report, […]

News

Realcomm at 20

Industry Leaders Honored

Commercial real estate education and event organization the Realcomm Conference Group LLC (Realcomm) celebrated its two-decade milestone by honoring 20 visionaries at its annual conference in Las Vegas. The prestigious group of honorees included Yardi founder and president Anant Yardi, who received a Lifetime Achievement Award recognizing his career-long accomplishments in real estate and technology. […]

People

Starting Out Smart

In the senior living space

Clearwater Living is new to the senior living real estate market, but the Southern California-based developer and owner/operator of new senior communities aims to set standards for high quality resident and employee experiences in every market it enters. As they opened their first three communities, and prepare to manage more independent senior communities Clearwater Living […]

News

ASHA Heads to Utah

Yardi Sponsors Mid-Year Meeting

Yardi returns this year as a sponsor of the American Seniors Housing Association (ASHA) Mid-Year Meeting in scenic Park City, Utah, taking place from June 27-28 at the Grand Summit Hotel. ASHA is expecting around 175 executive members to attend. ASHA’s meetings, which are complimentary and open only to Association members, are stimulating and thought-provoking […]

Giving, People

Yardi Boston

Helps Out at Somerville Village

Yardi Boston recently participated in a Garden Party project at Somerville Village that will bring therapeutic and educational resources to young women in transitional housing. The project reflects how humble beginnings can be transformed into spectacular endings. About Somerville Village Somerville Village is a collaboration between Focus and The Home for Little Wanderers. The former […]

News

The Ideal Office

What Workers Want

In a recent nationwide survey, Yardi office listings platform COMMERCIALCafé investigated what office employees across a variety of industries had to say about their work spaces. We asked 2,107 respondents from a wide range of ages (from Baby Boomers to Gen Zers), working in different fields (from tech to retail, education and entertainment) some questions […]

News

3 HOA Trends

Condo Bylaws Revisited

Homeowner associations are experiencing a period of rapid change. These changes influence everything from how parties communicate to the appearance of the community. Explore three HOA trends for 2018-2019. Revisiting Short-Term Rental Rules Short-term rentals are an increasingly hot topic, particularly in popular tourist destinations and bustling metros. Many HOAs are tightening up short-term rental […]

People

Sky’s the Limit

Tech delivers high quality care

“We use our Yardi platform to accomplish everything. It works for us,” said Joenita Turner, senior application support specialist at Silver Sky Assisted Living. Silver Sky Assisted Living and Silver Sky at Deer Springs are Nevada HAND’s two communities for seniors who need some extra help. The communities offer comprehensive services including meals, onsite caregivers, […]

News

Multifamily Update

From Yardi Matrix

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 […]

Marketing

Easy Virtual Leasing

6 Tips for Success

There are several reasons why a client may not be able to tour the property in person. Our increasingly mobile and digital industry makes remote tours an excellent alternative, yet it also requires that agents are ready to sell to a client, sight unseen. The six tips below can make selling to remote clients easier […]

Giving, People

Bright Minds

Yardi Scholarship at CSUCI

California faces a dramatic shortfall of college-educated workers. According to the Public Policy Institute of California, by 2030, the state will be more than a million bachelor’s degrees short of what its innovation economy requires to thrive. In other words, if every college and every university in the state of California continues to graduate students at […]

Technology

AI + Robotics

Saving Seniors

During the recent Argentum Senior Living Executive Conference in San Diego, sociobiologist Rebecca Costa shared scientific breakthroughs that are prolonging the lives—and quality of life– for seniors. Preventing Falls In seniors, falls are directly linked to shorter lifespans. The Center for Disease Control (CDC) reports that the death rate from falls among adults ages 65 […]

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