Like almost every other aspect of CRE operations, construction management is undergoing digital transformation. Getting real-time insight into the actual performance of projects against budget and being able to compare jobs based on various metrics is only possible with a connected software solution. Integrated construction management software can help with efficient data access, communication, collaboration, resource management, regulatory compliance and asset health checks. What else can construction management software do to deepen insight and streamline processes? For Healthpeak Properties, manual document review and reconciliation of tenant improvement allowances previously took 80 to 120 hours per month. Using Yardi Construction Manager, they are now executed with the click of a button. And that’s just one of the benefits the company reports. Integration issues solved Centralizing projects and all portfolio data on a single platform is a best practice. Relying on multiple databases and manual data entry before adopting Construction Manager prevented Healthpeak from easily tracking its commitments and generating reports on tenant improvement allowances. Bryan Schuh, construction accountant, shared, “We had integration issues with other systems. There were always errors, missing items and time wasted on manual reconciliations.” Enhanced tracking and planning Automated workflows make it easy to track change orders and the status of payables against commitments with one click. According to Schuh, that provides a big advantage over the previous manual process. Further, it’s much easier for the company to set up projects in the system.Construction Manager also enhances visibility into Healthpeak’s capital planning. Project managers can easily see which projects have been approved, and centralizing all portfolio information in one readily accessible database has helped the company extend its capital planning from five years to ten years. More efficiency with deal and forecast integration The integration of Construction Manager with deal and forecast management tools (Yardi Deal Manager and Yardi Forecast Manager) further streamlines the revenue lifecycle by enabling clients like Healthpeak to accurately assess and track project costs and timelines. Construction Manager houses monthly/quarterly/yearly job forecasts based on real-time projected final costs and capital expense projections for future years. Project managers quickly and easily create or update job forecasts spreading cost to complete over linear, front-loaded, back-loaded or normal curves. For Healthpeak, automatic population of deal abstracts into Construction Manager from Deal Manager saves many hours of time previously spent on error-prone manual data input. “This integration produces better budgeting and gives us a more accurate portrayal of our project commitments,” Schuh said. “It has saved a lot of people a lot of headaches and prevents us from overpaying on commitments.” Learn more about Yardi Construction...

The Lompoc Theatre Project, a Yardi-supported nonprofit organization, is dedicated to restoring the historic Lompoc Theatre. This iconic venue, a part of the community’s history for over a century, will be re-opened as a performing arts and film center, an educational and community hub, and a focal point of a revitalized Old Town Lompoc. Established in 2012 in Lompoc, Calif., for the greater Central Coast community, The Lompoc Theatre provides life-enriching moments for the hardworking families of Lompoc and the local artists searching for affordable and accessible options in one of the most historically acclaimed venues in the heart of Small-Town America. “We are dedicated to giving a voice to all cultures and backgrounds, enriching the lives of Lompoc families one moment at a time,” said Mark Herrier, executive director for Lompoc Theatre Project. Lompoc Theatre Project is working on completing the Phase Two plan to move the Historic Land Office back onto Main Street, install new dressing rooms and restrooms, and complete renovations to the Lompoc Theatre Stage and Fly Tower, enabling regular live performances in the theatre for the first time in 60 years. Yardi funding helps the organization accomplish these goals. “The grant we received from Yardi was unexpected and appreciated. It became a key part of our matching grant campaign, raising 200k in six months. It also confirmed that our cause is just and that we are being recognized for the decade of hard work we have put in, independent from our outreach efforts,” explained Herrier. Overcoming seven years of failed leadership and apathy, the Lompoc Theatre Project has taken ownership of the building. Local volunteers and donors have driven this project, raising $ 3 million in the last three years. Their unqualified support has paved the way for the reopening of the Historic Lompoc Theatre, a significant milestone in the city’s history. “When completed, it will be the beating heart of the City of Lompoc, generating millions of dollars of economic activity and giving a voice to the underserved diversity that characterizes our proud city,” expressed Herrier. Volunteer Opportunities Volunteers and small donors are always welcome to help with the Lompoc Theatre Project since they significantly impact this organization. For more information, don’t hesitate to contact them on its website here. Find future non-profit profiles at https://www.yardi.com/blog/category/giving. Yardi is Energized for Good! Visit www.yardi.org for more about our philanthropic...

This Yardi-supported nonprofit does it all! North Fulton Community Charities (NFCC) aims to help ease the hardships and foster financial stability in its communities. North Fulton Community Charities was established in 1983 in Roswell, GA, and serves over 9,000 residents in need in North Fulton County, including families. NFCC offers five programs of service to support both short and long-term economic stability: Rent/mortgage/utility assistance Client choice food pantry Clothing choice Seasonal support No-cost education and workforce opportunities By working with individuals through these programs, NFCC focuses on preventing homelessness by offsetting food, clothing, and seasonal costs. This ensures families can use those saved funds for other household expenses and provide opportunities to gain critical skills that lead to higher wages and better jobs. “Our priority is to offer programs and services that meet the community’s needs and will create the most meaningful impact for those we serve,” said Sherri Morgan, director of development for NFCC. Yardi’s funding has been instrumental in helping local at-risk families remain safely housed by providing direct rent, mortgage, and utility assistance. In 2023 alone, NFCC, with the support of Yardi, prevented homelessness and utility disconnection for 1,581 local families. NFCC’s team of caring case managers meets each family eligible for financial assistance and recommends aid to prevent evictions and utility disconnection while also providing critical referrals to other programs, both internal and external, to fill gaps in need. “Preventing homelessness is crucial to allow children to stay in school, allow parents to continue working, and stabilize families so they can access resources that will advance them on their journey to economic independence,” explained Morgan. In addition, the growth and success of NFCC’s programs are a source of pride for the community. With over 40,000 orders in the last year, the food pantry has saved users $4.7 million in grocery costs. The education program, NFCC’s fastest-growing program, has launched additional classrooms this year and two off-site to accommodate over one hundred adults on the waiting list for English classes. Now, the list is down to almost zero. NFCC’s commitment to removing barriers to its client’s resources by providing transportation and free child care to families is evidence of its dedication and impact. “We at North Fulton Community Charities are incredibly grateful to Yardi for their commitment to improving our community. Their generous contribution will ensure that North Fulton families facing financial hardship remain safely in their homes and are equipped with the tools they need to move toward greater financial stability,” said Morgan. Yana’s Ukraine Journey Yana came from Ukraine a year ago with her husband and three children after her husband secured work with an American logistics company. Escaping the war-torn country, she left a successful accounting business and arrived in the United States with little English. Yana was eager to enroll when she heard about NFCC’s English as a Second Language (ESL) program at her church. She began attending ESL classes in May 2023, and her family embraced English immersion. Yana moved quickly through the ESL classes and enrolled in NFCC’s GED program. The GED program allowed her to continue working on her English skills and earn her credentials to secure work. Even though Yana had earned a degree while living in Ukraine, a bomb hit her university in Ukraine, and all records were destroyed. Earning a GED would allow her to rebuild her life in North Fulton. On February 27, 2024, Yana earned her GED. Now, she is enrolled in classes at Interactive College of Technology and plans to return to working in accounting. “This GED program improves English vocabulary, and the atmosphere is very friendly. Thank you for your support at every step,” said Yana. Yana told NFCC program manager Wynona Kuehl that she is enjoying her new home. “It is similar to Kyiv, the motion of life and the comfort. The people smile and are friendly.” She also said, “I like...

Yardi Matrix vice president Jeff Adler again delivered a master class on the current state of the multifamily sector during an Oct. 23 webinar. The recording and presentation slides are available to view online. Multifamily is experiencing robust performance despite a significant influx of new supply, particularly in the Sun Belt and Mountain West regions. Although advertised asking rent growth for new leases has softened—often turning negative—units are still being absorbed. Overall, most markets are experiencing a healthy three to five percent growth in both occupancy and renewals. “The multifamily industry has really performed quite well given the unbelievable amount of new supply that’s been coming in,” Adler said. In the top 20 markets tracked by Matrix analysts, the multifamily sector is grappling with substantial new supply, with approximately half a million units set to be delivered this year. Renter-by-necessity units (Class B to C assets) are now outperforming lifestyle units (Class B+ to A assets). This is largely due to the nature of new construction, which tends to cater to the higher end of the market. This has led to some challenges for owners of lifestyle properties, as the influx of new supply dampens their performance. Retention rates are returning to pre-pandemic levels, largely driven by affordability issues in the single-family home marketplace. This trend suggests that many renters are opting to stay put, contributing to a higher number of positive renewal lease trade-outs, even in markets experiencing rent declines. This trend highlights the critical role housing affordability plays in the current market landscape. Adler discussed some of the specific challenges for affordable housing supply in great detail – tune in to the recording for more insights. The bottom line is that more housing will need to be constructed to resolve the nation’s affordable housing problem. Fewer new stock deliveries are expected in 2026 and 2027, which means the stage may be set for a potential spike in multifamily rent growth, Adler forecast. An overarching shortage of U.S. housing is unlikely to improve in the next five to ten years, suggesting a strong investment thesis for multifamily housing. As capital costs normalize, transaction activity is expected to increase. While some distress may appear in specific areas, the multifamily sector remains resilient and poised for continued long-term growth. In a new format for Matrix, the webinar also included identification of potential investment opportunities and a comprehensive look at the state of the economy. Listen to learn more. “The economy is pretty healthy at a macro level. But there are cracks in the economy emerging, and at some point, those cracks have to come to fruition and be resolved,” Adler...

With the Centers for Medicare & Medicaid Services (CMS) aiming to have 100% of Medicare and the majority of Medicaid beneficiaries tied to value-based care (VBC) by 2030, the time to implement VBC is now. Explore our new infographic to see how the Yardi Senior Living Suite helps you seamlessly deliver VBC — all from one integrated platform. See how the Yardi Senior Living Suite supports VBC Enhance communications among residents, families and the entire care team. Gather data-driven insights to identify at-risk residents and offer preventative care. Empower staff with interoperable workflows, personalized to meet resident needs. Support community wellness programs that boost resident engagement. View actionable trends to ensure comprehensive population health management. Access a digital signature workflow to enable quick adaptation of care plans. Use health care data to report on resident status during transitions of care. Participate in value-based care reimbursement models. Share a cohesive picture of resident health with physicians, health systems and more. Connect to a thriving ecosystem of monitoring and fall detection systems to supplement staff observation and reduce adverse events. Take a closer look at our fully integrated tools The Yardi Senior Living Suite combines resident care, marketing, sales, finance, business intelligence, pharmacy, operations and more on a cloud-hosted, HIPAA and SOX-compliant software platform. As it relates to VBC, you can: Enable real-time information sharing with Yardi EHR, our full-service electronic health record solution. Access clinical trends and population health with Yardi Senior IQ, our comprehensive business intelligence solution. Improve resident engagement with RentCafe Wellness, our dynamic wellness management solution. Hear from our partners “Senior living operators need tools that allow them to communicate proactively as an integrated team with care providers, patients and families to be successful in value-based care,” explained Amy Kaszak, executive vice president of strategic initiatives at Curana Health. “This means that they need technologies that integrate across the continuum and that enable workflow-based alerts and processes.”  “We appreciate Yardi’s efforts to advance the technology needed to support the senior living industry’s move to value-based care,” shared Alan Fairbanks, president of the value-based care alliance at Serviam Care Network. We’re here to help Ready to chat with team Yardi? Reach out to book a meeting. We’ll share more on how our single connected solution supports...

The Romanian Maltese Relief Organization is a Yardi-supported non-governmental association that, during its 33 years of activity, has contributed to changing the destinies of thousands of people in difficulty. This organization was founded in 1991 in Cluj-Napoca, Romania and is defending the faith and helping those in need by continuing to be involved in the community and offering the needed help. When it started its services, the Romanian Maltese Relief Organization aimed to assist children, and now it boasts of recovered young people and adults who are helpful to society. It also provides a social program called Maltese Kindergarten, a daycare for children with neuromotor disabilities. During its years of activity, the Maltese Kindergarten offers education and recovery services to more than 400 special children, many of whom have become independent adults today. The daycare has been certified as a Psychology Structure by the Romanian College of Psychologists. It has been licensed by the Ministry of Labor and Social Solidarity as a social service center since 2005. It has a team of six therapists dedicated and committed to the love of the children, primarily exclusive specialists, psychology graduates, psychological counselors, unique psych pedagogy and physical therapists who have all been certified by the Romanian College of Psychologists. Early personalized therapy can help these children to have a chance for recovery, discover life independently and even go to school. Through its daycare center, the Romanian Maltese Relief Organization provides education and recovery services from an early age. “It is difficult to imagine being a parent of a child that is living with a disability. It is even harder to imagine being a child with disabilities. You couldn’t explain to your mother what hurts you, you couldn’t reach out for your favorite toy, or you couldn’t eat chocolate. These are all simple things that make the difference between living and existing,” explained Mirela Codreanu, director of Romanian Maltese Relief Organization’s Maltese Kindergarten. This year, the Romanian Maltese Relief Organization has opened the first inclusive Playground in Cluj-Napoca, a playground to which Yardi funding contributed in 2023 and 2024. This playground is a first of its kind and, through its attractive and complex design, will bring together children with and without disabilities. This concept was created through Symphony of Friendship, another beloved social project. Its goal is to ensure children with physical and mental disabilities have equal rights to approach public spaces for relaxation and play and to encourage inclusion through play. “This project is important to us because it can contribute to changing mindsets, open opportunities, and new ways to see the vulnerable. We dream about a society that is more tolerant and helpful with those who have a disability, a society that stops pushing away the different ones but embraces it,” said Codreanu. In addition to the playground, Yardi funding helps continue the charitable work at Maltese Kindergarten, allowing the Romanian Maltese Relief Organization to create a safe space for any child who needs special education and recovery. This benefits the less fortunate, special and vulnerable children. “We managed to be that much-needed support, thanks to your implication. I want to encourage you to turn your attention to these programs for special children because you help us support those in much need,” expressed Codreanu. Raul’s Pathway to Hope Cheerful, shy six-year-old Raul had social, motor and communication barriers before he came to Maltese Kindergarten. When he arrived, his diagnosis reflected the fact that he did not walk, speak, eat, and did not understand anything. However, shortly after his adventure started as a “Maltese” child, he gradually managed to explore every corner of the house. First, he crawled, and then, with help from a walker, he soon found himself able to walk after one year of physical therapy. With patience and perseverance, Raul became more receptive to those around him, learning new words and understanding others. After the first year, he...

If you’re in CRE, you already know the challenges of managing and tracking visitor access at your properties. You need to know who is entering and for what purpose, how long they stay and when they leave. This can place a burden on site reception teams and can also lead to a frustrating experience for visitors who must wait for authorization to gain access including for scheduled appointments. New tech makes this process easier for everyone and reduces risk through automation and tracking tools for reporting purposes. Whether you’re an owner or landlord, building manager or corporate occupier, a visitor management solution (VMS) provides a welcome experience for short-term visitors, event attendees, contractors and staff. Connect people and buildings Wondering exactly how a VMS can help your building operations and the people you interact with at your sites? If you’re a landlord or owner, you can deliver a smarter building to attract the best tenants. A VMS such as Yardi Bluepoint can increase retention by providing a great experience for those working and visiting, plus you can analyze visitor data for oversight of your portfolio and its utilization. Building managers can predict staffing requirements to maximize reception utilization and manage visitor volume. For increased security, managers can configure access permissions for tenants and visitors. Corporate occupiers can empower staff to create branded appointments, view pre-visitor information and receive instant notifications when their visitors arrive. Here are some key benefits to consider: Faster check-in: shorter wait times and instant arrival notifications. Flexible visitor management: time-limited access with this easy-to-use software. Visitor appointments can be created using the calendar app or website portal. Contactless check-in: with Bluepoint, visitors can be checked in by site receptionists through the portal or via a kiosk with QR code, PIN or name. Enhanced security: building managers can proactively manage visitor flows and configure access permissions for tenants and visitors. It also provides additional layers of building security. Customizable experience: corporate occupiers can create branded visitor invites, request pre-visit information and receive instant visitor arrival notifications. Real-time visitor data: staff, tenants, reception teams and building management can access real-time visitor data for strategic decision-making on staffing, space utilization and compliance. Yardi Bluepoint value adds Oversight with real-time data: Bluepoint provides actionable insights to enable safer and more efficient management of your spaces. It helps you stay up to date with planned visitors and keep account of drop-in visitor numbers. You can plan for reception services, security and visitor amenity requirements by reviewing Bluepoint data. Tenant empowerment: Bluepoint allows you to manage access permissions for meetings and events and enables your tenants to book time-limited appointments by visitor type. It can integrate with existing tenant management software to provide a seamless experience. Bluepoint is compatible with all calendar apps, so visitors can be invited directly from any calendar including Outlook and Gmail on a desktop or mobile device. Security and compliance: Bluepoint is GDPR compliant and helps you stay current with visitors in your building for critical security and compliance. It provides an accurate overview of who is where and at what time in your building with a check-in and check-out process. You can implement additional security with time-limited, temporary access passes for visitors and staff. Contactless access: Bluepoint allows for smart access using existing access control with a mobile QR code or access card. Activated Bluepoint QR codes can be used with speed lanes, elevators and even meeting rooms. It facilitates contactless check-ins with a free-standing or desk-mounted kiosk. Easy to integrate: Bluepoint’s fully featured API allows for smart connections with new and existing building management technology. Access control integrations with leading manufacturers and tenant engagement platforms allow for an improved experience. Ready to connect people and buildings to optimize operations and satisfaction? Learn more about Yardi...

With the continued staffing challenges in senior living, it’s critical to invest in technology that simplifies your caregivers’ daily tasks — and incentivizes them to stay longer. Explore this quick but comprehensive infographic to see exactly how technology can help you. Why integrated software? Paper processes are time-consuming and error-prone. Technology can help, but not when solutions are siloed and housed on different platforms. The burden these options create translates to staff feeling unsupported and overwhelmed, which leads to high turnover. Integrated software equips caregivers to view resident information, complete daily tasks and manage communications in one place. There’s no need to devote energy to arduous, manual administrative work, which allows them to focus on what matters most: resident care. With Yardi EHR and eMAR — fully integrated tools — you alleviate caregivers’ burden and boost satisfaction and retention. Why Yardi EHR? Gain executive health care oversight with clinical reporting, centralized resident records and instant access to financial data. View real-time health information and utilize convenient workflows, readily available at the point of care. Channel interoperability through verified interface partners that allow data to flow to and from Yardi EHR automatically. Free more time for residents with simplified record keeping, easy information sharing and reduced data-entry tasks. Utilize customizable dashboards and reports to easily manage resident care and optimize health outcomes. Access comprehensive clinical data and a staffing analysis workflow when you pair Yardi EHR with our business intelligence solution, Yardi Senior IQ. Why Yardi eMAR? Use an intuitive, customizable dashboard and workflows that adhere to state regulations and promote compliance. Reduce paper documentation, processing time and expenses with web-based records that eliminate manual medication administration tracking and medication reconciliation. Enhance care with a centralized platform for documenting vital sign data, lab orders, treatment plans and more. Incorporate automated billing based on medication orders and integrate financial analytics with medication administration. Gain a competitive edge with access to a growing market of pharmacy providers that have joined the Yardi Pharmacy Network. Eliminate discrepancies between care plans and medication administration, helping optimize staff shift assignments. Your success is our priority With Yardi, you can power your workforce strategy from a single platform. Reach out today to get...