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Tag: CRE

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Yardi Client Profile

Shannon Commercial Properties

Established in 2015, Shannon Commercial Properties (SCP) is a subsidiary of Shannon Group plc and provides commercial property solutions to commercial, industrial and aviation markets. The company owns and manages seven business and technology parks and has over 1.8 million square feet of office and industrial space, as well as approximately 1,600 acres of development […]

Events, News

Realcomm Recap

Yardi a Major Presence

Yardi contributed hugely to the success of the recent Realcomm ׀ IBCon conferences, an annual premier event in the commercial real estate industry, by showcasing innovative technologies that control revenue and expenses. Yardi focused on the benefits of Yardi Elevate, Yardi Kube and Yardi Pulse. These product suites blend business intelligence from Yardi Matrix with […]

Technology

AI, Examined

CRE's Machine Learning Future

Editor’s note: The following article by Kevin Yardi, vice president of consulting practices for Yardi, was originally printed as a Realcomm Advisory on May 31, 2019. It is reprinted here with permission. Various aspects of big data, AI and Machine Learning have been reported extensively in this space and elsewhere. I’ll use this opportunity to […]

News

Rents on the Rise

Office Market Update

A new national office property report from Yardi Matrix shows that asking rents rose by 1.1% in April 2019 over the previous three month period while robust absorption of new supply kept the vacancy rate unchanged at 13.7%. Office rents’ strength across the U.S. reflects “the continued health of the economy and the growth of […]

Coworking, News

Shifting Spaces

Office Market Update

While industry fundamentals are healthy and the economy is strong, the U.S. office sector faces pressures that could fundamentally alter its business model. Jeff Adler and Jack Kern, vice president and director of institutional research, respectively, for Yardi Matrix, provided an update on a sector in transition in a recent webinar. After a shaky fourth […]

Energy, News

Green Brings Green

Sustainability Aids Retention

Did you know that adding sustainable features to your property can improve tenant retention? It’s true! If you’ve been brainstorming ways to increase lease renewals and decrease overhead costs, green upgrades may be the answer.  The Benefits of Sustainability Tenants look favorably upon earth conscious workspaces. DTZ, an international leader in commercial real estate services, […]

People

CRE in Cincinnati

Adam Rath, Rath Equity

The office real estate sector shows strong fundamentals as it appears to be near a peak, shares Yardi client Adam Rath, founder & owner of Rath Equity. The company started operating in the Cincinnati area since last year and is now focused on growing its base of industrial and office clients. In a wide-ranging conversation, […]

News

Industrial Markets

Trends Insight from Yardi client

Boosted by healthy economic fundamentals, the U.S. industrial real estate market maintained its historic growth throughout the first half of the year, according to the most recent Yardi Matrix industrial report. The sector continues to benefit from increases in online consumer spending. Traditional core industrial markets such as Chicago, New Jersey, Dallas-Fort Worth and the […]

Coworking, News

Sharing Disruption

U.S. Coworking Expands

Coworking isn’t new, but its recent growth and prominence in the U.S. office market space is. A new special report from Yardi Matrix, titled “Shared Space: Disrupting the Traditional Office,” outlines the dramatic increase in shared spaces over the past year, driven by a growing “gig economy” and employers’ desire to deploy more workers remotely, […]

News

Industrial Strength

Matrix Market Report

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% […]

Marketing

5 Easy Tips

For Better Property Photos

Commercial property photos are notoriously unimaginative. Prospects have grown accustomed to mundane shots of empty spaces. But what if you offered something more interesting? Your property will gain the competitive advantage. Below are five tips for better commercial property photography that will help you stand apart from the crowd. Show Interactions, Not Spaces All commercial […]

News

Office Update

From Yardi Matrix

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 […]

Technology

Coworking Takes Off

Asia market update

The global wholesale leasing model is under pressure, as technology-enabled coworking gains both momentum and market share, says Neal Gemassmer, vice president of international sales for Yardi. Shared workspace is not new – but advancing technology, the growing gig economy and cost-cutting strategies are driving the coworking trend into the mainstream. Increasingly, corporations are turning […]

People, Technology

Asset Tech Upgrades

Insight from Todd Huebsch

Until fairly recently, enterprise software platforms for real estate largely focused on accounting, finance and other back office operations. The advanced programming languages, mobile reach and internet capacity that enable automated workflows and remote access available for the back office hadn’t reached the front office. Things are different today—for the better. In an article originally […]

Technology

People Flow

Managing Foot Traffic

Developers, property owners and architects have a new tool available for building design. The Virtual Building Service, an innovation from Budapest-headquartered EIT Digital, creates digital simulations to test and optimize people flow and building occupancy. IBM and KONE, a company that specializes in the elevator and escalator industry, have partnered in the initiative, with KONE […]

News, Technology

Yardi Elevate

Sutherland Talks Tech

A group of real estate industry thought leaders, including Yardi’s Brian Sutherland, exchanged thoughts on emerging real estate technologies in a recent Realcomm-hosted webinar. With the “explosion” of solutions to choose from, “it’s challenging to know which one will help operationally, increase the bottom line, reduce costs and serve customers,” said Sutherland, industry principal for […]

Uncategorized

Pace Setters

Realcomm Tech Forecast

Appropriately for the “acceleration” theme of its global conference this week, Realcomm recently hosted a webinar in which several experts, including Yardi’s Alex Stanton, commented on the rapid pace of change in commercial real estate and new data management technology entering the marketplace. Stanton, regional director of commercial sales, said the movement toward an integrated […]

News

CRE Tech

Boom or Bust? Experts Weigh In

“CRE Tech Industry—Boom or Bust?” was the question posed in a recent Realcomm-hosted webinar. The answer will depend on technology providers’ ability to differentiate themselves and deliver solutions that create value for building owners and operators, according to a panel of real estate technology suppliers, investors and users including Yardi’s Alex Stanton. The five webinar […]

Technology

Digital Definition

Transformative CRE Tech

What does “digital transformation” mean to commercial property management beyond a catchphrase? Six thought leaders including Alex Stanton, Yardi’s commercial industry principal, provided clarity on the subject in a recent Realcomm-hosted webinar. Digital transformation extends technology beyond acquiring and managing property.  It’s driven by business factors such as profitability, occupant satisfaction and productivity along with […]

News

Tech Evolution

New Truths for CRE

Alex Stanton, Yardi industry principal for Commercial, joined other technology experts in exploring the fast-paced evolution of technology, automation and innovation in a recent Realcomm-sponsored webinar. The six-member panel described the current real estate technology paradigm that considers tenants, guests, employees and shoppers as interrelated elements of a user experience.  As a result, property owners […]
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