The Yardi Advanced Solutions Conference, which gives real estate industry practitioners valuable insight into software innovations and industry issues, adapted to pandemic conditions with successful interactive virtual presentations in 2020 and 2021. That new tradition will continue March 8-10 with YASC Global, presented free to all Yardi clients. YASC Global delivers education and business growth with hundreds of on-demand classes and executive spotlight sessions. All class content from the May 2021 event is being recreated for YASC Global. Attendees can interact with colleagues and direct questions to Yardi experts via a proprietary live chat feature. All clients are automatically preregistered in YASC Global, making it easy for them to connect, innovate and grow in their business. As with previous virtual YASCs, the event will feature customized education content from the Yardi® Aspire platform. The virtual YASC presentations in 2020 and 2021 drew tens of thousands of participants from more than 60 countries. Along with YASC Global, Yardi is planning to offer in-person YASCs in San Diego, Sydney, London and Singapore in 2022. Learn more about YASC activities. Read client feedback on the value of...

Yardi’s November Executive Briefing brought together a collection of industry leaders to discuss current trends and solutions to mitigate a year of unique challenges. As part of the session, Yardi senior vice president of global solutions, Rob Teel, provided an update on some of Yardi’s current initiatives and what trends are driving Yardi’s efforts moving forward. The company is underwriting a major tenant survey with BOMA which received over 3,000 responses. The survey responses will be revealed in the coming weeks and there will be upcoming webinars with BOMA to review and analyze the findings, such as the likelihood for commercial tenants to renew, factors driving their renewal decisions and factors driving office occupancy levels. Teel noted that some of the prevalent industry trends this year are topics he’s rarely had to deal with, such as concern over rent deferrals and concessions. Yardi’s response was to create a new product called Lease Manager, which helps landlords better manage tenant risk and overall portfolio health. In addition, with a focus on removing touchpoints, Yardi felt it was key to help clients eliminate paper from their day-to-day operations. To do so, there was a corporate initiative to promote products such as VendorCafe and CommercialCafe, which make it easy to electronically submit payments, vendor invoices, tenant invoices and any other documents which normally would have required mailing or submitting paperwork. The industrial, retail and office sectors have all been affected differently by the global pandemic. Industrial has become the “shining area of commercial,” Teel noted, thanks to a large spike in e-commerce growth and demand staying steady along with occupancy and rent. On the flip side, retail has naturally seen more challenges with less foot traffic, shutdowns varying by jurisdiction and higher vacancy rates. This has led...