The average national apartment rental rate rose $7 in February to an all-time high of $1,175. Across the U.S., rents rose an average of 0.6% month-over-month and 5.9% year-over-year. The latest data is from Matrix Monthly, a market report compiled by Yardi® Matrix covering 111 markets. To see the full February report, click here. To learn more about Yardi Matrix, visit www.yardimatrix.com.
Press Releases
Yardi launches new data centre in Dubai
Yardi® is meeting the data security and infrastructure needs of its rapidly growing client base in the Middle East by opening a new data centre in Dubai.
RE/MAX Commercial Central Property Management gains online convenience with Yardi Genesis²
RE/MAX Commercial Central Property Management recently sought a “premium product” that would attract new tenants and residents. It selected Yardi Genesis2™, a mobile Software-as-a-Service platform for owners and managers of small to mid-sized residential and commercial real estate portfolios.
Augusta Funds Management Limited strengthens investment management with Yardi solutions
Commercial property fund manager and syndicator Augusta Funds Management Limited will adopt the Yardi Investment Suite™ to improve visibility for its investors and enhance investor relations.
Mountain Elk Ridge Apartments adopts Yardi Genesis²
Seeking efficiency and the convenience of online resident services, Mountain Elk Ridge Apartments is improving its property management and accounting capabilities and extending online services to residents with Yardi Genesis2™.
Yardi acquires iMS GmbH of Mainz
Yardi Systems announced today that it has acquired Mainz-based iMS Immobilien Management Systeme GmbH, a German developer of commercial property management software.
Emmes Group of Companies selects Yardi Voyager for its real estate business operations
Emmes Group of Companies has announced its decision to adopt Yardi Voyager® 7S, a browser-agnostic, fully mobilized property management and accounting platform.
Matrix Monthly documents a fast start to multifamily rents in 2016
Multifamily rents started briskly in the new year. The average national rate rose $5 in January to an all-time high of $1,170, according to Matrix Monthly, a compilation of surveys of the 111 markets covered by Yardi® Matrix.
Furst Properties LLC adopts Yardi Voyager 7S in its ‘new era’ of property management
Furst Properties LLC entered a new era of property management, accounting, tenant service and marketing capabilities with its adoption of the fully mobilized Yardi Voyager® 7S platform.
South Haven Group Consolidates Real Estate Operations with Yardi Voyager 7S
Australian property investor, developer and building management service provider sees integrated Voyager platform as a key to business growth. SYDNEY, Australia, Jan. 22, 2016 – Culminating its search for a single, integrated database capable of managing all of its various business units, property investment, development, construction, maintenance, and property management; South Haven Group replaced several […]