/PRNewswire/ Yardi® is honored to receive the 2021 ENERGY STAR® Partner of the Year Sustained Excellence Award from the U.S. Environmental Protection Agency.
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CT has $235 million in rent relief for people in need. Why aren t more households applying?
Alexander Soule
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Seila Mosquera-Bruno, commissioner of the Connecticut Department of Housing on April 7, 2021, in Stamford, Conn. As of that date, the department had received 2,200 completed applications for rental and utilities assistance through the UniteCT program, with both renters and landlords eligible to apply for funds to cover rent in arrears.Tyler Sizemore / Hearst Connecticut Media
In the first three weeks of a massive aid program for renters, applications appear to be falling well short of early projections by Connecticut’s lead housing official.
Multifamily Absorption Surprisingly Strong in 2020, Says Yardi Matrix
Number of units absorbed in 2020 decreased only 12 percent from 2019
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SANTA BARBARA, Calif., March 8, 2021 /PRNewswire/ Despite a disruptive pandemic, investor demand for multifamily real estate was strong in 2020, according to a newly released Yardi® Matrix Bulletin.
Around 252,000 apartment units were absorbed last year. That s about 1.7% of total market stock and down 12% from the 286,300 apartments purchased in 2019. Considering the economic and social calamity that befell the U.S., in many respects due to COVID-19, the fact that demand held up as well as it did is a relief for the apartment industry, say Matrix analysts.
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Canadian fund administrator helps its clients benefit from a single connected solution for property and investment management
SANTA BARBARA, Calif., March 2, 2021 /PRNewswire/ REstack Advisors Inc. s real estate property and investment management clients can now use Yardi Voyager® Commercial and Yardi® Elevate solutions licensed by the fund administrator as their own technology platform.
Yardi Voyager and Yardi Elevate house data for accounting, investor communication, deal and lease management, valuations, construction and more. REstack assists its clients by managing their performance and operations from a single connected solution, eliminating the need for multiple systems that require cumbersome interfaces.
/PRNewswire/ Industrial real estate continues to see strong rent growth and high demand, driven by pandemic-prompted online shopping trends. Industrial.