Latest news with #Yardi
Malaysian Reserve
25 minutes ago
- Business
- Malaysian Reserve
Connect the renter journey with Yardi at Apartmentalize
Reach more renters, simplify leasing and enhance the resident experience with RentCafe SANTA BARBARA, Calif., June 9, 2025 /PRNewswire/ — Yardi® is showcasing the power of the RentCafe® Suite as a unified platform for the entire renter journey at Apartmentalize, June 11-13, the multifamily industry's premier event hosted by the National Apartment Association (NAA). From attracting prospects to supporting residents, the RentCafe Suite brings together marketing, leasing and resident services into one connected experience. Attendees can explore its full capabilities across three interactive RentCafe booths, each demonstrating how the platform drives performance, efficiency and satisfaction at every stage. LOOK: Attract more renters Visit the RentCafe Marketing booth to find everything you need to win more renters. REACH by RentCafe is a full-service, award-winning agency specializing in website design, SEO and PPC campaigns that drive powerful results. Advertise on — the industry's only flexible apartment search website — to maximize exposure and help renters find their happy place. LEASE: Simplify leasing from lead to move-in At the RentCafe Leasing booth, learn how connected tools convert prospects into loyal residents. CRM IQ and Chat IQ work together and leverage AI to automate follow-ups, qualify leads and convert prospects faster. Now supporting more than 1 million units, CRM IQ provides centralized insights into leads, residents and property performance, enabling teams to lease more efficiently. LIVE: Enhance the resident experience Explore how RentCafe Living elevates the renter experience. From easy online applications and guided move-in checklists to earning rewards for renter essentials like internet, electricity, renters insurance and more, residents have everything they need in one portal. The RentCafe Suite provides a frictionless journey via a single login and provides all the services renters need. Attendees who visit the RentCafe booths will be entered to win a journey of their own. Book a meeting at the event or reach out to a representative to learn more. About Yardi Yardi® develops industry-leading software for all types and sizes of real estate companies around the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit Photo:
Yahoo
3 days ago
- Business
- Yahoo
Apartment rents begin to recover in high-supply metros
This story was originally published on Multifamily Dive. To receive daily news and insights, subscribe to our free daily Multifamily Dive newsletter. The national average multifamily rent rose by $6 from April to May, up to $1,761, according to Yardi Matrix's latest National Multifamily Report. Year-over-year rent growth held steady at 1.0%, a point from which it has barely moved over the past year. At the major metro level, rent growth remains strongest in the Northeast and Midwest. New York City still leads YOY rent growth at 5.7%, followed by Kansas City, Missouri, at 4.0%. Austin, Texas, remains at the bottom at -5.2%, followed by Denver at -3.5% and Phoenix at -3.4%. However, on a month-over-month basis, Western and Sun Belt metros with historically high deliveries and declining rents — including Denver, San Francisco, Dallas and Austin — saw positive growth in May. In Austin, which saw a 9.1% increase in supply this year, rents rose by 0.2% in May, or $3. This follows a more than $200 price drop in the city over the past two years, according to Yardi. Market YOY rent growth, May 2025 YOY rent growth, April 2025 Difference 5.7% 5.8% -0.1 4.0% 3.5% 0.5 3.4% 3.6% -0.2 3.3% 3.7% -0.4 3.1% 3.3% -0.2 3.1% 3.0% 0.1 3.0% 2.4% 0.6 2.8% 3.2% -0.4 2.7% 2.7% 0 2.2% 2.5% -0.3 SOURCE: Yardi Matrix The national occupancy rate fell slightly in April to 94.4%. (Occupancy data is current to the previous month.) While a heavy supply pipeline is causing occupancy to slip in some metros, strong demand counterbalances the impact, according to Yardi. Single-family rents rose by $3 over the same period, up to $2,183, according to the report. Following weaker performance over the winter, BTR rents have now risen four months in a row, and are close to the all-time high average of $2,185 set in May 2024. Despite uncertainty in the economy and financial markets, fundamentals remained strong for multifamily in May, according to Yardi. The impact of tariffs on the market is uncertain, but economic and renter financial health are solid, with 177,000 jobs added in April and wages growing faster than inflation or rent. 'The impact (good or bad) to the economy of the administration's policies — including higher tariffs, federal layoffs and cuts to or elimination of grant programs for segments including health care, scientific research and education — will likely not show up in data for months or quarters into the future,' the report states. 'But for now, the market is guardedly optimistic.'
Cision Canada
4 days ago
- Business
- Cision Canada
Yardi launches Aspire Platinum package with cutting-edge AI tools
The learning management platform upgrades its offering to include advanced features for enhanced customization, engagement and integration capabilities SANTA BARBARA, Calif., June 6, 2025 /CNW/ -- Yardi ® is proud to announce the launch of Aspire Platinum, the newest and most advanced tier of its Yardi® Aspire learning management system, designed for property management companies that need advanced tools to scale training, improve engagement and stay ahead of change. Among the standout features in Aspire Platinum is Aspire AI, a powerful set of content creation tools that help training teams move faster and do more. With just a few clicks, teams can generate interactive courses, embed scenario-based challenges, build assessments, translate it all to other languages and more. "Aspire Platinum is for companies that want the latest technology to support strong, effective training programs that solve real business challenges." said Patty Evans, industry principal for Yardi Aspire. "It's built to help training teams save time, reach more people and make a bigger impact." Platinum also includes tools that make training more interactive and efficient, such as: Surveys and live polling for real-time feedback and engagement SCORM course compatibility for importing external content Embedded esignature workflows for policies, checklists and acknowledgments Microsoft Teams chat integration for seamless collaboration and communication Aspire Platinum builds on the robust foundation of the comprehensive Aspire Plus package, trusted by property management companies of all sizes. Aspire Plus features a customizable course catalog, event and mentorship management, embedded authoring tools, company resource library, mobile app and a sleek, modern, personalized learning experience. "We designed Aspire Platinum to give companies more flexibility, faster content creation and better ways to engage their teams," added Evans. "It offers the sophistication and efficiency that today's property management leaders need, without making things more complicated." Aspire Platinum helps organizations modernize their learning strategy, support compliance and build high-performing teams in a way that's personalized, scalable and easy to manage. Find out which Aspire package is right for you, or book a demo to see it in action. About Yardi
Yahoo
4 days ago
- Business
- Yahoo
Yardi launches Aspire Platinum package with cutting-edge AI tools
The learning management platform upgrades its offering to include advanced features for enhanced customization, engagement and integration capabilities SANTA BARBARA, Calif., June 6, 2025 /PRNewswire/ -- Yardi® is proud to announce the launch of Aspire Platinum, the newest and most advanced tier of its Yardi® Aspire learning management system, designed for property management companies that need advanced tools to scale training, improve engagement and stay ahead of change. Among the standout features in Aspire Platinum is Aspire AI, a powerful set of content creation tools that help training teams move faster and do more. With just a few clicks, teams can generate interactive courses, embed scenario-based challenges, build assessments, translate it all to other languages and more. "Aspire Platinum is for companies that want the latest technology to support strong, effective training programs that solve real business challenges." said Patty Evans, industry principal for Yardi Aspire. "It's built to help training teams save time, reach more people and make a bigger impact." Platinum also includes tools that make training more interactive and efficient, such as: Surveys and live polling for real-time feedback and engagement SCORM course compatibility for importing external content Embedded esignature workflows for policies, checklists and acknowledgments Microsoft Teams chat integration for seamless collaboration and communication Aspire Platinum builds on the robust foundation of the comprehensive Aspire Plus package, trusted by property management companies of all sizes. Aspire Plus features a customizable course catalog, event and mentorship management, embedded authoring tools, company resource library, mobile app and a sleek, modern, personalized learning experience. "We designed Aspire Platinum to give companies more flexibility, faster content creation and better ways to engage their teams," added Evans. "It offers the sophistication and efficiency that today's property management leaders need, without making things more complicated." Aspire Platinum helps organizations modernize their learning strategy, support compliance and build high-performing teams in a way that's personalized, scalable and easy to manage. Find out which Aspire package is right for you, or book a demo to see it in action. About Yardi Yardi® develops industry-leading software for all types and sizes of real estate companies around the world. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit Video - - View original content to download multimedia: SOURCE Yardi Sign in to access your portfolio
Yahoo
6 days ago
- Business
- Yahoo
Yardi and Nova Credit Bring Financial Inclusion to Resident Screening with Cash Atlas Integration
Yardi's incorporation of cash flow scoring into its screening solution enables insight into creditworthy renters excluded by traditional credit checks SANTA BARBARA, Calif., June 4, 2025 /PRNewswire/ -- Yardi® announced the integration of Nova Credit's cash flow underwriting solution, Cash Atlas™, into its ScreeningWorks® Pro platform. This enables property managers to approve previously credit-invisible applicants by evaluating their ability to pay through bank data rather than traditional credit data alone. The collaboration addresses a critical gap, as 49 million Americans, or 19% of the adult population, are either credit invisible or have an insufficient credit history for traditional scoring, according to research conducted by Oliver Wyman. This lack of traditional credit data has historically excluded millions of qualified applicants from rental housing, including gig workers, recent graduates, immigrants and young professionals, who demonstrate financial responsibility through their banking behavior rather than traditional credit products. In contrast, according to the FDIC, 95.5% of U.S. households have bank accounts, providing transaction data that can be used to assess their financial risk more accurately. This integration marks the first at-scale application of cash flow data in tenant screening, representing a significant shift in how the rental industry evaluates applicants. Over 6 million units using ScreeningWorks Pro can now transition to more objective and inclusive assessment methods. "Traditional credit data misses a population of financially responsible renters who simply haven't used credit products or haven't used them long enough," says Patrick Hennessey, vice president at Yardi. "Cash flow data provides a full financial picture, which is more predictive of their ability to pay rent on time. This gives our clients the ability to approve more applicants while maintaining rigorous risk assessment standards." For property management companies, the integration offers: Enhanced risk assessment: Access to real-time financial data that provides more accurate payment prediction than traditional credit data alone Access to new markets: Ability to serve growing renter segments, including gig workers, young professionals and new-to-country residents Expanded applicant pool: Connection to 49 million credit-invisible Americans, reducing vacancy rates and accelerating unit fills For rental applicants, the benefits include: Fair financial evaluation: Assessment based on actual ability to pay rent through verified and up-to-date bank data, not historic credit history Expanded housing access: Opportunities for responsible renters who are building credit "We're helping property managers discover qualified renters within their existing applicant pool — renters they previously would have missed based on traditional credit data," said Akaash Gupta, head of tenant screening partnerships at Nova Credit. "This is a competitive advantage in any rental market and offers a fairer view of what it means to be a 'qualified' applicant." To learn more about this enhanced resident screening solution, contact a Yardi representative. About Nova Credit Nova Credit is a credit infrastructure and analytics company that enables businesses to grow responsibly by harnessing alternative credit data. As a Consumer Reporting Agency (CRA), Nova Credit leverages its unique data infrastructure, compliance framework, and credit expertise to help lenders fill critical gaps in traditional credit analytics. The company transforms the fragmented universe of consumer financial data into compliant, actionable risk insights through a comprehensive platform designed to increase conversion through expanded coverage, speed, and reliability. Leading organizations, including HSBC, SoFi, Scotiabank, AppFolio, and Yardi, work with Nova Credit to make smarter credit decisions through cash flow underwriting with Cash Atlas™, quickly verify income with Income Navigator, and reach new-to-country consumers with Credit Passport®. Learn more at or reach out to connect@ About Yardi Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. Yardi's single connected solution includes RentGrow® tenant screening solutions as part of an integrated multifamily property management platform. With more than 10,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energized for Tomorrow, visit Photo: View original content to download multimedia: SOURCE Yardi Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
