New study shows NIMBYism is the biggest multifamily construction barrier

National Apartment Association | May 10, 2019

According to a new study, NIMBYism is standing in the way of more affordable apartment construction across the U.S. As rents continue to rise, a new study from the National Apartment Association analyzed the factors in 29 major metros that make multifamily apartment construction more difficult to achieve nationwide.

Spotlight

Using data taken from NAR's Q4 2015 Metropolitan Median Home Prices and Affordability report, this infographic looks at median home prices in the home towns of baseball teams playing on opening day.

Spotlight

Using data taken from NAR's Q4 2015 Metropolitan Median Home Prices and Affordability report, this infographic looks at median home prices in the home towns of baseball teams playing on opening day.

Related News

REAL ESTATE TECHNOLOGY,MORTGAGE AND LENDING

FirstClose and Flueid Integrate to Accelerate Title Decisions and Simplify Closings

Flueid | January 06, 2023

Flueid, a real estate technology business that uses title data and insights to drive end-to-end transactions, announced an integration with FirstClose, Inc., the leading fintech solutions provider for home equity lenders across the country. The integration will accelerate home equity lending, reducing transaction times from weeks to five days and supporting a seamless consumer experience. FirstClose Equity reduces operational touchpoints and improves the borrower experience. The end-to-end platform includes a borrower-facing point-of-sale solution that provides consumers with rapid online feedback on home valuation, available home equity loan possibilities, and credit decisions in minutes. In addition, by combining Flueid's decisioning with FirstClose's data and workflow solutions, lenders can start new loans and close them in five days while lowering costs and making processes more efficient. FirstClose stated that this integration would optimize its already exceptional customer service. The integration takes advantage of the best parts of both companies' core technologies to make the closing process faster, like other digital transactions. Flueid stated that the company and FirstClose are pioneers in the home equity loan industry. They can simplify the transaction experience for consumers by including transaction decisions and title data at the outset of a lender's workflow. Flueid and FirstClose will be showcasing their respective solutions from February 27 to March 1 at ICE Experience 2023. About Flueid Flueid is a technology company that aims to make the real estate industry more fluid by fueling transactions with data and insights. The platform combines insurtech, proptech, and fintech. It unlocks data and digitizes real estate transactions for a safe, faster, and on-demand experience.

Read More

REAL ESTATE TECHNOLOGY,HOME AND DESIGN

Rently Updates App to Expedite Smart Home Installation

Rently | January 12, 2023

Rently, the industry leader in self-touring and smart home technology solutions, recently introduced a new feature on its Smart Home App. This new feature will assist technicians in accelerating the installation process using automated tools. It will also enable property managers to receive real-time notifications about successful smart home activations. Installers can now easily verify their identity and begin the installation process using Rently's Smart Home App. The app also provides stepwise instructions, guiding the installers through the entire process. This removes the need to call technical support to activate devices, which leads to significant time savings. Merrick Lackner, the CEO of Rently, states, "Rently recognizes the critical role that installers play in the deployment of smart home technology." He further added, "By eliminating the requirement for installers to contact intermediary technical support teams—just to verify device testing and activation—we hope to save them time, facilitate their projects, and make it easy for them to report their success to managers who receive these real-time updates on their Rently desktop portal." (Source: PR Newswire) Communications between smart home technicians and managers can now be synchronized using Rently's app. This will help save time and eliminate the uncertainty faced by property managers, who would otherwise have to wait for tenants to confirm if their smart home devices are working correctly. About Rently Based in Camarillo (California), Rently is a premier provider of self-touring and enterprise smart-home platforms. The company, established in 2011, serves single-family and multi-family operators. The platform provides convenient and cost-effective solutions to optimize and automate leading, collaborating with over 3,500 operators and enabling more than 15 million self-tours. In addition, Rently's enterprise smart-home vertical allows keyless self-tours, optimization of resident access, monitoring of units, and reduced utility costs from anywhere in the world.

Read More

REAL ESTATE TECHNOLOGY,REAL ESTATE INVESTMENT

View Launches Partner Marketplace to Accelerate Digital Transformation of Real Estate

View | November 21, 2022

View, Inc. (Nasdaq: VIEW), a leader in smart building technologies, today announced the launch of the View Partner Marketplace, an app store now available to the customers of the company’s recently launched Smart Building Cloud, the industry’s first, complete cloud-native platform for smart buildings. The View Partner Marketplace enables View customers to deploy popular real estate applications, sensors, and software platforms with a single click, making it easier than ever for real estate owners and operators to quickly and securely digitize their real estate portfolios. The Smart Building Cloud provides real estate technology teams with all the software components required to connect, manage, and optimize a portfolio of smart buildings with strong cybersecurity protection and maximum flexibility. With the launch of the View Partner Marketplace, View is adding turnkey integrations with platforms and applications that make buildings healthier, more sustainable, more efficient, and easier to operate. The Marketplace now supports 15 applications and sensors with new partners being added monthly. A few recently added partners include: Mapped, a fully automated independent data layer platform that fast tracks the data integration and onboarding process down to a few hours, eliminating the need for manual integrations with vendor applications, and further accelerating project rollouts across portfolio; Nantum OS by Prescriptive Data, a building operating system that enables building owners to manage energy consumption and carbon emissions; Butlr Technologies, an anonymous people counting platform that includes best-in-class occupancy sensors addressing use cases served by View’s Building Performance and Workplace Experience applications; and Awair, an air quality monitoring platform with RESET accredited air quality sensors and long-range mesh network technology that helps enterprises cost-effectively measure indoor air quality. Kevin Cho, Co-founder and CEO of Awair, said: Partnering with View will help us further our mission to improve the health and wellness of workplaces. With our sensors as a preferred option for View’s Smart Building Cloud, we can decrease time to value for customers looking to measure and optimize indoor air quality. “We are delighted to be chosen by View to be integrated into Smart Building Cloud to enable their customers to drive operational and environmental use cases informed by occupancy and utilization data.” -Honghao Deng, Founder and CEO of Butlr Sonu Panda, CEO of Prescriptive Data, said: Partnering with View will help building owners accelerate towards ESG targets of improving energy efficiency and sustainability within their real estate portfolios. With Nantum OS running on View’s platform, customers will benefit from fast data processing at the edge and excellent cybersecurity. Shaun Cooley, Founder CEO, Mapped, said: We’re thrilled to partner with View and make building data more accessible, actionable, and secure. Mapped is committed to enabling property owners to own their data in a clean consistent format across their portfolio; this partnership will ensure customers deploying our solution also benefit from strong out-of-the-box cybersecurity protection and simplified network and data infrastructure. The View Smart Building Cloud can be deployed in both new and existing buildings, and in conjunction with or independently of View Smart Windows, View’s flagship product that uses artificial intelligence to optimize access to natural light and outdoor views while keeping occupants comfortable. Every View Smart Window installation comes with an extensible OT network, which supports a wide variety of smart building devices and applications and serves as the foundation for a complete smart building technology stack. About View View delivers optimal human experiences in buildings. We started by revolutionizing something that hadn’t changed for centuries the simple window and in so doing, built the only complete, modular, cloud-native platform to deliver on the promise of smart buildings. View Smart Glass and the Smart Building Cloud transform buildings into responsive environments that continuously adjust to meet human needs for natural light, connection to nature, fresh air, and comfortable temperatures while improving energy efficiency and increasing profits for building owners and their tenants. Today, View’s products deployed across offices, apartments, life science facilities, schools, hospitals, airports, and hotels. About Mapped Mapped is the Independent Data layer for commercial real estate. By automating the discovery, extraction, and normalization of data from building systems, sensors, devices, and vendor APIs, Mapped simplifies the integration process down to a single, standardized API. Mapped breaks enterprise data silos to empower building owners, operators, and service providers to unlock the value of their data and drive transformative business outcomes. About Prescriptive Data’s Nantum OS Nantum OS is an artificial intelligence and machine learning climate technology designed for commercial real estate operators and sustainability managers. Nantum OS allows real estate managers to visualize building HVAC systems, metering systems, people counting systems, IoT devices (air quality, lighting, shade, smart glass), distributed energy systems (battery storage, fuel cells, on-site generation equipment, solar), and third-party datasets in real time. Nantum OS uses real-time AI/ML algorithms to reduce building energy demand, suppress carbon emissions, and shrink utility costs. Each building on Nantum OS uses the least amount of energy and carbon emissions while delivering the maximum amount of health and comfort to occupied spaces. About Butlr Spun out of the MIT Media Lab in 2019 with offices in Silicon Valley and Boston, Butlr was founded by Forbes 30 Under 30 entrepreneurs Honghao Deng and Jiani Zeng with a mission to make the built environment people-aware. Butlr's People Sensing Platform anonymously infers human presence and activity via its thermal, wireless sensors to deliver rich spatial insights at a fraction of the cost and time of legacy alternatives. Since launch of its platform in late 2021, the company is already working with dozens of the largest occupiers, landlords and service providers in North America, Europe and Asia, in addition to partners in senior living and retail. About Awair Awair’s mission is to empower people worldwide to breathe safely wherever they spend time indoors. The company provides cutting edge technology that is easy to use and understand, as well as an intuitive software platform with actionable insights for IAQ improvement, enabling users to mitigate their indoor air for health and safety, be it at home, school, the workplace, or any other indoor space. The company is headquartered in San Francisco, CA and has a second office in Seoul, South Korea.

Read More