In a forthcoming article in the Proptech Outlook magazine, Matrix vice president Jeff Adler dissects the paradigm shifts that have occurred for the real estate industry due to the pandemic and how they may influence ongoing investment.

Investors need comprehensive, verified, and reliable data to make decisions that go beyond guesswork, which is why Matrix has so much value for investment professionals.

“Essentially, Yardi Matrix’s function is to bring more transparency in formerly opaque markets. We exist to save time and effort for investment professionals while also ensuring that they are making the right bets at the right time,” Adler told Proptech Outlook.

Using Matrix, investors can directly get the relevant insights regarding the commercial real estate market and its subsectors, and easily benchmark, predict, and compare the potential value from various investment opportunities in lesser time and with more precision.

“Beyond acquisition and underwriting, the insights provided by Yardi Matrix can also be leveraged for brokerage, loan origination, portfolio management and reassessment, and even property development,” observes Proptech Outlook.

Matrix clients have been able to achieve significant returns on their investments, aided by analysis based on factors like location, migration patterns, employment and more. Matrix also offers biannual live webinars that help keep industry professionals informed on the latest trends.

“As the impediments of the pandemic alleviate further and investment professionals revamp their efforts, we will be ready to equip them with the latest insights regarding the property market to make more accurate investment decisions,” Adler said.

Read the interview with Jeff Adler in its entirety on Proptech Outlook.

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• Yardi Matrix recently released our student housing data offering, an industry-leading analytics tool that provides critical insight into the student housing sector.
• Yardi Matrix Student Housing covers key metrics including prelease occupancy, rent by bedroom and by unit, transaction activity, the new supply pipeline, the shadow market, ownership and property management contact information, university profiles and more.
• This report is the first in our quarterly series, covering major trends and developments in the student housing industry. This report will focus on the Yardi 200, which includes all Power 5 conferences as well as Carnegie R1 and R2 universities. Yardi Matrix also hosts biannual student housing webinars. More information on the subscription data offering can be found at YardiMatrix.com.

The COVID-19 pandemic has deeply impacted the global economy and commercial real estate markets, and the student housing industry is no exception. After most universities closed in the spring of last year, school administrators had only a few months to plan for what the 2020 fall term would look like, and most universities implemented some type of online learning.

According to the National Student Clearinghouse Research Center, overall postsecondary enrollment declined 2.5% in fall 2020, and the primary driver of this decline was undergraduate enrollment, which dropped 3.6%. Despite de-densified dorms and a desire for students to return to campus, the purpose-built student housing industry is beginning to feel the effects of the pandemic.

Year-over-year rent growth for the Yardi 200 has steadily declined each month since the shutdowns last March, and rents were down 1.3% in December compared to last year. The fall 2020 preleasing period ended in September at 88.7% for the Yardi 200, about 5.5% below the prior year. While the recent deployment of the COVID-19 vaccine has brought a sense of optimism, there is still some uncertainty as to when the vaccine will be available to the general public. As a result, preleasing for the fall 2021 school year is off to a slow start, at 29.5% preleased as of December.

Though there is some short-term pain in the industry, Yardi Matrix is generally optimistic about the future of the purpose-built student housing industry as the vaccine reaches more people and as students who took a year off return to campus.

Read the full Yardi Matrix Student Housing Report 2021-Q1

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