{"id":1004155734,"date":"2016-10-21T00:54:52","date_gmt":"2016-10-21T08:54:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004155734"},"modified":"2025-02-26T23:34:04","modified_gmt":"2025-02-27T07:34:04","slug":"yardi-matrix-salt-lake-growth-story","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/","title":{"rendered":"Yardi Matrix: Salt Lake Growth Story"},"content":{"rendered":"<div id=\"attachment_1004155425\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004155425\" data-attachment-id=\"1004155425\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/saltlakecity_metro_2016_ii_rent\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg\" data-orig-size=\"1000,438\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"SaltLakeCity_Metro_2016_II_rent\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg?w=1000\" class=\"wp-image-1004155425 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg\" alt=\"Click on image to enlarge.\" width=\"300\" height=\"131\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg 1000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg?resize=300,131 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/SaltLakeCity_Metro_2016_II_rent.jpg?resize=768,336 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004155425\" class=\"wp-caption-text\">Click on image to enlarge<\/p><\/div>\n<p>Salt Lake City\u2019s multifamily market continues to produce gains, fueled by the favorable demographic picture, robust employment and Utah\u2019s strong economy. A healthy influx of professional jobs and the area\u2019s relative affordability are attracting residents and lifting demand for apartments.<\/p>\n<p>The metro\u2019s universities and medical institutions beget a skilled workforce that attracts technology and medical firms, while large firms such as Goldman Sachs, Adobe, eBay and accounting\u2019s Big Four have established outposts that hire many of these graduates. Furthermore, the number of high-paying science, technology, engineering and math (STEM) jobs is expected to grow over the next few years.<\/p>\n<p>Out-of-state investors, particularly those from California, are being lured to the area by the operating costs, which are a fraction of what they would be in neighboring metros. Investor interest is expected to grow, especially now that Google Fiber has flipped the switch on its super-high-speed network in Salt Lake City, providing service in the city center starting in August. Apartment development is on pace to reach another high in 2016, with more than 6,700 units under construction. Most of the development is occurring along the downtown region, with headline projects underway in Salt Lake City, Orem and Sandy. The supply of new rentals is outstripping construction, with metrowide vacancy dropping below 4 percent.<\/p>\n<p><a href=\"https:\/\/www.yardimatrix.com\/Media\/Downloads\/FileID\/120?signup=false\" target=\"_blank\" rel=\"noopener\">Read the full report.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Demand for apartments in the metro is fueled by the healthy influx of young professionals, especially in the technology and healthcare industries.<\/p>\n","protected":false},"author":192,"featured_media":1004155255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37769,21808,21742,37795,1606,15],"tags":[],"class_list":["post-1004155734","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-rc-absorption","category-featured","category-latest","category-rc-occupancy","category-salt-lake-city","category-west"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Yardi Matrix: Salt Lake Growth Story - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Yardi Matrix: Salt Lake Growth Story\" \/>\n<meta property=\"og:description\" content=\"Demand for apartments in the metro is fueled by the healthy influx of young professionals, especially in the technology and healthcare industries.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2016-10-21T08:54:52+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-27T07:34:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Ioana Neamt\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/\"},\"author\":{\"name\":\"Ioana Neamt\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"headline\":\"Yardi Matrix: Salt Lake Growth Story\",\"datePublished\":\"2016-10-21T08:54:52+00:00\",\"dateModified\":\"2025-02-27T07:34:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/\"},\"wordCount\":237,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/10\\\/MatrixMetros_SaltLakeCity_800x620.jpg\",\"articleSection\":[\"Absorption\",\"Featured\",\"News\",\"Occupancy\",\"Salt Lake City\",\"West\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/\",\"name\":\"Yardi Matrix: Salt Lake Growth Story - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/10\\\/MatrixMetros_SaltLakeCity_800x620.jpg\",\"datePublished\":\"2016-10-21T08:54:52+00:00\",\"dateModified\":\"2025-02-27T07:34:04+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/10\\\/MatrixMetros_SaltLakeCity_800x620.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2016\\\/10\\\/MatrixMetros_SaltLakeCity_800x620.jpg\",\"width\":800,\"height\":620},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/yardi-matrix-salt-lake-growth-story\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Yardi Matrix: Salt Lake Growth Story\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/993af2799cdaf5162633d320cf63ff16\",\"name\":\"Ioana Neamt\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g\",\"caption\":\"Ioana Neamt\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/ioana-neamtyardi-com\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Yardi Matrix: Salt Lake Growth Story - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/","og_locale":"en_US","og_type":"article","og_title":"Yardi Matrix: Salt Lake Growth Story","og_description":"Demand for apartments in the metro is fueled by the healthy influx of young professionals, especially in the technology and healthcare industries.","og_url":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2016-10-21T08:54:52+00:00","article_modified_time":"2025-02-27T07:34:04+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg","type":"image\/jpeg"}],"author":"Ioana Neamt","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/"},"author":{"name":"Ioana Neamt","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/993af2799cdaf5162633d320cf63ff16"},"headline":"Yardi Matrix: Salt Lake Growth Story","datePublished":"2016-10-21T08:54:52+00:00","dateModified":"2025-02-27T07:34:04+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/"},"wordCount":237,"commentCount":0,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg","articleSection":["Absorption","Featured","News","Occupancy","Salt Lake City","West"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/","url":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/","name":"Yardi Matrix: Salt Lake Growth Story - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg","datePublished":"2016-10-21T08:54:52+00:00","dateModified":"2025-02-27T07:34:04+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/993af2799cdaf5162633d320cf63ff16"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg","width":800,"height":620},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/yardi-matrix-salt-lake-growth-story\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Yardi Matrix: Salt Lake Growth Story"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/993af2799cdaf5162633d320cf63ff16","name":"Ioana Neamt","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c23143e2bbd052c3212795512e12716f2eb2fe548856495df0a99e5404af3d75?s=96&d=mm&r=g","caption":"Ioana Neamt"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/ioana-neamtyardi-com\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/MatrixMetros_SaltLakeCity_800x620.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004155734","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/192"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004155734"}],"version-history":[{"count":2,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004155734\/revisions"}],"predecessor-version":[{"id":1004627478,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004155734\/revisions\/1004627478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004155255"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004155734"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004155734"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004155734"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}