As we navigate an unpredictable landscape, many multifamily owners and operators may wonder if adopting smart technology makes sense for them right now. Whether the market is thriving or faltering, Proptech remains one of the most reliable investments owners can make to elevate their property's performance and retain a greater share of residents. In fact, a Park Associates study revealed installing Proptech into a multifamily community increases ...
Investing in smart tech doesn't have to be such a daunting task for multifamily owners and operators. And now, implementing prop tech into your property is simpler than ever before as more solutions become available and ignite the growth of the multifamily industry.Hardware-as-a-Service (HaaS) is currently the hottest trend in the multifamily space. It's a market that is expected to grow to $116 billion, almost double what it was two years ago.Du ...
As the economic climate remains uncertain, multifamily owners are looking for ways to reduce their operating costs and upgrade their properties. Even if the market begins to recover, recent downturns have made one thing abundantly clear: businesses must plan ahead if they want to survive long economic droughts. In order to fortify their assets and remain competitive in the industry, multifamily owners have needed to take steps to cut costs and ge ...