Blog
A blog about property technology to help you develop, own, and manage a smarter building.
Renters Want Amenities Focused on Safety and Convenience
Generally speaking, renters are most attracted by amenities that offer safety and convenience. The NAA and NMHC both report that renters are most interested in security-related amenities, while National Real Estate Investor says the “No. 1 item on most renters’ wish...
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Selecting Amenities with Millennials in Mind
With more than 75 million people born between 1981 and 1996, millennials are America’s largest demographic by age. And though millennials still believe owning a home is part of the American Dream, their homeownership rate is approximately eight percentage points...
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Influence of Technology on Multifamily Amenities
There’s no disputing the importance of including technology within a living space. According to research done by Gartner for the property management company RentVest, smart devices will be standard in most homes by 2022. Additionally, 57 percent of residents in a...
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The Amenities that Residents Really Want Have Changed
Today’s property managers are looking at a new market with new realities when it comes to filling their buildings with tenants. For one thing, 36.6 percent of U.S. households currently rent – a higher percentage than at any other time since 1965. For another, nearly...
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Managing Deliveries in Multifamily
As we continue our discussion on the shift from high-touch to high-tech in multifamily, it’s impossible to ignore package delivery and the impact it is having. In traditional high-touch buildings, a doorman or concierge is primarily hired to greet residents, announce...
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The Structural Support for Multifamily Housing
There will be a huge demand for new apartments throughout the next decade. In fact, the industry will have to build at least 4.6 million apartments by 2030 to keep up. The increase is largely due to a set of structural changes occurring in the U.S. economy, including...
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The Birth of the Smart Building
The shift from high-touch to high-tech in multifamily housing is the result of development innovations in real estate. It wasn’t until the smartphone, however, that the first truly smart residential building came into existence. Improvements in design and...
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High-Touch to High-Tech in Multifamily
For nearly a century, the secret to generating market rents in multifamily real estate was by offering high-touch amenities. These included 24/7 concierge and on-premises services such as house cleaning and maintenance, often requiring staff and investment. However,...
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Five Pro Tips When Investing in Residential PropTech
Designed for modern living, PropTech is a financially sound investment for any property owner desiring to stay one step ahead of the competition in a renter’s market. And, while choosing the amenities to integrate into your property may seem pretty straightforward,...
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Four PropTech Amenities for Modern Residents
In the last post in this series on proptech amenities, we highlighted three essential amenities millennials can't live without. But the world is filled with all different types of renters, so in this post we'll review four additional PropTech amenities that every...
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