Blog
A blog about property technology to help you develop, own, and manage a smarter building.
Amenities that enhance the tenant experience
"Why do tenants stay or go?” CREtech asked in a 2018 blog post. Its answer: “The experience. Landlords master retention and recruitment by delivering top-notch user experiences. Space is not just a commodity. Tenants view their office, retail centers, and apartments...
By the numbers – ButterflyMX
Why the Tenant Experience is Important
Several factors are challenging commercial real estate developers, property managers, and owners to deliver greater tenant experiences. None are particularly surprising and all generally reflect the evolution of peoples’ and organizations’ preferences over the past...
What is Tenant Experience?
In a services-led economy where knowledgeworkers are king, companies are changing the way their employees work in an effort to recruit and retain the best talent. Many organizations no longer require their workers to come in every day. Some provide on-premise...
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...
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...
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...
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...
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...
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...