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multifamily market
Property AutomationSmart HomeTechnology Adoption
September 20, 2021

How Smart Home Automation Keeps Landlords Competitive in a Hot Multifamily Market

According to a May survey by Yardi Matrix, rent growth in the multifamily market has reached pre-pandemic levels. Rent prices rose 2.5% year over year in May 2021, with all major markets nationwide showing recovery. As workers in finance return to the office, many seek luxury apartments in major cities like New York. On the other hand, many tech workers…
Why property managers are turning to vacation rental automation
Property AutomationShort-term rentalSmart HomeVacation Rental
September 16, 2021

Why property managers are turning to vacation rental automation

If you’re a short-term rental property manager, the summer of 2021 will no doubt have been all about juggling back-to-back reservations.  Great news for your business’s gross income. But, at the same time, no mean feat to deal with rising guest demands and energy bills. And, at some point, your quest for greater efficiency, customer satisfaction, and profit margins must…
multifamily trend and hotel condo conversions
Food for thoughtHospitalityHotelizationSmart Home
September 13, 2021

Multifamily Trend Spotlight: Turning Old Hotels Into Smart Housing

Current multifamily trends in housing show an ever-increasing demand for affordable multifamily rental units. However, on the other hand, there is a growing number of hotel and motel closures due to low occupancy rates and high and unsustainable overhead.    The lodging industry’s recovery in the new normal is going to be an uphill battle; many hospitality properties have already…
guide to proptech
PropTech
August 30, 2021

The Building Manager’s Guide to Proptech

Technology always holds the promise of providing greater insights and injecting greater efficiency into the operations of a company or even an entire industry. Proptech, or property technology, is no different. Defined as enterprise software aimed at transforming real estate management, proptech collects data, captures insights, informs decision making and can even automate routine processes. In this quick guide to…
property management tools
MultifamilyProperty Automation
August 30, 2021

7 Property Management Tools For Multifamily Homes

“Work smarter, not harder.” Very likely, you’ve heard that said before, and that’s because there is a lot of truth in it. Remote property management through smart automation and device connectivity can also make this truth a reality for property managers. With online property management tools, the job is not only more convenient but also more efficient.  We have listed…
people counting and crowd monitoring system
Commercial Property AutomationFood for thoughtSecurity
August 30, 2021

Crowd Monitoring Systems: The Future of Security for Property Managers

With smart home technologies quickly becoming the norm, innovations in CCTV technology have greatly expanded their reach and purpose. The technology has gone beyond simply recording and providing real-time video footage for surveillance and security purposes and has gone further than digital multiplexing, DVR recording, and facial detection and recognition. With the help of smart technology integration, security cameras can…
How do smart thermostats work
EnergyHome AutomationSmart Home Control
August 20, 2021

Smart Thermostats: How Do They Work?

Smart thermostats were one of the earliest pieces of smart technology commonly adopted in households. Although hints of smart home tech had been on the scene as early as 2001 with the first autonomous vacuum cleaner, 2011 marked the launch of the first internet-based smart home device, a smart home thermostat.   Today, smart thermostats integrate with your complete smart home…
Property AutomationShort-term rentalSmart HomeVacation Rental
August 19, 2021

The smart tech behind the boom in short-term rentals

The appetite for short-term rentals, amongst Gen Z and millennials, has skyrocketed this summer. And the trend shows no sign of letting up anytime soon, especially with Labor Day weekend around the corner.  Demand for short-term rentals is on the rise primarily because there is a growing interest amongst work-from-anywhere travelers for longer, socially-distanced vacations. Added allure is that these…
Property AutomationShort-term rentalSmart HomeVacation Rental
August 11, 2021

Why you need to tech-up your short-term rental today

To stay competitive, owners and property managers of short-term rentals are waking up to the merits of upgrading properties with the latest technologies.  As travel picks up again, turning your rental into a smart home has become non-negotiable. Allow us to elaborate on the why: There is a huge demand for rentals this summer, especially as work-from-anywhere is becoming part…
smart locks for apartments
Keyless AccessMultifamilySmart Home
July 27, 2021

Smart Locks for Apartments: How Do They Work?

If you’re considering adding smart locks to your commercial real estate property, particularly a multiunit development, you’re not alone. Statista states that the global market size for smart locks is projected to reach more than $4 billion by 2027. Statistics show the worldwide market at $1.74 billion in 2019, which means the prevalence of smart locks will more than double…