Amenify’s Post

Even amidst recent slowdowns, “rents have continued to appreciate, being nearly 30% higher than prior to the pandemic, with February levels up 3.5% as compared to the previous year.” Given rental demand and the current volatility of the market, technology has a big part to play. Tech-based solutions are becoming increasingly indispensable to streamline operations, enhance tenant satisfaction, and deliver long-term profitability. The role of tech in the real estate ecosystem is one we can’t even fully comprehend at this time. It’s going to be BIG! #RealEstate #Proptech #RentalMarket

Upgrading PropTech in your multifamily projects is a must. In this MEF article, author Sandy Jack emphasizes the importance of upgrading prop-tech in existing multifamily properties. Her top reasons for these upgrades are as follows: ⬇ 🔹 It can help optimize operational efficiencies, reduce costs, and improve the user experience for property managers and residents. 🔹 It can solve problems such as reducing fraud and bringing in alternative data. 🔹 It can lead to higher rents, as more than half of residents say they'd pay up to 10% more for properties with advanced technology, and nearly 3 in 10 would pay an 11% premium or more. The article concludes that prop-tech upgrades should be a top priority for multifamily properties to stay competitive in today's market. Read the full article here: https://lnkd.in/g8iSwtm8 #multifamily #realestate #architecturalinnovation 

Property technology isn't just a perk anymore. It's becoming an expectation. Discover how INT Living is revolutionizing multifamily housing with cutting-edge Proptech solutions, making resident life safer, more convenient, and more secure. From app-based amenity reservations to seamless delivery management, we're elevating the apartment living experience. Read more about the 2024 trends in Multifamily here from ButterflyMX® at the link below. #PropertyTechnology #Proptech #MultifamilyHousing #INTLiving

The multifamily real estate sector is evolving, with declining cap rates, sustained rental demand, and technological advancements redefining the landscape. #RealEstate #MultifamilyInvesting #Sustainability #TechInRealEstate #SunBeltMarkets #PropTechBuzz #PTB #PropTech #Innovation Read More - https://lnkd.in/dvQuvECe —---------------------- If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem. Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.

Exploring Multifamily Housing Trends for 2024 Despite overlapping challenges, multifamily housing showcased robust performance in 2023, highlighting its economic resilience amidst inflationary periods and solidifying its status as a preferred post-pandemic asset in commercial real estate. SMART technology management strategies thrived in this dynamic market. As we navigate into 2024, optimism for multifamily real estate remains strong despite shifting economic landscapes. A big trend to watch is that renters seek more than basic amenities like pools and fitness centers. Today's renters prioritize their need for amenities that include SMART technology. Residents also value property technology services such as smart locks, digital appliance controls, reliable wifi, and apps for rent payments and maintenance requests. With a focus on enhancing the resident experience through smart technology solutions, the multifamily housing industry is set for continued success in the year ahead. https://hubs.li/Q02ph1RG0 #AllbridgeAdvantage #MultiFamilyHousing #Trends ##BestInPropTech #PropTechSolution #PropertyDevelopment

Smart Property Technology continues to make sense in Multifamily and Build to Rent environments where tech-forward amenities create safety, security & convenience for residents, and operational efficiencies & additional revenue streams for asset owners.

Looking to differentiate in #multifamily? Is the competitive landscape keeping you up at night? Do you have a plan to attack your darkest lingering problems? This is a timely article on investing in #Proptech at your communities as a competitive advantage. It is a great read and I would add that this investment would also tackle and assist in the simplification and optimization of the on-site staff experience as well. This would result in attracting top talent and retaining them. Make it easier to do business and connect with residents virtually. What proptech investments are you making to stand out? #proptech #multifamily #advocate #differentiate #transformation

🔑 The Impact of Build-to-Rent on Real Estate Development in 2024: A Game Changer for Developers and Investors 🏙️ The Build-to-Rent (BTR) model is rapidly gaining traction in the real estate market, especially in fast-growing cities like Orlando. In 2024, this trend is reshaping how developers and investors approach residential construction and property management. What is Build-to-Rent (BTR)? Instead of selling units on the market, developers create properties specifically designed for long-term rental. This approach offers a viable alternative for investors seeking stable rental income while meeting the growing demand for flexible and affordable housing. Why is this relevant now? • Growing demand for long-term rentals: As social dynamics shift and homeownership becomes more challenging, long-term rentals are increasingly sought after by tenants. • Profitability for investors: Building units for rent provides a steady income stream, as well as potential property value appreciation over time. • Sustainability and innovation: BTR projects tend to be more sustainable and innovative, focusing on energy efficiency and amenities that appeal to young professionals and families alike. How can developers capitalize on this trend? Investing in the Build-to-Rent model isn’t just about constructing properties; it’s about managing the tenant experience and ensuring long-term profitability. To succeed, it’s crucial to have professional management focused on operational excellence—from maintenance to digital experiences, every detail counts to ensure high occupancy and tenant satisfaction. #RealEstate #DevelopmentManagement #BuildToRent #RealEstateInvesting #Sustainability #MarketTrends #Orlando2024 #Innovation #PropertyManagement #RealEstateDevelopment

In the multifamily industry, the race to integrate the latest proptech solutions is more intense than ever. But let's pause for a moment and consider: Is jumping on every new tech trend really the smartest move? Joya Pavesi of RKW Residential rightly points out the benefits of a unified ecosystem for streamlining operations and improving data visibility. But here's the irony: Technology evolves at a breakneck pace. Today's cutting-edge smart tech can become tomorrow's outdated relic, turning your supposed unique selling proposition into a glaring sign of obsolescence. Instead of investing heavily in rapidly changing technologies, why not focus on classic, enduring features that retain value over time? Solid construction, timeless design, and reliable amenities have stood the test of time for a reason. They don't become obsolete; they become cherished. Let's learn from history and invest wisely. The allure of the latest tech can be tempting, but true value lies in the lasting, not the fleeting. https://lnkd.in/e5FnZwfc

In a time when the U.S. faces a significant housing shortage, key cities are ramping up multifamily housing construction. Explore the top 10 cities and understand the potential impact on rental prices. #HousingMarket #UrbanDevelopment #RealEstate #RentalPrices #PropTechBuzz #PTB #PropTech #Innovation Read More - https://lnkd.in/dSETEMvM —---------------------- If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem. Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.