Daisy’s Post

Are apps the answer to meeting tenants’ shifting demands? Expectations from rented property are changing to reflect modern lifestyles – and providers are embracing technology to improve tenant experiences, reports Will Upton. Access the full story now at #realassetinsight: https://lnkd.in/e6r-mtVs

Are apps the answer to meeting tenants’ shifting demands? Expectations from rented property are changing to reflect modern lifestyles – and providers are embracing technology to improve tenant experiences, reports Will Upton. Access the full story now at #realassetinsight: https://lnkd.in/e6r-mtVs

Join for this conversation o the Build-to-Rent market with Parks Associates and Cox Communities on December 3rd! Click below to register! 👇🔗 #buildtorent #communities #renters #connectivity #research #data

Highlights from yesterday's Smart Spaces session! Thank you to our sponsors for making this event possible! Ask me how to watch the replay and how to join us IN-PERSON over September 24-25, 2024! ✨ INAUGURAL SPONSORS ✨ ✨ ADT Multifamily ✨ Cox Communities ✨ Nice North America / Nice Group ✨ Vantiva Smart Spaces Kwikset Calix Homebase, a Quext Company DojoNetworks #thoughtleadership: Cris Kimbrough, PhD, PMP, Executive Vice President, Sales & Marketing, SKBM Smart Technology ⭐ One of the things that technology firms in multifamily are struggling with right now is: what counts as ROI? ⭐ This technology is going to become table stakes and we’re seeing multifamily move towards a hospitality level. Is that where this is heading for tenants in multifamily? Lance Platt, President & CEO, Groove Technology Solutions ⭐ In hospitality, it’s a very mature environment where technology has evolved in a way to where the opportunity for savings is to drive cost out of existing technology. When you look at MDU, there are a lot of providers that are looking to technology to solve individual problems. ⭐ The pandemic made it necessary for multifamily spaces to be productive. From the ability to work from home – you needed to be able to lean on managed wi-fi. Pierre Trudeau , President and CTO, Positron Access Solutions ⭐ It’s really all about the user experience – the multifamily space is leaning towards the hospitality experience plus! You want the same security, privacy, and connectivity as you go about your complex. ⭐ 5G networks are built on the expectation that when you’re at home, you mainly use your Wi-Fi connection, so you aren’t using capacity of your network. Nate Wysk, General Manager, PointCentral, an Alarm.com Company ⭐ You have revenue and cost and if you can affect one of them in the right direction then you’ve got an improvement in your NOI, but I think it’s more complicated than that. ⭐ The reality is this there’s this constant dance, in the residential real estate world – there’s investors and owners, and there’s regulators. #multifamily #MDU #proptech #realestate #research #residentialmarket

As the Build-to-Rent (BTR) market skyrockets, are you prepared to meet the demands of today’s tech-savvy renters? 🤔 📊 With more than 13M US households now renting single-family homes, it’s clear that connectivity, convenience, and cutting-edge smart home features are no longer just “nice-to-haves” - they’re necessities. Join industry experts for a deep dive into: 🔑 Emerging trends in the BTR sector 🌐 The role of connectivity in shaping seamless renter experiences 💡 Strategies to integrate smart tech into every stage of development 🎯 Whether you’re a builder or property manager, this webinar is packed with actionable insights to help you stay ahead in a booming market. 🔗 Register Now: https://lnkd.in/gdVwSiy3 #BuildToRent #SingleFamilyRentals #CoxCommunities

Happy tenants are the cornerstone of successful commercial real estate (CRE) ventures! Here are some top tips to ensure tenant satisfaction: Responsive Communication: Maintain open lines of communication with tenants and promptly address their inquiries, concerns, and maintenance requests. Proactive Maintenance: Regularly inspect and maintain the property to ensure it remains in optimal condition. Addressing issues promptly demonstrates your commitment to tenant satisfaction. Tenant Amenities: Offer amenities that enhance the tenant experience, such as on-site parking, fitness facilities, outdoor spaces, and Wi-Fi connectivity. Flexible Lease Terms: Provide flexible lease terms tailored to tenants' needs, including options for lease extensions, expansion, or customization of space. Community Engagement: Foster a sense of community among tenants by organizing networking events, workshops, or social gatherings within the property. Technology Integration: Embrace technology to streamline processes and enhance convenience for tenants, such as online lease management platforms or automated maintenance requests. Security Measures: Implement robust security measures to ensure the safety and well-being of tenants and their belongings. Feedback Channels: Establish feedback channels, such as surveys or regular check-ins, to solicit input from tenants and continuously improve the tenant experience. By prioritizing tenant satisfaction, Michigan businesses can cultivate long-lasting relationships, reduce turnover, and enhance the overall value of their commercial properties. 🌟🏢 #BranscoPropertiesMI #CREInsights #TenantSatisfaction #MichiganCRE #CustomerExperience #Follow #Connect

As a landlord with many years of experience, I’ve had the pleasure of working with some wonderful tenants. Recently, I’ve noticed an increasing number of questions from tenants about how they can turn their rented home into a smart home. Many of them truly view our properties as their homes, and it’s been great to see them take such an interest in making improvements. In response, we created a simple leaflet outlining the various ways tenants can enhance their homes with smart technology, without needing to ask for permission. This resource has been well-received, and I thought it might be helpful to share with fellow landlords. I’ve attached the leaflet here for anyone who might find it useful. Would love to hear your thoughts or any suggestions you might have! #LandlordLife #SmartHome #TenantExperience #PropertyManagement #Innovation

⬇️ Read more for insights from Ian Mattingly, LUMA Residential during his #SmartSpaces24 Keynote session! ⭐ Cost is not the number one constraint of smart home retrofit adoption, it’s just the easiest one to excuse. ⭐ Retrofits are a huge addressable market. Eighty-eight percent of US multifamily is more than 10 years old. ⭐ Residents are looking for curb to couch convenience, and operators are looking for operational efficiencies to address staffing challenges. ⭐ Owners are concerned more with the capital expenses while managers are more concerned with labor costs-these diverged interests can complicate the relationship. ⭐ If we’re loading residents up with apps, it isn’t providing the seamless convenient experience they’re looking for.

Did you know Multifamily residences use tech to enhance tenant appeal and efficiency ? A recent report by Parks Associates and Xfinity Communities highlights the growing reliance on technology in multifamily residences to enhance tenant appeal and operational efficiency. With residents expecting fast and reliable internet access for work and entertainment, property owners are investing in connectivity solutions and smart building technologies to improve tenant satisfaction and retention. However, many older properties face challenges due to outdated infrastructure, making it difficult to implement new technologies effectively. The report also notes that as the demand for smart home devices increases, properties offering such amenities can gain a competitive edge in attracting renters. Additionally, adopting connected solutions may lead to reduced insurance costs, as properties benefit from risk-mitigation technologies that prevent costly damages. #operationalefficiency #smartbuilding #newtechnologies #smarthome #competitiveedge #facechallenges #facechallenge #connectedsolutions #xfinitycommunities #internetaccess #propertyowners #propertyowner #connectivitysolutions #connectivitysolution #buildingtechnologies #buildingtechnology #tenantsatisfaction #homedevices #homedevice #insurancecost #smarthomedevices #tech #tenant #efficiency #report #parks #associates #xfinity #communities #reliance

Did you know Multifamily residences use tech to enhance tenant appeal and efficiency ? A recent report by Parks Associates and Xfinity Communities highlights the growing reliance on technology in multifamily residences to enhance tenant appeal and operational efficiency. With residents expecting fast and reliable internet access for work and entertainment, property owners are investing in connectivity solutions and smart building technologies to improve tenant satisfaction and retention. However, many older properties face challenges due to outdated infrastructure, making it difficult to implement new technologies effectively. The report also notes that as the demand for smart home devices increases, properties offering such amenities can gain a competitive edge in attracting renters. Additionally, adopting connected solutions may lead to reduced insurance costs, as properties benefit from risk-mitigation technologies that prevent costly damages. #operationalefficiency #smartbuilding #newtechnologies #smarthome #competitiveedge #facechallenges #facechallenge #connectedsolutions #xfinitycommunities #internetaccess #propertyowners #propertyowner #connectivitysolutions #connectivitysolution #buildingtechnologies #buildingtechnology #tenantsatisfaction #homedevices #homedevice #insurancecost #smarthomedevices #tech #tenant #efficiency #report #parks #associates #xfinity #communities #reliance