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
John Reilly, MBA’s Post
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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
8 Multifamily Housing Trends to Expect in the Future
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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
Why Upgrading PropTech in Established Multifamily Housing Should Be a Top Priority
multifamilyexecutive.com
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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.
Why Upgrading PropTech in Established Multifamily Housing Should Be a Top Priority
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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
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.
Why Upgrading PropTech in Established Multifamily Housing Should Be a Top Priority
multifamilyexecutive.com
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🌟 10 Top Markets for Rental Property Investors in 2024-2025 🌟 As we head into 2024, the rental property market continues to offer incredible opportunities for savvy investors. With the power of DSCR loans, you can strategically build your portfolio in these thriving markets: 🏙️ Austin, TX: The Silicon Hills are booming with young professionals driving rental demand. 🌴 Tampa, FL: Population growth and a strong economy mean high yields for investors. 🌞 Phoenix, AZ: Property values are appreciating alongside rental demand. 🏗️ Charlotte, NC: Affordable living meets a growing job market. 🏔️ Boise, ID: Outdoor haven for remote workers and families alike. 🎶 Nashville, TN: Music City offers vibrant culture and a thriving rental market. 🏖️ Orlando, FL: Tourism and population growth make this a rental goldmine. ⛰️ Denver, CO: A lifestyle destination with steady rental income potential. 📈 Atlanta, GA: A diverse economy and growing population make it a strong investment. 💼 Raleigh-Durham, NC: A tech-driven economy creates lasting rental opportunities. Whether you're a seasoned investor or just starting, these markets offer the perfect combination of strong demand, appreciation potential, and rental yields. 💡 Leverage DSCR loans to maximize your investments and achieve your financial goals. Curious to learn more? Visit ahlend.com for the full breakdown. 📊 Pro tip: Diversification is key! Spread your investments across these markets to mitigate risks and capitalize on unique regional opportunities. #RealEstateInvesting #RentalProperties #DSCRLoans #PropertyInvesting #FinancialFreedom #RealEstateGoals
10 Hot Rental Markets For DSCR Investors
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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
Top 12 Multifamily Predictions for 2024
https://www.multihousingnews.com
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Rising rental demand is shaping the real estate market significantly in 2024. With rental prices remaining relatively high, it’s clear that affordability challenges persist for many. This also highlights an opportunity for developers to innovate in creating cost-effective housing solutions. The growing preference for renting over buying further reflects changing priorities among younger generations. Exciting times ahead for those adapting to this dynamic shift!
5 trends that will reshape the real estate market in 2024 - HousingWire
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What's is the meaning of Nexovant and Nexovants: At Nexovants, our name reflects our core mission: creating a network of seamless connections and driving forward innovation in real estate. Derived from the Latin word nexus—which means connection or a central point—and combined with vant, a representation of advancement, Nexovants is much more than just a brand. It embodies our commitment to linking individuals, businesses, and investors with opportunities that propel them forward in the dynamic real estate landscape. Nexovants isn’t just one entity—it’s a collective of interconnected services and platforms, each designed to simplify real estate transactions and investments. From our cutting-edge property listings to innovative investment packages, Nexovants represents an ecosystem where people come together to buy, sell, and invest, creating value at every step. Why Choose Nexovants? A Network of Opportunities At Nexovants, we’ve created an expansive network that connects property buyers, sellers, investors, and service providers. Whether you’re looking to purchase your dream home, invest in property development, or take advantage of short-term rental opportunities, Nexovants has you covered. Our platform acts as the central hub that makes these connections seamless and efficient, making real estate easier for everyone involved. Our Subsidiaries: The Heart of Nexovants The name Nexovants (the plural form of Nexovant) represents the broad spectrum of services and solutions we offer through our various subsidiaries. Each one focuses on a unique aspect of the real estate ecosystem: NexoVest: Our innovative investment platform that allows users to invest in real estate development, short-lets, and creative content spaces, offering attractive returns with minimum risk. EsTAi by MorenaAi: A groundbreaking AI-powered property search assistant that personalizes property recommendations, making it easier than ever to find exactly what you're looking for. MUUV: Our professional moving service that helps clients relocate homes or businesses with ease. WUUD: Offering gadgets, home appliances, and furniture to elevate your living experience in your newly purchased or rented space. Join Nexovants Today Nexovants brings you closer to real estate opportunities than ever before. By creating a centralized platform for property listings, investments, and services, we are transforming the way people interact with real estate. Whether you are a buyer, seller, or investor, you’ll find that Nexovants is the most reliable partner for your real estate journey. Invest, buy, rent, or list with Nexovants today and experience the future of real estate. Learn more at Nexovants.com or contact us at +234-7069440262.
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🔑 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
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Interested in the future of multifamily? Dive into this commentary on where the industry is headed. #multifamily
Creating New Efficiencies: Where Does Multifamily Go From Here?
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Founder and Managing Director at DNA Growth
7moAbsolutely, tech's potential to revolutionize the rental market and property management is just scratching the surface; exciting times ahead for proptech innovation! #RealEstate #Proptech