SmartRent’s Post

“Smart building solutions can create innumerable benefits to multifamily properties, provided the deployment and ongoing support are planned correctly for each property,” Parks said, according to the company’s June 19 release. The whitepaper, titled Smart Tech for Multifamily Properties: Understanding ROI, concluded that smart door locks and electronic access control systems saved an average of $80,000 per year, per building. According to the whitepaper, which is available for download here, on Parks Associates’ website, the increased efficiencies created by the technologies were thanks to a reduction of time spent on maintenance requests. https://lnkd.in/gkPR6Yuw

Exciting developments in property management! 🏢🔒 New research shows that smart door locks and electronic access control systems are delivering substantial savings for multifamily property owners. These technologies cut maintenance requests by 10% and save an average of $80,000 annually per building. Smart locks are proving to be a game-changer in the real estate industry by reducing the time and costs associated with traditional lock systems. Check out the full article for more insights: #PropTech #SmartBuildings #RealEstateInnovation

Cameras, smart locks, and intercoms offer peace of mind and improved living experiences for both residents and property managers. Yet, securing multifamily buildings can be particularly challenging, with property managers overseeing hundreds of units across multiple properties. Unlike single-family homes, multifamily security must protect a diverse range of residents and communities, requiring comprehensive solutions. Find out how to protect your communities with enterprise-class smart property technology. Read our latest blog post! 👇 https://ow.ly/2gor50QOG48 #MultifamilyLiving #PropertyManagement #SmartPropertyTechnology #AccessControl

Are you prepared for the upcoming budget season? 🏢 As we approach this critical time, it's essential to consider how to enhance your Multifamily, Student Housing, and Build-to-Rent (BTR) communities with smarter technology. In my experience, integrating advanced solutions can significantly improve the quality of life for residents and streamline property management. At ePropertyCare, we specialize in delivering innovative solutions tailored to your unique needs. Whether it's Building Access Control, Video Surveillance, Water Leak Detection, or Smart Locks and Thermostats, our goal is to create a seamless and secure living environment. Why should you consider smart technology now? First, it offers long-term cost savings. Smart water shutoff systems, for example, can prevent costly damage from leaks. Second, it enhances security and peace of mind for residents through smart locks and video surveillance. Lastly, it boosts energy efficiency with smart lighting and thermostats, contributing to sustainability goals. Our team is dedicated to understanding your specific requirements and crafting solutions that align with your budget. We invite you to book a budget workshop with us. This collaborative session will allow us to listen to your needs and propose a customized plan that fits your property perfectly. Don't miss this opportunity to make your communities smarter and more efficient. Click the link to schedule your budget workshop today and let's start transforming your properties together. What smart technology are you considering for your properties? Share your thoughts in the comments below! #SmartBuilding #RealEstateDevelopment #PropertyManagement

No mess, no downtime, no problem. You can now install gigabit speed Wi-Fi in existing apartment buildings without replacing all the cabling in the building. This case study holds the secret to how:https://bit.ly/3KbY6ck #MDU #multitenant #wifisolutions #nodowntime #flawlessconnectivity

Real-world results speak volumes: Properties like Park Lake Apartments and Keystone Flats are harnessing the power of managed Wi-Fi to revolutionize their operations and tenant experiences. From seamless integration of smart thermostats and EV chargers to ensuring reliable connectivity for critical systems like security cameras and access controls, the benefits are clear. Spot On Networks’ managed Wi-Fi isn’t just about internet—it's about creating smarter, more efficient, and future-ready properties. Explore how we’re helping multifamily communities thrive in today’s tech-driven world. #ManagedWiFi #ProptechSolutions #SmartApartments #PropertyManagementTech #ResidentSatisfaction #IoTConnectivity #RealEstateInnovation #FutureReady #TenantExperience #OperationalEfficiency #SmartLiving #TechTransformation #HighTechMDUs #SpotOnNetworks https://lnkd.in/eEnnWaMC

No mess, no downtime, no problem. You can nor install gigabit speed Wi-Fi in existing apartment buildings without replacing all the cabling in the building. This case study holds the secret to how: https://bit.ly/3KbY6ck #MDU #multitenant #wifisolutions #nodowntime #flawlessconnectivity

Imagine the peace of mind you'd have knowing the exact costs of implementing an enterprise grade Smart Tech platform in your next construction project or value-add acquisition. No more guesswork, no more unexpected surprises. As a trusted advisor in the fast-growing and innovative Smart Building and Smart Apartment Technology industry, my team and I have crafted detailed budgets and designs for hundreds of projects. We understand the dynamics of financing these type of capital projects and guide our clients through the intricacies of how to best accomplish a solution that not only improves efficiency for their team but also delights residents. We've worked with Multifamily Real Estate Developers, Owner / Operators, and Property Managers nationwide, delivering solutions that encompass Building Access Control, Video Surveillance, Water Leak Detection, Water Shutoff, Smart Locks, Smart Thermostats, Smart Lighting Control, and Garage Control. But here's a question to stimulate some discussion: What's the one technology that you believe would make the biggest difference in your real estate development or property management project? I'd love to hear your thoughts. Leave a comment below and let's start a conversation. If you found this post insightful, feel free to share it with your network. #RealEstateDevelopment #SmartBuildingTechnology #PropertyManagement

Vacant units are expensive! If you haven't followed Stacey Hampton yet, you should. She is an expert in all aspects around Multifamily, NOI, and Property Management. Recently, Stacey posted about the true cost of unit turnover, and the breakdown was mind-boggling. 🤯 One crucial aspect of managing turnover costs is controlling and minimizing energy usage in vacant units. We've all walked into an apartment with the AC set to "stun" or the heat cranked up. Often, after various professionals complete their work, the thermostat remains set to high-cost settings. You can avoid these unnecessary costs by implementing a Smart thermostat. The Alarm.com Combo/Hub thermostat is a sleek, design-friendly, 2-in-1 solution. With this, you eliminate the need for an external hub, and through PointCentral software, you can control the settings in your vacant units and common areas, remotely. This solution allows you to create schedules, completely lock a thermostat, or set guardrails for acceptable temperature ranges. 👍 At ePropertyCare, we have successfully installed and support many of these systems across the country in both student living and multifamily communities. If you're looking for ways to lower or control your energy usage, this is an effective and simple solution. Schedule a meeting at YOUR convenience using my calendar link in the first comment or contact me at Sarah@ePropertyCare.com. #Sustainability #EnergySavings #multifamily #Studentliving #SmartBuildings

Cut Rents or Invest in New Technology: Navigating the Multifamily Space in High-Interest Times I came across an insightful article that delves into the current challenges in the multifamily sector, especially as we face high interest rates. It raises a crucial question: Should property owners cut rents to stay competitive, or should they invest in innovative technologies to enhance tenant experience and operational efficiency? With the market shifting, it's essential to consider both short-term solutions and long-term strategies https://lnkd.in/eEXWnzkq