The global property technology (proptech) market, valued at $26.8 billion in 2022, is projected to catapult to $119.9 billion by 2032. Part of this growth is reflected in shifts in the multifamily housing industry, which include changing resident needs, the influence of recent global events, and innovations in technology. As property owners strive to meet the evolving […]
Multifamily property ownership and management require exceptional resident experiences to attract and retain tenants. In today’s competitive market, it’s not enough to simply provide a decent place to live—residents expect to feel comfortable, valued, safe, and truly at home at your property. However, when you can provide these amazing tech experiences, it’s not just beneficial […]
Multifamily property owners are caught in a tidal wave: Not only are expense costs rising, but rent growth is decelerating, making it challenging to drive revenue and keep residents happy. According to Yardi Matrix, multifamily costs have risen in almost every key category—from insurance and payroll to total operating expenses and administrative tasks—with insurance making the […]
