Smart Home Tech Increasingly Big for MDU Builders: Parks
Multiple dwelling unit builders see ability to integrate smart home technology with property management software as “very important,” reported Parks Associates Tuesday. Sixty-five percent believe smart home technology differentiates properties and adds value. Increased rental revenue is the most important value here, followed closely by energy efficiency and access control, said analyst Patrice Samuels: “Smart apartments are a valuable amenity to attract and retain renters.”