MDU Properties See Benefits in Smart Home Tech: Parks

Some 95% of property managers think smart home devices can increase rental fees by 5%-30%, blogged Parks Associates analyst Patrice Samuels Monday. Theft and burglary prevention is the most appealing smart home feature to property managers, she said, citing a survey of 300 multi-dwelling unit managers in properties with at least 10 units. She also cited management of HVAC systems to prevent emergencies and control of lighting in unoccupied units as “very appealing.”