All the multifamily news you need
Whether it’s ever-evolving tech tools, updated regulatory measures, or modified on-site processes, change is a perpetual part of the landscape for industry professionals. As such, apartment operators must have measures in place to prevent hardworking associates from becoming overburdened.
Many operators have learned through trial and error that a more measured approach is required when building a tech stack. At the outset, the primary questions to ask are what impacts the tech will have on your team, on residents, and from a corporate perspective.
Pet ownership has skyrocketed during the past few decades, increasing from 56% to 70% of households from 1988 to 2022, according to the American Pet Products Association. Just as many renters have welcomed new pets into their households.
Tech solutions meant to ease the day-to-day operations of a community and enhance the resident experience need to not only be effective and easy to use, but they should also be implemented in a speedy fashion and seamlessly integrated.
What trends and technology should those in the multifamily industry focus on in the new year? The Multihousing News Executive Council shares their insights, including cyber security, employee development, and smart tech and communities that help their residents thrive.
When technology is deployed in the multifamily industry, it often pertains to streamlining nuances of the leasing journey. Tech is also utilized to automate repetitive tasks, such as sending timely reminders to prospects and prepopulating forms for which information is already available.
During the 2022 OPTECH session, NextGen AI: Risks and Rewards, industry leaders discussed AI’s promise and potential pitfalls moving forward. Panelists said much of multifamily’s hesitancy surrounding AI stems from a basic lack of understanding of the technology.
The electric vehicle movement is speeding up, making significant gains over the last several years. The industry, however, faces an uphill battle with the availability of reliable chargers for owners. The team at Xeal is solving for this issue.