Parks Associates: Connectivity and Smart Home Tech Are Driving Transformation of Multifamily Housing
DALLAS, March 23, 2023 /PRNewswire/ -- Parks Associates' new research Smart Apartments: Connectivity and Services in MDUs shows that over 10% of apartment renters report receiving bulk internet service and over half of those receiving bulk report paying through a separate amenity fee. The research firm will feature research from this new study at the inaugural in-person conference for Smart Spaces: Apartments, Hospitality, and Community Living, April 17-18 in Plano, Texas, at the Hilton Dallas/Plano Granite Park hotel.
- Top players in multifamily, including Mid-America Apartment Communities and Morgan Properties, are embracing smart apartment and smart community solutions both in new construction and for retrofit strategies in existing construction.
- With the rise of remote work, and growing adoption of smart devices, properties have increasingly turned to internet and Wi-Fi as amenities for residents.
- "In addition to multifamily apartments, owners and managers for condos and single-family housing communities are increasingly implementing bulk internet and smart amenities," Hanich said.
- To schedule an interview, attend Smart Spaces, or request data, please contact Rosey Sera at [email protected] or 972-490-1113.