The devices should give residents an enhanced living experience while automating aspects of a community manager’s job. Smart apartment technology needs to be tied to a central platform that community managers can control. And unlike smart technology that might be used within single-family homes, there’s an added layer of complexity for smart home technology in multifamily communities. A truly smart apartment interconnects to other devices within the unit. What’s needed to make your units smart? It goes further than adding a Nest thermostat or a virtual assistant and calling it a day. Here are answers to the most commonly asked questions about how smart apartment technology works. If your communities have yet to go smart, it’s a good time to consider adding these conveniences. ![]() And many renters now expect these amenities within their homes. But now, more and more multifamily communities feature smart home technology for apartments. Smart apartment technology was once considered a luxury. Your one-stop guide to investing in smart home technology for apartments and multifamily communities To learn more about Forbes Real Estate Council and see if you qualify for membership, click here. As society tackles serious issues beyond Covid-19 – from climate change to an affordable housing crisis – smart apartments can fundamentally improve people’s quality of life while substantially cutting costs and fossil fuel emissions.įor more information, check out Blake Miller’s executive profile here. Ultimately, he believes smart apartments are no longer a future luxury, but a modern necessity. “Smart technology and automation enables property managers to manage more units at a distance without losing critical resident engagement,” he said. But since all smart devices eventually become obsolete, Miller says the only way to “future-proof” a building is by pairing connected building infrastructure with an open, upgradeable management platform.ĭuring a time when unemployment is the highest it’s been since the Great Depression, Miller emphasized that automating properties isn't about automating away jobs. While many companies can install smart devices such as lights, locks and thermostats, fewer property management services offer unified property management platforms. Next, developers should choose a comprehensive platform that manages all of a building’s smart technology, including property/community management and building automation, in one place. For example, Miller predicts smart HVAC systems and built-in IoT networks will soon be considered utilities like water and electricity. Firstly, it’s not enough to install smart gadgets smart apartments should include IoT connectivity to maximize people and energy efficiency. Miller advises developers interested in building or retrofitting smart apartment buildings to keep a few key considerations in mind. ![]() Smart apartments aren’t just possible with new construction older buildings can be retrofitted with smart apartment connectivity, too. Miller says smart apartments integrate three key features – smart amenities, community management and building automation systems – into one connected building system. What makes smart apartments distinct is that they go beyond smart gadgets, which eventually become obsolete. “The concept of smart apartments is an entirely new category and there are a lot of innovative companies in the space,” he said. Miller, who is also the host of the Future of Living podcast, sees a lot of potential on the horizon.
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