This is a news story, published by TechNewsWorld, that relates primarily to Parks Associates news.
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83% Informative
A report by Parks Associates and Xfinity Communities says connectivity is now an expectation at multifamily residences.
The multifamily real estate market is embracing connectivity and IoT to enhance tenant experiences and attract tech-savvy renters.
A lack of suitable pre-existing networking infrastructure is a top barrier holding multiple dwelling units back from widely deploying IoT.
Connected technology can impact another concern in the multifamily residence market: insurance.
Insurance premiums have soared 10% to 40% for multifamily property owners.
Smart home devices are a differentiator to attract and retain residents.
79% of MDU dwellers with smart home devices and services are satisfied with them.
VR Score
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English
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