27% of multifamily properties report they are holding back from deploying smart home solutions

Parks Associates’ second annual Smart Spaces: Apartments, Hospitality, and Community Living addresses the new challenges property owners and operators face due to shifts in pricing, housing availability, regulatory issues, and new technologies. The executive conference will be held September 24-25 at the Renaissance Dallas Richardson Hotel in Richardson, Texas, and features speakers from the U.S. Department of Housing and Urban Development (HUD) and the Federal Communications Commission (FCC).

Parks Associates research shows that 41 million households rent their homes and estimates the total addressable US MDU market as nearly 29 million apartments and 10 million condominiums. Smart Spaces provides attendees with research from Parks Associates and insights from tech leaders on how to deliver profitable and cost-effective solutions in today’s market. 

Event sponsors include by ADT Multifamily, Cox Communities, Nice, Vantiva, Xfinity Communities, Kwikset, Calix, Homebase, a Quext Company, SkyBell, Dojo Networks, WireStar Networks, Zentra Access, Alocity, and SALTO.

“Our study Smart Properties: The Value of IoT for MDUs shows that 27% of multifamily properties report they are holding back from deploying smart home solution until they have more information on the implications of the FCC proposed rule on bulk internet,” said Elizabeth Parks, President and CMO, Parks Associates. “We look forward to this event to hear more from the industry and regulatory bodies.”

Parks Associates will host the research workshop “Transforming Smart Spaces: Research & Market Insights” on September 24, which includes the featured session “Navigating Changing Regulations” at 11:30 am CT. In addition, Smart Spaces features the session “What Works? Understanding Solution Value, ROI, and NOI” on Wednesday, September 25, 8:45 am CT. Speakers include:

• Michele Levy Berlove, Assistant Division Chief, Federal Communications Commission (FCC)
• Adam Hepworth, President, Della Connect
• Kyle Johnson, Director, Smart Building Technology, Greystar
• Cris Kimbrough, Chief Strategy Officer, SKBM Smart Technology
• Jeffrey Kok, CEO, Aerwave
• Savin Ven Johnson, Regional Director, Office of Community Planning and Development, U.S. Department of Housing and Urban Development, Region VI (TX, NM, LA, OK, AR)

Event Keynote speakers:

• Kaushik Mani, Director, Amazon Key
• Thomas Stanchak, Managing Director of Sustainability, Stoneweg US

Event registration is open. To request data or an interview, please contact Mindi Sue Sternblitz-Rubenstein at mindi.sue@parksassociates.com, 972-490-1113.

About Smart Spaces

Smart Spaces, hosted by international research firm Parks Associates, brings together property owners, building managers, and technology leaders to discuss the innovations in the multi-dwelling and hospitality environments. Building on a high-performing broadband backbone, MDU property managers can leverage connected devices and smart platforms that integrate connected solutions to streamline property management tasks and lower operating costs, attract and retain residents, and increase rental revenues. The event features consumer research, informative session, and networking opportunities for building executives, service providers, and hardware, middleware, and software providers enabling the next generation of solutions for the consumer, MDU, and public spaces.

Throughout each Smart Spaces event, Parks Associates shares its research on bulk broadband, managed Wi-Fi, smart home, and IoT technologies, including access controls, energy management, and network support, setting the stage for conversations to understand the current and future opportunities in smart apartments and hospitality. www.smartspacesconference.com