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⬇️ Read more for insights from Ian Mattingly, LUMA Residential during his #SmartSpaces24 Keynote session! ⭐ Cost is not the number one constraint of smart home retrofit adoption, it’s just the easiest one to excuse. ⭐ Retrofits are a huge addressable market. Eighty-eight percent of US multifamily is more than 10 years old. ⭐ Residents are looking for curb to couch convenience, and operators are looking for operational efficiencies to address staffing challenges. ⭐ Owners are concerned more with the capital expenses while managers are more concerned with labor costs-these diverged interests can complicate the relationship. ⭐ If we’re loading residents up with apps, it isn’t providing the seamless convenient experience they’re looking for.

🏡✨ Transform your living space with the latest trend sweeping Maryland and Virginia: Smart Homes! 🌟 🔍 As the real estate markets evolve, smart home technologies are becoming increasingly integral to how we live and interact with our spaces. With devices like smart thermostats, security systems, and lighting controlled right from your smartphone, living has never been more convenient, secure, or energy-efficient. 📱💡 📍 In Maryland, the push for smart homes is fueled by its proximity to tech hubs and smart growth policies aimed at sustainable urban development. Meanwhile, Virginia's booming economy and tech sector presence are accelerating smart home adoption, especially in Northern Virginia's tech-savvy communities. 🌐 🏗️ Real estate developers are now incorporating smart technologies right from the construction phase, enhancing property appeal and catering to a tech-conscious demographic. This shift not only meets growing buyer demand but also positions properties at a premium in the market. 🛠️💼 📈 The demand for smart homes has surged, particularly as the COVID-19 pandemic has increased our time spent at home, driving the need for more efficient, secure, and comfortable living environments. 🏠🔒 🌍 As Maryland and Virginia continue to embrace technological innovations, the prevalence of smart homes is set to reshape the real estate landscape, marking a significant shift towards connected, efficient, and sustainable living. 🌱🔄 🤝 Ready to upgrade? Reach out to explore how smart homes can elevate your lifestyle in Maryland and Virginia! 📞 🔗 Contact us by visiting https://lnkd.in/ewmnyzzm, or reach out directly to Jamal Daniels, our dedicated team leader, at 240-226-0909 or via email at jamaldaniels@kw.com. 📧 #SmartHomes #MarylandRealEstate #VirginiaRealEstate #HomeAutomation #TechTrends #SustainableLiving #EnergyEfficiency #RealEstateTrends #HomeSecurity #ModernLiving #TechSavvy #SmartLiving #ConnectedHome #FutureHomes #PropertyDevelopment #RealEstateInnovation #SmartHomeTech

Smart technologies are transforming the multifamily resident experience. These innovations improve convenience, security and satisfaction, thereby reshaping what residents expect from modern living. https://lnkd.in/gZ6dV_Kv #SmartTechnology

🔍 Emerging Trends in Multifamily Living: The Shift Towards Smart Apartments The multifamily housing market is rapidly evolving, driven by the preferences of younger generations. Renters today prioritize advanced technology and seamless connectivity. Key trends include: 🏡Smart In-Unit Devices: Smart locks, thermostats, and lighting enhance resident satisfaction and operational efficiency. 🌐Community WiFi & Access Control: Managed WiFi and app-based access control boost resident convenience and property revenue. 🚗EV Charging Stations: With electric vehicles on the rise, EV charging is becoming essential. 🚶♂️Self-Guided Tours & Smart Parking: Innovative solutions for convenience and efficiency in leasing and daily living. Investing in these technologies boosts NOI and ensures competitiveness in the market. #SmartApartments #MultifamilyHousing #SmartLiving #ConnectedHomes #MultifamilyTrends #EVCharging

Why Managed WiFi is a Game-Changer for Multifamily Communities 🏢📶 Top Reasons to Invest: 1. Seamless Connectivity: Residents enjoy instant, hassle-free internet access from day one. No more waiting for service providers to set up. 2. Enhanced Resident Experience: Reliable, high-speed internet supports all residents, from students to remote workers, boosting satisfaction and retention rates. 3. Increased Property Value: Offering state-of-the-art amenities like managed WiFi attracts tech-savvy tenants, increasing demand and rental rates. 4. Simplified Management: Property managers can rely on service providers to handle all internet issues, freeing up time for other tasks. 5. Future-Proof Technology: Managed WiFi systems can adapt and scale with technological advancements, keeping your property competitive. Real-World Impact: - A property management company saw a 30% increase in resident satisfaction after implementing managed WiFi. - Significant savings on infrastructure costs were reported by our trusted partners. The Bottom Line: Managed WiFi is not a luxury—it’s a necessity. It ensures a seamless, high-quality living experience that stands out in a crowded market. P.S. Ever had a day ruined by bad connectivity? Let’s make sure it’s always a positive experience. Curious how managed WiFi can benefit your community? Drop a comment or DM me!

We simply can’t ignore the digital needs of today’s residents. From how we work and socialize to how we operate and manage our homes, it’s become a foundational requirement for day to day life. This digital revolution has made a community’s technological capabilities a defining factor when residents are choosing an apartment home. #multifamily #communitywifi

Unveiling the Next ₹1,000 Crore Opportunity in T1 City Real Estate: Beyond Residential & Commercial The T1 City Real Estate market is a dynamic landscape, and traditional residential and commercial developments are well-established sectors. But where is the next big opportunity for savvy investors and developers? Here's a Thought-Provoking Proposition: While traditional sectors continue to hold value, the next ₹1,000 crore opportunity might lie in niche, high-demand segments within T1 Cities. Consider these factors: 🏙️ Evolving Urban Demographics: The growing young professional population in T1 cities demands innovative housing solutions. Is there a gap in co-living spaces, micro-apartments, or student housing? 🏢 Shifting Workplace Trends: The rise of remote and hybrid work models is affecting office spaces. Is there potential for co-working spaces, flexible office solutions, or wellness-focused work environments? 🌿 Sustainable Living and Smart Cities: The focus on sustainability and smart technology is increasing. Could there be an opportunity for green buildings, energy-efficient communities, or integrated smart city solutions? 22Light's Expertise Can Help: At 22Light, we understand the complexities of T1 City Real Estate and the importance of identifying emerging trends. We offer: 🔍 Market Research and Feasibility Studies: As a preferred partner, 22Light analyzes market trends and assesses the viability of niche developments. 📊 Strategic Financial Planning: As a Preferred Partner, 22Light can develop a lucrative financial model and funds for innovative projects. 🏗️ Land Acquisition and Liaisoning: 22Light navigates the complexities of land acquisition and ensures smooth project approvals. To explore a partnership on Land with the next ₹1,000 crore opportunity in T1 City Real Estate? Contact me at faiyaz.r@22light.com and unlock the potential of niche development! #RealEstateTrends #T1Cities #InvestmentOpportunities #NextBigThing #RealEstateDevelopment #GreenBuildings #SustainableLiving #SmartCities #SmartTechnology #EnergyEfficiency #MarketResearch #FeasibilityStudies #FinancialPlanning #LandAcquisition #Liasioning #22Light

🏡 Exciting developments in the estate agency and lettings market over the past year! 🌟 Over the last 12 months, the UK property market has witnessed a significant shift in trends. 📈 With the rise of remote work, there has been a growing demand for spacious homes with dedicated work areas. 🏠 Additionally, sustainability and energy efficiency have become top priorities for renters and buyers alike. 🌿 Looking ahead, the market is poised for further evolution in the next year. 🔄 We can expect to see an increased focus on virtual property viewings and smart home technology integration. 📱💡 The rental market is projected to remain competitive, with a continued emphasis on flexible lease terms to accommodate changing lifestyles. 🔒 As we navigate these changes, let's stay informed and adaptable to seize the opportunities that lie ahead. 💼💬 #PropertyMarketInsights #FutureTrends #UKPropertyOutlook

🏡 Exciting developments in the estate agency and lettings market over the past year! 🌟 Over the last 12 months, the UK property market has witnessed a significant shift in trends. 📈 With the rise of remote work, there has been a growing demand for spacious homes with dedicated work areas. 🏠 Additionally, sustainability and energy efficiency have become top priorities for renters and buyers alike. 🌿 Looking ahead, the market is poised for further evolution in the next year. 🔄 We can expect to see an increased focus on virtual property viewings and smart home technology integration. 📱💡 The rental market is projected to remain competitive, with a continued emphasis on flexible lease terms to accommodate changing lifestyles. 🔒 As we navigate these changes, let's stay informed and adaptable to seize the opportunities that lie ahead. 💼💬 #PropertyMarketInsights #FutureTrends #UKPropertyOutlook

In the fast-paced environment of property rentals, understanding the preferences of prospective tenants is vital. With the technological needs of renters continuing to evolve, property companies are inclined to provide managed Wi-Fi networks to enhance the resident experience. A recent survey conducted by the National Multifamily Housing Council and Grace Hill partners gives an insightful glimpse into the predicted renter preferences for 2024. Covering 78 markets across the United States, the Renter Preferences Survey shows high-speed internet and reliable cell reception as non-negotiables for 90% and 86% of survey respondents, respectively. Smart home technology such as video doorbells, keyless smart locks, and smart thermostats are increasingly becoming desirable features, with renters willing to pay a premium for these conveniences. Shifting patterns in affordability, employment, electrification, and seamless connectivity are expected to drive future leasing decisions. Check out this link to learn more: https://lnkd.in/g8ZAmeJn #SmartConnectivity #SmartLivingSpaces