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Smart Home Tech Increasingly Big for MDU Builders: Parks

Multiple dwelling unit builders see ability to integrate smart home technology with property management software as “very important,” reported Parks Associates Tuesday. Sixty-five percent believe smart home technology differentiates properties and adds value. Increased rental revenue is the most important…

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value here, followed closely by energy efficiency and access control, said analyst Patrice Samuels: “Smart apartments are a valuable amenity to attract and retain renters.”