Changes over the last three years have been profound, with COVID-19 accelerating how innovative technology is used in homes and with mass adoption of tech in the multifamily space. With today’s economic backdrop being so uncertain with raised interest rates, inflation, and rising prices, this adds additional pressure to the bottom line for multifamily building operators facing lower rental rates and rising operating costs.
Key themes for multifamily operators over 2023 will be considering how automation can help to address rising