Winners include properties owned and operated by Genting Group, RPM Living, HomeOwners Advantage, Asset Living, and HHHUNT
International research firm Parks Associates today announced the winners of 2025 Property Innovation Awards, sponsored by LiftMaster, who will be recognized at the third annual Smart Spaces, September 16-17 in Dallas, Texas. Winners include the following properties:
Resorts World Las Vegas by Genting Group, in collaboration with dormakaba and AlliantsThe Residences at Sawmill Station by RPM LivingPeachtree Residences by HomeOwners AdvantageRegius Square by Asset LivingAbberly Market Point by HHHUNT
Parks Associates selected these innovative properties based on the originality of their proptech projects, efficiency in deployment, and quantifiable results following implementation, including market impact, performance metrics, and consumer benefits. The firm will detail the successes of these innovative companies in today's webinar, “PropTech, Broadband, and the Future of Multifamily Living,” at 2 PM CT.
Property-provided smart home and security packages represent an estimated $8.5 billion market opportunity, according to Parks Associates. Properties are investing in new technologies to add and improve security measures. AI security cameras, access control solutions with mobile credentialing, and video intercoms at gates all improve resident safety and convenience. Smart property and smart security solutions stand to substantially boost property NOI.
“Technology is actively shaping consumer expectations, driving operational efficiencies, and signaling key trends in the evolution of smart living environments,” said Ashton Gambrell, Director of Sales, Parks Associates. “We are excited to highlight these innovative properties at the event and share how technology is differentiating the experience and adding value for residents.”
“LiftMaster is proud to support Parks Associates' inaugural Property Innovation Awards and celebrates these forward-thinking properties that are redefining the resident experience through technology,” said Rebecca Delgado-Peterson, Director of Product Management-Community Access Controls, LiftMaster. “Innovation in proptech is transforming how properties operate, enhancing security, and creating connected environments for property managers and residents. We're excited to support the leaders driving this transformation.”
The third annual Smart Spaces: Apartments, Hospitality, and Community Living, September 16-17 at the HALL Arts Hotel Dallas, Curio Collection by Hilton, is sponsored by ADT Multifamily, Cox Communities, Nice, Vantiva, SmartRent, Kwikset, ROCiQ, SkyBell, LiftMaster, Rently, Calix, 3dEYE, Cambium Networks, Eleven Software, Groove Technology Solutions, Johnson Controls, Nomadix, PointCentral, RealPage, Zentra Access, and dormakaba.
Winners will be recognized in person at the 2025 Property Innovation Awardsluncheon, September 17, during Smart Spaces. Throughout the conference, Parks Associates and leading technology players, service providers, and multifamily owners/operators will share experiences of new technology deployments like bulk broadband, managed Wi-Fi, and smart home technologies.
Smart Spaces features the following keynotes:
Julianna Brooks Clark, Bradford Commercial Real Estate Services Melanie French, RR LivingKyle Johnson, GreystarRachael Kish, Asset LivingDennis Kyle, RealPage
Research from Parks Associates will be featured during Smart Spaces, with a special focus on connectivity and amenity services:
13% of apartment residents live in an apartment with an in-unit smart amenity package.
Property-provided smart home and security packages represent an estimated $8.5 billion market in the multifamily market.
Apartment renters are generally dissatisfied with their units and complexes, with anNPS of -25 for apartments.
About Smart SpacesSmart Spaces brings together property owners, building managers, and technology leaders to discuss the innovations in the multidwelling 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. www.smartspacesconference.com
Mindi Sue Sternblitz-RubensteinParks Associates972.490.1113400057@email4pr.com
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