Sustainable Connected Communities: Technology for Today and Tomorrow

Sustainable communities and environmentally friendly business practices are gaining traction in multifamily, as renters and investors alike are increasingly targeting green developments and management. While many management companies have responded by deploying energy-saving solutions, the reality is a collective effort is required by the industry to move the needle in terms of sustainability. Devices, consumer apps, enterprise platforms, integrations and partnerships are all paramount to meeting and exceeding sustainability goals. Serving a multitude of purposes, these same technologies provide operational efficiency and asset protection, as well as boost resident satisfaction and property value. While each green product or practice deployed makes a difference, the greatest strides are made via a network of connected smart devices conveniently controlled through a singular dashboard. Connecting Communities Apartment operators with a holistic approach to Environmental, Social and Governance (ESG) efforts are seeking software solutions that connect their smart technologies. When connected devices like thermostats, lighting, window blinds and outlets are interoperable and orchestrated through the single dashboard and centralized rule engine, operators gain valuable insights into the impact of these products on green initiatives. They also generate a more comprehensive picture of their overall energy consumption. More sophisticated options such as electric panel monitoring can pull circuit-level measurements in real time, showing residents, operators and owners exactly when and where energy is distributed and wasted. These same devices act as dynamic load centers, essentially acting as the central nervous system for the property, tracking circuit-level strain and shifting load to prevent shorts, outages and fires….