Parks Associates Announces 2025 Property Innovation Awards Nominees to Highlight Proptech Advancements

Parks Associates Announces 2025 Property Innovation Awards Nominations



Dallas, TX – International research firm Parks Associates has unveiled the nominees for the highly anticipated 2025 Property Innovation Awards. This annual event honors exceptional innovations in the realm of property technology, particularly as it relates to multifamily living. The winners will be celebrated during the Smart Spaces conference taking place on September 16-17 at the HALL Arts Hotel in Dallas, Texas.

The Property Innovation Awards are given to properties and teams that have showcased advanced technological implementations designed to enhance resident experience, drive operational efficiency, and implement sustainable practices. This year's nominees reflect a broad range of innovative strategies employed across the industry.

The current nominees include:
  • - 555 Ross Avenue
  • - Abberly Market Point
  • - Aimco
  • - The Albright
  • - Alto Highland Park
  • - The Ashford
  • - AvalonBay Communities
  • - AV Union
  • - The Bowen
  • - BRT Apartments Corp
  • - Cortland
  • - Cold Spring Apartments
  • - Elme Communities
  • - Glenn Scripps Ranch
  • - Greystar
  • - The Kendrick
  • - Lincoln Property Company
  • - The Lindley
  • - The Met
  • - Mid-America Apartment Communities
  • - Modera San Diego (Mesa Village)
  • - Modera Trailhead
  • - The Nash
  • - The Peachtree Residences
  • - Presidium Tech Ridge
  • - Regius Square
  • - The Rey
  • - Sol
  • - Stony Creek
  • - Studios 435
  • - UDR
  • - Villas on 24th

This year’s event, hosted by Parks Associates, is sure to be an informative and engaging gathering for industry leaders. The deadline for nominations has been extended to July 25, allowing more projects to be recognized for their outstanding contributions to property technology.

Mindi Sue Sternblitz-Rubenstein, Vice President of Marketing at Parks Associates, emphasized the importance of these innovations, stating, “Smart home and smart security solutions represent a significant market opportunity in the multifamily sector alone, estimated at around $8.5 billion.” Furthermore, data from Parks Associates indicates that the U.S. smart Multifamily Dwelling Units (MDU) market saw approximately 35.4 million residential units by the end of 2024.

The Smart Spaces event also serves as a platform for industry professionals to share insights, discuss emerging trends, and network with peers. Attendees can expect research presentations on how technology is transforming real estate investment, asset management, and overall tenant experiences.

Parks Associates encourages industry executives to nominate established properties that have effectively implemented proptech solutions. Categories for nomination include those that have notably improved operations, provided enhanced experiences to residents or guests, championed sustainability, or delivered tangible returns on investment.

Registration for the conference is currently open, and interested parties are encouraged to act quickly to secure their place at this pivotal gathering. The recognition of exemplary innovations at the Property Innovation Awards underscores the increasing significance of technology in shaping the future of the multifamily housing sector.

For more information, or to schedule an interview with an analyst, interested parties can contact Mindi Sue Sternblitz-Rubenstein at [email protected] or call 972-490-1113. Parks Associates remains a leading voice in proptech discussions, paving the way for advancements that redefine property management and enhance resident lifestyles.

Make sure to follow Parks Associates on LinkedIn, Facebook, and Instagram for the latest updates and insights in the industry and to see who will take home the honors at this year’s 2025 Property Innovation Awards.

Topics Consumer Products & Retail)

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