Alliance Residential Company didn’t become one of the nation’s largest apartment development and management companies in the country by chance. Their performance-driven perspective, and superior market knowledge and customer understanding, has propelled them to a perennial spot on NMHC’s top manager and developer lists. Their innovative spirit is central to their success and helps them see the undeniable impact smart technology will have on multifamily housing.
“We found that when properly implemented, smart home automation can reduce operating costs and add ancillary revenue in a way the industry has never seen.” said Taylor Wiederkehr, Alliance’s Software Implementation Analyst who leads the company’s Innovations team and has played an integral role in the smart technology rollout.
Smart Technology for Multifamily Owners, Managers, and Residents
Alliance observed that smart technology had the unique ability to benefit the three fundamental stakeholders in multifamily: ownership groups, property managers, and renters. This overarching impact ultimately led Alliance’s Innovations team to seriously evaluate how Alliance could harness these benefits for themselves and their customers. Alliance started researching solutions in 2015 but saw a boom in the number of providers, each with a slightly different take on how to deliver value. The noise created a problem. Alliance wanted to standardize on a single platform, but it was becoming increasingly difficult to decide who to partner with.