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Parks Associates Unveils 2025 Property Innovation Award Nominees

In an exciting reveal, Parks Associates has announced the nominees for the third annual Property Innovation Awards. This prestigious event recognizes the forefront of innovation in multifamily proptech, spotlighting companies and their unique contributions to smart living solutions.

Parks Associates has extended the deadline for submissions to these awards, emphasizing the need for continued innovation in the industry.

Smart Spaces, an initiative by Parks Associates, aims to facilitate discussions among property owners, building managers, and technology providers.

According to Mindi Sue Sternblitz-Rubenstein, Vice President of Marketing at Parks Associates, there exists a significant opportunity within the multifamily market for smart home and security solutions. In their latest estimates, Parks Associates reports that the smart multifamily dwelling (MDU) market includes over 35 million residential units in the United States, emphasizing the vast potential for growth.

From the article, "Parks Associates Unveils 2025 Property Innovation Award Nominees" by Logan Wright

Previously In The News

State of the Market: Security’s ‘Sixth Sense’ Drives Intrusion & Smart Home

Parks Associates forecasts steady growth for the U.S. smart home device market, which will reach $15 billion in sales revenue by 2029. According to a whitepaper released by Parks Associates and Viv...

Why Builders Should Recommend Matter-Enabled Smart Home Devices

A Parks Associates study revealed that 37% of U.S. internet households shopping for smart home products consider Matter certification to be important. From the article, "Why Builders Should Recomme...

Fox to acquire Roku for $22B

In April, Parks Associates’ Streaming Video Tracker report found that the Roku OS led with 28% of the market. It was followed by the Samsung Tizen OS at 23%. The leaders were followed by Apple tvOS, g...

Best Access Control Installers in Dallas–Fort Worth (2026 Guide)

According to a 2024 Parks Associates survey of 300 multifamily property owners and managers, 62% of properties planning to deploy, upgrade, or replace access control systems said they were doing so to...

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