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Parks Associates Unveils 2025 Property Innovation Award Nominees

July 17, 2025

Investors Hangout

2025 Property Innovation Awards

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

Broadband Growth Slowing After COVID-19-Driven Surge: Parks

After “massive growth" in adoption of residential internet during the COVID-19 pandemic, U.S. broadband growth slowed in 2022 as the “low-hanging fruit has already been picked,” said Parks Associates...

Fitbit Buys Smartwatch Pioneer Pebble Amid Wearables Shakeup

The smartwatch market has also slumped. Apple Watch sales are down this year, and Lenovo’s Motorola brand has dropped out of the market. Most people simply aren’t finding reasons to buy them: Smartwat...

Why Open Wins Over Proprietary In The Smart Home

There are many glowing predictions regarding the smart home, and the wider IoT industry, but a Gartner report predicted only last year that 21 billion IoT endpoints will be in use by 2020, which will...

12% of Canadian broadband households have smart home device

Approximately 12 percent of broadband households in Canada have a smart home device such as a smart thermostat, smart door look, or video doorbell, compared to 26 percent in the US, according to data...

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