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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

12 Home Security System Myths That Make You Worry (But Aren’t True)

A Parks Associates survey revealed that 70% of users describe their systems as “easy to manage.” Experts stress usability is now a design priority, making home security accessible to all. According...

Google Home web app adds unified device controls

Average homes are adopting across brands, the research firm Parks Associates reported, with more than two in five U.S. internet households owning a smart home product from at least one brand. From...

The Best Smart Home Tech from IFA Berlin

The Connectivity Standards Alliance said it’s seeing “consistent growth” from Matter certifications, and vendors here increasingly positioned Thread radios and multi-admin support as table stakes, rat...

The Radical Changes That Are Making Your Smart Home Less Dumb

Most homes are “smart”: Consumer-tech tracking firm Parks Associates reports just over half of internet-connected U.S. households own at least one smart speaker. From the article, "The Radical...

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