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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

Buying a home? Sellers may use cameras, microphones to spy on house hunters

About 9.4 million U.S. homes, or 7.4% of the total, are equipped with Wi-Fi enabled cameras and mics, says Brad Russell, research director for Parks Associates, a consumer technology research firm. As...

As cord-cutting prices rise, here's what you can do to keep costs down

“Costs for content producers and networks continue to rise faster than the general inflation rate,” said Brett Sappington, senior director of research, Parks Associates, in an e-mail interview. “As lo...

PowerHouse Alliance Distributor Members Invite Dealers to Automation, Security, AV Training and Events this November

According to Parks Associates, consumers are struggling with rising technical issues brought on by DIY smart home devices. This struggle opens up opportunities for the professionally installed smart h...

Homes Now Have 10+ Connected Devices: Parks Associates

"Interoperability continues to be a leading challenge for the smart home industry," said Chris O'Dell, Parks research associate. "Nearly 75 percent of consumers who intend to purchase a smart home dev...

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