Capital Square Living Leverages SmartRent for In-House Management Transition
11 September 2024 - 12:00AM
Business Wire
Work Management and Answer Automation solutions
streamlined workflow and communication
SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the
leading provider of smart communities solutions and smart
operations solutions for the rental housing industry, today
announced the successful rollout of SmartRent Work Management and
Answer Automation with Capital Square Living, assisting with the
transition of the firm’s owned assets to in-house management.
In 2023, Capital Square Living began ambitiously shifting its
14,000 owned units from third-party to in-house management, at a
rate of 800-1,000 units every 30 days. To improve workflow and
communication throughout its portfolio, Capital Square Living
implemented SmartRent Work Management and Answer Automation at each
property it brought under its management umbrella.
“The ultimate goal was to manage our owned assets, better serve
our investors and do that with a more intimate, hands-on approach
that fits our boutique portfolio,” said Ryan Perez, Executive Vice
President of Capital Square Living. “SmartRent checked all the
boxes and met our criteria, and offered true integration that
allows us to maintain the integrity and accuracy of our data.
SmartRent’s direct PMS integrations provide full and continuous
visibility into the PMS, which is critical during our management
transition.”
A recent case study highlights the collaborative partnership,
smooth roll-out and implementation, and the positive impact on both
operations and resident satisfaction. It also discloses the
associate-driven vetting and selection process and the push from
Capital Square Living maintenance technicians to retain and expand
use of SmartRent technology across the portfolio.
“SmartRent solutions are designed to build efficiency into
property management practices, all while elevating the standard of
resident living,” said Daryl Stemm, Principal Executive
Officer/Chief Financial Officer of SmartRent. “Capital Square
Living’s migration to in-house management presented an opportunity
to systematically select and install optimal solutions that best
meet the needs of its teams and residents. Their teams already
using Work Management and Answer Automation recognized the value of
the solution and were eager to extend it across the company’s
growing portfolio. We are honored to partner with progressive
rental housing leaders that give their associates a voice, seize
opportunities to improve efficiency and subsequently advance the
industry’s evolution.”
For more information about SmartRent Work Management and Answer
Automation, and other smart solutions, please visit
smartrent.com.
About SmartRent
Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading
provider of smart communities solutions and smart operations
solutions to the rental housing industry. SmartRent’s end-to-end
ecosystem powers smarter living and working in rental housing by
automating operations, protecting assets, reducing energy
consumption and more. The company’s differentiators - purpose-built
software and hardware, and end-to-end implementation and support -
create an exceptional experience, with 15 of the top 20 multifamily
operators and millions of users leveraging SMRT solutions daily.
For more information, please visit smartrent.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240910931708/en/
Amanda Chavez - Senior Director, Corporate Communications
media@smartrent.com
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