As multifamily homebuilders progress into the 21st century, they have looked to integrate electronics and technology to simplify and enhance their businesses. The use of programs like Yardi and MRI for both property management and accounting have become the standard. Like Moore’s Law – the observation that the number of transistors in a dense integrated circuit will double approximately every two years – the use of technology in multifamily properties must equal both the pace and demand of present and future tenants.
Lathan, R. (2016). Lennar technology: The connected consumer has arrived in multifamily. Cornell Real Estate Review, 14(1), 56-61 . Retrieved from http://scholarship.sha.cornell.edu/crer/vol14/iss1/13