Parks Associates is making waves in the property tech sector by announcing the much-anticipated return of the Smart Spaces conference, along with the second annual Property Innovation Awards. Set against a backdrop of rapid growth in multifamily housing, these initiatives highlight how technology is reshaping property operations and enhancing resident experiences.
Smart Spaces Conference Returns With Expanded Advisory Board
The fifth annual Smart Spaces: Apartments, Hospitality, and Community Living conference will take place September 15–16 in Plano, Texas. This year, Parks Associates is introducing a new Advisory Board composed of industry leaders from major companies like AvalonBay Communities, RR Living, Amazon, and Cambium Networks. The board will guide discussions on overcoming operational inefficiencies and integrating intelligent technologies for a smoother property management experience.
Parks Associates Research Reveals MDU Market Growth
According to Parks Associates, the number of multifamily dwelling unit (MDU) housing units in the US reached 35 million by the end of 2025. That figure is projected to grow to 35.41 million by the end of 2026. This upward trend is driving demand for new solutions that streamline property management, improve operational efficiency, and meet the expectations of tech-savvy residents.
Property Innovation Awards Spotlight Proptech Excellence
The Property Innovation Awards recognize properties that lead the way in adopting proptech and smart solutions. The awards spotlight measurable improvements in both operational efficiency and resident experience across various property types. Last year’s winners included Resorts World Las Vegas, The Residences at Sawmill Station, and Peachtree Residences. Nominations for the 2026 awards are open until July 15, inviting professionals to showcase their innovative technologies in areas like smart home systems, managed Wi-Fi, energy management, and AI-enabled security.
In summary, the initiatives led by Parks Associates emphasize the critical role technology plays in the evolving property landscape. By bringing together thought leaders and recognizing innovation, the organization helps accelerate the adoption of smarter, more integrated solutions for multifamily and hospitality environments.
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