Parks Associates Announces the 2025 Property Innovation Awards Nominations

Third annual Smart Spaces spotlights standout innovations in multifamily proptech and highlights $8.5 billion market for smart home and security solutions

DALLAS, July 17, 2025 /PRNewswire/ -- International research firm Parks Associates today announced the current nominees for the 2025 Property Innovation Awards, which recognizes properties and teams leading in proptech innovation. Winners will be awarded at Smart Spaces, September 16-17 at the HALL Arts Hotel in Dallas, Texas.

Parks Associates has extended the deadline to submit to the 2025 Property Innovation Awards to July 25, 2025. Winners will be notified on August 6.

The third annual Smart Spaces: Apartments, Hospitality, and Community Living is sponsored by ADT Multifamily, Cox Communities, Nice, Vantiva, SmartRent, Kwikset, ROCiQ, SkyBell, Rently, Calix, Cambium Networks, Eleven Software, Groove Technology Solutions, Johnson Controls, Nomadix, Dormakaba, and Zentra Access.

Smart Spaces provides a platform for industry professionals to engage in discussions, hear trending industry and consumer data, network, and collaborate with peers. Throughout the conference, Parks Associates will present new research on how technology is reshaping real estate investment, asset management, and the tenant experience.

"Smart home and smart security packages represent an approximately $8.5 billion market opportunity in the multifamily market alone," said Mindi Sue Sternblitz-Rubenstein, Vice President of Marketing, Parks Associates. "Parks Associates estimates the US smart MDU market had 35.4 million apartment and condo residential units at of the end of 2024."

Current nominees for the 2025 Property Innovation Awards:

• 555 Ross Avenue
• Abberly Market Point
• Aimco
• The Albright
• Alto Highland Park
• The Ashford
• AvalonBay Communities
• AV Union
• The Bowen
• BRT Apartments Corp
• Cortland
• Cold Spring Apartments
• Elme Communities
• Glenn Scripps Ranch
• Greystar
• The Kendrick
• Lincoln Property Company
• The Lindley
• The Met
• Mid-America Apartment Communities
• Modera San Diego (Mesa Village)
• Modera Trailhead
• The Nash
• The Peachtree Residences
• Presidium Tech Ridge
• Regius Square
• The Rey
• Sol
• Stony Creek
• Studios 435
• UDR
• Villas on 24th

Industry executives and insiders can nominate a standout property or organization that has deployed proptech to improve operations, enhance resident or guest experience, drive sustainability, or deliver meaningful ROI. The deadline to nominate an innovative property has been extended to July 25.

Registration for Smart Spaces is open. To schedule an interview with an analyst or to request specific data, please contact Mindi Sue Sternblitz-Rubenstein, [email protected], 972-490-1113.

About Smart Spaces
Smart Spaces, hosted by international research firm Parks Associates, brings together property owners, building managers, and technology leaders to discuss the innovations in the multidwelling and hospitality environments. Building on a high-performing broadband backbone, MDU property managers can leverage connected devices and smart platforms that integrate connected solutions to streamline property management tasks and lower operating costs, attract and retain residents, and increase rental revenues.

The event features consumer research, informative sessions, and networking opportunities for building executives, service providers, and hardware, middleware, and software providers enabling the next generation of solutions for the consumer, MDU, and public spaces.

Follow Parks Associates on LinkedIn, Facebook, and Instagram.

Media Contact:
Mindi Sue Sternblitz-Rubenstein
Parks Associates
972.490.1113
[email protected]

SOURCE Parks Associates