2017 NMHC OPTECH Conference & Exposition Recap


National Multifamily Housing Council
November 3, 2017
2017 NMHC OPTECH Recap
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Peter Diamandis, founder and executive chairman of XPRIZE Foundation, delivers a fascinating keynote on creating a culture of innovation during the 2017 NMHC OPTECH Conference & Exposition. 

The 2017 NMHC OPTECH Conference & Exposition brought together more than 1,700 apartment executives and technology partners last week in Las Vegas.


The meeting featured nearly 150 participating speakers and more than 40 sessions focused on emerging trends and strategies in technology, operations, marketing, sustainability and telecom. Our keynote sessions covered everything from creating a culture of innovation to ways to develop so-called “sticky talent” and improve staff retention. The exhibit hall also was a hive of activity with 115 exhibitors on site, including 12 start-ups, showcasing the latest and greatest products and services. Check out some of the key themes and major takeaways below.


We’d also like to announce for the first time our three NMHC OPTECH Challenge winners. Congratulations to:


Kimberly Nicholson from Greystar Real Estate Partners, who won a $250 AmEx gift card; Angela Kralovec from BlackRock Realty, who received a $500 AmEx gift card; and Carlos Galvez from Rise Real Estate Company who nabbed a $750 AmEx gift card for participating in our app challenge.


NMHC thanks all sponsors, exhibitors, speakers and attendees for their contributions to another successful OPTECH. We look forward to seeing everyone in Orlando next November at the 2018 NMHC OPTECH.


Top Trends
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INVESTMENT
Huge amounts of venture capital are committed to bringing the multifamily industry up to speed with key technology investments.  
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RESEARCH
NMHC/Kingsley Associates announced the results of the 2017 Renter Preferences Report, which featured responses from more than 272,000 renters in 80 markets. Check out this infographic for the highlights—or click here to order the full data package or just select regions or metro areas.
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INNOVATION
Four start-up finalists fast pitched their tech solutions to a panel of leading industry executives during OPTECH. 
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TECHNOLOGY
As new tech solutions enter the market, integrations often remain an obstacle; a new plan for MITS aims to expand industry tech standards to better enable innovation and competition. 
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CUTTING EDGE
How artificial intelligence may upend the multifamily industry—and maybe not in the ways you might think.
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TRENDS
If you’re marketing and servicing your communities the same way you were last year, you’re probably out of date. Catch up with these hot trends. 
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COMMUNITY
NMHC OPTECH Conference & Expo in Pictures
We captured all the best moments of the meeting, from featured speakers and engaging panels to the active exhibit hall and networking events. 
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RESOURCES
Did you miss a session or want to go back and check out a presentation again? Find all the data and PowerPoint slides here.
In Case You Missed It
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The Long Tail of Apartment Demand

When evaluating the demand for amenity packages against investment in those features and services, it’s also important to also keep sight on the strength of overall demand for apartments going forward. We need to be sure we’re building and renovating our communities and amenity spaces so they can be relevant down the line

To that end, NMHC’s Senior Director for Research Caitlin Walter presented some recent apartment demand research conducted by Hoyt Advisory Services and released by NMHC/NAA, highlighting some of the most notable findings. The upshot? The U.S. is going to need 4.6 million new apartments by 2030. What will this mean for your investments and operations?


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Thank You
NMHC thanks all sponsors, exhibitors, speakers and attendees for contributing to another successful OPTECH.
 
Don’t forget to mark your calendars for the 2018 OPTECH Conference & Exposition, being held November 14-16, 2018 at Rosen Shingle Creek, Orlando, FL.