Report: These trends are radically disrupting multifamily housing

The NMHC partnered with architecture firm KTGY to visualize a future apartment concept based on the trends found through the association’s research. With an increased focus on health, residents will look for meditative and relaxing spaces, like this spa amenity.

Renters’ desire for personalization and less stress, integration of AI and IoT into apartment infrastructure, concentration of 35+ age groups will drive multifamily in next 12 years.

By Lauren Shanesy | MFE

The multifamily industry is on the brink of a design revolution, and it’s disrupt or be disrupted.

“If you look at other industries in real estate, [such as] office, hospitality, retail—and you’re starting to see restaurants—they’ve all been disrupted,” says National Multifamily Housing Council (NMHC) vice president of industry technology initiatives Rick Haughey, in the report. “Why should we think we’re exempt from this disruption? If you’re not thinking about it and talking about it, you’re at risk of being displaced.”

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