“On the resident front, we've identified smart home features as a desire among many of our residents and are exploring the myriad ways in which we can bring that level of ease and automation to life at our communities,” DeFrancis says. “Most recently, we completed the installation of 12,000 Nest Learning Thermostats across our portfolio, we are in the process of testing out concepts like package delivery auto-notifications with our package storage amenities.”

Cortland is also deeply engaged in the world of Building Information Modeling, virtual renderings, and augmented reality scenarios to provide both its future and current residents a preview of the improvements they can look forward to during our renovation process. That is a forward-thinking move in the industry.

“When it comes to investment management, we're really gearing up to support our future growth and stay ahead of the trends,” DeFrancis says. “A few tech advancements we're deploying include geospatial analytic web applications for strategic investment planning, an extensive, highly scalable ecosystem of investment modelling tools, and the development of bots to aggregate targeted geographic and economic information not readily available on the market.”