Smart Dwelling Vendor Level Introduces Its Latest Multifamily Offering

Level Home, a proptech company that started with home smart locks and then expanded through its acquisition of Dwelo into smart device management for multifamily properties, announced the newest version of tech for multifamily. The system is currently in beta testing in

“For owners of multifamily properties, Level customizes their suite of hardware, software and services to fit each property’s unique needs and spaces,” the company claims. “Plus, each product is designed to cut costs and energy all while elevating and modernizing the property to attract quality renters and optimize rent. For managers, Level Manager’s innovative space and entrance model is designed to remove the complexity of access control.”

User management is handled through a single application, enabling “secure day-to-day enjoyment of property-wide spaces for everyone, without compromising on efficiency and convenience.”

Tenants can control heating and cooling in their unit as well as lights. They can also use the app for access to community spaces.

The company also launched a smart multifamily-specific doorbell. Tenants lets tenants greet and view guests and then allow them in from the company’s app. “It also includes one-way video, two-way audio, package identification intelligence that notifies residents when deliveries arrive, and more,” the company says.

The new system replaces the Dwelo brand name, although the company will maintain “existing customer and partner relationships.”

Access and property control for multifamily has become a big field of competition within the last couple of years. One driving force of the explosion is to provide a set of perceived benefits that might help bring in new tenants and keep existing ones, making use of the flight to quality that doesn’t always work the way many in the industry assume.

Another set of reasons is to sell the idea of greater efficiency in operations and lower costs by better controlling energy use. In theory, that could also help with ESG requirements of investors and regulators.

However, with all the different players, there is bound to be more consolidation as well as some companies that end up going out of business. There has to be efficiency not only in building operations, but in markets. Companies with standalone systems will eventually need to connect to major names in operating software for multifamily. Those vendors might make their systems open to any potential third-party provider or could narrow the field to simplify maintenance and customer support.