AI in Multifamily

The right proptech partnerships elevate property NOI, but not all solutions deliver the same level of value. This blog shares five proven tips for selecting technology partners that increase revenue, improve operational efficiency, and enhance the resident experience without disrupting daily operations.

Daniel Management Group (DMG), a leading Chicago-based property management company with a dedication to exceptional customer service and resident experiences, sought to ensure residents maintained renters insurance from the start of their lease and throughout their residency. The goal was to streamline the process in a way that supported a smooth move-in experience, protected property operations, and reduced risk.

Multifamily property owners can boost NOI in 2025 without major capital investments by automating operations, enhancing resident retention, and introducing ancillary income streams. Small, strategic changes like rent reporting and compliance automation can drive efficiency, reduce costs, and increase revenue.

Foxen's VP of Product, Squire Aschinger, talks about the advantages of COI automation for multifamily property owners and operators.

Tenant Legal Liability (TLL) waivers protect property owners and residents from costs due to resident-caused damage while simplifying insurance compliance. Providers like Foxen automate enrollment and tracking, reducing admin work and risk.