LUBBOCK, Texas--(BUSINESS WIRE)--Quext, a smart building and property management platform built by multifamily and apartment industry experts, today announced the official launch of its Quext IoT smart home solution following its successful beta installation at the Clear Fork Trail, Trinity Oaks, Cross Creek Ranch and Copper Crossing apartments in Fort Worth, Texas. Powered by its patented thermostat with integrated smart hub technology, an advanced LPWAN network called LoRaWAN and a cloud-based interface, Quext IoT is a simple, cost-effective and streamlined smart device management platform designed to enhance residents’ quality of life while boosting property value.
“Because it was designed by owners and operators, Quext was the obvious choice to install across our properties, due to its reduced capital and operating costs, and thoughtful design,” said Jeff Lowry, COO, Madera Residential, which operates the properties that have deployed Quext IoT. “After a successful trial run, we quickly realized the value of expanding our deployment, and we look forward to further reaping the benefits that Quext IoT’s easy to maintain, trustworthy and intelligent proptech solution provides.”
Facing cost-prohibitive options to launch smart home solutions on their properties, Quext IoT was the obvious solution for Madera Residential. As the only home automation solution of its kind specifically designed and patented for multifamily environments; benefits of Quext’s IoT solution include:
- Patented network and hardware solution that reduces upfront capital by at least one-third, shrinking the payback window, and creating enormous property value opportunities.
- Reduced consumption costs that allow residents to save on utility bills with energy-efficient practices including mobile app temperature settings or adjustments.
- Increases resident convenience by allowing guest door lock access through a mobile app or on-demand access without the need for an app.
- Placing power in the hands of property operations through IoT technology, empower staff to remotely credential door locks and bulk manage HVAC which saves time and labor costs of maintenance staff and property energy consumption.
Quext IoT is a highly scalable solution that reimagines smart home property tech with a unique new patented hardware and network design. Quext’s mission is to deliver functional, connected living space that provides added value to residents and property owners alike. By being the only smart home offering on the market built and patented specifically for multifamily dwellings versus an adaptation of single-family IoT devices, Quext is finally able to bring a solution that fits the financial return models of properties from luxury to affordable.
“We are proud to work with and support owners, operators, residents and property managers with reliable property technology,” said Dave Gilles, CEO at Quext. “The success of our beta installation was a testament to what is possible with a turnkey, purpose-built solution for commercial apartment and multi-family spaces. With more than 30,000 units on our waitlist for Quext IoT install, we are excited to offer a solution that clearly meets the widespread demand for multifamily IoT solutions, while simultaneously positioning Quext for rapid growth in the coming year.”
Check out Quext’s IoT solution at Booth #2165 during the 2021 National Apartment Association’s Apartmentalize conference, Aug. 31 - Sept. 2 in Chicago.
Quext is a game-changing technology and software company that makes smarter decisions brilliantly simple. Created by industry experts, Quext reimagined apartment technology with products that work seamlessly together delivering the easiest-to-learn, most intuitive, all-in-one, cloud-based apartment community nerve center ever offered. Core platform innovations include internet of things, property management, digital human customer support, high-speed internet, and property websites. Quext is a people-centric firm backed by Madera Residential, an industry leader in multifamily housing investment and property management. Headquartered in Lubbock, TX, the company was recognized as a winner of the Fierce Wireless IoT Challenge 2020. To learn more, visit https://onequext.com/ or follow us on Facebook at https://www.facebook.com/onequext.