Felicite Moorman remembers receiving a call from a multifamily property manager whose building was struggling with its thermostat system. “For one thing, the system wasn’t designed for multifamily; for another thing, the system had very little property management control capability,” she recalls.
The year was 2013, and Moorman was CEO of BuLogics, which specializes in providing wireless solutions for the Internet of Things. Her company had just launched StratIS, a wireless access, energy, and automation control, whose app gives property owners and managers the ability to create setbacks on thermostats and heating systems.
In short order, StratIS has made an imprint on the market. In 2014, it established a partnership with Jonathan Rose Companies, a green real estate policy, development, project management and investment firm, through which StratIS installed its pilot systems. Last year, StratIS struck a partnership with the door hardware manufacturer Schlage, which had introduced its Schlage Control Smart Locks that are designed for multifamily property owners, and whose ENGAGE technology enables lock control from the cloud via mobile applications that are compatible with StratIS’s access platform.
By late November 2015, StratIS had at least one of its products in 72,000 multifamily and hotel units in between 250 and 300 buildings. Moorman tells BD+C that between 14,000 and 20,000 of those units are student housing built by American Campus Communities. StratIS’s products also found their way into student housing developed and managed by Campus Apartments.
StratIS markets its software through distributors, integrators, and installers. “We give them something extra to sell,” says Moorman. She adds that StratIS’s products are relatively easy to install in new builds or renovations, with minimal resident disruption. “We precommission everything, which cuts down on the [complexity] of installation. I also test everything on my seven-year-old, and if she can’t use it, we try to figure out what happened.”
Property managers have the option of allowing renters to download StratIS’s thermostat-control app as part of their lease agreement.
Moorman says the next horizon for StratIS could be key cards, although she concedes there is far greater potential liability using this kind of technology for access into multifamily homes than in hotels. Longer term, Moorman sees opportunities for StratIS developing access- and HVAC-control products for the single-family housing market, which she acknowledges will be more competitive.
Related Stories
Mixed-Use | Aug 30, 2017
Former industrial building becomes 'lifestyle community' in ever-evolving Baltimore
The new community offers 292 apartments with 20,000 sf of retail space.
University Buildings | Aug 25, 2017
‘Chapel of food’ becomes one of Clemson’s go-to spaces on campus
The new dining hall is part of the school’s ongoing efforts to maintain its standing among the country’s top 20 public universities.
Multifamily Housing | Aug 24, 2017
Storage units, lounges most popular indoor and outdoor amenities in multifamily developments
Tenants and condo owners crave extra space for their stuff. Most developers are happy to oblige.
Mixed-Use | Aug 15, 2017
A golf course community converts into an agrihood with 1,150 homes and a working olive grove
The community will cover 300 acres in Palm Springs, Calif.
Multifamily Housing | Aug 14, 2017
Co-living: The next real estate disruptor or niche market?
From a practicality standpoint, co-living makes complete sense for young, single, and highly mobile working professionals.
Multifamily Housing | Aug 9, 2017
Related Companies unveils plans for One Hudson Yards luxury rental residences
The 33-story tower will be positioned on the High Line with views of the Hudson River and downtown Manhattan.
Multifamily Housing | Aug 9, 2017
Multifamily developers, designers cater to occupants’ need for mobility
Bike storage facilities and “bicycle kitchens” are among the most popular mobility amenities in multifamily developments, according to a new survey by Multifamily Design + Construction magazine.
Mixed-Use | Aug 9, 2017
Mixed-use development will act as a gateway to Orange County’s ‘Little Saigon’
The development will include apartments, ground-floor retail, and a five-story hotel.
Mixed-Use | Aug 8, 2017
Dorte Mandrup’s 74,000-sm masterplan will be highlighted by an IKEA and BIG’s ‘Cacti’
The mixed-use development links a new IKEA store, a hotel, and housing with green space.
High-rise Construction | Aug 1, 2017
Construction on the world’s skinniest tower halts due to ballooning costs
The planned 82-story tower has stalled after completing just 20 stories.