Industry leader recognized for transforming multifamily living with smart home solutions

SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, is thrilled to announce its recognition as a 2024 Multi-Housing News Excellence Award Winner in the “Best Technology” category. This accolade highlights SmartRent's commitment to transforming multifamily housing through advanced and scalable technology solutions, marking the company’s second win in this category following its first recognition in 2020.

The Multi-Housing News (MHN) Excellence Awards celebrate the most outstanding achievements in the multifamily housing industry, recognizing notable companies, projects and professionals across several categories. Now in its 18th year, this prestigious program honors innovation, leadership and excellence in areas such as design, operations, marketing and technology. An independent panel of judges with deep expertise in the multifamily sector selects winners.

“We are honored to be recognized once again by Multi-Housing News for our contributions to the industry,” said Daryl Stemm, Chief Financial Officer and interim Principal Executive Officer at SmartRent. “This achievement is a testament to the efficacy of our design teams and reflects the trust our customers place in us and our commitment to listening to their needs. We remain dedicated to developing solutions that simplify operations for owners and site teams and enhance the lives of residents, all while advancing sustainability and innovation in multifamily living.”

SmartRent’s Award-Winning Platform: Transforming Multifamily Living

SmartRent’s platform is designed to help property managers operate more efficiently while addressing the evolving needs of today’s tech-savvy residents. By integrating cutting-edge technology such as automated maintenance workflows, smart access controls, energy-saving solutions and sophisticated leak detection, SmartRent optimizes property management efficiency and enhances the resident experience. The platform offers a comprehensive suite of features tailored to modern multifamily housing, including:

• Asset protection – Advanced leak and humidity detection technology integrated with smart operations solutions saves property owners from costly water damage.
• Scalability – The platform is adaptable, allowing properties of all sizes to implement smart technology solutions that meet their unique needs.
• Energy efficiency – Smart thermostats and lighting optimize energy use, reducing costs and environmental impact.
• Consolidated control – Residents manage all smart devices through a single app, improving comfort and convenience.
• Peace of mind – Smart locks and video systems enhance visibility and deliver peace of mind, with remote monitoring and access.

SmartRent's Smart Operations Solutions power more than 1.3 million rental homes, and 771,000 homes benefit from its Smart Communities Solutions. Additionally, the Company’s technology has connected over 2.9 million devices, streamlining operations and enhancing the overall user experience.

“As we celebrate this achievement,” said Stemm, “we remain focused on the future - exploring new ways to enable our customers and address the industry’s most pressing challenges with purpose-driven technology.”

To learn more about SmartRent, visit smartrent.com.

About SmartRent

Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart communities solutions and smart operations solutions to the rental housing industry. SmartRent’s end-to-end enterprise ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption, enhancing the resident experience and more. The Company’s differentiators - purpose-built software and hardware, and end-to-end implementation and support - create an exceptional experience, with 15 of the top 20 multifamily operators and millions of users leveraging SMRT solutions daily. For more information, please visit smartrent.com.

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