Monogram Residential Trust Steps Up Processes to Manage Package-Gate Challenges

Last week, Camden Property Trust leadership mandated an end to accepting packages across its 169-community portfolio, citing more than $3M in lost productivity. Dallas-based Monogram Residential Trust president and CEO Mark Alfieri says that’s not an issue for the tenants in Monogram’s 15,000 units. As online shopping has grown, Mark tells us Monogram has embraced it and added technology to enhance its services while also reducing labor time for employees.

Using Entrata tablet-based technology that utilizes e-signatures, Bluetooth barcode scanners, an automated alert system, and lobby displays with visible alerts on package status for each unit, Monogram’s expense for package management is roughly 10% of Camden’s costs, Mark tells us. Because Monogram offers a luxury product, customer service is crucial, he says. The challenges are largely logistical in existing properties without adequate space. But, because most of Monogram’s properties are new, space has been allotted for a package implementation process with self-service package lockers accessed with an electronic keypad. The tablet-based package management system uses an automated alert system via email, as well as messages in common areas and mail areas. In many cases, residents can see their names up on the board and they can see that they have a package waiting.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Dallas-Fort Worth Newsletters
Related Stories

With Occupancy Brimming, Investors Pile Into Bay Area Apartments

FBI Drops Investigation Into Financially Troubled StoryBuilt

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Dublin BTR Had A €1B Summer

Sales Of Lower-End Apartments Surge In Philly As Landlords Face Financial Issues

Wu Proposes Tax Breaks To Jump-Start Stalled Housing Projects

Machine Investment Group Buys 490-Unit Multifamily Property In North Dallas: The DFW Deal Sheet

Developer Seeks Permit For Denver Energy Center Conversion Project

Airbnb Launches $250M Fund To Invest In Affordable Housing

DFW Multifamily Distress Creates Opening For Investors As Development Slows

Security Tech Firm Plans Loudoun HQ Move: The D.C. Deal Sheet

Prolific South Florida Developer Nick Rojo Dies At 44