Gen Y's New Leasing Rules

Millennials don’t just prefer on-demand service—they expect it. Enter Campus Apartments, which asks if students can order grub with their iPad, why not sign a lease with it? (Make it a game... call it Flappy Leases.) This new technology is also set to make property managers' lives a little easier.

Campus Apartments just finished rolling out Smart.Lease across all of its 62 properties nationwide. You can complete the application process online in five minutes. (Use the rest of the time to figure out how to watch the Olympics on your iPad.) CIO Andrew Marshall tells us Smart.Lease is even customized by property so students can use criteria like move-in date and exact floor plans to pick their desired abode. The platform also gives property managers more efficiency by removing the overhead costs from repetitive clerical work, he says.

Last week, Campus Apartments (its West Philly HQ above) did away with even more paperwork in announcing its partnership with RoomSync to allow residents to pick their roommates using Facebook. Residents will be able to browse potential roommates based on interests, mutual friends, academic majors, and more. (Because electrical engineers gotta stick together. And not just when electromagnets are forcing them to.) Andrew says his team is never short on ideas for automating services and is mulling other areas to geek out on, including accepting emerging payment methods.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's National Newsletters
Related Stories

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

TPG, ACORE Raise Billions For Opportunistic CRE Funds

Newmark Cuts Earnings Outlook Despite Record Third Quarter

Battered Mortgage REIT Suspends Dividend To Preserve Cash

From Pandemic Darling To Cautionary Tale: Pickleball Clubs Face A Reckoning After Betting Big On Retail Space

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Blackstone Mortgage Trust Reports Unexpected Q3 Net Loss

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Office Recovery Moving Faster Than Expected, CoStar Finds

How Microsoft, Coca-Cola And Amazon Are Adapting Their Offices For AI Age

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague