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Joseph Nakhla and Tribe Property Technologies “Cross” the Digital Chasm in Residential Community Living.
Manage episode 329660926 series 2867489
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How much of a role does technology have in building a community? For Joseph Nakhla, Founder and CEO at Tribe Property Technologies, not only is technology an essential part of managing a multifamily residential property, but it is also key to addressing the needs of property managers, landlords, and property owners alike.
Kenrick is joined by Joseph to discuss urbanization trends in both Canada and the United States, how "unaffordable housing" is pushing new families to the condo market or multifamily residences, the impact of rising interest rates, how rental rates have returned to pre-pandemic levels, and the complexities involved with condo modernization and residential community living. With the exponential growth of condo developments in North America, there is a dire need for modernization that allows property managers, property owners, and tenants to become more “interconnected” when it comes to communication, services, and oversight.
Kenrick and Joseph explore what Tribe’s technology looks like, their digital partnerships, and how with 8 acquisitions in their history and approximately 40,000 units under management today, why Tribe is at the leading edge of a major digital transformation in the real estate industry.
RESOURCES:
- Canada's large urban centres continue to grow and spread
- Over Two-Thirds of the Nation’s Counties Had Natural Decrease in 2021
- National Price Map
- The average cost to rent a condo in Toronto in 2022 revealed
- COMMUNITIES SLOW TO MODERNIZE
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