About: The National Multifamily Housing Council (NMHC) OPTECH Conference
The National Multifamily Housing Council (NMHC) OPTECH Conference is one of the most influential and anticipated events in the multifamily industry, particularly in the realms of property technology, innovation, and operations. Over the years, it has grown into a cornerstone of the industry, bringing together top executives, property managers, technologists, and thought leaders to explore the latest trends, strategies, and solutions that shape the future of multifamily housing.
The History of NMHC OPTECH
The National Multifamily Housing Council itself has a long history of advocating for the multifamily sector, dating back to its founding in 1978. Over the decades, NMHC has worked to represent the interests of multifamily housing professionals, creating platforms for collaboration, discussion, and innovation. As technology began to play a larger role in the industry in the late 1990s and early 2000s, the need for a specialized conference that addressed the intersection of operations and technology became clear.
This led to the birth of the NMHC OPTECH Conference, a dedicated event focused on operational technology (or “proptech”) and innovation in multifamily housing. From its early days, OPTECH was designed to be more than just another trade show—it was intended to initiate meaningful discussions and present cutting-edge solutions that directly impact the way properties are managed, maintained, and marketed.
The Evolution of OPTECH
As technology has rapidly advanced over the last two decades, so too has the OPTECH Conference. What started as a relatively small gathering (I believe my first conference was in Atlanta around 2007 and there may have been a total of maybe 500 people there) has now evolved into a major industry event attended by thousands of professionals. It has become the go-to venue for unveiling the latest in property management software, smart home technology, AI-driven solutions, utility expense management and sustainability initiatives, and customer experience innovations.
The event is particularly known for its forward-thinking approach. Every year, OPTECH hosts panels, keynote sessions, and workshops led by industry experts and tech innovators. These sessions cover a wide array of topics, from the practicalities of integrating new technologies to discussions on broader industry challenges like affordable housing, sustainability, and data security.
The Importance of OPTECH in Multifamily
For multifamily operators, staying ahead of technological advancements is crucial to remaining competitive in an increasingly digital world. OPTECH serves as a hub for education, networking, and inspiration, offering multifamily leaders a chance to gain insights on how to improve efficiencies, enhance resident experiences, and ultimately drive profitability.
Here are a few key reasons why OPTECH is such a vital event for the multifamily sector:
1. Technological Innovation: The pace of technological change is faster than ever, and multifamily housing is no exception. Property managers and operators who attend OPTECH are exposed to the latest tools and trends that can give them a competitive edge—whether it’s through improved resident communication platforms, smart building technologies, or data analytics tools that optimize operations.
2. Networking and Collaboration: OPTECH is a powerful networking event. It provides an opportunity for professionals across the multifamily ecosystem to come together, share best practices, and form partnerships. Many innovations in the multifamily space are driven by collaboration, and OPTECH fosters an environment where those partnerships can form.
3. Education and Thought Leadership: Attendees of OPTECH gain access to some of the most respected voices in the industry. Thought leaders and experts share insights into what’s happening now and what’s next for multifamily operations and technology. The knowledge shared at OPTECH is invaluable for those who want to stay ahead of trends, adopt best practices, and plan for the future of their business.
4. Solutions to Real-World Problems: OPTECH doesn’t just focus on what’s possible with new technology—it also addresses the real-world challenges faced by multifamily operators. Whether it’s dealing with cybersecurity threats, managing the impact of shifting demographics, or navigating economic changes, the solutions discussed at OPTECH have a direct impact on day-to-day operations.
Looking Ahead
The importance of OPTECH continues to grow as technology plays an increasingly vital role in multifamily housing. From digital leasing to smart maintenance, and automation to AI-driven resident engagement, the future of the industry is being shaped by the innovations shared and discussed at this conference. As the multifamily industry evolves, so too will OPTECH, ensuring that industry professionals remain at the cutting edge of operations and technology.
In short, NMHC OPTECH is not just an event—it’s an annual milestone for the multifamily sector. It provides industry leaders with the tools, insights, and connections they need to navigate the future with confidence. For anyone involved in the multifamily space, OPTECH is a must-attend event that delivers lasting value year after year
We look forward to seeing you so please make sure to come by and see BANYAN Utility!
About BANYAN
BANYAN founded in 2007, is a leader in utility expense management and resident billing services. We are dedicated to providing a sustainable and cost-effective environment through awareness and conservation to help you increase your NOI and achieve your green energy initiatives. Our focus is providing customized utility solutions for our clients and their portfolio of communities in the US and Canada. Our innovative solutions include property management software integration, resident payment processing, in-house collections department, utility expense management, vacant cost recovery, regulatory support and submeter consulting. BANYAN has been on the Inc. 5000 list of fastest growing companies six times, including 2019.