The Prime Company Profile:
Headquartered in Manhattan, Kansas
$250M+ portfolio in 11 states across the country
20+ years of real estate development, investment, design, and property management experience
Beds
447
Units
199
Property Valuation Increase
$2.32M
Payback Period
<2 Year
NOI Generation
$53K
Implementation Window
35 Day
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“We considered the full spectrum of multifamily tech providers,
from legacy products offered by established names to more
innovative solutions from newer industry players. Our analysis
was that the smart home tech space is the Wild West. We needed to find an
IoT partner that was highly innovative, while at the same time
in it for the long haul. Whose product delivered a sleek luxury
feel that could be monetized to meet our revenue goals. We
found that partner in Quext.
Their blend of ingenuity, affordability, and long-term mindset
stood out, and provided us the confidence we needed to move
forward with our smart community renovation. The seamless rollout really
validated that decision for us, with everything being delivered
exactly as promised.”
Josh Adrian
VP of Development at The Prime Company
The Smart Housing Challenge
With a growing student housing portfolio, The Prime Company needed a smart housing solution that could deliver lasting value. Their key considerations included:
- Ensuring the technology would remain relevant and beneficial for at least a decade.
- Identifying a solution that provided real, measurable financial value.
- Seamless integration with Entrata Property Management Software.
- A platform that simplified operations without requiring costly infrastructure changes.
The Quext Advantage
Next-Level Efficiency & Seamless Integration
Quext’s proprietary smart hub-embedded thermostat eliminated the need for additional hardware, reducing costs by over 30%.
Best-in-Class ROI & NOI Impact
The solution delivered a $2.32M property valuation increase and generated $53,000 in NOI within the first year.
Automating for Operational Excellence
Bulk device management and automated move-in/move-out processes streamlined property management tasks, eliminating inefficiencies and reducing labor hours.
Smooth Implementation, Instant Results
Quext Smart Community was deployed across 199 units in just 35 days. To ensure a seamless transition, Quext provided:
- On-site staff training and marketing materials.
- Resident communications templates.
- Hands-on assistance on go-live day.
The impact of Quext Smart Community was immediate, with property staff benefiting from:
- Automated thermostat settings for energy efficiency.
- Elimination of lockouts and costly key replacements.
- Simplified resident turnover with instant access updates.
Tangible Gains & Lasting Impact
Quext smart technology exceeded expectations, delivering unmatched financial and operational benefits:
- $2.32M increase in property valuation.
- $53,000 in NOI growth.
- Seamless property management integration, reducing staff workload.
What The Prime Company Says
“Quext Smart Community is the only legitimately smart solution that doesn’t require new wiring or disruptive installation. It met both our financial and operational needs while delivering the sleek, high-end experience our residents expect.”
Michael Spare
Regional Manager at The Prime Company
About Quext
Quext is a premier property technology innovator offering smart solutions that maximize efficiency and profitability for multifamily operators. With industry-leading technology and a commitment to seamless integration, Quext empowers property owners to elevate their operations and resident experience.
