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Condominium Buyers Increasingly Specifying Domotic Systems To Remotely Control And Monitor Internal Environment For Comfort And Safety

“Smart Home” technology brings state-of-the-art advances to security, entertainment and alarm systems, as well as thermostat, lighting and cooking devices

Bethesda, MD (March 8, 2016) – Condominium buyers - ranging from millennials to empty nesters and retirees - are increasingly specifying the inclusion of domotic systems integrated throughout their living spaces to remotely control and monitor their internal environment for increased comfort and safety. Leveraging “smart home” technology that continues to grow in popularity throughout all residential product types, this new trend touches nearly every section of the interior space including the thermostat, lighting, window shades, cooking devices and security, entertainment and alarm systems.  

“Maintenance-free living is among the primary reason why consumers gravitate towards condominiums, and the demand for user-friendly technology that improves the functionality and comfort of the living space is the next trend we are closely tracking,” explained Larry J. Goodwin, Principal, 1788 Holdings, the local company that is developing The Lauren Residencesin the Bethesda section of Montgomery County. “Sophisticated buyers are aware of the state-of-the-art technology now available, and we have integrated cutting-edge systems into our product in response to this movement.”

Each unit within The Lauren is equipped with a home automation system powered by Control4 that enables residents to control interior temperature settings and lights remotely through mobile devices, as well as home entertainment and theatre systems, window shades, security systems and the door locks. Also included as a part of the system is The Nest Learning Thermostat. This device “learns” the patterns and behaviors of the occupants and adapts to the different seasons recognizing when residents are away and adjusting temperature for maximum energy efficiency.

In addition to being able to easily control the homes temperature, the home automation system comes equipped with a SONOS smart speaker system that provides residents with the ability to seamlessly stream music through multiple devices in the condominium home using state-of-the-art wireless streaming technology. The SONOS amplifier allows residents to wirelessly play their favorite music from their preferred mobile device from anywhere in their residence.   

“Rapidly advancing technology is changing the way residents interact with their living spaces,” stated Michael Snyder of Persimmon Capital Partners. “Our team carefully researched the availability of the latest advances in home connectivity to ensure our residences were able to efficiently control every aspect of their home form one centralized platform.”

“Because many residents are down-sizing to move into The Lauren, every space becomes precious and even the media cabinet that houses the homes audio and visual systems can translate to the loss of living space,” explained Michael Wilson of Bethesda Systems, a local company that is specifying lighting, entertainment and control systems in The Lauren. “This is why we created centralized IT closets in all units that allow all audio, video, and control systems to be located efficiently in one centralized location, removing the need for bulky audio visual equipment to take up space in the main living areas. Condo buyers are becoming more mobile and more sophisticated and development teams need to embrace technology and respond to this shift.”      

1788 Holdings and Persimmon Capital Partners are co-developing The Lauren Residences, a luxury residential project situated at the intersection of Woodmont Avenue and Hampden Lane. The seven-story condominium building, which features twenty-nine units ranging from approximately 1500 square feet to 7300 square feet of space, is expected to be delivered and ready for residential occupancy in spring 2016.

1788 Holdings, LLC is a Bethesda-based real estate investment company with a focus in the Washington, D.C. and suburban Maryland region. The company’s capabilities include the acquisition, development and strategic oversight of commercial office, residential and industrial properties including boutique residential properties. Visit www.1788holdings.com  

Persimmon Capital Partners is a diversified alternative investment company focused on direct, private investments primarily equity, real estate and alternative classes. The company is headquartered in Washington, D.C. and was founded in 2008. Visit www.persimmoncap.com