by Brianna Crandall — January 6, 2020 — Property technology (PropTech) platform provider Motili unveiled a new proprietary PropTech tool for multifamily and commercial property owners and operators just in time for the National Multifamily Housing Council’s 2019 OpTech show.
The new tool, called the Mobile Asset Condition Index (MACI), was developed to provide institutional multifamily and commercial property owners and operators with a clear view of their heating, ventilation and air-conditioning (HVAC) systems.
MACI is designed with data in mind, using information gathered from thousands of HVAC units around the country. Motili says this “revolutionary” technology utilizes data gathered from the company’s asset tagging projects.
When a Motili contractor reviews and rates all HVAC units at a property, they are catalogued, and the data is then pulled into Motili’s technology platform and compiled into a MACI score. With over 2,000 contractors around the US, Motili is able to tag and track HVAC units in all 50 states.
MACI looks at the age, condition, energy efficiency and refrigerant type. A score is assigned to properties based on a combination of variables, which produces the MACI score. This score is then used to identify units that need to be replaced in the near future.
There are several core values that MACI provides for property owners and operators. The primary value is clarity and visibility into the condition of all HVAC systems at a property and/or portfolio level.
For commercial building owners and operators who manage a significant amount of properties, repair and replacement often involves guess work and historical data, which is not always accurate, notes Motili. MACI is designed to provide accurate results about the condition of HVAC systems, allowing property owners and operators to make informed decisions regarding capital replacement project planning.
MACI is also said to have a significant impact on multifamily communities beyond capital replacement. One of the key challenges in multifamily property management is maintaining a high level of resident satisfaction.
Karl Pomeroy, president and GM of Motili, pointed out:
Resident satisfaction is one of the most critical measurements of performance in multifamily properties. MACI allows property owners and operators to accurately predict system failures before they happen, leading to resident satisfaction score increases of 20-30%.”
More information and an interactive demo of the MACI tool is now available on the Motili website.