Case Study: Kromer Investments Inc. achieves $200K/year revenue boost and 25% to 40% higher close rates with Brivo Smart Apartment

Kromer Investments adds $200K in yearly revenue with Brivo Smart Apartment

Kromer Investments Inc. wanted to stay competitive with new construction, increase property value, and improve the leasing experience without a full renovation. To meet that challenge they turned to Brivo, deploying Brivo Smart Apartment technology—including a branded mobile app and Brivo Self-Guided Tour—to modernize existing communities and offer contactless touring during the COVID-19 era.

Brivo implemented its smart apartment platform and Self-Guided Tour, giving prospects mobile access to showings and residents a single app to open doors, control in‑unit features, pay rent, and submit work orders. As a result, Kromer established a $50 rent premium per unit (forecasting $200K+ in yearly added property value), increased close rates by 25%–40% across properties, maintained a 96% occupancy average, and improved leasing efficiency and resident retention—outcomes driven by Brivo’s solution.

Kromer Investments Inc.

Damien Romero

Director of Asset Management