Cloudastructure Expands AI Security Partnership with Leading Real Estate Investment Firm Across Multifamily Communities

Rhea-AI Summary

Cloudastructure (Nasdaq: CSAI) has expanded its partnership with a major real estate investment firm to implement AI-driven security solutions across seven multifamily communities. The expansion follows successful deployments in Atlanta properties and comes as a response to security incidents including trespassing and vehicle break-ins.

The solution features cloud-based AI analytics, remote guarding software, and 24/7 live monitoring, achieving crime deterrence rates over 97% according to internal data from 2023. A September 2024 National Apartment Association survey revealed that while only 13% of multifamily residents live in communities with monitored cameras, 70% believe these systems prevent crime, and residents are 17% more likely to recommend monitored communities.

Positive

• Expansion of existing partnership to 7 new multifamily communities
• 97% crime deterrence rate based on internal data
• Proven success in Atlanta properties leading to further expansion
• Solution reduces liability risks while enhancing asset protection

Negative

• None.

Insights

Tech Industry Analyst

This partnership expansion demonstrates Cloudastructure's ability to convert initial deployments into broader implementations - a critical validation of their AI security technology's effectiveness. The company is gaining traction in the competitive multifamily security vertical with a comprehensive solution combining cloud-based AI analytics, remote guarding software, and 24/7 monitoring services.

For a company with Cloudastructure's $88.7M market capitalization, securing expanded business with major real estate investors managing billions in assets establishes valuable enterprise credibility and creates reference customers for future sales. The 97% crime deterrence rate (though based on internal data) represents a compelling value proposition for property managers facing persistent security challenges.

The strategic positioning of security as a value driver rather than merely a cost center demonstrates Cloudastructure's market sophistication. Their platform addresses the fundamental shift in physical security from reactive monitoring to proactive prevention - a transition that carries significant operational and financial advantages for property owners.

The NAA survey findings reinforce the business case: residents in communities with monitored security systems are 17% more likely to recommend their properties, directly impacting tenant acquisition costs and retention metrics. This expansion signals Cloudastructure's growing foothold in transforming multifamily security operations through AI-driven solutions.

Commercial Real Estate Specialist

This expanded partnership addresses a persistent challenge in multifamily asset management where security incidents directly impact both operational costs and resident satisfaction. The implementation across seven communities with additional rollouts planned indicates a measured, ROI-focused deployment strategy that allows the real estate firm to validate results before full portfolio implementation.

The economic value proposition is compelling. Traditional security approaches (on-site guards, basic surveillance) represent significant expense line items with minimal return beyond basic deterrence. By implementing AI-driven security with 97% deterrence rates, property owners can simultaneously reduce security incidents, lower insurance premiums, decrease property damage expenses, and potentially command premium rents.

The NAA survey data provides quantifiable evidence of resident perception: while only 13% currently live in communities with monitored systems, 70% believe these systems prevent crime. This sentiment gap represents market opportunity for early adopters of advanced security technology like this client.

From an investment perspective, this technology transforms security from a pure expense into a strategic amenity that enhances asset value through multiple channels: reduced operating costs, improved resident retention, and potential rent premiums. For institutional real estate investors managing thousands of units, even marginal improvements in these metrics across a portfolio translate to meaningful NOI enhancement and asset value appreciation.

AI-Powered Security Transforms Multifamily Risk Management, Enhancing Asset Protection and Resident Retention

PALO ALTO, CA, April 03, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“Cloudastructure” or the “Company”) today announced it has partnered with one of the nation’s leading real estate investment firms—managing billions in commercial and residential assets—to expand the firm’s commitment to AI-driven security. This initiative marks an expansion of an existing relationship between the two companies, building upon prior successful deployments to now include Cloudastructure’s advanced surveillance and remote guarding solutions across seven multifamily communities, with additional rollouts planned in the near future.

Managing thousands of residential units across the country, the firm remains committed to safeguarding its assets while elevating the resident experience. After a series of security incidents—including trespassing and vehicle break-ins—the firm began searching for a proactive, scalable solution that could not only deter crime in real time but also enhance operational efficiency.

Cloudastructure’s AI-driven platform delivers:

• Cloud-based advanced AI analytics
• Seamless remote guarding software
• 24/7 live monitoring

With crime deterrence rates exceeding 97% (based on internal data from 2023 to date), Cloudastructure’s technology provides a cost-effective alternative to traditional security models, enhancing asset protection while reducing liability risks.

“The platform has already proven its value at several of the firm’s Atlanta properties,” a company manager stated, “Our experience at our Atlanta assets has been overwhelmingly positive, and we look forward to continued expansion of the platform into other markets.”

This latest contract represents a significant milestone in the firm’s ongoing investment in next-generation security solutions, transforming security from a traditional cost center into a strategic value driver. A September 2024 survey by the National Apartment Association underscores the impact of this approach: while only 13% of multifamily residents participating in the survey currently live in a community with monitored cameras, 70% of those residents believe these systems actively prevent crime. Furthermore, they were 17% more likely to recommend a monitored community to a friend.

“This partnership reflects a forward-thinking approach to risk management and asset optimization, both for property owners and their investors,” said James McCormick, CEO of Cloudastructure. “As the multifamily sector continues to evolve, AI-powered security is no longer a luxury—it is a strategic investment that drives operational efficiency, enhances resident satisfaction, and ultimately contributes to long-term portfolio value. We are happy to be expanding our successful relationship with this valued client and look forward to supporting their vision and helping them scale that success across new markets.”

ABOUT CLOUDASTRUCTURE

Headquartered in Palo Alto, California, Cloudastructure’s advanced award-winning security platform utilizes a scalable cloud-based architecture that features cloud video surveillance with proprietary, state-of-the-art AI/ML analytics, and a seamless remote guarding solution. The combination enables enterprise businesses to achieve proactive, end-to-end security, and pairs that platform with an attractive value proposition that eschews proprietary hardware and offers contract-free, month-to-month pricing and unlimited 24/7 support. With Cloudastructure, companies can achieve unparalleled situational awareness in real time and thereby stop crime as it is happening, while simultaneously achieving up to a 75% lower Total Cost of Ownership than other systems. For more information, visit https://www.cloudastructure.com/.

Forward-Looking Statements

Certain statements in this press release may be considered forward-looking, such as statements containing estimates, projections, and other forward-looking information. Forward-looking statements are typically identified by words and phrases such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will,” “would,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target” or the negative of such words and other comparable terminology. However, the absence of these words does not mean that a statement is not forward-looking. Any forward-looking statements expressing an expectation or belief as to future events is expressed in good faith and believed to be reasonable at the time such forward-looking statement is made. However, these statements are not guarantees of future events and involve risks, uncertainties, and other factors beyond our control. Therefore, we caution you against relying on any of these forward-looking statements. Actual outcomes and results may differ materially from what is expressed in any forward-looking statement. Except as required by applicable law, including U.S. federal securities laws, we do not intend to update any of the forward-looking statements to conform them to actual results or revised expectations.

Media Contact:
Kathleen Hannon
Sr. Communications Director
Cloudastructure, Inc.
Kathleen@cloudastructure.com.
(704) 574-3732

Investor Contacts:
Crescendo Communications, LLC
212-671-1020
CSAI@crescendo-ir.com

FAQ

What is the crime deterrence rate of Cloudastructure's AI security system (CSAI)?

According to internal data from 2023 to date, Cloudastructure's AI security system achieves crime deterrence rates exceeding 97%.

How many multifamily communities will implement Cloudastructure's (CSAI) security solution in this expansion?

The expansion includes seven multifamily communities, with additional rollouts planned for the future.

What features are included in Cloudastructure's (CSAI) AI security platform?

The platform includes cloud-based AI analytics, seamless remote guarding software, and 24/7 live monitoring.

What percentage of residents believe monitored camera systems prevent crime according to the September 2024 survey?

70% of multifamily residents believe monitored camera systems actively prevent crime, according to the National Apartment Association survey.

How much more likely are residents to recommend a community with Cloudastructure's (CSAI) monitored security?

Residents are 17% more likely to recommend a community with monitored security systems to friends.