National Property Management Firm Enhances Security with Cloudastructure

Rhea-AI Summary

Cloudastructure (Nasdaq: CSAI) has secured a contract with a major national multifamily property management company to implement its AI Surveillance and Remote Guarding system across four Florida properties. The solution addresses specific challenges including trespassing, unauthorized pool usage, and illegal dumping.

The AI-driven platform, featuring real-time threat detection and live voice interventions, has demonstrated a 97% crime deterrence rate based on internal data from 2023. The implementation comes as Florida introduces new tort reform laws, with the solution aimed at enhancing security and reducing liability.

According to a National Apartment Association study cited in the release, less than 13% of U.S. residents live in communities with monitored surveillance cameras, though those who do report significantly higher feelings of safety. The deployment represents a strategic move to improve operational efficiency and resident security in the multifamily housing sector.

Positive

• Secured new contract with major national property management company
• 97% crime deterrence rate demonstrates product effectiveness
• Strategic expansion in Florida market amid new tort reform laws
• Solution addresses specific security challenges in multifamily sector

Negative

• None.

Insights

Technology Analyst

Cloudastructure's multifamily property deal highlights the convergence of AI and physical security in real estate management. The deployment addresses specific security challenges (trespassing, unauthorized pool usage, illegal dumping) that plague multifamily properties and typically require costly human intervention.

The technology differentiation here is significant - their platform combines AI surveillance with human remote guarding and voice intervention, creating a hybrid approach that likely delivers better results than pure AI or traditional security personnel alone. The cited 97% crime deterrence rate (their internal metric) suggests meaningful efficacy, though independent verification would strengthen this claim.

This implementation at four Florida properties represents a smart entry strategy into a client with likely broader deployment potential. The multifamily sector presents substantial growth runway with only 13% of residents reporting monitored surveillance, according to the cited NAA study. Florida's new tort reform laws create additional incentives for property managers to improve security monitoring to mitigate liability exposure.

For a technology provider with Cloudastructure's profile, securing nationally-recognized clients serves as crucial market validation and creates reference customers that can accelerate sales cycles. The real value proposition appears to be the combination of enhanced security with operational efficiency gains for property staff, allowing resources to focus elsewhere while AI handles continuous monitoring.

Financial Analyst

This client acquisition, while modest in initial deployment scope (four properties), carries strategic significance for Cloudastructure. For a company with a $68.7 million market cap, securing a nationally-recognized property management firm represents a potentially scalable growth opportunity if the initial implementation proves successful.

The recurring revenue potential of Cloudastructure's AI surveillance solution is particularly attractive. While financial terms weren't disclosed, the business model likely combines upfront hardware/installation fees with ongoing subscription revenue for remote guarding services. This deployment strategy - starting with a property subset before potential expansion - is financially prudent for both parties.

The multifamily housing vertical represents a compelling target market with defined security pain points and measurable ROI through reduced incidents, liability mitigation, and staff efficiency. Florida's tort reform context adds regulatory tailwinds that could accelerate adoption within this region specifically.

Looking at market dynamics, the 13% penetration rate cited from the National Apartment Association study suggests substantial whitespace opportunity. Property management firms typically manage hundreds or thousands of properties, meaning this initial four-property deployment could expand significantly if successful.

For investors, this announcement validates Cloudastructure's go-to-market strategy and demonstrates traction with enterprise-level clients. While not transformative to near-term financials, it establishes a foothold in a key vertical with substantial expansion potential, which is precisely the type of milestone small-cap growth companies need to demonstrate.

Firm Deploys Cloud Video Surveillance Across Four Initial Florida Properties

PALO ALTO, CA, April 08, 2025 (GLOBE NEWSWIRE) -- Cloudastructure, Inc. (Nasdaq: CSAI) (“Cloudastructure,” “we,” “us,” “our” or the “Company”) announced today that a nationally recognized multifamily property management company has significantly advanced apartment security and operational efficiency by deploying Cloudastructure’s AI Surveillance and Remote Guarding at four of its Florida properties. We believe this strategic investment highlights the increasing demand for cutting-edge security solutions in the multifamily housing sector.

The property management company cited persistent challenges such as:

• Trespassing
• Unauthorized pool usage after hours
• Illegal dumping

The firm sought a proactive approach to reduce risk, safeguard residents, and drive operational efficiencies. Following a thorough evaluation of available technologies, Cloudastructure’s AI-driven platform was chosen for its industry-leading capabilities in real-time threat detection and live voice down interventions conducted by its dedicated team of in-house remote guards. 

Cloudastructure’s AI Surveillance and Remote Guarding solution utilizes advanced machine learning to continuously monitor and analyze activity across properties, reducing the burden on onsite staff while significantly improving response times to potential security incidents. With a 97% crime deterrence rate (based on internal data from 2023 to date), the platform has already demonstrated its effectiveness in enhancing property security and reducing liability.

"As investors increasingly emphasize risk management and operational efficiency, AI-driven security solutions are rapidly becoming essential in the multifamily space," said Lauren OBrien, Chief Revenue Officer at Cloudastructure. "Residents are also demanding this elevated level of protection. A recent study by the National Apartment Association found that less than 13% of U.S. residents participating in the survey live in a community with monitored surveillance cameras, yet those that do report feeling significantly safer and more secure. We are excited to partner with forward-thinking property management companies to deliver scalable, proactive security that safeguards both assets and the people that live there."

The move comes amid increased scrutiny on liability and security in Florida’s multifamily sector, driven in part by the state’s new tort reform laws. By implementing Cloudastructure’s AI Surveillance and Remote Guarding, the firm not only enhances resident safety but also positions itself as a leader in leveraging advanced technology to protect both property and investor interests. As more property management firms recognize the advantages of AI-powered security, Cloudastructure continues to expand its footprint in the multifamily industry, delivering unmatched protection, risk mitigation, and cost savings.

For more information about Cloudastructure’s AI Surveillance and Remote Guarding solutions, visit https://www.cloudastructure.com/.

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. Factors that could cause or contribute to such differences include the risks and uncertainties discussed in the reports that the Company has filed with the SEC, such as its Annual Report on Form 10-K. 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 (CSAI) AI surveillance system?

Based on internal data from 2023 to date, Cloudastructure's AI Surveillance system has achieved a 97% crime deterrence rate.

How many Florida properties are implementing Cloudastructure's (CSAI) security system in this deployment?

The property management company is deploying Cloudastructure's AI Surveillance and Remote Guarding across four initial Florida properties.

What specific security challenges does Cloudastructure (CSAI) address for the property management company?

The system addresses trespassing, unauthorized pool usage after hours, and illegal dumping at the properties.

What percentage of U.S. residents currently have access to monitored surveillance cameras in their communities?

According to the National Apartment Association study, less than 13% of U.S. residents live in communities with monitored surveillance cameras.