Cloudastructure Scales Partnership to Four Southeast Multifamily Sites as $10M Jury Awards Surge 52%
Cloudastructure expanded its AI Surveillance and Remote Guarding services from one to four properties with a major Southeast multifamily operator, covering multiple Southern metropolitan markets. The expansion leverages rising liability costs, noting jury awards over $10 million climbed 52% in 2024 to a record $31 billion, driving demand for proactive security.
1. Partnership Expansion Details
Cloudastructure grew its relationship with a nationally recognized multifamily owner-operator in the Southeast, expanding AI Surveillance and proactive Remote Guarding services from a single property to four across key Southern metropolitan areas. This rollout follows initial success in deterring package theft, lease violations and other security breaches on the first site.
2. Liability Landscape Driving Demand
The multifamily operator cited a steep rise in legal exposure, with jury awards exceeding $10 million up 52% year-over-year to $31 billion in 2024. These elevated liabilities have prompted property managers to adopt continuous monitoring and remote intervention to mitigate risk and lower insurance costs.
3. Service Offering and Technology
Cloudastructure’s platform combines AI-powered video analytics with live, trained remote security personnel who can instantly review alerts and dispatch responders. The system integrates real-time threat detection, anomaly identification and automated incident logging to provide comprehensive loss prevention across multiple facilities.