In multifamily real estate, inefficiency is often invisible until it shows up on income statements. Water loss from undetected leaks, faulty fixtures, and deferred maintenance is a persistent drain on operating budgets and resident trust. At K3 Holdings, we view this challenge as an opportunity to lead with precision and accountability, as we work to help build the future of property management.
That’s why our management company, Alpine LA Properties, has integrated DrizzleX, a real-time water submetering and monitoring platform, across our portfolio of properties. The decision reflects our broader strategic commitment: to deploy technology that protects asset value, enhances resident experience, and advances environmental stewardship.
Real-Time Visibility, Real-World Impact
DrizzleX installs smart micrometers on every water fixture — toilets, showers, and sinks. Data flows into a centralized dashboard that flags anomalies in real time, alerting property managers to silent leaks, running toilets, and consumption spikes that would otherwise go unnoticed for weeks or months.
Previously, we relied on lagging indicators, like monthly utility bills, to identify problems. By then, the damage was done and costs had compounded. Today, our teams receive near instant alerts, enabling us to issue high-priority work orders before minor issues escalate. This proactive approach reduces waste, lowers operating expenses, and ensures small leaks don’t escalate into large-scale issues.
Properties using DrizzleX typically achieve a 20–40% reduction in water costs, a direct reflection of waste eliminated and efficiency gained.
These savings flow to both operators and residents, while meaningfully reducing our properties’ environmental footprints. In an era of rising operating costs and housing affordability pressures, this kind of innovation is not optional. It’s essential.
Strategic Partnership, Continuous Innovation
Multifamily property technology is still evolving—that’s why K3 Holdings and Alpine LA Properties serve as design partners to DrizzleX as well. We share operational insights, identify product enhancements, and help refine the platform to meet the evolving needs of property managers. This collaboration accelerates innovation for DrizzleX while ensuring our portfolio benefits from this best-in-class technology.
We believe the future of multifamily management lies in partnerships like this, where operators and technology providers work together to solve real problems at scale.
As costs rise across the economy, the imperative to operate smarter has never been greater. At K3 Holdings and Alpine LA Properties, we are committed to leveraging emerging technology to preserve affordability, enhance quality of life, and build more sustainable communities. Smart-building technologies like DrizzleX are not ancillary upgrades, they are strategic necessities that equip properties for a more affordable future.
Michael Kadisha is a Los Angeles-based real estate investor and entrepreneur, serving as Principal at K3 Holdings, which owns and operates thousands of multifamily units.
