AM Parking Technology Partners With Bilt to Make Parking, Shopping and Dining More Connected Across Miami

Partnership brings Bilt’s connected commerce technology and neighborhood benefits to AM Parking garages, creating new opportunities for local businesses while simplifying everyday experiences for residents and visitors

Miami, Florida — Nov. 10, 2026 — AM Parking Technology, an innovative parking platform company focused on smart technology, seamless experiences, and maximizing property value, today announced a partnership with Bilt, the neighborhood commerce and rewards platform, to create a more connected experience.

Bilt Neighborhood OS™, an AI platform that helps grow by reaching new customers and building loyalty through personalized experiences in their neighborhood, will integrate with AM Parking’s existing systems, connecting its garages to Bilt’s nationwide network of more than 8 million members, 1-in-4 apartment buildings and over 50,000 merchant partners. The platform enables participating businesses to offer personalized incentives and rewards, turning an everyday parking transaction into an opportunity to discover and engage with the surrounding community.

Through Neighborhood OS, Bilt will power checkout and payments across AM Parking’s garages, connecting parking with nearby restaurants, retailers and other businesses to make navigating and enjoying the city easier and more rewarding.

The partnership reflects a broader vision led by South Florida & New York real estate developer Mendy Chudaitov, who is leveraging his real estate holdings and embracing emerging technologies to create more seamless connections between the places people park, shop, dine and spend their time.

“We saw an opportunity to modernize an industry that has traditionally operated in silos,” said Mendy Chudaitov. “Parking shouldn’t be a disconnected experience. We built AM Parking to bring technology, convenience, and smarter operations together, and our partnership with Bilt takes that vision even further by connecting parking with the restaurants, retailers, and businesses around it.”

AM Parking was created to fill a gap in traditional parking platforms, where disconnected payment systems, manual validations, and outdated technology have long created challenges for property owners, businesses, and customers. By bringing payments, parking validations, real-time reporting, and operational management into a more connected technology platform, AM Parking is modernizing the parking experience while helping property owners improve efficiency and maximize revenue.

Rather than treating parking as a standalone transaction, the new platform will connect AM Parking customers with participating neighborhood businesses and exclusive offers. For example, a customer dining at a participating restaurant could have their parking validated and managed as part of their visit, with Bilt managing the payment and coordination between the restaurant and parking operator.

The result is a simpler experience for customers and a new opportunity for local businesses to attract visitors, build loyalty and encourage spending throughout the neighborhood.

“Parking is often the first transaction someone makes when they arrive in a neighborhood. It should connect them to what comes next,” said Ankur Jain, Founder and CEO of Bilt. “Together with AM Parking, we can connect that moment with a restaurant around the corner or an offer from a nearby shop. Members get more value from their trip, and local businesses get another way to reach people who are already steps from their door.”

The partnership also reflects a larger shift in how technology can strengthen local economies by connecting businesses with customers already spending time in their neighborhoods. According to Bilt’s inaugural State of the Neighborhood Study, conducted with 451 Research by S&P Global, two-thirds of U.S. consumers make at least 80% of their everyday purchases within 15 miles of home, while 95% say they would try a local business if they could earn rewards there.

By connecting parking with nearby experiences and incentives, AM Parking and Bilt aim to encourage greater exploration of neighborhoods, support local merchants and create a more integrated experience across the places people visit every day.

About AM Parking Technology

AM Parking is a technology-driven parking platform company created to modernize traditional parking operations. By integrating smart payment solutions, streamlined validations, real-time reporting, and innovative technology, AM Parking simplifies parking for customers while helping property owners maximize efficiency and revenue. Through strategic partnerships, the company is connecting parking to the broader neighborhood experience.

For more information, visit www.amparking.com

About Bilt

Launched in 2021, Bilt is the membership for where you live and the Neighborhood Operating System (OS) powering everything around it. More than 8.2 million members use Bilt to earn rewards on housing payments, build a path to homeownership, and redeem the highest value rewards currency on the market across travel, dining, fitness, sports, and more. With Neighborhood OS™, the AI platform to help businesses grow through the neighborhood, Bilt connects multifamily property managers, travel advisors, sports organizations, and more than 50,000 merchants nationwide with nearby customers. Bilt powers 1 in 4 U.S. apartment buildings, including those in the Bilt Alliance, built with some of the nation’s largest owners and operators. For more information, visit www.bilt.com and download the Bilt app.