Articles from Lessen

Lessen, the premier, tech-enabled, end-to-end solution for outsourced real estate property services, today announced the launch of Aiden, its AI-powered maintenance lifecycle product suite. Aiden represents a leap forward in the industry’s holistic application of artificial intelligence across the end-to-end maintenance journey – from intake and communications to proposals, work verification, and invoicing – driving systematic efficiencies and smart decision-making for residential and commercial property portfolios.

Lessen, the premier, tech-enabled, end-to-end solution for outsourced real estate property services, today announced the release of its inaugural Repair & Maintenance (R&M) Benchmark Report, the most comprehensive study of its kind in the single-family rental (SFR) industry. Covering more than 680,000 work orders and $470 million in spend across 2024, the report provides operators with the first standardized dataset measuring the true performance and cost of repair and maintenance operations.

Lessen, the premier, tech-enabled, end-to-end solution for outsourced real estate property services, today announced the official launch of its partnership with Property Meld, a leading property maintenance operations platform. The collaboration, part of Property Meld's Vendor Nexus program, drives efficiency and streamlines maintenance operations for property managers nationwide.

Lessen, the premier, tech-enabled, end-to-end solution for outsourced real estate property services, today announced the integration of its platforms with Yardi Voyager, a leading property management software. This integration enables Lessen to deliver streamlined on-demand services and provides seamless connectivity with the Lessen360™ platform, empowering multifamily property managers to operate with greater efficiency and flexibility.

Lessen, the premier, tech-enabled, end-to-end solution for outsourced real estate property services, today announced the launch of Digital FM+ SM, a new technology solution created for facility management owners, investors, and managers to reduce risk and provide greater control over their asset portfolios.

Lessen, the leading provider of end-to-end real estate property services, today announced the public launch of Lessen360™, a cloud-based platform purpose-built for centralized maintenance operations. Designed to transform how owners and operators manage maintenance, Lessen360 allows for seamless control of tasks, service requests, make-readies, and inspections across regions, states, neighborhoods, or specific pods. This next-generation solution simplifies everything from make-readies to preventative maintenance while reducing costs and improving resident satisfaction.

Lessen today announced that it earned the #1 ranking in the software category — and the #2 spot overall — on the 2024 Inc. 5000, Inc.’s annual list of the fastest-growing private companies in America. The company also ranked as the fastest-growing company in Arizona. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment — its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.

Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, today announced that it will relocate its Chicago office to 203 North LaSalle Street, a 17-story, Class A office building in the city’s burgeoning Central Loop tech district.

Lessen, the premier tech-enabled, end-to-end solution for real estate property services, today announced the expansion of its leadership team with the addition of Kevin Owens as EVP, Multifamily. Owens brings over 25 years of real estate leadership experience to Lessen, with a track record of developing innovative property management solutions, leading operations, and delivering growth while improving the experience of residents.

Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, today announced the launch of the “Lessen Advantage Marketplace.” This centralized, dynamic hub allows vendors who are part of the Lessen Advantage™ community to enjoy access to a diverse range of products and services geared toward maximizing efficiency and fostering growth.

Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, is pleased to announce its partnership with Darwin Homes, Inc. ("Darwin"), a leading proptech single-family residential platform and a wholly-owned subsidiary of Pagaya Technologies Ltd. (NASDAQ: PGY) ("Pagaya").

Lessen, the premier tech-enabled, end-to-end solution for outsourced real estate property services, continues to enhance its leadership team by appointing Justin Iannacone as chief process & innovation officer.

Lessen, the marketplace platform uniting property owners and service professionals to deliver property services better, faster and more cost-effectively than ever before, today announced the results of a survey indicating how owners and service providers utilize technology to help them overcome economic hurdles and make their jobs easier overall. The survey, which focuses on challenges that real estate professionals face in growing their businesses, confirms the need for technology upgrades to provide an end-to-end management solution for the sector and profitability.

Lessen, the marketplace platform that unites property owners and service professionals to deliver property services better, faster and more cost-effectively than ever before, today announced its acquisition of EPM Build, a full-spectrum single-family residences (SFR) maintenance and turnkey solution provider. Through this arrangement, Lessen will welcome a talented team of approximately 30 field project managers, along with an impressive support and management team to help facilitate further market expansion. EPM Build will benefit from Lessen’s technological platform that is enhancing real estate and advancing construction, renovations, turns, repairs, maintenance and scheduled services. The agreement will also help increase Lessen’s revenue and fuel growth.

Lessen, the marketplace platform that unites property owners and service professionals to deliver property services better, faster and more cost-effectively than ever before, today named Brad Hamel as executive vice president of delivery.

Lessen, the marketplace platform that unites property owners and service professionals to deliver property services better, faster and cheaper than ever before, today announced that it has closed a $170 million Series B funding round. The funding announcement comes along with a company valuation of over $1 billion.

Lessen, the marketplace platform that unites property owners and service professionals to deliver property services better, faster and more cost-effectively than ever before, today announced strong momentum during the past year, driven by rapid changes in the property services industry during the COVID-19 pandemic.

Lessen, the marketplace platform that unites property owners and service professionals to deliver property services better, faster and cheaper than ever before, today announced that it has closed a $35 million Series A funding round.