LESSEN


Associated tags: Software, Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Data Management, Maintenance, REIT, Internet, Real estate

Locations: LESSINES, UNITED STATES, NORTH AMERICA, ARIZONA, OWENS, LOWES

Lessen Expands Leadership Team and Appoints Kevin Owens as Executive Vice President, Multifamily

Retrieved on: 
Thursday, April 25, 2024

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.

Key Points: 
  • 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 is well-positioned to be the leading technology-based property services provider in the multifamily space,” said Owens.
  • Most recently, Kevin was division President at RPM Living, where he led RPM’s property management business in the eastern half of the United States.

Lessen Launches Innovative Purchasing Marketplace for Vendors

Retrieved on: 
Tuesday, April 2, 2024

The intuitive marketplace environment simplifies procurement for all parties.”

Key Points: 
  • The intuitive marketplace environment simplifies procurement for all parties.”
    The Lessen Marketplace also makes it easy for vendors to competitively shop for a variety of business insurance and financing needs.
  • Using the Marketplace, vendors can fill out a single application in as little as five minutes to obtain quotes tailored to their business needs.
  • The launch of the Lessen Advantage Marketplace is a significant step toward Lessen continuing its journey to expand the roster of products and services that benefit both customers and vendors.
  • “The introduction of the Lessen Advantage Marketplace underscores our dedication to ongoing innovation, aimed at delivering value for both our customers and our network of over 30,000 vendors.”

Built In Names Lessen to Its Esteemed 2024 Best Places To Work Awards

Retrieved on: 
Thursday, January 11, 2024

Built In today announced that Lessen was honored in its 2024 Best Places To Work awards, earning recognition in the Best Places to Work category.

Key Points: 
  • Built In today announced that Lessen was honored in its 2024 Best Places To Work awards, earning recognition in the Best Places to Work category.
  • The annual awards program includes companies of all sizes, from startups to large enterprise-class businesses, honoring remote-first employers and companies in large tech markets across the U.S.
    "We are thrilled to receive the 'Best Places to Work' award.
  • Built In determines the winners of Best Places to Work based on an algorithm using compensation and benefits company data.
  • “I’d like to extend our heartfelt congratulations to the 2024 Best Places to Work winners,” said Maria Christopoulos Katris , founder and CEO of Built In.

Lessen and Darwin Homes Announce Tech-Enabled Partnership to Drive Efficiency in Single-Family Residential Property Management

Retrieved on: 
Wednesday, December 20, 2023

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").

Key Points: 
  • 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 and Darwin, both renowned for their innovative technologies, are joining forces to create a unique, tech-driven solution for single-family residential property management, signaling a pivotal shift in the real estate landscape to bring tremendous value to the market.
  • The core of this partnership revolves around Lessen’s centralized repair and services platform, which Darwin will integrate into its operations.
  • Delegating the responsibility of traditional property management tasks to Lessen’s trusted, scalable platform will allow Darwin to focus on further expanding its residential portfolio.

Lessen Appoints Arvind Bobra as Chief Financial Officer

Retrieved on: 
Tuesday, July 18, 2023

Lessen , the premier tech-enabled, end-to-end solution for outsourced real estate property services, announced today the appointment of Arvind Bobra as chief financial officer.

Key Points: 
  • Lessen , the premier tech-enabled, end-to-end solution for outsourced real estate property services, announced today the appointment of Arvind Bobra as chief financial officer.
  • Bobra brings an established strategic leadership track record, strengthening Lessen for its next stage of growth.
  • “We’re thrilled to welcome Arvind Bobra to the team,” said Jay McKee, CEO of Lessen.
  • As CFO, he will lead Lessen’s financial planning, accounting and forward-looking financial strategy.

Lessen Continues Business Transformation With Hire of Justin Iannacone

Retrieved on: 
Tuesday, April 25, 2023

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.

Key Points: 
  • 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.
  • "This is an exciting time at Lessen and having the right executive team in place is essential as we continue to build on our momentum,” said Jay McKee, CEO of Lessen.
  • Iannacone was responsible for building and scaling the construction platform, which included oversight of thousands of renovations, turns and maintenance work orders annually.
  • "I'm thrilled to rejoin forces with Jay to help Lessen continue its journey of being the premier industry leader of tech-enabled property service solutions.

Lessen Acquires Global Facilities Management Provider Blue Skyre IBE

Retrieved on: 
Tuesday, April 18, 2023

Lessen , the premier tech-enabled, end-to-end solution for outsourced real estate property services, announced today a strategic acquisition of Blue Skyre IBE, a global facilities management solutions provider.

Key Points: 
  • Lessen , the premier tech-enabled, end-to-end solution for outsourced real estate property services, announced today a strategic acquisition of Blue Skyre IBE, a global facilities management solutions provider.
  • Blue Skyre IBE Chief Executive Officer Maureen Ehrenberg and Chief Strategy & Product Officer Colette Temmink will join the Lessen leadership team.
  • “Facilities management has been going through a transformation and Lessen has been at the forefront of this change,” said Temmink.
  • Lessen’s dynamic approach to strategic integrated facilities management is exactly what the industry requires today.”

Lessen strengthens leadership team with appointment of Joshua Swift and Michael Krumwiede, veterans of Zillow and Colony Starwood Homes

Retrieved on: 
Wednesday, March 15, 2023

The addition of Swift and Krumwiede, real estate and technology veterans formerly with Zillow and Colony Starwood Homes, underscores the company’s commitment to building a best-in-class leadership team as it enters its next phase of growth.

Key Points: 
  • The addition of Swift and Krumwiede, real estate and technology veterans formerly with Zillow and Colony Starwood Homes, underscores the company’s commitment to building a best-in-class leadership team as it enters its next phase of growth.
  • In his new role, Swift will lead the business execution, strategy and growth for Lessen’s residential platform.
  • Before Zillow Group, he served in various executive leadership roles in the single-family rental REIT sector with Colony Starwood Homes and predecessor companies.
  • “I’m thrilled to join the talented team at Lessen, build on its strong foundation and help drive our next growth phase.”

SMS Assist Announces Service Expansion With GP Mobile

Retrieved on: 
Tuesday, February 14, 2023

SMS Assist, a Lessen company, is pleased to be expanding service location coverage to more than 500 GP Mobile cellular stores with a new facilities management program.

Key Points: 
  • SMS Assist, a Lessen company, is pleased to be expanding service location coverage to more than 500 GP Mobile cellular stores with a new facilities management program.
  • The expansion is a testament to the relationship built between GP Mobile and SMS Assist and their combined commitment to providing exceptional customer experiences.
  • SMS Assist provides the maintenance and support services we need, allowing GP Mobile to focus on our customers and give them the best possible store experience when they visit our locations,” says Fred Koket, sr. manager of facilities and maintenance, GP Mobile.
  • SMS Assist takes great pride in helping large-scale commercial clients maintain safe and welcoming physical environments, while driving efficiency, insights, and control.

Mike Rothman, Founder and Chairman of SMS Assist, Remarks on Strategic Impact of $2.25 Billion Proptech Merger

Retrieved on: 
Tuesday, January 31, 2023

TAMPA, Fla., Jan. 31, 2023 /PRNewswire/ -- Mike Rothman, CEO of Second Avenue Group ('Second Avenue'), a full-service, institutional quality single-family rental ('SFR') platform, today explained how the recent acquisition of SMS Assist by Lessen will strengthen Second Avenue's capabilities and unlock significant value for the company's partners and growing institutional client base. Rothman, who founded SMS Assist 25 years ago and served as CEO for two-decades, has continued to serve as Chairman of SMS Assist and came together with Lessen CEO and Founder Jay McKee to help unlock the synergies of this recent merger.    

Key Points: 
  • In addition to Second Avenue, several well-known private and public investors (including legacy Second Avenue investors) participated in the Lessen/SMS transaction.
  • Monroe Capital, Varde Partners, Koch Real Estate Investments, and Fifth Wall (among others) provided both debt and equity.
  • The merger represents a significant professional milestone for Rothman who has founded and led multiple companies, including SMS Assist (1997) and, more recently, Second Avenue (2017).
  • Today, I see there is significant future upside for the Second Avenue platform as the SFR arena continues to expand."