SuiteSpot Technology rolls out across Hazelview property management platform
TORONTO, JANUARY 11, 2022 – Hazelview Ventures Inc. (“HVI”), a subsidiary of Hazelview Investments Inc. (“Hazelview”), is pleased to announce that it has recently partnered with SuiteSpot, a leading PropTech cloud software solution, designed to optimize end-to-end operations for multi-residential unit turnover, renovations, and maintenance.
In addition to the funding provided by HVI, SuiteSpot TRIMM™ will be rolled out across Hazelview’s multi-residential portfolio of over 23,000 units, allowing SuiteSpot a unique opportunity to showcase, scale, and maximize growth potential, while also enhancing Hazelview operations with over 20 years of property management experience, and a $4 billion multi-residential development pipeline.
“This partnership aligns with our goals at Hazelview Ventures. SuiteSpot Technology is not only a promising investment with tremendous growth potential, but they also provide Hazelview Properties with a creative path to enhancing our turnover efficiency and delivering those benefits to our many stakeholders,” says Roger Poirier, co-founder of Hazelview Ventures. “Over the past several months, we have enjoyed working with SuiteSpot’s management team in advancing their product development and we are confident that SuiteSpot TRIMM™ is a best-in-class PropTech solution.”
The demands for efficiency are greater than ever before. Thousands of tasks, people, and third-party vendors must be highly orchestrated to deliver on the promise of frictionless property operations and superior resident and employee experience. SuiteSpot TRIMM™ is an easy-to-use, end-to-end automation platform that organizes and manages the critical path for managing turnovers, renovations, inspections, and maintenance processes. It enables faster turnovers, greater productivity, improved resident and employee experiences, and significantly lower costs all through stable, secure, enterprise-grade cloud-based technologies.
“We are very excited to have Hazelview Ventures join our investor group. This new partnership sends SuiteSpot on a path where we will gain greater exposure and align ourselves with a professional and successful team that is well-positioned in the property sector,” says Elik Jaeger, CEO of SuiteSpot Technology.
For more information about Hazelview Ventures, please visit hazelviewventures.com.
About Hazelview Investments
Hazelview Investments has been an active investor, owner, and manager of global real estate investments since 1999 and remains committed to creating value for people and places. Hazelview employs a global investment and asset management team of more than 70 people in its offices in Toronto, New York, Hong Kong and Hamburg and manages CAD 9.9 billion in real estate assets. To learn more visit hazelview.com.
About SuiteSpot
SuiteSpot is a leading PropTech cloud software solution specifically created to eliminate the friction associated with real estate field operations. SuiteSpot TRIMM™ is an all-in-one mobile application that digitally manages the complete make-ready process, inspections & documentation, and work orders. It saves time and money by providing owners, operators, and field staff with the insights and tools they need to speed up unit turnovers, document and manage risk and safety liabilities, control operational costs, and provide greater visibility into the performance of assets & staff.
For more information, please contact:
Stephanie Turner
Proof Strategies for Hazelview Investments
[email protected]
416-969-1670