Lavanda

Lavanda is a software solution designed to optimize the management of residential apartment buildings. It caters to a range of company sizes, from small to large residential property management organizations. According to the vendor, Lavanda offers a comprehensive set of features and services that professionals and industries such as property managers, real estate operators, multifamily operators, co-living operators, serviced apartment operators, and student housing providers can utilize.

Key Features

Short stay support: According to the vendor, Lavanda enables property managers to effectively manage and capitalize on short stays throughout their portfolio. It allows them to market properties across 300+ online travel agencies and easily update availability across their entire real estate portfolio.

End-to-end property management software: The vendor claims that Lavanda minimizes the burden of day-to-day operations by providing a cloud-based platform with a centralized management hub. It allows property managers to maintain control over accounting, budgeting, marketing, and guest management.

Increase NOI: According to the vendor, Lavanda helps generate up to 20% incremental revenue from the real estate portfolio by optimizing multifamily assets and driving additional revenue streams. It achieves this by diversifying tenant types and stay lengths.

Scale resident experience: The vendor states that Lavanda reduces costs while ensuring consistency through intelligent automations. It offers a customizable experience to attract, manage, and retain residents, streamlining the resolution of maintenance tasks.

Build your brand: Lavanda allows property managers to create a custom-branded experience for guests and operators, according to the vendor. It provides personalized interactions throughout the customer journey, facilitating the acquisition, management, and retention of residents.

Drive operational efficiencies: The vendor claims that Lavanda streamlines workflows and automates property management tasks, reducing the cost of managing maintenance, move-ins, and move-outs. It also offers real-time analytics to support data-driven decision-making.

Optimize performance: According to the vendor, Lavanda provides real-time analytics for informed decision-making and continuous improvement, consolidating multiple software and tools into one platform to enhance efficiency.

Reduce IT spend: The vendor asserts that Lavanda helps property managers reduce IT costs by consolidating software and tools into an all-in-one platform. It offers cloud-based access to the property management system, allowing for customization and greater visibility.

Student Accommodation: The vendor claims that Lavanda offers dynamic pricing algorithms, channel management, operations automation, and reporting and analytics specifically tailored to student housing providers.

Multifamily: According to the vendor, Lavanda streamlines lease management, offers a resident portal, facilitates maintenance management, and provides performance tracking tools for multifamily property managers.