December 17, 2018
Coyote Software, a real estate software company, has secured two major new clients to for its deal pipeline and asset management platform – Stenprop, the UK real estate investment trust (REIT), which specialises in the UK multi-let industrial property sector, and real estate investment company, Palmer Capital.
Coyote is a cloud-based platform developed and used by M7 Real Estate and its clients for over eight years, before it was launched commercially to the market in September 2017.
Coyote enables industry professionals to track and manage assets through the commercial property lifecycle from Introduction, through to Acquisition, Management and Disposal. Coyote also brings data in from all the leading property management systems, such as Yardi, MRI and Tramps to give users live data on the assets and portfolios they own or manage.
Oli Farago, Co-Founder, CEO and Chief Technology Officer at Coyote, says:
“Key to our growth has been our history. We have a proven product with over a million user hours that was specifically designed for commercial real estate to solve pain points and make companies more efficient. While we were always confident that Coyote would be well received, the appetite and enthusiasm from the market has been overwhelming.“
Julian Carey, Executive Property Director at Stenprop, says:
“The ability for all the team to access and collaborate on deal flow is a big step forward, as is the ability to cut and dice our data. The Coyote team offer a passionate and pragmatic approach to challenges, making the implementation of the software as painless as possible.”
Darryll Colthrust, Director of Innovation at Palmer Capital, says:
“As a business, the Coyote platform is exactly what we needed to start us on our digital transformation journey. It provided us with the foundations required to support a more structured approach to managing acquisitions and will be the jumping off point for better asset management.”
First published by www.propertyfundsworld.com, December 2018.