Canadian Rentals Specialist Rentsync Merges with Buildings Stack

December 6, 2023

Rentsync, Canada's leading online rental marketplace provider, has merged with software company Building Stack.

Rentstync's offering already includes a content management system, as well as software for listings management, lead automation and reporting—with Building Stack set to be fully integrated into Rentsync's portfolio of list-to-lease solutions.

The merger also means Rentsync has entered the resident life cycle technology market thanks to Building Stack’s resident portal, which already includes rental payments.

Max Steinman, CEO at Rentsync, said:

"This merger extends our product offerings beyond marketing.

"With a comprehensive suite ranging from an online leasing CRM to a resident portal with rent payments, we eagerly anticipate the integration of the talented Building Stack team into our family, and are excited to embark on this journey of growth together."

Jonathan Margel, CEO at Building Stack, said:

"We are extremely motivated to redefine the landscape of real estate technology in Canada. This also gives us the firepower to enter the US market in a meaningful way in the next few years.

"Our combined experience and resources will offer unparalleled solutions, driving efficiency and success for our clients coast to coast."

Rentsync is a leading SaaS and marketplace technology company based in Toronto. The firm offers a suite of products and services to streamline rental property marketing, leasing, and management. The firm also owns and operates the Rentals.ca Network, Canada's leading online marketplace for rental housing.

Building Stack offers an all-in-one platform designed to manage the entire tenant life cycle, born from the combined efforts of real estate managers and tech specialists seeking more efficient property management tools.

Online Marketplaces spoke to Rentsync founder Jason Leonard about the company's merger and acquisition strategy back in April 2022. Watch it in full here.

December 6, 2023
Harvey is an experienced property journalist and copywriter. He has written about the property industry since 2015, starting at The Property Franchise Group in the UK, before moving to Spain to work for Spotahome. He has blogged for the private rented sector, ghostwritten for UK property experts and written case studies for franchise owners around the UK. Harvey joined Online Marketplaces as a News Editor in 2022.

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