Swivel Work

About Swivel Work

Swivel is a digital leasing platform designed to revolutionize the commercial real estate market by offering flexible and innovative lease options. The platform serves landlords and tenants, primarily in the office space sector, providing tools and legal templates that enable landlords to offer alternatives to traditional long-term leases. Swivel's features include flexible no-penalty move-out options, lease sharing, and the ability to flip leases, which attract higher Net Operating Incomes (NOIs) for landlords.

Swivel's platform allows landlords to pre-define layout options, eliminating negotiation hassles and cost overruns. It also replaces the need for space plans and test fits, delivering broader leasing capabilities from a single platform. One of the standout features is the immersive virtual tour, which lets tenants experience office spaces in various finish-out and pricing options. This feature can also eliminate the hassle of furniture for tenants, allowing landlords to offer spaces as plug-and-play.

The platform's transparent pricing, real-time tenant feedback, and proposal management capabilities can significantly shorten the leasing process from months to days. This improves the tenant experience and provides a better leasing experience for any lease type. Swivel's business model is likely based on subscription fees or transaction-based fees, making money by offering these advanced leasing solutions to landlords and property managers.