How Are Reserve Plus & Stelor Connected?

Have you ever wondered how Reserve Plus and Stelor work together? On the surface, they might seem like two separate companies. But once you understand how they're connected, it becomes clear that they are part of the same ecosystem, working together to modernize and streamline the entire reserve fund planning and reporting process.

In this episode of Coffee Chat with Steve, we go behind the scenes to unpack how a reserve fund provider and a software company are reshaping the future of condo and strata planning in Canada.

Reserve Plus: the data-driven reserve fund provider

Reserve Plus is a service provider that specializes in delivering accurate, comprehensive, and cost-effective reserve fund studies. Their core strength lies not only in their engineering expertise, but in how they use technology to deliver reports more efficiently and with better outcomes.

Unlike traditional firms that rely heavily on outdated tools and disconnected spreadsheets, Reserve Plus uses a specialized platform to complete its work. That platform is Stelor. In fact, Reserve Plus originally built Stelor internally to solve its own operational pain points. The software proved to be so powerful that it eventually evolved into its own standalone product.

Think of Reserve Plus as the team on the ground doing the inspections, preparing the reports, and collecting the data. But instead of doing it the old-fashioned way, they do it smarter by plugging into the technology stack built by Stelor.

Stelor: the technology engine behind the process

Stelor is a property technology company focused on creating tools for better reserve fund planning, management, and reporting. It powers both the delivery of reserve fund studies and the long-term utility of the data those studies generate. Stelor is split into two core platforms:

• StelorBLD: The writing tool used by Reserve Plus to complete reserve fund studies. What used to take 30 to 50 hours is now completed in 10 hours or less, through logic-based workflows, guided inputs, error detection, and AI enhancements that reduce inconsistencies and human error.
• StelorPM: The platform for property managers and condo boards. It pulls from the detailed dataset created during the reserve fund study and turns it into usable tools for budgeting, financial planning, capital project tracking, insurance integration, and more.

Together, these platforms cover the entire lifecycle of a reserve fund study, from initial data collection to long-term application.

A shared dataset that does more

The connection between Reserve Plus and Stelor is rooted in one critical advantage: data. Every time Reserve Plus completes a reserve fund study using StelorBLD, it generates a clean, comprehensive dataset that includes a detailed inventory of common property and building components, material types, measurements, and estimated replacement costs, expected life spans and renewal schedules, and historical and projected financials for a 30-year window.

This information is stored in Stelor's database and can be accessed through StelorPM. From there, property managers can use the data for creating operating and capital budgets, running funding scenarios and forecasts, automatically generating reports for councils or boards, completing insurance applications using pre-filled data, and benchmarking performance across similar buildings. No more duplicating work. No more searching through PDF reports. No more guessing.

Why this matters

Traditionally, a reserve fund study is a static document that sits in a file until it is time for a renewal or the next big project. But when you pair Reserve Plus and Stelor together, it becomes a living tool. The data captured is no longer one-time use. It becomes a strategic asset that supports every aspect of long-term property planning.

Boards get more transparency. Managers save hours of time. Residents benefit from stronger planning and fewer surprises. And engineers can write reports faster and with better quality control. This model flips the script on how reserve fund studies are viewed. Instead of being a regulatory requirement that creates extra work, it becomes the foundation for smarter, more confident decision-making.

Final thoughts

Reserve Plus and Stelor are not just partners. They are two sides of the same vision. One delivers the expertise and boots-on-the-ground service. The other builds the technology that powers it all. Together, they make it possible to write reserve fund studies in a fraction of the time, with greater consistency, and then unlock that data to improve how buildings are managed for years to come.