Dealpath, the leading deal management platform for commercial real estate investment teams, announced today that more than 5,400 transactions, with a total value exceeding $100 billion, has been supported using its platform since October 2016.
A combination of new and existing customers from across the commercial real estate investment industry as well as the significant and growing volume of deals speaks to the power of Dealpath’s unique workplace solutions. The platform allows investment professionals to seamlessly organize, streamline and analyze their transaction data, reducing risk and fostering better decisions in the process. Dealpath is the first-of-its-kind designed specifically for the complexities of effectively deploying capital as a buy-side principal.
In addition to the more than $100 billion in deals recently supported using the Dealpath platform, commercial real estate investment teams have successfully managed deals through the creation of more than 1.1 million tasks using the platform.
“Since inception, our platform’s ability to simplify, streamline and optimize the evaluation and execution of commercial real estate transactions has quickly taken hold across the industry.In just the last 12 months, many leading investment firms have found that Dealpath not only organizes and improves the myriad of tasks related to their work, but unlocks the highest and best use of their most valuable asset – their time,” said Mike Sroka, Dealpath’s Co-Founder and CEO. “We are proud of the positive impact and progress Dealpath has made to date, and look forward to expanding our list of customers as more and more investment teams leverage its ability to transform the way they do business.”
Dealpath’s purpose-built platform is designed to empower CRE investment teams with a more efficient, methodical and effective path to achieve optimal outcomes in their work transacting commercial properties. Through the use of structured data and collaborative pipeline tracking tools, it enables employees to create institutional-level quality reports to share with potential project and deal partners, ensures all required tasks have been completed and streamlines many of the painstaking, manual processes contributed with traditional real estate investment. Additionally, by moving every phase of a transaction – from origination and underwriting through due diligence,closing and onward - to a secure, cloud-based platform, it provides investment teams with the enterprise risk management that institutions need all from an easy to use interface.
“Dealpath allowed us to centralize all our of deal information, key documents and tasks on a single platform, which enhanced our ability to collaborate with internal and external parties, generate customized reports on-demand, track our deal flow, and better monitor our existing portfolio,” said Joseph Weishaar, Director of Asset Management at L+M Development Partners. All of this fosters better, more informed investment decisions and allows us to focus on true value-add functions as well as provide better service to our investors.”
Dealpath is used by hundreds of leading real estate investment firms, including L + M Development, Regency Centers,Rockpoint Group, GMH Capital Partners, Four Corners Property Trust, Gaw Capital Partners, Fort Capital, and U.S. Restaurant Properties.
About Dealpath
Dealpath is the #1 deal management platform for commercial real estate investment teams. The platform automatically organizes information and streamlines team collaboration for clear deal tracking and the best investment decisions. Based in San Francisco, the company has facilitated more than $100 billion in commercial real estate transactions, and is backed by top-tier venture capital firms and industry leading operators including Formation8, LeFrak, Milstein, Bechtel, Goldcrest Capital, Deep Fork Capital and Western Technology Investment.
