In some cases, data doesn’t exist at all. And when it does exist, it’s often unstructured and decentralized, scattered across multiple spreadsheets and email threads. Teams waste valuable time compiling reports when they could be driving value for the business, and executives have to wait to get answers to their questions—if they get them at all. Most of all, executives lose the ability to be proactive and independently spot red flags. 

Dealpath solves this problem by standardizing data in a centralized source of truth, making it easy to leverage for better decision-making. And with the launch of our latest feature, Dashboard Reporting, it’s easier than ever to translate data into insights that drive the business forward.

Why You’ll Love Dashboards

Create Customizable Dashboards 

With Dashboard Reporting, you can set up customizable dashboards that surface only the information you care about. Want a bird’s-eye view into overall business metrics? Want to drill down into your pipeline for a particular sector or region? You can accomplish both with ease. Dashboards are completely flexible, so you can surface only the data you care about.

Be Proactive With Data

Gone are the days of having to wait for data to be corralled and reports assembled. With Dashboard Reporting, the latest data is always accessible. And when a change is made to data in Dealpath, it’s reflected in your dashboards instantaneously. Now you can quickly answer questions, investigate trends, and spot red flags without having to ask your team to put together a report.

Bring Data to Life With Visualizations

It can be difficult to spot trends just from looking at raw data. Now you can customize your reports with a range of data visualizations, from bar charts to pie graphs to tables and more. This ensures you can maximize insight by consuming data in your preferred format. You can also apply filters to both entire dashboards and individual visualizations, so you can be sure you’re looking at the most relevant data. 

Save Time on Reporting 

Your team can cross reporting off their weekly to-do lists. Set up dashboards once, and up-to-date information will always be there. Dashboards can be shared with the whole team and even with people outside the company, so you can seamlessly keep everyone in the loop.

How You Can Use Dashboard Reporting

With its flexibility and customization options, there’s almost no limit to the different ways you can use Dashboard Reporting, but here are a few ideas to get you started:

Deal Pipeline

Track in-progress deals, whether for acquisitions, loans, or development deals. See where your pipeline stands at a glance and understand how it breaks down according to property type, region, strategy, and more.

Deal Execution

Improve the efficiency of your deal execution and keep your team moving toward their goals–and possibly even eliminate meetings. Highlight key milestones across deals, and how long deals have stayed in each stage to identify parts of the pipeline that can be improved.

Assets or Portfolio 

Keep tabs on the composition and exposure of your portfolio of owned assets or funded loans. For example, you could break out a portfolio of funded loans by sponsor, region, type of collateralized property, or interest rate type to make sure your portfolio stays within your risk profile. 

Overall Business 

Track important metrics across different teams or business units for a picture of overall business performance. For example, you can combine your acquisition pipeline and owned assets in one dashboard, or view your equity acquisition and debt pipelines side-by-side.

Personal Pipeline 

Create personal dashboards that are only visible to you, where you can track deals you’re personally responsible for and stay ahead of any upcoming deadlines.

Request a Demo to Turn Data Into Insights With Dealpath

Request a demo of Dealpath to learn how organizing your data can unlock insight for your business. 

The post Introducing Dashboard Reporting: Turn Data into Insights appeared first on Dealpath.

We introduced a new underwriting model comparison feature back in November to help our customers better manage risk by comparing investment deal performance in varying market conditions.

Read on to learn how leading institutions are comparing underwriting models in Dealpath to understand if a deal meets their target risk profile.

A New Way to Understand the Impact of Shifting Market Conditions

Any given underwriting model is only valuable for projecting asset performance when the assumptions guiding the financials remain accurate throughout the lifecycle of the owned asset. Comparing underwriting models in Dealpath gives your team the most granular visibility available in the market today to understand the impact of shifting economic conditions on your return profile. 

Whether conditions change due to shifting interest rates, fluctuating demand or other macroeconomic factors, investment teams can now gain real-time visibility into how these fluctuations could impact return profiles.

How You Can Use Underwriting Model Comparisons

Many of the industry’s leading deal teams have already surfaced actionable insights by comparing underwriting models at multiple stages in the asset lifecycle. 

Compare Underwriting Models to See If a Pipeline Deal Pencils

As your team is underwriting new deals, comparing underwriting models helps teams to better understand which deals pencil out, even if the most challenging scenario comes to fruition.

Comparing projected investment performance across different scenarios, such as base, bull, bear and any others that might be helpful for your team to understand, gives your team heightened visibility into potential return profiles. Consequently, you can determine if the deal meets your target risk profile. 

For example, a deal might align well with a fund’s risk profile in a bear market, but not in a true downturn.

As Conditions Change, Project Investment Performance

Beyond pipeline deal evaluations, firms are also comparing underwriting models to project owned asset performance. Market conditions are always changing, meaning the assumptions that were true at close are subject to change.

As asset management teams re-underwrite deals across their portfolios, they can better understand how owned assets will hold up against shifting market conditions. If a particular asset in your portfolio will not hold up to the projected return profile in light of recent market fluctuations, the asset management team might flag it as a disposition opportunity.

Comparing original underwriting models against models updated based on current assumptions can also aid in analyzing underwriting accuracy.

How Underwriting Models Comparison in Dealpath Works

Underwriting model comparisons in Dealpath can be configured to best meet your organization’s needs.

Drag and Drop New Models Into Dealpath

Adding a new model to Dealpath is as easy as dragging and dropping an Excel file into the platform. Mapping data in your underwriting models to Dealpath ensures that all of the data will populate in the correct cells, helping you to analyze model comparisons with clarity and precision. 

Select the Data Points that Matter Most to Your Firm

Every model version can be viewed, filtered and sorted by milestone, creator, date and more, making it clear which scenarios are being compared and which information is most up to date.

For example, if population metrics and occupancy rates are particularly important for urban multifamily deals, then you can configure model comparisons to reflect that. 

Your firm can save various views to easily analyze every deal through your unique lens.

Drag and Drop Columns to Understand Variance

After uploading the underwriting models you want to compare, drag and drop the scenarios to view the variance. For example, compare the bull case to the best case scenario to see how particularly strong tailwinds would impact returns. Conversely, view the difference between the bear and worst case scenarios to see what the return profile might look like in the face of strong headwinds.

View Projections at Every Milestone

As you learn more about the deal you’re underwriting, your assumptions will naturally be refined. With just a few clicks, you can see the differences between your initial underwriting model and the one created after due diligence is completed and your assumptions are more solidified.

Uploading new models as deals progres offers a holistic view of return profiles at each stage of the deal lifecycle, helping your firm to memorialize how models change over time, sharpen underwriting assumptions and make smarter investment decisions.

Start a Conversation About a Model or Data Point

If a data point like the cap rate or purchase price looks particularly low or high in a model comparison, start a conversation with your deal team directly within the underwriting model to prompt a team member to refine these assumptions. Bringing this discussion directly to the model comparison view ensures that stakeholders and team members can view the relevant context required to make the best decisions.

Elevate Data-Driven Decision Making With Dealpath

From streamlined deal screening to enhanced underwriting to surfacing market trends, centralizing your pipeline in a proprietary deal database positions your firm to win as the arms race for data analytics in CRE continues. To learn how leading institutions manage risk and supercharge data-driven decision making with Dealpath, schedule a meeting. 

The post Compare Underwriting Models Side-By-Side in Dealpath appeared first on Dealpath.

But fractured communication has hidden costs. People are left out of the loop, inadvertently make decisions using out-of-date data, and it can take days to answer simple questions. 

Our new Conversations feature, currently in beta and scheduled for release later in Q1, embeds discussion directly in your deal database, making collaboration more efficient.

Centralize Data and Discussion in a Single Source of Truth 

The first step to solving collaboration problems is to centralize data in a single system like Dealpath that allows you to manage the CRE deal lifecycle from beginning to end. This ensures everyone is working from the same, up-to-date information and your team can focus on making critical strategic decisions. 

Now, with Conversations, you can bring discussion into Dealpath as well. Rather than switching contexts and discussing your deals in an email, meeting, or chat application, you can have discussions directly in Dealpath in the context of the data. Not only are discussions more productive, but both data and discussion are memorialized together in the same source of truth.

Comment on Specific Data Points

Conversations makes discussions more productive by allowing you to comment directly on specific data points in Dealpath. This means collaboration takes place right alongside the data you’re discussing.

And if a data point changes as a result of a conversation, that change will be recorded in the comment thread, so everyone can understand how deal data has evolved.

Transparency for the Entire Deal Team

Everyone with access to a particular view in Dealpath can see the Conversations there. That means you don’t need to be cc’d on that email or invited to that meeting in order to stay in the loop. And when you’re reviewing old deals, the context is all right there. 

Collaboration Tools Everyone Is Comfortable With

Conversations utilizes collaboration elements your team is already familiar with, so onboarding everyone is easy: 

• Threaded discussions to keep conversations organized
• @ mentions to tag specific colleagues
• Blockquotes to make it clear when you’re citing something 
• Email notifications to keep up to date 

How You Can Use Conversations

There are endless ways that your team can utilize Conversations, but here are a few common scenarios where the new feature might be useful.  

Deal Team Collaboration 

Members of the deal team can use Conversations to finalize data and ready a deal for presentation to executives. As they deliberate on initial underwriting, analysts and associates can discuss assumptions with their colleagues and ask for context around specific numbers.

Drafting Documents and Finalizing Data for Presentation

As the deal team finalizes documents for presentation, Conversations can help them make revisions quickly, without having to provide context in another channel. This revision process is also documented in case you need to reference anything later. 

Deal Review by Executives

Executives can use Conversations to ask questions about a deal directly in the context of the deal data. For example, if they have questions coming out of a Management Committee meeting, they can leave comments on the Memo in Dealpath and ask the deal team about the thinking behind specific numbers.

New Hire Onboarding

Conversations also memorializes discussion around a particular deal alongside the data. That means new hires can ramp quickly by getting all the context they need about a particular deal right in Dealpath. 

Supercharge Collaboration With Centralized Conversations in Dealpath

Schedule a meeting to learn more about Conversations and how Dealpath can streamline your processes.

The post Introducing Conversations: Bring Discussion Into Dealpath appeared first on Dealpath.

Rapid, granular data insights are now table stakes in the highly competitive CRE industry. Beyond real-time analytics and reporting, however, one largely untapped channel to fuel competitive intelligence is dead deal analysis. 

In this blog post, we’ll outline why your firm must review dead deal reports, including 5 otherworldly insights to analyze performance and reanimate your strategy.

What Is a Dead Deal Analysis Report?

As your firm audits pipeline performance to uncover which sectors saw supernatural success and where skeletons are hiding in the closet, every data point matters. Centralizing deal information in a deal management platform like Dealpath creates the opportunity to uncover unique, real-time insights.

In partnering with hundreds of CRE firms across nearly every sector and vertical, we’ve empowered industry leaders to better inform their strategies with dead deal analysis reporting. Dead deal reports break down outcomes based on factors like target market, pricing misalignment, stage when marked dead, and more. In the next generation of AI-powered CRE investment, intelligence like this is foundational to your competitive advantage.

Armed with these learnings, your firm can bewitch its strategy by straying away from low-performing verticals, doubling down on high-performing markets, or fixing bottlenecks. While dead deal reports can be configured to meet your unique needs, these are some of the most popular insights to learn from dead deal analysis.

5 Haunting Insights to Learn From Dead Deal Analysis Reports

1. There Are Patterns in Deal Breakers

From inadequate foot traffic to financials that don’t pencil, numerous factors can send a deal to the graveyard. Dead deal reports offer a unique opportunity to learn from common themes in the reasons that deals died.

Were there consistent issues around pricing, the condition of the property, financing, or counterparties? Understanding patterns can help you refine these criteria to improve future deal sourcing. For example, uncovering that deals sourced from a particular broker frequently die might indicate the need to strengthen relationships with other brokers that source more lucrative deals.

2. You Need a More Rigorous Deal Evaluation Process

The majority of your deals are bound to die as they progress through the funnel. When a high percentage of deals die in a certain stage, though, don’t scream bloody murder.

Dead deal analysis reports can also help your firm to assess where additional rigor might be needed throughout the evaluation process. If a significant number of deals die due to surprises that surface in diligence, for example, then it might indicate a need to surface financial risk earlier on by adding rigor during screening. Tracking when deals die (and if there’s a shared reason) can highlight where–and why–your evaluation process needs strengthening.

3. Market Conditions Are Changing

Don’t scream like a banshee when your late-stage pipeline starts to feel like a ghost town.

Dead deal analysis reports also provide a unique lens into broader market trends, such as valuations, cap rates, and other metrics. Material changes in deal flow patterns can be a telling signal of evolving market conditions. 

If your firm is closing fewer deals than in recent history, look to other sources of truth to better understand recent trends. For example, try validating this analysis by viewing cap rates over time in the same submarket across a cohort of deals in Dealpath.

4. Past Deals May Be Ready for a Follow-Up

Is it time to raise a particular deal from the dead?

Auditing dead deal reports can surface opportunities to revive a deal as conditions change. For example, if the office sector improves performance in suburban markets,a dead deal might be worth reconsidering. Dead deals in Dealpath carry the unique benefit of a historical record, meaning your team can kickstart outreach and re-evaluation with a wealth of existing information.

After all, your next lucrative deal could be one buried deep in the graveyard.

5. Close Rates in Particular Submarkets

You don’t need a ouija board to learn how your firm can close more deals. Instead, simply monitor your close rate in key target markets on a dead deal report. 

Tracking your pipeline in a centralized, cloud-based system creates a record of every deal you review, including the percentage that ultimately close. A high close rate might indicate that it makes sense to source more deals in that particular submarket. Conversely, a low close rate might trigger a shift in strategy or resource allocation.

Benchmarking close rate for each stage of your pipeline can reveal where deals are stalling out. After discovering initial benchmarks, set a target close rate, diligently track it, and evaluate steps to align conversion rates to your targets through each stage. 

An objective close rate is vital for keeping your deal sourcing and evaluation process sharply focused.

17 CRE Investment Questions Your Data Can (Finally) Answer

To outperform the competition and move at digital speed, real estate investment managers must make decisions that are grounded in–not simply supported by–data.

Download our white paper to learn just a few examples of how CRE investment managers can turn data into answers with unprecedented speed, precision and scale with deal management software.

The post Night of the Living Data: 5 Dead Deal Report Insights appeared first on Dealpath.

Before you can prioritize the most work on your plate, you need to know which deals require your attention. However, without the right information, prioritizing can become a task in and of itself.

Dealpath’s custom notifications feature allows you to easily stay up-to-date on every new deal, update and task that matters–potentially eliminating meetings while reducing manual communication. Read on to learn how your firm can automate communications and boost team-wide transparency with custom notifications in Dealpath.

Custom Notifications: A Smarter Way to Notify Team Members of Deal Progression

Staying abreast of real-time deal updates is the only way to tackle high-priority deals at the earliest opportunity or inform your work based on deal progress. Now, you can receive actionable updates on critical deals directly from your inbox. 

Custom notifications in Dealpath will alert you of important progress on deals that matter to you based on defined criteria. Whenever a deal reaches a certain stage or meets other criteria, you’ll receive an email notification. 

5 Ways You Can Skip Meetings and Eliminate Emails With Custom Notifications

Automating deal notifications further reduces manual communication and meeting cadences, bringing even greater efficiencies to your team. Instead of emailing, or even commenting, you can simply push deals through workflows based on your pipeline processes, with confidence that the alert will reach the right team member.

1. Alert Team Members When It’s Time to Start Working Deals

As an acquisitions associate, for example, you may not need to see live updates for every file uploaded during underwriting. You would, however, want to know when underwriting is complete and the deal is ready for a more thorough evaluation. Similarly, the VP of Acquisitions may want to know precisely when an associate has finished writing the IC memo. 

Now, team members can opt to receive push notifications as these milestones are completed, avoiding manual communication and unnecessary delays.

2. Surface New Opportunities Matching Certain Criteria to Stakeholders

Beyond milestone alerts, custom notifications also enable stakeholders within your firm to stay up-to-date on certain types of deals. For example, a Chief Investment Officer may only want early-stage updates on deals in highly competitive verticals, like industrial. Custom notifications ensure that stakeholders are aware of any new opportunities they might consider noteworthy. 

Or, an Investment Committee member might want to know if a deal of a certain size reaches the LOI stage. Additionally, fund managers are naturally eager to see which deals are allocated to their funds.

3. Notify Stakeholders When Critical Dates Are 30 Days Away

As certain critical dates approach, stakeholders will want to ensure that execution is on track. Receiving an alert 30 days prior to, for example, the construction start date, offers enough time to check in on the deal or project status, reallocate resources to meet deadlines, and simply stay apprised of progress. 

Now, deal teams can receive these updates in real time, preventing the need for protracted project update meetings–and accelerating responses to real–time changes.

4. The Closing Date (or Another Critical Date) Changes 

Similarly, changes in critical dates could indicate a priority shift for both team members and stakeholders. For example, a change in the closing date on one particular deal might cause certain deal team members to shift their focus to another deal. To remain aligned, deal team members may need to communicate that update to third parties.

In other cases, critical date change notifications might inform a stakeholder that the closing is off schedule, thereby changing a recently updated capital deployment forecast. Consequently, stakeholders would receive these updates without waiting for a pipeline update.

5. Instantly Know When a Deal Closes

Finally, receiving a custom notification of a deal closing can streamline multiple communication channels for deal teams. 

First, accounting teams can make changes to reconcile their systems based on the closing, like updating their ERP with new building information. Deal team leaders can celebrate their successes, while turning their attention to the next highest priority. Once the transaction closes, senior management can provide capital deployment updates to investors. Senior management can also provide updates to investors about capital deployment and closed transactions.

How It Works: Configure Rules Based on Deal Stage & Other Custom Fields

Custom notifications can be configured via rules based on the deal type, deal status or any other field you may want to track. The subject line and email content can be customized to help stakeholders instantly view updates on critical deals directly from their inboxes.

Learn More About Custom Notifications

If your firm is already managing its pipeline on Dealpath, please reach out to your customer success manager to learn more about configuring this new feature.

To learn more about custom notifications and other ways your deal team can build efficiencies in Dealpath, request a demo.

The post 5 Ways to Eliminate Emails and Skip Meetings With Custom Notifications appeared first on Dealpath.

Creating documents like investment memos and commitment letters is an essential part of the day-to-day work of commercial real estate investment and development firms. From sharing data to formalizing a loan agreement, these documents are often requirements for executing on next steps.

We’re excited to introduce Dealpath for Word, a powerful add-in for Dealpath users, available for free in the Microsoft store. This add-in helps you create on-brand documents while automatically pulling in Dealpath data, without spending time on manual entry or double-checking accuracy.

Document Creation Is Consuming Your Team’s Valuable Time

Whether you are acquiring industrial properties, developing affordable housing or originating debt, we know from our years working with both large and small commercial real estate teams that the need to generate documents is universal. 

For example, most teams have a deal summary template to present information about a deal either internally or externally. It may be an investment committee memo, a one-pager, or something you call a two-pager–which might actually be five pages. In any case, document creation can be time-consuming, especially when adhering to brand guidelines or investor formatting expectations.

Many teams save time by creating templates in Word that can be reused whenever a certain document needs to be produced and tweaked to the specifics of each deal. But those templates still require someone to manually key in deal and property data and double-check it for accuracy, adding time and tedium to the process.

Now, there’s a better way to quickly–and accurately–create documents essential to your firm’s process.

Accuracy Is Essential to Creating Effective Documents

The Dealpath Word Add-in lets you skip the manual data entry and focus on getting essential documents into the hands of those who need them. Enhance the templates you already use by adding placeholder variables, which will pull data directly from your team’s source of truth. With just a few clicks, you can select a deal or a property, replacing those placeholders with the most up-to-date information from Dealpath.

Let’s say your Investment Committee Memo includes sections for key financial information or projections such as:

• Asking Price
• Offer Price
• Interest Rate 
• Closing Costs
• IRR
• NOI
• LTV 

The Dealpath Word Add-in pulls these data points into your template instantly. Now, you can focus on more subjective factors, like summarizing the strengths, weaknesses, location, history and tenancy of a property. You could even add a table to pull in relevant ESRI demographic data, such as daytime population or average household income, directly from Dealpath to illustrate the qualities of the local market.

Even if you’re working on a simpler document like a commitment letter or purchase and sale agreement, leveraging templates can mitigate risk and expedite approvals. With the Word Add-in, you can ensure details like the property address, critical dates, seller and broker information are accurately pulled in directly from Dealpath. From there, you could use a separate e-signature add-in to further streamline your process and get critical documents out for approval even faster.

The Dealpath Word Add-In also verifies all pertinent information is available, ensuring no data slips through the cracks. Any fields in your template without a corresponding value in Dealpath will be flagged for your review before any data is imported.

5 Documents You Can Rapidly Create With Dealpath for Word

Dealpath for Word can be used to create any document throughout the deal lifecycle, including common examples such as:

1. Letter of Intent: Initiate new transactions by outlining terms and paving the way for future steps
2. Investment Committee Memo: Compel the IC to move forward on deals with clear data about risk, returns and contextual market and transaction information
3. Commitment Letter: Ensure all parties are agreed on terms like the loan amount and interest rate so you can move forward with proposed financing
4. Purchase and Sale Agreement: Maintain deal momentum by quickly drafting a PSA that includes all relevant property and transaction details, as well as seller contact information
5. Cover Letters: Whether it’s for a project plan, an RFP or a closing binder, quickly create a cover letter that has all the pertinent property information

Internally and externally, Dealpath for Word helps your deal team to rapidly fill in the blanks on frequently used templates so teams can get back to the work that matters most.

Professional Documents Give You a Competitive Advantage

Sharing professional documents with partners, investors and other third parties bolsters your firm’s brand–particularly in today’s highly competitive real estate market. Deal documents should always adhere to your brand guidelines, including the company colors and logos that distinguish your organization. Word is a great tool for ensuring this brand consistency, and the Dealpath Add-in helps you take your templates to the next level with instantaneous data transfer.

Learn More About the Dealpath Word Add-in

If your firm is already managing its deal pipeline in Dealpath, reach out to your Customer Success Manager to learn more about the Add-in and receive guidance on creating document templates.

To learn more about Dealpath for Word and why leading commercial real estate teams select Dealpath as their deal management platform of choice, request a demo.

The post 5 Real Estate Documents You Can Streamline With Dealpath for Word appeared first on Dealpath.

Dealpath, real estate’s most trusted deal management platform, offers firmwide, real-time visibility into the latest pipeline updates. Consequently, deal teams can simplify discussions by recording and clearly visualizing relevant details. Read on to learn how deal teams can expedite or eliminate pipeline, critical date and due diligence meetings on Dealpath.

Single Source of Truth: Giving Deal Teams the Visibility They Need

As your firm ingests, manages and executes on deals in its Dealpath pipeline, all corresponding data, documents, comments, task notes and other details are logged for posterity. Clear, real-time visibility into the latest updates allows anyone in your firm to view updates–or even receive notifications about noteworthy changes.

Managing your deal pipeline in one source of truth creates powerful efficiencies, affording your team the opportunity to hold productive and actionable conversations based on real-time data and information, instead of “circling back”. Centralizing this information could save your team hours of time spent on admin work and meetings on a weekly basis.

1. Run Your Pipeline Meetings on Dealpath

It’s not easy to hold a pipeline meeting when your deal team scrambles to update a team-wide spreadsheet, only to leave on a note of uncertainty. Dealpath’s pipeline reporting enables firms to hold focused, productive conversations based on real-time, centralized information.

As team members update deals in Dealpath, relevant information is captured in real-time reports. During pipeline meetings, your team can simply present that report and discuss updates, like financials, deal execution and critical dates.

Deal teams can even zoom into specific markets, deals of a certain size or stage to better visualize this information. Consequently, management and senior leadership can more confidently project closing timelines, or even create agendas within Dealpath about talking points for Investment Committee meetings.

Running your pipeline meetings on Dealpath empowers your team to make faster, more confident decisions based on clearer, more accurate data, so you can follow up immediately and evaluate more deals.

2. Eliminate Due Diligence Tracking Meetings with Dealpath

Painstakingly reviewing every due diligence checklist item for late-stage deals is no longer a necessary evil. Tracking due diligence checklist items in Dealpath, deal teams can collaborate in lockstep, offering real-time visibility to both team members and senior management.

Dealpath’s task management and workflows enable streamlined, flawless execution, from initially sourcing the deal through due diligence and closing. As deal team members collaborate to complete checklist items, managers and executives can view progress on transaction workflows in full detail. Configuring custom notifications in Dealpath even allows specific team members to receive notifications about relevant updates throughout execution.

Anyone who is curious about site inspections or contracts can simply pull up the deal in Dealpath, rather than finding “that” spreadsheet or waiting for the next DD meeting. All commentary, documents, and other details are visible in this single source of truth, which will remain intact long after the deal closes or employees leave. With all relevant information in one place, deal teams can remain on-track and accelerate closings.

3. Run Critical Date Tracking Meetings on Dealpath

Missed critical dates can be costly, whether your firm must pay fees, suffer the opportunity costs of a delayed deal, or–in a worst-case-scenario–lose to the competition. Managing your deals in Dealpath offers the opportunity to add critical dates to every deal, so your firm is always prioritizing the right deals. 

Pulling a report of all deals based on critical dates provides all the information your firm needs to quickly discuss these timelines. Depending on your firm’s priorities, you can examine this from a 40,000 foot view, or dive into the weeds of discussing next steps on high-impact deals. If timelines have changed, deal team members can dynamically shift that date and all dependent dates in one click, preventing the need to manually account for delays. One way to ensure that all team members abide by this process is making dates a required field across your pipeline.

After reviewing critical dates, your firm can reassign work as needed to prioritize the most profitable opportunities. 

Leading With Data: 3 Reporting Tips to Fuel Your Digital Deal Advantage

With all your pipeline data and information in one centralized source of truth, your firm can prioritize evaluating more deals and executing the most profitable ones. Watch the webinar to learn about the 6 reports your firm can review weekly to uncover the most profitable opportunities and grow exponentially.

The post 3 Meetings Your Firm Can Run (Or Eliminate) With Dealpath appeared first on Dealpath.

With Dealpath Mobile, your entire organization can accelerate deal flow with data at its fingertips. 

Manage Your Pipeline Wherever You Are

Dealpath Mobile will bring all of the deal pipeline management tools from our cloud-based platform directly to your phone. Now, you can manage your pipeline wherever you are. 

From the newly revamped mobile app, you can review your full pipeline and stay up-to-date on the newest opportunities. Tracking progress in real time means that you can stay alert of recent updates, reference documentation and read ongoing deal commentary–all from your phone. For example, you can simply search a keyword to show an OM to a key stakeholder instantly.

As deals progress from stages like underwriting to evaluation, you can assign new tasks so that deal team members can begin execution immediately. When tasks are outstanding or details outdated, request updated information from internal and external team members. Managers, deal team leaders and other key stakeholders can even approve tasks like updated purchase agreements, contracts and more. For a more holistic glimpse into deal progress, zoom out to view the full details of transaction workflows. 

Seamless, centralized communication ensures that your team can respond to new opportunities in real time and close the most profitable opportunities.

Data At Your Fingertips—Literally

Dealpath Mobile will put data at your fingertips, in your back pocket, and wherever you go. You can screen deals, access all key asset and underwriting information, audit pipeline performance, and view any other investment information or reporting required to make informed decisions.

When a profitable new opportunity hits the market, there’s no time to waste. Instant access to real-time real estate information means that you’re equipped to screen, analyze and evaluate deals on the go. Once a new deal enters your pipeline, you can pinpoint relevant comps for financial benchmarks on a given deal. If a deal you’ve previously evaluated re-enters your pipeline, pull up the historical record in seconds to understand vital context on why it died.

Beyond evaluations, Dealpath Mobile will also enable your firm to seamlessly communicate deal information. Whether you’re in the boardroom, at a dinner or in a car, you can validate investment hypotheses to the IC in just a few taps. Rather than circling back via email, propose an off-market deal on the spot at your next networking event by showing photos, the location, comps and other details with the app.

Add and Update Deals from the Field, Airport or on the Ride Home

With your investment command center in your pocket, you can create and update deals from anywhere–even the field. Why wait if you can upload information about a deal on the spot?

For example, during your next site visit, create a deal that includes all relevant pictures while touring the lot using the app. You can even drop a pin or auto-populate the site’s coordinates, ensuring the precise location is tracked appropriately. Using the speech-to-text feature, log notes about the property, such as:

• The property’s size, layout, age and style
• Special amenities
• Proximity to local points of interest like schools, public transportation and more
• Potential issues, concerns, or necessary renovations

Without skipping a beat, streamline deal execution by assigning tasks to deal team members or adding commentary right away.

Learn More About Dealpath Mobile

If your firm currently manages its pipeline on Dealpath, download the mobile app to get started. Or, reach out to your Customer Success Manager for more information.

To learn why 7 of the top 10 institutional investors choose Dealpath for real estate deal management, schedule a demo.

The post Introducing Dealpath Mobile: Manage Your Deals On The Go appeared first on Dealpath.

We’re thrilled to introduce Dealpath’s Power Search, which adds powerful new search capabilities that will help dealmakers and their teams comb through deals, files, tasks and contacts in Dealpath to find the exact information they are looking for in seconds. With Power Search, everything that was once frustratingly unsearchable or time-consuming to find is now at your fingertips. 

Power Search: The Fastest & Most Precise Search in Deal Management 

Power Search will deliver an even more seamless experience for deal teams managing their pipelines in Dealpath, helping them access data and information stored in their databases in seconds. For example, you may not remember which OM contained a deal with a tennis court. Simply searching “tennis court” in Dealpath will instantly surface the file you’re looking for. 

Dealpath’s search bar will now display results that match keywords within:

• Word, Excel, PowerPoint and PDF files, as well as other file types
• Image files and scanned files such as deal flyers, IC memos and more
• The deal’s location (street address, city, state, region, etc)
• The name of a task or assignee
• Comments left by you or a team member within a specific deal or task
• And more!

While it was always possible to find deals based on the deal’s name or address in Dealpath, Power Search will make this process even more seamless. This new search functionality will also generate more specific results that are better aligned to the keywords you search and your goals in searching for them. Now, all of the deals, tasks, contacts and files you’ve ever added to Dealpath are only a quick keyword search away. 

How Power Search Works in Dealpath

Dealpath’s search bar now functions like your favorite search engine, serving even more precise results faster than ever.

You can now search keywords related to any deal, task, file or contact attribute, including:

• Property type or region, like “multifamily high-rise apartments” or “Portland Metro”
• Task names, like “submit letter of intent” or “marshland”
• Task assignees, like the name of an analyst or a specific environmental consultant assigned to that deal
• Comments left on a deal or task by you or another team member, such as “update based on latest reports”
• Deal flyers, letters of intent, IC memos and any other PDF or image files, such as “earnest money” or deal-specific phrases like “wildfire risk”

Powerful search capabilities ensure that you can easily find the information you’re looking for, even, for example, by entering fragments of information that you remember from deal documentation.

After entering a query, the search bar will display a “quick results” dropdown showing the first several results matching your search terms. This dropdown will highlight which attribute matches your search query, helping you pinpoint the exact information you’re searching for faster. You can also click to view the full results page, which includes contextual details about the deal, contact, task or file. You can even choose to filter for specific types of results, like deals or contacts.

Powerful Search Tools to Find Powerful Data and Information 

Dealpath’s robust search functionality will empower deal teams of all sizes to more nimbly manage their pipelines, building even greater operational efficiencies. As you complete tasks, receive updates or need to research historical information, you can now find deals, tasks, files and contacts in seconds. 

Seamless access to these records ensures that deal teams of all sizes can manage their workflows with greater speed and precision, creating an even more scalable process.

Learn More About Power Search

If your firm is already managing its deal pipeline in Dealpath, reach out to your Customer Success Manager to learn more about these recent enhancements.

To learn more about Power Search and why leading institutional investors select Dealpath as their deal management platform of choice, request a demo.

The post Introducing Power Search: Find Deal Information Faster & More Precisely appeared first on Dealpath.

As our partnership with NavigatorCRE evolves, Dealpath customers will be able to more fully inform their investment, portfolio and asset management strategies with data collected throughout the asset lifecycle, empowering a more holistic approach.

Uniting Owned Asset and Pipeline Data to Maximize Portfolio Value

Turning data into answers is the challenge that all real estate investment professionals face on a daily basis. Disparate data, spread across functional silos, can only yield a fragment of its potential value. Syncing pipeline data from Dealpath with other proprietary portfolio data sets in NavigatorCRE will unlock new opportunities to strengthen investment decisions through more informed underwriting assumptions, while also streamlining acquisition workflows. 

Connecting data sets in a seamless and scalable way presents boundless potential, particularly as economies of scale drive investors to scale deal flow and transactional activity. This new level of transparency will empower deal teams to nimbly adapt acquisition, disposition, development and debt strategies based on asset performance and portfolio data available in NavigatorCRE. 

Visualizing Pipeline Data Alongside Owned Portfolio Data in NavigatorCRE

Understanding projected asset performance is vital to maximizing portfolio value and optimizing ongoing operations. Feeding pipeline data from Dealpath into NavigatorCRE will complement existing accounting, leasing, valuation and sustainability information available in the platform, creating a clearer and more complete view of your assets throughout each respective stage. Closing the loop on data collected throughout the asset lifecycle will empower stakeholders across the business to act with greater speed, precision and conviction. 

For example, this transparency will enable portfolio management teams to reconsider owned asset strategies based on current market opportunities. Additionally, real-time visibility into acquisition pipelines will help portfolio management teams to better plan for upcoming capital requirements and anticipate fund allocation impacts.

Outperform the Competition With Real-Time Pipeline and Portfolio Visibility

In a competitive landscape where speed is key to capitalizing on time-sensitive investment opportunities, centralized and structured data is the only way to fuel strategic portfolio growth at scale.

We are committed to continual improvement of Dealpath’s ‘Investment Command Center’, creating even greater value for our institutional clients as the single source of truth for investment decisions. As the proptech ecosystem matures, we look forward to adding additional integration opportunities and developing new industry partnerships that deliver value for our clients. 

The post Announcing Dealpath’s Strategic Partnership With NavigatorCRE appeared first on Dealpath.