Dealpath was carefully selected as a winner by the #RETAS elite panel of judges, including the leading VCs, angel investors and corporate investors and thought leaders in the commercial real estate tech industry.

Sponsored by JLL Technologies, the Real Estate Tech Awards (#RETAS) are the leading international award honoring excellence in commercial real estate tech. The awards recognize the most cutting-edge companies who have played an integral role in advancing tech in the industry throughout the year. Backed by the leading VCs, angel investors, corporate investors and thought leaders in the commercial real estate tech industry, the awards were open to
startups or technology companies servicing the industry.

Currently, hundreds of top investment management firms use Dealpath as their deal management platform such as Blackstone, Bridge Investment Group, Oxford Property Group, UBS Realty and Manulife. Every deal sourced, evaluated and executed by these firms is managed on Dealpath, with Dealpath being utilized as their system of record and their platform for generating investment analysis and investment decisions. Dealpath clients are benefiting from immediate returns and proven results including an average ROI of 475 percent, 20 percent more deals evaluated, 30 percent fewer errors in underwriting and due diligence, a 50 percent increase in weekly productivity and a 60 percent lift in employee satisfaction.

“We’re thrilled to be recognized as the leading investment solution for the commercial real estate industry as a part of CREtech’s Real Estate Tech Awards,” said Mike Sroka, Dealpath’s CEO and Co-Founder. “While 2020 has brought its challenges, it has also cemented our mission to offer collaborative, cloud-based tools that empower real estate professionals. I’m proud to know that Dealpath and our tremendous team have been acknowledged as leaders as we work to offer consumer-grade user experience while also defining the level of feature sophistication real estate investment professionals need to get their jobs done more efficiently and effectively.”

For more information about the Real Estate Tech Awards, click here.

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Here’s a quick recap of the most memorable milestones for Dealpath in 2017:

First CRE platform to get listed on the Microsoft Azure Marketplace

Firms are actively looking for new ways to find, evaluate, and adopt CRE technology, and the Azure Marketplace is becoming a popular place for developers to build and distribute their software services. The addition of Dealpath to the platform is a testament to the growing demand for CRE technology and deal management solutions.  

High-profile firms adopted Dealpath

Deal management software is gaining momentum with investors and developers across the country. In 2017, we began working with several firms on the PERE Top 50 list, as well as members from ICSC and ULI.

Dealpath launched Single Sign-on and an Integration Manager

In a year full of product updates, perhaps the most significant was the launch of the new integration manager and single sign-on functionality. The upgrades help to optimize Dealpath for enterprise-level businesses, while adding additional layers of security and improving the end-user experience.

Dealpath established its new headquarters

Dealpath had a CRE transaction of its own in 2017 — we relocated our headquarters to a newly refurbished office space in San Francisco’s Financial District. At three times the size of the previous headquarters, the new office will make room for Dealpath’s rapidly growing team in 2018.

Dealpath garnered national media coverage

Dealpath’s results and proven technology have turned heads in the media. Especially in the latter half of 2017, the press took notice of Dealpath’s growth and product updates in several high-profile articles. Most notably, Dealpath’s growth was featured in a Globest.com exclusive, Bisnow published its “Beginner’s Guide to CRE Tech” and highlighted Dealpath throughout the series, and CEO Mike Sroka made five bold predictions to Forbes.

It’s been an action-packed year for Dealpath in 2017, and we couldn’t be more excited for what awaits us in 2018.

The post Dealpath in 2017: A Year in Review appeared first on Dealpath.

Commercial real estate deal management is a highly partisan issue in the 2016 election season. This issue is not between Democrats, Republicans or Libertarians, but make no mistake, it’s decision time and the stakes are high in the $15 trillion CRE industry. A new guard is driving change with innovative processes and tools powering effectiveness into the future.

Today we’re excited to launch Dealpath, a new software platform built for commercial real estate investment and development in the Internet Age.

Dealpath’s smart, intuitive and powerful software is designed to streamline deal management and help CRE professionals make the best investment decisions on their acquisitions, development projects, financings and dispositions.

To date, these valuable, time-sensitive transactions have been executed by a lot of people needing to exchange and understand information without specialized solutions or a standard way of doing things. They’ve managed by cobbling together a variety of different tools that were not designed for these challenges such as word document checklists of tasks, virtual data rooms, and lots and lots of email.

Dealpath is a cloud-based platform that automatically collects and organizes deal data. It enables users to efficiently distribute and track work both within their own firm and with external partners. Customizable reporting provides visibility and valuable insights into the deal pipeline that can also be exported for presentation or additional analysis. Dealpath is an easy-to-use platform freeing professionals from the administrative details that elegant software should be doing for them.

Dealpath has been borne out of years of frustration about the inefficiencies and lack of specialized solutions for CRE deal teams. I started my career at a large real estate private equity firm where I experienced these issues firsthand, and I’ve continued to hear and see the same challenges being faced by former colleagues and friends. The enormous amount of time, money, and energy poured into deal management is not the highest and best use of a firm’s valuable resources nor is it the most effective way to accomplish this important work. We hear you and we know there is a better way.

We started Dealpath more than two years ago with a clear view of the challenges to solve and the opportunities to improve deal management and collaboration. We’ve worked with hundreds of teams to understand their priorities and pain points. A new generation of CRE investment professionals has significant and growing responsibilities in this critical part of our economy. An increasingly competitive and complex marketplace requires specialized platforms, tools and services to achieve optimal outcomes.

If you’re acquiring, developing, or financing commercial property, we’re committed to raising the bar to provide better services to you.

Let’s build *real* value,

Mike

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