Upon setting out to find a deal management solution, the team at Dermody Properties discovered Dealpath as an option that could support their ongoing growth through bespoke workflows, clear analytics, and real-time visibility, laying the groundwork for continued scalability.
“As a growing firm, Dealpath was a natural progression for our needs,” said Casey Kreck, Executive Vice President of Finance. “The platform enabled us to make decisions based on real-time data all in one place, instead of relying on potentially outdated information.”
Centralizing all of Dermody Properties’ deals in Dealpath programmatically built an ever-growing database of deal information, making their data a competitive advantage, particularly as the logistics vertical exploded during the eCommerce boom. Based on this real-time, vetted data and information, Dermody Properties streamlined their deal screening process from as long as a few days to as little as a few minutes, allowing them to quickly yet thoroughly vet opportunities and scale their pipeline by reviewing more deals. Dealpath also enabled them to better communicate deal information to investors.
“Dealpath centralizes all of the information we need to hold quick, efficient and thorough meetings to review deals with our executive team, regional partners and international investors,” said Timothy Walsh, Partner & Chief Investment Officer. “We can look at interior and aerial images of the building, due diligence checklists, surveys, environmental reports and other files. Using Dealpath, we can make important decisions on significant deals from the office, our homes, hotels, and even the front seat of a car because the platform allows us to easily communicate deal information that investors need to know.”