Case Study: Dermody Properties grows AUM 400% over three years on Dealpath
Key results
The challenge
As Dermody Properties scaled its pipeline and funds, deal information was distributed by email or overnight mail, creating a risk of teams working from outdated details. Preparing Investment Committee presentations meant gathering cap rates, comparables, images and documents from scattered folders and drives.
The solution
Dermody Properties implemented Dealpath's deal management platform to centralize deal information, provide real-time access to vetted data, and standardize workflows. This gave the team a single, current record for reviewing opportunities and preparing Investment Committee materials.
“The platform enabled us to make decisions based on real-time data all in one place, instead of relying on potentially outdated information.”
CKCasey KreckExecutive Vice President of Finance, Dermody Properties
The results, in context
In the three-year period after implementing Dealpath, Dermody Properties grew its portfolio of assets under management by 400%. The firm streamlined its deal screening process from as long as a few days to as little as a few minutes, allowing it to review more deals while reducing the need to hire analysts in proportion with that growth.