Case Study: Avanath saves 5+ hours per week per person and closes $1B+ in 2021 with Dealpath
Key results
The challenge
Avanath needed to centralize data and modernize systems to deploy a newly raised $760 million equity fund within two years. Its existing Excel and project-management tools could not keep pace with the firm's increased deal activity.
The solution
Avanath selected Dealpath for its real estate focus, data centralization, and ease of use, enabling the Acquisitions team to report data and properties in a preferred format and generate company-wide pipeline reports at the click of a button.
“We closed and committed on over $1 billion in real estate in 2021, which was a record for Avanath.”
CMConnor MortlandDirector of Acquisitions, Avanath Capital Management
The results, in context
Dealpath saves Avanath over 5 hours of work every week per person, letting the Acquisitions team evaluate more properties. The firm closed and committed on over $1 billion in real estate in 2021, a company record, across a portfolio of 102 properties.