NEW YORK–(BUSINESS WIRE)–February 10, 2022–
Nuveen Real Estate, one of the world’s largest investment managers with over $144 billion in assets under management, announced the selection of Dealpath, the industry’s most trusted and specialized real estate investment platform , as a multi-industry global contract management solutions.
“We are excited to partner with Dealpath on our global real estate portfolio as it will enable us to scale our business very effectively and enable our teams to drive growth for all of our stakeholders,” said Mike Sales, CEO of Nuveen Real Assets.
Nuveen Real Estate’s investment team of over 300 employees will leverage the new platform for its global deal management pipeline spanning multiple industries and geographies. Dealpath’s single cloud repository for transaction data, documents and market data sources will accelerate Nuveen’s digital and cloud migration strategies. Dealpath will optimize Nuveen’s ability to reduce data entry and processing time, increase trading volume, and deliver powerful data-driven insights to support Nuveen’s investment strategies.
“Our technology and data strategy is focused on enabling growth in line with our products and services, consolidating our data assets for the future, and driving operational efficiencies across the business,” said Chris Zissis, global head of technology at Nuveen Real Assets. “We are delighted that Dealpath is reinvigorating our strategy and empowering all colleagues to provide our investors with diversification, income and long-term capital growth in line with our philosophy of sustainable investing.”
“Our partnership with Nuveen, one of the largest and most important real estate investors in the world, demonstrates our shared vision for the present and the future of investment processes,” said Mike Sroka, CEO and co-founder of Dealpath. . “The ability to leverage real-time data, insights, and collaboration across teams, at scale, is no longer a wish, but an essential necessity.”
Starting with the initial deal pipeline and underwriting through to portfolio management decisions, Dealpath serves as the command center, providing verified information and configurable workflows that have associated tasks, files and communications, powering data-driven analysis to achieve optimal risk-adjusted returns. To date, Dealpath has supported over $10 trillion in transactions worldwide.
Protected by institutional-grade data security, including maintaining SOC 2 Type 2 certification and compliance, Dealpath enables investment managers to operate at scale with speed and accuracy through easy access to data and effective internal and external collaboration between teams, partners and systems.
Dealpath is the industry’s most trusted cloud-based real estate investment platform, providing real-time access to verified, secure, and up-to-date investment data to empower collaboration and strategic, predictive decisions. Investment and development firms use Dealpath as a command center for intelligent pipeline tracking, powerful deal analytics, and collaborative workflows, maximizing performance from pipeline to portfolio management. Founded in 2014, Dealpath has backed over $10 trillion in deals with top-tier institutions around the world.
Nuveen Real Estate is one of the largest investment managers in the world with $144 billion in assets under management.
Managing a suite of funds and mandates, across public and private investments, and covering both debt and equity in various geographies and investment styles, we provide access to all aspects of real estate investing.
With over 85 years of real estate investing experience and over 660 employees* across 30 cities in the US, Europe and Asia-Pacific, the platform offers unparalleled geographic reach combined with deep industry expertise .
*Includes over 330 real estate investment professionals, supported by over 330 Nuveen employees.
Source: Nuveen, September 30, 2021.
CONTACT: Elise Szwajkowski Marino
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: COMMERCIAL BUILDING AND REAL ESTATE CONSTRUCTION AND REAL ESTATE TECHNOLOGY OTHER TECHNOLOGIES NETWORKS SOFTWARE OTHER CONSTRUCTION AND REAL ESTATE DATA MANAGEMENT RESIDENTIAL BUILDING AND REAL ESTATE
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PUBLISHED: 02/10/2022 09:00 AM/DISC: 02/10/2022 09:02 AM