Dealpath, the leading software solution for real estate investment and portfolio management, announced today that Manulife Investment Management has chosen Dealpath as its real estate deal management solution. Dealpath will provide its industry-leading software solution to manage the investment pipeline and streamline the acquisition and disposition process.
Manulife Investment Management’s Real Estate team will leverage Dealpath as their command center for smart pipeline tracking, powerful deal analytics and collaborative workflows empowering smart acquisition decisions, driving operational leverage and mitigating enterprise risk.
“Manulife Investment Management’s tech-forward and pragmatic approach to real estate is a perfect fit for leveraging the Dealpath platform and we’re thrilled to partner with them to deliver on their business objectives,” said Dealpath CEO Mike Sroka.
“Dealpath’s purpose-built platform and industry focus delivers a clear fit for the needs of our business,” said Pritesh Patel, Head of U.S. Real Estate Investments, for Manulife Investment Management.
“Leveraging the Dealpath platform, we now have a single source to manage all aspects of our investment process which provides us with the opportunity to evaluate and manage even more deals as we grow our portfolio,” said Gregory Sweeney, Head of Canadian Real Estate Investments, for Manulife Investment Management.
Manulife Investment Management joins an impressive growing roster of Dealpath clients based in Canada, including First Capital Realty, Dalfen, and Tricon, as well as globally with Blackstone, AEW, Bridge Investment Group and many more.
“In a rapidly evolving real estate industry, Dealpath offers the data-driven approach and collaborative platform that investment managers need now more than ever,” said Eric Wittman, chief growth officer, JLL Technologies. “JLL and numerous clients are already using Dealpath to improve the efficiency of evaluating, managing and completing transactions. We are pleased to see Manulife take the same step by selecting Dealpath to streamline its portfolio management.”
“We continue to be impressed by the value being achieved with Dealpath,” said Anvesh Rai at GreenSoil Investments, which is a strategic investor in Dealpath. “It feels like every day we’re talking about another big positive outcome with some of the largest and most sophisticated real estate firms in the world. Manulife is an iconic brand and highly respected organization. This is a great fit with Dealpath.”
Dealpath is a real estate industry’s leading cloud-based deal management platform. Investment and development firms leverage Dealpath as their command center for smart pipeline tracking, powerful deal analytics, and collaborative workflows. Founded in 2014, Dealpath has supported over $5 trillion in transactions with leading institutions across the world. For more information please visit our website at www.dealpath.com and follow Dealpath on Linkedin at https://www.linkedin.com/company/dealpath/.
About Manulife Investment Management’s Real Estate Platform
Manulife Investment Management’s comprehensive private markets platform includes Real Estate, Private Equity and Credit, Infrastructure, Timber and Agriculture. Through its Real Estate group, Manulife Investment Management develops and manages commercial real estate for thousands of customers around the globe. Its portfolio includes millions of square feet of office, industrial, retail and multifamily space strategically located in major metropolitan markets. The Real Estate group leverages its vertically integrated platform to serve its customers as well as manage the space requirements and corporate-use facilities for Manulife’s global operations.
As at March 31, 2020, the Real Estate portfolio totaled over 62 million square feet. Additional information can be found at www.manuliferealestate.com.
About Manulife Investment Management
Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than 150 years of financial stewardship to partner with clients across our institutional, retail, and retirement businesses globally. Our specialist approach to money management includes the highly differentiated strategies of our fixed-income, specialized equity, multi-asset solutions, and private markets teams—along with access to specialized, unaffiliated asset managers from around the world through our multimanager model. Our personalized, data-driven approach to retirement is focused on delivering financial wellness in retirement plans of all sizes to help plan participants and members retire with dignity.
Headquartered in Toronto, we operate as Manulife Investment Management throughout the world, with the exception of the United States, where the retail and retirement businesses operate as John Hancock Investment Management and John Hancock, respectively; and in Asia and Canada, where the retirement business operates as Manulife. Manulife Investment Management had CAD$879 billion (US$677 billion) in assets under management and administration.* Not all offerings are available in all jurisdictions. For additional information, please visit our website at manulifeinvestmentmgt.com.
* MFC financials. Global Wealth and Asset Management AUMA as of December 31, 2019, was CAD$879 billion and includes CAD$198 billion of assets managed on behalf of other segments and CAD$145 billion of assets under administration.