Denholtz Associates

CrowdStreet’s investment software enabled a 7x reduction in our closing timelines.

Steve Cassidy, President

The problem with their in-house solution was it required manual effort to solicit and promote investment offerings. The total transaction timeline required approximately two months from start to close, and accounted for a full 40% of the IRM team’s workload. With so much time dedicated to transaction management, Denholtz IRM staff had limited time for investor management and outreach efforts.

CrowdStreet’s software enabled a 7x reduction in our closing timelines.

Steve Cassidy, President

Denholz needed one platform to accelerate their fundraising process and improve ongoing investor reporting and document management. They also needed a solution to easily integrate with their existing systems and market to their pool of investors.

CrowdStreet has increased the efficiency of our IRM team by more than 30%.

Steve Cassidy, President

CrowdStreet has significantly streamlined the Denholtz investment process. The process from solicitation to funding used to take two months to complete; with CrowdStreet’s investment software, it can now be completed in as little as 24 hours. The impact on the IRM team’s workload has been similarly significant. Transaction processing that used to occupy 40% of the IRM team’s workload, now requires less than 20%. Denholtz’ IR manager reported “CrowdStreet has increased the transaction efficiency of our IRM team by more than 30%. We now have more time to focus on high-value efforts like investor outreach and support.”

It used to take weeks to get final docs and payments. The same process now takes 2 days.

Steve Cassidy, President

Bonus

The Rewards of Integrated Fundraising & IRM


In addition to improvements in the speed and efficiency of capital raising, Denholtz found CrowdStreet’s investment software a powerful tool for streamlining the rollover of existing investors into new investments.

It was this ability to seamlessly connect existing investors with new investment opportunities that was a game-changer for the company. Denholtz has previously looked at a number of standalone IRM solutions, while these solutions provided good post-funding management options, no other solution offered CrowdStreet’s unique ability to manage investors through every stage of the investment process, from solicitation, offer acceptance and transaction management, to ongoing reporting & communications, ultimate sale of the property and finally re-investment.

Download Case Study


About Denholtz

Denholtz Associates operates a diverse portfolio of office and industrial properties encompassing 30 properties across five states, more than 700 tenants, and almost 5 million square feet total. Since its inception in 1954, Denholtz Associates has grown into a highly experienced developer and a prolific real estate syndicator, maintaining an active high-net-worth investor network of over 500 investors.

denholtzassociates.com