Dealpath opens T.O. office to expand Canadian client base

IMAGE: Dealpath co-founder and chief executive officer Mike Sroka. (Courtesy Dealpath)

Dealpath co-founder and chief executive officer Mike Sroka. (Courtesy Dealpath)

Dealpath, a cloud-based real estate investment management platform, has added a Toronto office to its existing dual headquarters in New York City and San Francisco.

“We are building out this command centre that provides centralized data that’s globally accessible and high-performing,” Dealpath co-founder and chief executive officer Mike Sroka told RENX. “We provide flexible workflows that enable teams to work effectively from wherever they might be working and provide the enterprise data security that these leading institutions require.

“We believe that investment decision glory is when these investment managers can see the performance of their portfolio in real time, overlaid with every opportunity that they’re seeing in the market and the comps of every asset and deal they’ve ever looked at or worked on.”

The Toronto office is led by strategic account director Stephanie Gaty, who joined Dealpath in May after nearly three years as a senior sales executive at CoStar Group. The McGill University and New York University graduate previously had roles at Altus Group and AP Capital.

Dealpath is in the midst of hiring people for a number of different roles in the Toronto office, located at 240 Richmond St. W.

Toronto a “key market” for Dealpath

The location will assist Dealpath in expanding its Canadian client base, tap into Toronto’s hub of skilled talent and provide access to core institutional capital invested in real assets.

“We’ve always viewed Toronto as one of our key markets,” said Sroka. “We view it as a global office not just for Canada, but for our broader business.”

The firm’s Canadian clients include Oxford Properties, First Capital, Fiera Real Estate, Manulife Investment Management, Healthcare of Ontario Pension Plan, CentreCourt Developments, Hopewell Development, Crestpoint Real Estate Investments and Le Groupe Maurice.

IMAGE: Strategic account director Stephanie Gaty heads up Dealpath's new Toronto office. (Courtesy Dealpath)

Strategic account director Stephanie Gaty heads up Dealpath’s new Toronto office. (Courtesy Dealpath)

Dealpath was founded in March 2014 and provides a platform for clients to operate at scale with speed and precision to deliver optimal risk-adjusted returns.

Commercial real estate uses decentralized data, which can be timely and costly to access from different sources, to compile and glean insights. Dealpath helps real estate private equity firms, public and private real estate investment trusts, banks, life insurance companies and specialty lenders accomplish this so they can make informed acquisition, development and financing decisions.

Dealpath offers its services under annual and multi-year contracts comprised of per-user subscription fees and a one-time implementation fee.

The company says it has supported more than $10 trillion in transactions globally, with international customers including Blackstone, Nuveen, AEW, Principal Real Estate, MetLife and Bridge Investment Group.

Dealpath has been financed by a combination of venture capital firms, including 8VC and Greensoil PropTech Ventures, as well as strategic real estate operators, including Blackstone and JLL.

The company isn’t just expanding in Canada.

“We’re really excited to be on a growth trajectory and trying to build out our teams and programs to support a broader business,” said Sroka. “We have been experiencing strong growth and see an enormous opportunity in front of us.”



Steve is a veteran writer, reporter, editor and communications specialist whose work has appeared in a wide variety of print and online outlets. He’s the author of the book Hot…

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Steve is a veteran writer, reporter, editor and communications specialist whose work has appeared in a wide variety of print and online outlets. He’s the author of the book Hot…

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