Qwincy Inc. has unveiled a new technology platform that redefines how private deals are shared and managed in commercial real estate. The new approach is called Collaborative Dealflow Management (CDM), a new category of software that blends private collaboration with live deal sharing in the real estate capital markets. The statement, “Never send a deal again,” highlights the distinction between the pervasive methods of “sending” versus Qwincy’s “sharing” functionality.
Traditionally, the real estate sector has heavily relied on sending email as the primary method for privately communicating opportunities. Online marketplaces have emerged to broadcast building sales, loan requests and equity raises; however, just like email, these methods leave prospects in an endless hunt through emails, messages, links, folders and websites. Qwincy seeks to end the mess of sifting through deals in different places so that fewer deals get overlooked.
Qwincy’s CDM platform introduces an intuitive feature dubbed as live “deal sharing,” eliminating the necessity for excessive messaging and reducing reliance on memory. Instead, it empowers users to seamlessly share and access any type of offering through their private Deal Feeds. Users can now effortlessly track deals and swiftly transition to private collaboration with a simple click. Early adopters of the technology include JLL’s New York Private Capital Markets Group.
The company offers free basic accounts for real estate professionals and advanced features for a subscription fee. Qwincy maintains an open-system approach and plans to make integrations and APIs available to the market. The company is also developing an AI layer, which will be integrated in the near future.
