Qwincy launches private deal-sharing technology - Collaborative Dealflow Management
Manhattan, NY Qwincy, Inc. 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,” was in the event’s messaging in an effort to highlight 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 revolutionizes this process by introducing an intuitive feature dubbed as live ‘deal sharing.’ This innovation eradicates the necessity for excessive messaging and reduces 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.
Qwincy officially launched its CDM technology at an NYC State of the Market event, hosted by renowned power-broker, Bob Knakal, at Club 101 in Midtown Manhattan. At this event, Knakal shared invaluable insights into the current state of the real estate market.
Bob Knakal, a luminary in New York commercial real estate, currently leads JLL’s New York Private Capital Markets Group. Recognizing the pressing need for a platform like CDM, Knakal and his team have become early adopters of this technology, commencing at his market update event.
Knakal recently garnered attention with ‘The Knakal Map Room’ project, a meticulous effort to map the current state of development sites and potential in Manhattan. This ambitious initiative is the result of over 220 hours of fieldwork carried out by Knakal and his team during the quarantine of the COVID-19 pandemic.
Qwincy’s CDM platform is poised to reshape the landscape of commercial real estate. 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.