Thomas Byrne’s Appointment As Executive Director and Rob Cain’s As SVP of Product Comes On The Heels Of Dealpath’s Most Successful Year To-Date
Dealpath—the industry’s most trusted, purpose-built real estate investment management platform, empowering hundreds of today’s leading institutions such as Blackstone, Nuveen, AEW, Oxford Properties, Principal Real Estate, and Bridge Investment Group to invest in the built world—today announced that Thomas Byrne has been appointed Executive Director and will join the company’s Board of Directors and Rob Cain has been appointed Senior Vice President of Product. This news comes on the heels of Dealpath’s most successful year to-date with growing demand and momentum for its solutions.
“As two of today’s most accomplished real estate tech executives with proven track records in executing strategies that foster products, businesses, and teams that continue to revolutionize the industry, Rob and Tom will play pivotal roles in steering us through our next major phase of growth,” said Mike Sroka, CEO and Co-Founder of Dealpath and recent winner of GlobeSt’s CRE Tech Influencers. “As our company continues to grow at over 100-percent clip with powerful network effects, I could not be more excited for them to join our team and cement our vision of becoming the destination for the built world to transact digitally.”
Byrne joins Dealpath following key leadership roles at VTS, where he had most recently served as General Manager of Marketplaces and VTS Market. In this position, he helped shape the launch of VTS Market platform and managed the suite of marketing solutions that were in part the result of VTS’ acquisition of Property Capsule, where Byrne was previously CEO. Prior to VTS and PropertyCapsule, Byrne served as President and Chief Operating Officer of LoopNet for 10 years, one of the fastest-growing and the most profitable companies on the Nasdaq, before its strategic acquisition by CoStar in 2012 for $900M. Byrne has also held board and advisory positions with other leading proptech companies such as Homesnap, Crowdstreet, Rentlytics, and DotLoop. Byrne holds an MBA from Harvard Business School and a BS from Georgia Tech.
“I’m extremely honored and excited to be joining Dealpath, and look forward to working together with its exceptional team,” stated Byrne. “Dealpath has empowered its clients to leverage and manage deal data and processes to their highest advantage. It should not be the case that in today’s world, billion dollar investment decisions are made based upon disparate, outdated information. Dealpath ensures that its clients leverage their intellectual knowledge and data to make more informed decisions. Additionally, Dealpath has a very clear vision of the future of deal management, and is actively making it a crucial reality.”
Cain also brings to Dealpath over two decades of experience at the forefront of building solutions for the global real estate industry including nearly 10 years with CoStar, one of today’s leading providers of commercial real estate information, marketing, and technology. Most recently serving as Vice President of Product Design, Cain led the team responsible for numerous commercial information products within CoStar. Prior to his recent role at CoStar, Cain was General Manager of REApplications, a CRE software company he co-founded in 1998, later acquired by LoopNet in 2008. Additionally, Cain is one of the Founding Partners of Realcomm, CRE’s largest tech conference. Cain holds a BA from the University of California, San Diego.
“As someone who has dedicated their entire career to building technology solutions for commercial real estate professionals, Dealpath has emerged as a clear leader that is driving transformative change within the industry,” said Cain, Senior Vice President of Product at Dealpath. “Their people, their product, and their vision are unmatched and I’m thrilled to be a part of their journey as they achieve many new milestones.”
Since its inception in early 2014, Dealpath’s core mission has been to serve as the commercial real estate industry’s deal management command center. Throughout the course of 2021, the technology company has made significant, notable strides towards cementing that vision & accelerating its overall growth.
From pipeline through portfolio management, Dealpath is the single source of truth that provides vetted, real-time deal information, together with associated files and tasks, fueling data-driven analysis and decision to achieve optimal, risk-adjusted returns. To date, Dealpath has supported more than $10 trillion in transactions globally with hundreds of enterprise clients. Safeguarded, with institutional-level security, in compliance with SOC2 Type 2 certification, it enables investment firms to operate at scale with speed and precision through easy access to data and effective internal and external collaboration across teams, partners, and vendors. With off-the-shelf efficiency and ease-of-use that enables cross-functional teams to engage seamlessly with centralized data that updates in real-time from anywhere, it’s flexible in its configurability to meet workflows and specific team preferences. Designed from the ground-up as an open platform, Dealpath easily interacts and integrates with digital tools and systems in the modern real estate tech stack. Dealpath is built by CRE experts and is backed by leaders such as Blackstone, JLL, Nasdaq and 8VC.
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