Case Study: Confluence Companies closes a $22M construction loan in under 45 days with ProDeal

Confluence Companies closes a $22M construction loan in under 45 days with ProDeal

Confluence Companies, a Colorado multifamily developer, faced challenges with high legal bills and slow closings due to the complexity of managing due diligence and documents across numerous stakeholders and data rooms. They sought a technological solution from ProDeal to streamline the process without requiring their partners to learn a new, time-consuming system.

Using ProDeal to manage all due diligence, legal documents, and checklists, Confluence Companies closed a $22 million construction loan for a 168-unit project in under 45 days, ahead of schedule. The solution provided by ProDeal significantly reduced their legal fees by centralizing all deal information and has since become their standard deal management tool.

Confluence Companies