Case Study: Silverstein Capital Partners streamlines a $528M Honolulu construction loan with ProDeal

Silverstein Capital Partners closes a $528M Honolulu construction loan in 12 months with ProDeal

Silverstein Capital Partners, a real estate lending enterprise, faced a significant challenge in managing the due diligence for a large $528 million Honolulu construction loan that took twelve months to close. Their traditional methods, like email, were inefficient for coordinating with the borrower and numerous third parties. They turned to ProDeal for a more streamlined way to handle document tracking and distribution.

Using ProDeal, the team created a centralized room to intake and track all due diligence, sending a virtual checklist to the borrower. This held all parties accountable and kept the entire process organized. The result was a smoother, more efficient closing process. ProDeal's solution was so effective that Silverstein now uses it on all originations and expects to use it for the ongoing construction phase of the project.

Silverstein Capital Partners