A new integration improves the process for real estate developers between deal close and the start of the construction project lifecycle.
March 23, 2022 –TermSheet, a flexible deal data platform for real estate professionals, today announced a partnership with Procore Technologies, Inc., a leading global provider of construction management software. Through this partnership, customers of TermSheet and Procore can connect and consolidate their core businesses: deal making and the necessary construction projects that follow.
Some of the world’s largest real estate developers rely on TermSheet to execute their deals. The ability to collaborate, streamline workflows, and work from a centralized database helps allows real estate developers to close deals faster and more efficiently. Now, joint users of TermSheet and Procore can enjoy a seamless flow of data between the two platforms. All relevant deal information located in TermSheet will automatically sync with the new project in Procore, helping save teams time and reducing duplicative work.
“After working with our customers, it became evident that real estate developers need systems that can speak to one another to ensure that their acquisitions teams and construction teams can work more seamlessly together.” said TermSheet CEO Roger Smith. “We are excited to deliver a more streamlined experience between our customers’ most critical systems.”
“Procore continues to build on our partnership with TermSheet, and we are excited for this integration to deliver more value to real estate developers and their construction project teams across the industry,” said Jeremy Chasen, Senior Business Development Manager, Procore. “This partnership is another step forward for the industry, giving users a more seamless way to connect critical workflows and data across teams and business processes.”
For the developers that rely on TermSheet and Procore to keep their business moving forward, this new integration will enable them to decrease internal bottlenecks and expedite the process between deal close and construction start.
To learn more, visit the Procore App Marketplace.
TermSheet is a cloud-based platform that enables real estate teams to automate and organize routine work and unlock their proprietary database. Teams can execute deals more efficiently through seamless collaboration, streamlined workflows, and a centralized database.Teams can easily analyze, visualize, and act on any data with automatically synthesized information once trapped in different files. Learn more at www.termsheet.com.
Procore is a leading global provider of construction management software. Over 1 million projects and more than $1 trillion USD in construction volume have run on Procore’s platform.Our platform connects every project stakeholder to solutions we’ve built specifically for the construction industry—for the owner, the general contractor, and the specialty contractor. Procore’s App Marketplace has a multitude of partner solutions that integrate seamlessly with our platform, giving construction professionals the freedom to connect with what works best for them. Headquartered in Carpinteria, California, Procore has offices around the globe. Learn more at Procore.com.