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DealGround Unveils AI-Based Deal Intelligence at ICSC Palm Springs
DealGround recently launched its AI-native commercial real estate platform at ICSC Palm Springs, one of the industry’s largest gatherings of CRE dealmakers. Previously available only in a beta release, DealGround is showcasing how purpose-built AI can streamline operations and accelerate deal discovery for both independent brokers and teams. Early customers include independent brokers and teams from Colliers, Marcus & Millichap, Lee & Associates, Pegasus, Northmarq, Franklin Street and True Equity Group.
“The first wave of CRE transformation focused on digitization, giving birth to listing platforms that digitized classified ads,” explained DealGround CEO & co-founder Dan Mosher. “The second wave brought single-purpose tools that tackled individual parts of the job: marketing, research and comps. DealGround is leading the third wave, using AI automation to deliver true deal intelligence.
“We’re building the app that will function as a brokers’ private system of record that keeps data perpetually current: a searchable property database enhanced by rich data sources like transaction and ownership data from First American Data & Analytics, laid out on a dynamic map and designed to reveal opportunities that brokers might otherwise miss,” he continued.
The platform aims to make the data available across hundreds of property marketing emails immediately accessible. “After 30 years as a broker, I know the grind of chasing information buried in PDFs, emails, Dropbox folders — and for some veteran brokers, even filing cabinets,” said DealGround co-founder Chris Rodriguez. “My ‘aha moment’ came when I first witnessed the power of AI. It hit me that we now have the technology to unlock that data and automate these broken workflows.”
- ◦Sale/Acquisition
