Prodeal is a transaction-management platform for commercial real estate lending. Lenders, borrowers, counsel and title work one live checklist, one document workspace and one audit trail, from signed term sheet to funded loan.
A commercial loan closing has a dozen parties and hundreds of items. For most lenders it still runs on reply chains, shared drives and a tracker someone updates by hand. Status lives in inboxes. The record an examiner asks for gets rebuilt after the fact.
Prodeal replaces that with one place to run the deal. Every condition and document sits on a live checklist with an owner and a due date. Borrowers upload against the right item. Every action is logged as it happens, so the audit trail is the same record the team worked in.
The platform has been in production for ten years and has run 56,000 deals. It serves banks, credit unions, life insurance companies, hud multifamily lenders and private credit funds, plus the law firms, brokers and title companies that close alongside them. See solutions by lender type and eleven customer case studies.
Prodeal is built around the closing itself, not the origination file or the data room. Four pieces carry most of the work.
Every condition, document and party on one list, with an owner and a due date on each line.
Borrowers and their counsel see what is open and upload against the right item.
Every file, status and access change recorded with a time stamp as it happens.
The executed record, assembled from the same workspace the team closed in.
Teams at MetLife, Fortress, Brookfield, Berkadia, TruStone, Paul Hastings, Stewart, Matthews, Emerald Creek Capital, AmTrust, Pretium, Silverstein and Arena Investors run deals on Prodeal. A few of them, in numbers.
closings after moving to Prodeal.
and document retrieval from days to minutes.
deals in process at one time.
construction loan closed on Prodeal.
Software operators, a former real estate lawyer and people who have worked inside commercial lenders.
Andrew Damico has been with Prodeal since 2020. He leads the company's work to make complex commercial real estate and private lending closings simpler and faster for lenders, borrowers and their counsel. Before Prodeal he was President of iPipeline, which builds web-based software for the insurance and financial services markets, and President of WizeHive. He began his career at JP Morgan.
Patrick Janson works on enterprise sales and solution strategy at Prodeal for lenders and real estate firms. He was Prodeal's Chief Operations Officer from 2017 to 2022 and returned in 2024. He has spent more than 15 years in real estate technology, building products for loan origination, transaction management and underwriting. Earlier he was a senior associate at Emerald Creek Capital, a commercial real estate lender.
Ian Group has worked at Prodeal since 2018. He leads onboarding, training and adoption for the lenders and real estate firms that run their closings on the platform, and he sits on the product roadmap committee. Before Prodeal he practiced commercial real estate law in New York as an associate at Hunton & Williams and at Goldfarb & Fleece. He holds a JD from Albany Law School.
Jarrad Mandeville joined Prodeal in 2025. Before Prodeal he worked in sales development and account management at software and fintech companies, including Datasite, Revolut and CoConstruct. He studied at Morehouse College.
Steve Schoenhaus works in sales development at Prodeal with banks, credit unions, private lenders and life companies. He first joined Prodeal in 2022 and returned in 2026. His career in enterprise software sales includes eight years at Intralinks, where he became Senior Vice President of Sales, and later roles at Okta, Saviynt, ForgeRock and GoDocs. He studied at Rider University.
Thirty minutes, your checklist, your parties.
