Process automation is not decision integrity.
Dealpath is a workflow and approvals platform for commercial real estate deal teams. It runs the diligence and approvals process well. Capital Refinery is a structured record of the investment decision after the approvals process is complete — and the position has to be governed for the next five years.
What Dealpath does well, and where the line is.
What Dealpath is built for
Process, tasks, approvals, and document workflow for CRE deal teams.
Pipeline tracking, task assignment, IC approvals workflow, and document management built specifically for commercial real estate. For acquisitions teams running multiple deals in parallel, the workflow discipline is the headline value — it eliminates the spreadsheet-and-email coordination tax.
What it is not built for
Holding the IC decision as a structured testable record after approval.
Dealpath models the workflow up to the moment IC approves. It captures that the deal cleared committee — but it does not capture the thesis, the assumptions, or the conditions the IC relied on as testable objects. After approval, the workflow ends and the position is governed by the model file and the analyst's memory.
Where Capital Refinery sits next to it
Underneath the IC stage, on the other side of close.
Most teams will keep their workflow platform. Capital Refinery is not a workflow tool — it is a different layer. The structured investment record at IC, the deterministic-first extraction kernel, the operator-data binding, the decision validity scoring across the life of the position. None of these are workflow features, because none of them is a process problem.
Where the lines fall.
| Capability | Dealpath | Capital Refinery |
|---|---|---|
| Workflow, tasks, and approvals routing | Strong — core capability | No — different layer |
| CRE-specific deal pipeline | Strong | No |
| Document storage and workflow | Strong | No |
| Domain model for the IC decision | No | Yes — first-class object |
| Structured investment record at IC | No — workflow ends at approval | Yes — bound at approval |
| Operator data → entry assumption mapping | No | Yes — the data model |
| Decision validity scoring across the position | No | Yes |
The research behind this.
Your team will keep Dealpath. The question is what holds the decision after the workflow ends.
Bring us a deal that already cleared your IC workflow. We will show you the structured decision layer the workflow tool is not designed to produce.