Scarp Ridge Capital Partner

Scarp Ridge Capital Partners (“ Scarp Ridge ” or “ SRC ”) was founded by Greg Rush. He and other Scarp Ridge par tners have a collective experience of over 100 years in real estate investing. Their focus is investing in operating intensive real estate asset classes capitalizing on the Scarp Ridge principals ' ex tensive

Challenge

As a new company, their small team size presented great advantages - the partners can be more agile in their decision making to quickly identify and pursue the best opportunities. However, small size is a double-edged sword - the sheer volume of opportunities SRC is able to source can present a challenge to process and prioritize for small teams. The partners needed to dedicate their time to what they do best - leveraging decades of industry experience and relationships to quickly identify and win the best deals. To help the team maximize its efficiency and effectiveness, they needed a partner and solution that allowed them to manage and leverage all their deal information - both opportunities in their pipeline and in the market in general - while reducing time invested in data entry and reporting overhead.

The Scarp Ridge team needed a solution which could provide the ability to:

• Track the team’s deal flow in an inter face that is easy to navigate, maintain and is user friendly
• Effectively track data on deals in the market enabling Scarp Ridge to catalogue and building a database of opportunities pursued and not pursued to provide robust comparable analysis.
• Easily mine and access any deal related information to avoid sifting through old emails and files.
• Limit time spent on any manual data entr y and repor ting.

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Origin Solution

Scarp Ridge Origin now manages all pipeline and market data, across their Senior Housing and Hospitality portfolios, in one unified platform - Origin. Across both sectors, Scarp Ridge leverages Origin’s Data Ser viceto automatically ex tract deal and asset data from files they receive from sellers and brokers - OM s, teasers, rent rolls, historical financials, and more.

Once extracted, incoming data automatically populates Scarp Ridge’s pipeline and market database - tracking everything from transaction data to key property level data, unit mixes, and historical financial statements for each asset. Team members can quickly prioritize and move deals on and off the pipeline, track their deals throughout the investment process, and manage all their deal data, documents, and to-dos in one unified system. As more deals are entered into the Origin database, the more robust data and information SRC has access to as it compares deal metrics across transactions.

The Scarp Ridge team now has one centralized source of truth. No more emailing excel sheets around for updates. No more sifting through files and emails to keep track of the opportunities in the market. No more sifting through old under writing models to find historic assumptions. The team saves time on thelower value activities - data entry and reporting - to focus their energy on the most valuable priorities making the right decisions with the data and pursuing the best opportunities.