Newomij: A Tradition of Growth and Innovation in Real Estate Financing
One of the Largest Private Real Estate Companies
Newomij has grown into one of the largest private real estate companies in the Netherlands over the past 65 years. An archetypal Dutch family business with a strong sense of community, supported by a long history and a fresh outlook on the future. With more than 85 professionals, Newomij focuses on long-term relationships and connections with employees, clients, and associates.
“After an extensive and careful selection process, Fyndoo emerged as the best supplier because, in our eyes, they are the most suitable IT solution and partner for the long term.”
Chairman of the Board of Directors at Newomij
Why did you choose Fyndoo?
Newomij strives for optimal long-term returns and the continuous improvement of customer value. To enhance the services, they searched for a software package to manage investment financing for the clients, one that will be supported and further developed by the supplier in the coming years. "After an extensive and careful selection process, Fyndoo emerged as the best supplier."
The active participation of the Fyndoo team in the implementation process and the solution-oriented approach align with the way Newomij organisation works. At Newomij, they value clear and direct communication, and in that respect, there was a strong match with Fyndoo.
A Modernisation Challenge
Newomij finances real estate for corporate investors, using its own equity. The current portfolio has a size of around €150 million, divided over approximately 160 active loans, with Newomij’s ambition being to grow the portfolio to €200 million over time. When financing real estate, the customer’s interests are paramount. If a standard product does not suffice, customization is often the solution. However, the current mortgage underwriting and mortgage management process is supported by ISAB, a system that is 20 years old and technically obsolete. Therefore, Newomij is looking for a modern solution to support mortgage underwriting and mortgage management.
In addition to ISAB, Newomij uses Yardi, among others, for financial administration and SharePoint as a document management system (DMS). Relationship management (CRM) is currently administered in Excel, with plans to transition to Microsoft CRM in the future. An important requirement is that the future mortgage system can integrate with the aforementioned applications.
Newomij is therefore seeking a mortgage system that is:
- Easy to maintain (manageable by a small team)
- Capable of offering document formats/templates
- Capable of uploading and digitally signing documents, including setting conditions
- Capable of drafting and modifying documents within the system, with storage in the DMS (SharePoint)
- Based on 4-eye checks
"Proud to be part of the transformation of a Dutch family company by making their day-to-day business more efficient through onboarding them onto Fyndoo. With this successful implementation, they are less burdened with administration, leaving more time to do what they do best—advising and serving their customers."
Head of Professional Services at Fyndoo
Looking at Results
"With this online solution, we improve efficiency in assessing, providing, and managing real estate financing. By reorganizing our processes based on best practices, we have set up a user-friendly interface focused on customer value. The accurate and up-to-date information provided by the application accelerates processes and increases the added value that our Financing business unit offers to real estate investors."
“Newomij is a family company, and we place great value on involvement, openness, and loyalty. We have come to know the Fyndoo team as open and honest, with room for substantive discussions. We look forward to a pleasant collaboration in the future and a successful execution of the roadmap for the further development of the platform."
"The high level of involvement from Newomij ensured a smooth and pleasant cooperation!"
Delivery Manager at Fyndoo
Recognising Our Partners
In this success, we would also like to acknowledge Fundion. A partner of Fyndoo since day one, Fundion has played a key role in the implementation of the Fyndoo platform, contributing valuable knowledge and resources.
