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Description
Commercial Underwriter is a cloud-based application that caters to a diverse group of users, including investors, brokers, lenders, equity partners, syndicators, real estate agents, and asset managers. This tool is capable of assessing various property types, such as apartments, mobile home parks, office spaces, and retail establishments, allowing users to uncover both the existing performance and the true market potential of these assets. Users can easily compare current rents, differentiate between existing leases and projected income, and calculate potential rent increases. The software also enables analysis of property performance under various assumptions, facilitating preliminary underwriting processes in under five minutes. Furthermore, it allows for customization of key financial metrics like income, vacancy rates, and loss to lease, providing real-time performance indicators while enabling rapid updates and analysis through an intuitive interface. With its custom color coding, Commercial Underwriter ensures that data is not only accessible but also easy to interpret, streamlining the underwriting process for real estate professionals. Ultimately, this innovative solution significantly enhances decision-making and efficiency in the commercial real estate sector.
Description
Solsten is a cutting-edge platform that leverages AI to assist mid-market brokers, operators, and syndicators in commercial real estate underwriting, catering to those who have moved beyond Excel but find ARGUS Enterprise unnecessary. Users can create detailed financial models that include multi-property pro formas, comprehensive lease-by-lease rent rolls, varied exit strategies, and intricate investor distribution waterfalls, whether European, American, or hybrid promote, along with advanced modeling for step-up amortization and recoveries related to CAM, NNN, and multifamily RUBS. With Saga, the integrated AI assistant, support is tailored to the specifics of each user’s deal rather than relying on generic conversations. The platform ensures that every assumption is meticulously versioned, every formula is transparent and auditable, and all outputs can be exported seamlessly. While ARGUS Enterprise comes with a hefty price tag ranging from $5,000 to over $15,000 per seat annually, Solsten Professional is offered at a competitive rate of $1,932 per year, which includes access for two editor seats. Additionally, a free tier is available, allowing users to validate the platform's capabilities with one property and one analysis per month without needing a credit card. Designed specifically for independent brokers, acquisition teams, syndication sponsors, and CRE fund managers, Solsten empowers users to streamline their underwriting processes efficiently. As a result, it serves as an invaluable tool for those looking to enhance their real estate investment strategies.
API Access
Has API
API Access
Has API
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Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$99/month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Commercial Underwriter
Country
United States
Website
commercialunderwriter.com/home/
Vendor Details
Company Name
Nordic Real Estate Services, LLC
Founded
2026
Country
United States
Website
solstencre.com