Solsten
Solsten is an AI-assisted commercial real estate underwriting platform for mid-market brokers, operators, and syndicators who have outgrown Excel but do not need ARGUS Enterprise. Build multi-property pro formas, lease-by-lease rent rolls, exit scenarios, investor distribution waterfalls (European, American, hybrid promote), step-up amortization, and recoveries modeling for CAM, NNN, and multifamily RUBS. Saga, the built-in AI assistant, is grounded in the user's specific deal — not generic chat. Every assumption is versioned, every formula is auditable, every output is exportable. ARGUS Enterprise runs $5,000–$15,000+/seat/yr; Solsten Professional is $1,932/yr with two editor seats included. Free tier (no credit card, one property, one analysis/month) lets users validate before paying. Built for independent brokers, acquisition teams, syndication sponsors, and CRE fund managers.
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HelloData.ai
See how over 10,000 multifamily professionals save 4+ hours per week on market surveys with HelloData. Power your multifamily reporting with unlimited market surveys featuring competitor leasing trends, concessions, fees, and amenities. Access updated rent, availability, and concessions from millions of online listings to gain real-time insights. Automated market surveys reduce report times by over 80%, eliminating 4+ hours a week of manual work. Subscribers can set up market surveys for any market in the United States without having to purchase regions individually. Multifamily operators, developers, and acquisitions teams use HelloData to improve operations and deal flow. Appraisers, brokers, and lenders use it to automate their underwriting. Finish your real estate analysis without stitching together data or calling comps to validate accuracy. Your market surveys update automatically every 24 hours so you always have accurate data.
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Commercial Underwriter
Commercial Underwriter is an internet-based software designed for investors, brokers, lenders, equity partners, syndicators, real estate agents, asset managers, and real estate professionals. Commercial Underwriter can evaluate apartments, mobile home parks, office buildings, retail & many other types of properties. See the true market potential and current performance. Compare stated-in-place rents, display the split between the incoming lease & the pro forma, and calculate the rent increases. Analyze the property performance based on different assumptions. Perform preliminary underwriting in less than 5 minutes. Customize the income, vacancy, and loss to lease. Real-time performance indicator, update & analyze data in seconds, with custom color codes for easy understanding & analysis. Commercial Underwriter is a web-based software designed for real estate professionals to simplify their commercial property underwriting analyzing process.
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Altyst
Altyst is AI-powered commercial real estate underwriting software that converts deal documents into a live, auditable financial model. Users upload offering memorandums, rent rolls, T-12s, leases, and supporting files. Altyst extracts and organizes property data, flags conflicts and missing information for review, and lets users confirm or edit assumptions before calculation. It models operating cash flow, rent and expense growth, vacancy, debt, acquisition and disposition assumptions, lease rollover, scenarios, and sensitivities across multifamily, office, retail, industrial, hospitality, and other property types. The platform calculates NOI, cash flow, DSCR, IRR, equity multiple, cash-on-cash return, and valuation. Calculation detail makes outputs traceable to source documents and assumptions. Users can compare scenarios and export Excel workbooks, underwriting memos, and PDF reports. Altyst is web-based and self-serve, with plans starting around $12 per month.
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