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Built for CRE

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Parkview_Underwriting_v3.xlsx
C10
 
A
B
C
D
E
1
Year 1
Year 2
Year 3
2
ACQUISITION SUMMARY
3
Purchase Price
$58,750,000
4
Price Per Unit
$236,895
5
Cap Rate
5.25%
6
7
REVENUE
8
Gross Potential Rent
$4,752,000
$4,894,560
$5,041,397
9
Other Income
$186,000
$191,580
$197,327
10
Vacancy Loss
($247,200)
($254,616)
($262,254)
11
Effective Gross Income
$4,690,800
$4,831,524
$4,976,470
12
13
EXPENSES
14
Property Taxes
($512,000)
($527,360)
($543,181)
15
Insurance
($124,000)
($127,720)
($131,552)
16
Management
($187,632)
($193,261)
($199,059)
17
Total OpEx
($823,632)
($848,341)
($873,792)
18
19
NOI
$3,867,168
$3,983,183
$4,102,678
20
Debt Service
($2,456,250)
($2,456,250)
($2,456,250)
21
CFBT
$1,410,918
$1,526,933
$1,646,428
22
23
24
25
26
27
Summary
Revenue
T-12
Rent Roll

Proven Track Record

Our founding team brings over a decade of CRE experience across funds backed by Blackstone, Ares & Angelo Gordon

$0B+

Capital Deployed

0+

Transactions

0+

Years in REPE

We built the tool we wished existed when we were on the buy side. One that respects your model, cites every number, and actually saves time.

Zachary Shapiro

Zachary Shapiro

Founder & CEO

Billions in AUM, Lost to Manual Process

Every hour an analyst spends re-keying PDFs is an hour not spent finding the next deal

30–50 hrs

Per Acquisition

Document extraction and manual data entry per deal. Multiply that across your pipeline.

12+

Docs Per Deal

Rent rolls, T-12s, leases, surveys, appraisals — each re-keyed by hand into Excel.

60–80%

Time Lost to Data Prep

CRE analysts spend the majority of their time copying from PDFs, not evaluating deals.

Zero

Audit Trail

No link between spreadsheet values and the source documents they came from.

$0

Spent Evaluating

The deals your team isn’t screening are going to someone who moves faster.

From Deal Room to LOI, Without Leaving Excel

Upload your documents. Populate your model. Generate deliverables. One Excel session.

/extract

Automate Deal Data Extraction

Upload deal documents — rent rolls, T-12s, financials. RealQuant instantly extracts, maps, and normalizes data while you stay in control. Analysts verify every step.

  • Upload → Extract → Approve → Done
  • Auto-maps fields and units with confidence scores
  • Normalized data ready for your models
  • Version control with visual diffs for re-uploads
/populate

Map to Your Excel Template

Maps extracted data to your proprietary Excel template. Your formulas, structure, and formatting stay untouched. Map your template once, reuse across every deal.

  • One-time template mapping, reuse forever
  • Preserves all your formulas and formatting
  • Works with any Excel underwriting model
  • Learns your style — gets smarter with every deal
/provenance

Trace Every Number

Every AI-populated value links to its source document, page number, and confidence score. Full audit trail on every cell.

  • Click any cell to see its source document
  • Page number and confidence score included
  • Full audit trail for IC review
  • Automated compliance documentation
/comps

Access Market Data Instantly

Pull rent comps, sales data, and demographics instantly. RealQuant finds the most relevant comparables and flags outliers automatically.

  • Live market comps and sales data
  • Quality scoring and outlier detection
  • Submarket analytics and demographics
  • One-click export to Excel
/loi

Generate LOIs Automatically

Generate polished Letters of Intent from your deal assumptions and underwriting model. Review key terms, edit, and export to PDF in minutes.

  • Auto-populates from your underwriting model
  • Key terms grid with purchase price, cap rate, and timing
  • One-click export to PDF
  • Export to PDF for counsel review

The Full Acquisitions Toolkit

Every workflow your deal team runs, built into one task pane.

Preview & Undo

Review every proposed change in a side-by-side diff. Accept, reject, or revert with one click.

Tap or hover to preview
Preview Changes6 changes
Main!E8Purchase Price
$52M→$58.75M
Main!E12Cap Rate
5.50%→5.25%
Main!E15NOI
$2.86M→$3.08M
Main!E22Loan Amount
$36.4M→$41.1M
4 of 6 applied

Slash Commands

A command palette built for deal teams. /extract, /analyze, /comps. Common workflows, one command.

Tap or hover to preview
Slash Commands
ext
/extract
Extract data from deal documents⌘E
/extend
Extend projection timeline⌘X
/populate
Map fields to your template
/analyze
Run sensitivity analysis
/comps
Find comparable transactions
24 commands available

Deep Research

Contextual research with verified sources. Market data, comparable transactions, and submarket analytics.

Tap or hover to preview
Deep ResearchScottsdale Multifamily
Cap Rate5.15%
CoStar
Vacancy4.8%
CoStar
Rent Growth+3.2%
CBRE
Recent Transactions
The Palms at Scottsdale
$62.5M$267K/unit
CBRE Research
Kierland Crossing MF
$48.2M$245K/unit
CBRE Research
12 sources verified

Prompt Library

Save, organize, and reuse your best prompts across deals. Share templates with your team.

Tap or hover to preview
Prompt Library12 prompts
Underwriting Model Setup
Underwriting

Set up the underwriting model with acquisition assumptions from the OM. Extract purchase price, cap rate, unit count, and operating expenses. Configure 5-year projection with 3% rent growth.

Extract Rent RollExtraction
Draft LOIDeliverables
Cap Rate SensitivityAnalysis
↑↓ Navigate · Enter to run

Your Data, Connected

Plug in your firm's data sources. Comps, demographics, and market feeds, right in your workbook.

Tap or hover to preview
Connected DataLive
Rent Comps
12 comps · Scottsdale, AZ
Updated 2m ago
Tax & Assessment
Property tax $612K/yr
Updated 2h ago
Market Metrics
94.2% avg occupancy
Updated 12m ago
Auto-sync ON

AI-Drafted LOIs

Generate draft Letters of Intent from your deal assumptions. Review, edit, and export.

Tap or hover to preview
LOI GeneratorDraft
Purchase Price$58,750,000
Cap Rate5.25%
Due Diligence45 days
Closing Date30 days after DD
Generated from 3 source documents · 24 deal assumptions

Enterprise-Grade Trust

Your data stays yours. Every output is traceable. No black boxes

Cell-Level Provenance

Every value links to its source document and page. Click any cell to trace it back.

You Control What Changes

RealQuant only modifies cells you approve. Always on your terms.

Preview Before Applying

See every proposed change before it touches your workbook. One-click undo.

Deterministic Execution

AI plans the work. A deterministic engine writes the cells. Same inputs, same outputs.

Private AI

Isolated cloud container per account. Nothing shared across accounts or used to train models.

Encrypted Everywhere

AES-256 at rest, TLS 1.3 in transit. Private infrastructure for enterprise.

View Security & Privacy Details

Pricing That Scales With Your Deals

Every plan includes the full platform. Choose the credits that match your deal volume.

How are credits calculated?
Starter
$199/seat/mo

For individual analysts.

500 credits/seat/mo

~3–5 full pipeline deals/mo

  • Document parsing, extraction & chat
  • Market comps, demographics & tax data
  • Excel add-in & cell-level provenance
  • Email support
RecommendedGrowth
$349/seat/mo

For growing deal teams.

1,500 credits/seat/mo

~8–12 full pipeline deals/mo

  • Document parsing, extraction & chat
  • Market comps, demographics & tax data
  • Excel add-in & cell-level provenance
  • Priority support
Professional
$799/seat/mo

For high-volume desks.

5,000 credits/seat/mo

~30+ full pipeline deals/mo

  • Document parsing, extraction & chat
  • Market comps, demographics & tax data
  • Excel add-in & cell-level provenance
  • API & webhooks access

Need dedicated infrastructure or custom integrations?

Frequently Asked Questions

RealQuant is an AI-powered Excel add-in built for CRE teams. Upload deal documents, and it populates your underwriting model automatically. Every number links back to the exact page and line in the source document so your IC committee can verify anything in seconds.

Tools like Endex, Shortcut, and Copilot are general-purpose Excel AI. They can build a DCF or clean up a dataset, but they have no idea what a rent roll is. RealQuant was built by a team with 150+ real estate transactions under its belt. It understands rent rolls, T-12s, offering memorandums, waterfall structures, and promotes natively.

Yes. You map your model layout once and that mapping persists across every deal. Your formulas, formatting, and assumptions stay untouched. RealQuant fills in the inputs; your model does what it has always done.

Offering memorandums, rent rolls, T-12 operating statements, trailing financials, and P&Ls. It handles PDFs, Excel files, and even scanned documents.

Most teams go from 4 to 8 hours per deal down to under 30 minutes. Document parsing itself takes seconds. The real time savings come from eliminating manual data entry and re-keying errors.

Every change is previewed in a side-by-side diff before it touches your model. Accept what looks right, reject what does not. And you can always revert with Ctrl+Z. Your formulas are never modified.

Your account data is logically isolated with strict access controls, and your documents are stored in private, account-scoped storage. Data is encrypted at rest and in transit. Your raw documents and proprietary models are never used to train public AI models.

Every plan includes the full platform — document parsing, AI chat, Excel add-in, comps, provenance, and more. Plans differ by credit volume: Starter ($199/seat/mo, 500 credits), Growth ($349/seat/mo, 1,500 credits), and Professional ($799/seat/mo, 5,000 credits). Enterprise plans are available for firms with dedicated infrastructure needs.

Microsoft Excel for Desktop on Windows and Mac, plus Excel for the web. Requires a Microsoft 365 subscription.

RealQuant is currently in private beta with select real estate firms. Request access with your work email and we will reach out when a spot opens.

Still have questions? Reach out to us

Get Early Access

RealQuant is in private beta with select real estate firms. Join the waitlist

No credit card. No commitment. Just your work email.