Comparison
RealQuant vs Apers AI
Apers AI learns your thesis. RealQuant works where you already work: inside Excel.
Apers AI is a CRE-specific AI platform with a compelling investment thesis learning feature. But it operates outside of Excel, forcing teams to adopt a new interface rather than augmenting the tools they already trust. RealQuant delivers CRE intelligence directly inside your existing Excel models, combining document processing with native spreadsheet integration that preserves your firm's established workflows.
Feature Comparison
A side-by-side look at what each platform offers CRE teams.
| Feature | RealQuant | Apers AI |
|---|---|---|
| Excel-native AI | ||
| CRE-specific domain expertise | ||
| OM extraction & parsing | ||
| Rent roll analysis | ||
| Investment thesis learning | ||
| Custom underwriting models | Partial | |
| Cell-level provenance & citations | ||
| Macro / sectoral signal scanning | ||
| Economic stress testing | Via Excel models | |
| Automation workflows (N8N, Power Automate) | Partial | |
| Portfolio roll-up analytics | Partial | |
| Data APIs | ||
| Works in your existing Excel templates | ||
| Multi-agent architecture | ||
| Institutional REPE focus | ||
| No new interface to learn |
Detailed Breakdown
RealQuant
RealQuant is an AI-powered Excel add-in built exclusively for institutional CRE acquisitions teams. It processes OMs, rent rolls, and T-12s, then populates your existing Excel underwriting models with auditable, cell-level citations to every source document. Built by Zachary Shapiro ($11B+ deployed across 150+ transactions at Blackstone-backed Andover Properties) with ex-Google and ex-Credit Karma engineers, RealQuant delivers CRE intelligence without pulling teams out of Excel.
Key Advantages
- Excel-native; works inside the models your team already uses
- Cell-level provenance with citations to source documents
- Full automation workflows with N8N and Power Automate
- Data APIs for integration with your tech stack
- Founder with $11B+ institutional REPE track record
- No new interface to learn. Zero adoption friction
Apers AI
Apers AI positions itself as an "AI autopilot for institutional real estate investors." Its multi-agent system learns your investment thesis and applies it across deals, with workflows for sourcing, diligence, and reporting. Apers scans macro and sectoral signals, runs economic stress tests, and claims 10x faster deal closing. Priced aggressively at $29.90/month for unlimited usage, it features a proprietary Ingestion Engine for processing emails and scanned PDFs. However, Apers does not operate inside Excel. It integrates with models but uses its own interface.
Key Advantages
- Investment thesis learning that adapts to how your firm evaluates deals
- Multi-agent architecture for autonomous workflows
- Macro and sectoral signal scanning
- Economic response simulation for stress testing
- Extremely aggressive pricing ($29.90/month unlimited)
- One-day onboarding claim
Key Differences
Where the AI lives
Apers operates as a separate platform; you go to their interface to work. RealQuant lives inside your existing Excel environment, augmenting the templates and models your team already trusts.
Thesis learning vs. workflow augmentation
Apers' standout feature is learning your investment thesis and applying it across deals. RealQuant focuses on accelerating the specific document-to-model workflow that consumes most of an analyst's time.
Provenance and auditability
RealQuant provides cell-level provenance, tracing every number in your Excel model back to its source document and page. Apers does not offer this level of audit trail inside your spreadsheet.
Pricing and positioning
Apers prices at $29.90/month for unlimited access, signaling a consumer/startup approach. RealQuant prices at $199-$799/seat/month, reflecting institutional-grade tooling built for enterprise CRE teams.
Which Tool Is Right for You?
A quick decision guide based on your team's priorities.
Choose RealQuant if you...
- Teams that want AI intelligence inside their existing Excel models, not a new platform
- Firms that need cell-level provenance for IC-ready outputs
- Organizations that value data APIs and automation workflow integration
- Teams that trust their existing underwriting methodology and want AI to augment it
Choose Apers AI if you...
- Firms that want AI to learn and apply their investment thesis autonomously
- Teams that value macro and sectoral signal scanning
- Organizations comfortable adopting a new platform outside of Excel
- Budget-constrained teams that need unlimited CRE AI at $29.90/month
Frequently Asked Questions
Is Apers AI better than RealQuant for CRE?
Does Apers AI work inside Excel?
Why is RealQuant more expensive than Apers AI?
Can Apers AI process OMs like RealQuant?
Which tool is better for institutional REPE?
Ready to underwrite faster?
See how RealQuant processes your documents and populates your Excel models with AI-powered intelligence. Built by a team that deployed $11B+ in institutional real estate.
See How RealQuant Works