AI-Powered Multifamily Underwriting
Parse 200+ unit rent rolls in seconds. Extract lease-by-lease data, calculate loss-to-lease, and populate your underwriting model with cell-level citations to every source document.
The Challenge of Multifamily Underwriting
These are the problems acquisitions teams face every day when underwriting multifamily deals manually.
Rent Roll Complexity at Scale
Manually transcribing 200+ unit rent rolls from PDFs is error-prone and time-consuming. One miskeyed rent figure can cascade through your entire model.
Unit Mix & Lease-by-Lease Analysis
Evaluating unit types, floor plans, lease terms, and concessions across hundreds of units requires painstaking manual data entry and cross-referencing.
Loss-to-Lease & Market Rent Comps
Calculating loss-to-lease across every unit and benchmarking against market rents is critical but tedious. Miss a comp, and your pro forma is wrong.
Renewal Probability & Turnover Modeling
Forecasting which tenants will renew, at what rent, and how vacancy impacts NOI requires analysis that most teams simply do not have bandwidth for.
How RealQuant Solves Multifamily Underwriting
Purpose-built AI that understands multifamily deal documents and maps to your proprietary model.
Instant Rent Roll Parsing
AI reads every lease on every page.
Upload a rent roll PDF and RealQuant extracts tenant name, unit number, unit type, square footage, lease dates, current rent, market rent, and concessions for every unit. Every value is cited back to the source page.
Automated Unit Mix Analysis
Comprehensive unit-level breakdown in seconds.
RealQuant auto-generates unit mix summaries by type, bed/bath count, floor plan, and occupancy status. See weighted-average rents, vacancy by unit type, and identify where upside exists.
Loss-to-Lease & Renewal Modeling
Instantly quantify your mark-to-market opportunity.
RealQuant calculates loss-to-lease for every unit against comparable market rents, flags below-market leases, and models renewal probability to forecast stabilized NOI with confidence.
Direct-to-Model Population
Your model, your formulas, your format.
Extracted data flows directly into your proprietary Excel underwriting model. Map your template once and it works across every deal. Formulas are never modified.
Your Multifamily Underwriting Workflow
From document upload to IC-ready model in four steps.
Upload Your Rent Roll & OM
Drag and drop the offering memorandum and rent roll into RealQuant. AI identifies document types and begins extraction automatically.
Review Extracted Data
Every unit, lease term, and financial figure is extracted and displayed with citations. Click any value to jump to the exact source page.
Populate Your Underwriting Model
With one click, extracted data flows into your mapped Excel template. Unit mix, rent roll, T-12, and OM assumptions land in the right cells.
Refine & Submit
Adjust market rent assumptions, model renovation premiums, and stress-test renewal scenarios. Your underwrite is done in minutes, not hours.
Multifamily Underwriting FAQ
Common questions about using RealQuant for multifamily deals.
Yes. RealQuant is designed for institutional-scale multifamily. Our AI parses rent rolls of any size, extracting tenant name, unit number, unit type, SF, lease dates, current rent, market rent, concessions, and more for every unit. The largest rent rolls we process routinely exceed 500 units.
RealQuant compares each unit's in-place rent against the market rent (which can come from the OM, your own assumptions, or third-party data). It calculates loss-to-lease at the unit level and aggregates it by unit type and across the property, so you can instantly see your mark-to-market opportunity.
Absolutely. RealQuant is an Excel add-in that maps to your proprietary template. You tell it where rent roll data, T-12 line items, and OM assumptions belong in your model. Once mapped, it works across every deal. Your formulas are never touched.
Yes. After RealQuant populates the base-case data, you use your existing Excel model to layer in renovation premiums, concession burn-off, unit upgrade assumptions, and other value-add scenarios. RealQuant gives you the accurate baseline; you drive the strategy.
Ready to Underwrite Multifamily Deals Faster?
Join acquisitions teams already using RealQuant to parse documents and populate underwriting models in minutes, not hours.