AI-Powered CRE Underwriting

From messy documents to deal-ready models in minutes, not days.

ClearStrata ingests your scanned rent rolls, T12s, and lease abstracts — from any source — and returns normalized, lender-ready underwriting data backed by a transparent audit trail. No more nights and weekends re-keying numbers.

Built for acquisition directors and credit analysts at mid-market syndicators, family offices, and private debt funds.

Q3_RentRoll_PineStreetPortfolio.pdf — Auditing…
TENANTUNITSFRENT/MOSTATUS
Harbor Logistics LLC1014,200$8,820Verified
Meridian Capital Grp1023,800$7,980Flag
Westbrook Advisory2016,100$0Flag
Summit RE Holdings2025,400$11,340Verified
Clearview Partners3013,200$6,720Flag
Northgate Group3024,800$10,080Verified
6 units · 27,500 SF3 red flags detected — concession burn, zero-rent, lease cliff
Normalized in 4m 38s
< 5 minDocument normalizationany PDF source
15–25 hrsSaved per dealvs. manual workflow
100%Formula-intactExcel DSCR / IRR sync
GAAP+Chart of accountsCRE-standard mapping

The Problem

Enterprise tools weren't built for your team size.

Argus and RedIQ are sized for institutional platforms with dedicated ops teams. Mid-market syndicators, family offices, and private debt funds are still doing this work manually — on nights and weekends — at a pace that limits how many deals they can actually pursue.

  • OCR that breaks on real-world documentsYardi exports, AppFolio statements, scanned insurance binders, and emailed lease packages all hit different. Generic OCR fails on tabular CRE data; you end up hand-keying anyway.
  • Hidden risk buried in inconsistent line itemsConcession burn buried in the footnotes. Utility anomalies that spike without explanation. Lease term cliffs three months out. Occupancy numbers that don't reconcile with deposit records.
  • No defensible audit trail for lenders and LPsWhen a lender asks how a number was derived, you're digging through email threads and spreadsheet versions. That delay costs deals.

How It Works

A 15-hour process, collapsed to one review session.

01

Ingest any document

Drop in PDFs from Yardi, AppFolio, scanned rent rolls, insurance binders, or emailed lease packages. Our specialized CRE OCR handles the formats that break generic tools.

02

Audit and normalize

The red-flag engine cross-checks every accounting line against standard CRE charts of accounts. Heuristic checks surface hidden concessions, occupancy mismatches, utility anomalies, and lease term cliffs — automatically.

03

Export deal-ready models

Verified data flows into your existing DSCR and IRR models via two-way Excel sync with formulas intact. A shared Audit Trail Room gives lenders and LPs a single pane for verification.

Platform Capabilities

Purpose-built for CRE underwriting. Not adapted from something else.

CRE-Specialized OCR + Normalization

Trained specifically on the tabular structures of commercial rent rolls, T12 statements, and lease abstracts — not generic document OCR repurposed for CRE. Every accounting line maps against standard CRE chart-of-accounts categories in under five minutes, regardless of the source system.

Yardi exports
AppFolio statements
Scanned PDFs
Lease packages
Insurance binders

Proprietary Red-Flag Engine

Heuristic cross-checks automatically surface the issues that hide in plain sight: concession burn, utility spikes, lease term cliffs, and occupancy claims that don't match deposit records.

Two-Way Excel Sync

Verified outputs flow directly into your DSCR and IRR models — formulas intact, no copy-paste, no broken references. Your existing underwriting templates, supercharged.

Shared Audit Trail Room

Every normalized figure links back to its source document, page, and extraction step. Give lenders and LPs a single, transparent pane for document verification — not a pile of attachments and a prayer that nothing changed between versions. When a lender asks how a number was derived, you have a defensible answer in seconds, not hours.

Source-linked · Version-controlled · Shareable with lenders and LPs

DSCR & IRR Modeling

Deal-ready financial model outputs, pre-populated from verified document data.

Occupancy Reconciliation

Cross-check occupancy claims against actual deposit records — catch mismatches before lenders do.

Chart-of-Accounts Mapping

Every line normalized against GAAP-compatible CRE standard categories. No manual reclassification.

Artifact preview

See what a finished ClearStrata audit looks like.

Download a populated LP summary for a synthetic 96-unit multifamily deal, complete with normalized financials and the red flags an operator would review.

No signup required. The report is synthetic and contains no live property data.

Sized Right

Not Argus. Not RedIQ. Built for the teams they ignore.

Enterprise platforms require dedicated ops staff, long onboarding cycles, and pricing built for institutional portfolio managers. ClearStrata is engineered for the acquisition director running 8 deals simultaneously, and the credit analyst who needs answers before Monday morning.

  • No dedicated ops team required
  • Onboard in one session, not one quarter
  • Works with documents you already have — no system migration
  • Priced for mid-market volume, not institutional AUM
CapabilityEnterprise ToolsClearStrata
CRE-native OCR
Mid-market pricing
No ops team needed
Red-flag heuristics
Lender audit trail
Excel sync (formulas intact)

Start a conversation

Bring your next deal package.

Tell us where your underwriting workflow slows down. ClearStrata helps visiting syndicators, family offices, and private debt funds turn messy source documents into a defensible first pass.

  • Share the firm and team behind the next deal.
  • Tell us what documents or review steps take the most time.
Request ClearStrata access
We'll follow up with a focused walkthrough for your team and pipeline.