Real estate

Portfolio performance, without waiting for the close.

You read one current picture of the portfolio: NOI, occupancy, and operating expense across every asset, reconciled against how the assets are actually owned, instead of rebuilding it by hand every reporting cycle. Operations, leasing, and accounting run on one model that stays current.

All industries
The systems you already run
Property management & accountingThe rent rollLease documentsManager reportsOwnership & entity recordsInvestment models
Resolved
One model
Some of what it answers
Portfolio NOI & occupancyOwnership by entity & shareCovenants nearing breachMaturities coming dueLease expirations & optionsAssets behind plan
Portfolio performance

Read NOI, occupancy, and operating expense the day you ask.

The same asset and the same owning entity are recognized across operations, leasing, and ownership, so performance reconciles against how the assets are held. NOI flows from accounting, occupancy from the rent roll, and the operating-expense ratio from the books, tied to the entity that holds each asset at the share it owns.

The assets running behind plan surface against their own underwriting, early enough to act, and the figure is current before the reporting cycle closes.

PortfolioLeasingOwnershipReports

Portfolio overview

12 assets · 9 owning entities · operations reconciled to ownership · last sync 8 min ago

NOI (TTM)
$14.2M
▲ 2.4% vs. plan
Occupancy
91.6%
target 93% · −1.4 pts
Opex ratio
38.1%
▲ 1.7 pts · 3 assets
Behind plan
3
of 12 assets · NOI < 95%
Leasable area
1.84Msf
12 assets · 4 markets

Properties

NOI from accounting · occupancy from rent roll
Property / owner entityNOIOccupancyStatus
Harbor Point Tower
Harbor Point Holdings LLC
$3.41M96.2%
On plan
Maple Commons
RE Fund II — Maple SPE
$2.18M88.4%
Watch
Cedar Logistics Park
Cedar Industrial LP
$2.96M100%
On plan
Riverside Medical
RE Fund II — Riverside SPE
$1.62M79.1%
Behind plan
Gateway Retail Center
Gateway Retail Holdings LLC
$1.94M84.7%
Watch
Lakeshore Flats
Lakeshore Residential LLC
$2.07M93.5%
On plan

Lease exposure

read from lease docs
Expiring in 90 days
4 leases · 62,400 sf · Gateway Retail, Maple Commons
4 leases
Renewal options not exercised
2 tenants past notice window · Riverside Medical, Harbor Point
2 options
Renewal due
Anchor lease, Cedar Logistics · 5.2% bump unapplied
1 renewal
CPI escalation pending
3 leases · annual bump effective Jul 1, not yet billed
3 leases

Lease rollover — expiring area by year, read from the leases

344k sf · 41 leases
202662.4k sf
202741.1k sf
202888.6k sf
2029+152k sf
Debt and covenants

Test every loan against the NOI the asset is actually earning.

Each loan's covenants, maturities, and rate sit on the resolved record beside the asset and the entity that holds it. DSCR and LTV are tested against the current NOI off the same record operations report on, so a covenant tightening toward breach or a maturity coming due surfaces by asset and entity before it forces a decision.

When a loan tightens, an agent drafts the refinance memo off the resolved record and a person approves it, then it posts back to the loan record in your own system. The draft is one you can trust because it reads the NOI operations already agree on and acts under your permissions. You read the headroom you have and the window you have to act, not a covenant test rebuilt by hand each quarter.

DebtCovenantsMaturitiesEntities

Debt schedule

3 loans · DSCR tested against current NOI · last sync 8 min ago

Loans by asset

balance from lender · NOI from accounting
Loan / asset / owner entityMaturityDSCR vs. covenant
Harbor Point Tower
Harbor Point Holdings LLC
$41.8M · 4.35%
Mar 2029
1.62×cov. 1.20×
Riverside Medical
RE Fund II — Riverside SPE
$18.2M · 5.10%
Tightening · maturity 90d
Sep 2026
1.18×cov. 1.15×
Maple Commons
RE Fund II — Maple SPE
$22.6M · 3.95%
Apr 2028
1.27×cov. 1.20×
!

Riverside Medical — DSCR tightening toward covenant

Maturity Sep 2026
DSCR1.18×
Covenant1.15×
Balance$18.2M
Refinance memo draftedposts to the loan record once a person approves it in your own system
Location intelligence

The market read underwriting needs, resolved by area and tied to each asset.

Census demographics, crime, and points of interest are resolved by area and tied back to each property you own. The map shades by the metric you are reading, and the assets sitting in that area come forward with their type, occupancy, in-place rent, and value attached.

The read is resolved against the assets you actually own and feeds the underwriting model directly, so acquisitions price every deal off the same market read without rebuilding it deal by deal.

MapPropertiesDemographicsRisk

Location intelligence

Pearl District · tract 12.04

Census, crime, and points of interest, resolved by area and tied to each asset.

Median incomeCrime indexDensityRenter share
Median income
$40k$160k
Selected tractCensus
Population
6,240
Median income
$118.4k
Density / sq mi
14,900
5-yr growth
+7.2%

Owned in this area

Assessor
PropertyOccValue
Pearl Lofts
Multifamily · 84 units · $2,840 /unit
96%$48.2M
12th & Glisan
Mixed-use · 62k sf · $31 /sf
92%$26.7M
2 owned · 94% avg occupancy$74.9M

Resolved from Census (ACS), crime data, assessor records, and POI.

Acquisition pipeline

Underwrite every deal off the same model the portfolio already runs on.

Deals under evaluation are underwritten against the same location and market read your owned assets are measured by, so cap rate and IRR come off one model by stage instead of a fresh spreadsheet per deal. The pipeline reads from sourced through under contract, with the return metrics that carried each deal to investment committee attached to the record.

Post-close, actuals track against the underwriting that won approval on the same record the deal closed on: year-one NOI, occupancy, and stabilized IRR read against plan, so the next deal is underwritten off what the last one actually did.

PipelineUnderwritingICClosed

Acquisition pipeline

25 deals · underwritten off the portfolio market model · 3 closed YTD

Sourced
14
Underwriting
6
IC review
3
Under contract
2

Under evaluation

returns off the portfolio market model
Deal / marketStrategyStageCap rateIRR
Brick Yard Lofts
Austin, TX · multifamily
Value-addIC review5.4%16.8%
Northline Distribution
Phoenix, AZ · industrial
Core-plusUnderwriting6.1%14.2%
Galleria Medical Plaza
Denver, CO · medical office
CoreUnder contract6.7%13.5%

Closed · Stonegate Apartments — actual vs. underwriting

Closed Jan 2026
Going-in cap rate
6.5%uw 6.4%
Year-1 NOI
$2.03Muw $2.10M
Occupancy at close
94%uw 92%
Stabilized IRR
13.6%uw 13.9%
Tracked against the underwriting that won IC approval, on the same record the deal closed on.
Lease intelligence

Every lease read into a record, with the dates that move before they arrive.

AI reads the leases and manager statements into structured records: critical dates, options, and terms. Expirations and unexercised options surface before they arrive. From there an agent drafts the renewal notice or the escalation to bill, a person on your team approves it, and it posts back to the rent roll. Because the agent reads the resolved lease and acts under your permissions, the draft is grounded in records that already agree.

Critical dates
  1. Within 90 daysexpiry

    4 leases expiring · 62,400 sf · Gateway Retail, Maple Commons

  2. Past notice windowoption

    2 renewal options unexercised · Riverside Medical, Harbor Point

  3. Due this quarterrenewal

    Anchor renewal at Cedar Logistics · 5.2% bump unapplied

  4. Effective Jul 1escalation

    3 leases with a CPI escalation pending, not yet billed

Extracted terms
Maple Commons · Suite 220
Read from the executed lease, reconciled to the rent roll
Base rent
$28.50 / sf
Term
Apr 2021–Mar 2028
Renewal option
1 × 5 yr · notice 9 mo prior
Escalation
CPI, 3% cap, annual
Owning entity
RE Fund II / Maple SPE

The owning entity comes off the same record, so each lease reconciles to the asset and the entity that holds it.

Investor reporting

Every investor statement, off the same ownership records.

The distribution waterfall runs off the ownership records: capital accounts and net IRR fall out by investor, at the share each one holds. The quarterly statement is built from the record, current as the portfolio moves.

A person on your team approves what goes out before it is delivered, and each investor reads their own capital account tied to the entities behind it.

InvestorsDistributionsCapitalStatements

Capital accounts & distributions

InvestorDist. YTDNet IRR
Maple Pension Trust
$12.0M committed
$1.84M14.2%
Cedar Family Office
$8.5M committed
$1.30M13.8%
Harbor Endowment
$6.0M committed
$0.92M14.0%
GP co-investment
$2.5M committed
$0.38M
Q2 distribution prepared
$6.20M across 14 investors, tied to each entity at its ownership share
Statements ready

See it on your own portfolio.

Tell us how your operations, leasing, and ownership sit today. We will show you the model built around your portfolio, run for you.

Talk to us

Tell us about your operations and the decision that is costing you most. We'll show you what we would build.