Institutional CRE Underwriting

The operating system for commercial real estate acquisitions.

Brick AI ingests offering memorandums, rent rolls, and T-12s to produce a fully reconciled underwriting model — with complete audit trails for investment committee review.

brickiq.io · Cypress Pointe Apartments
OverviewFinancialsUnderwritingMemo
Purchase Price
$12.3M
Levered IRR
7.9%
Going-in Cap
5.95%
Underwriting — P&L
Gross Potential Rent$1,345,300
Effective Gross Income$1,351,369
Net Operating Income$732,284
500+
Deals underwritten
$50B+
AUM represented
98%
Reconciliation accuracy
SOC 2
Security ready

Trusted by acquisition teams at leading firms

BlackstoneGreystarBrookfieldStarwoodLincoln PropertyCBRE IM

The challenge

Underwriting wasn't built for institutional pace.

Acquisitions teams lose hours on manual reconciliation. Brick AI replaces the workflow with auditable automation.

Current Process

  • 1Receive OM
  • 2Download documents
  • 3Build Excel
  • 4Cross-check numbers
  • 5Find missing assumptions
  • 6Create investment memo
  • 7Present committee
Time
2–8 hours
Errors
Hidden

Brick AI

  • Upload documents
  • AI extracts everything
  • AI reconciles every number
  • AI builds model
  • AI explains assumptions
  • Investment memo generated
Time
2–5 minutes
Errors
Everything traceable

Platform

AI underwriting infrastructure, not another spreadsheet.

Brick AI is the system layer between your documents and investment decision — with full traceability at every step.

Document Intelligence

AI reads PDFs, Excel, rent rolls, OMs, and T-12s — extracting every figure with source references.

Financial Reconciliation

Automatically validates every number across documents. Flags conflicts before they reach committee.

Underwriting Engine

Deterministic financial calculations. No black-box AI math — every formula is auditable.

Investment Memo

Committee-ready reports generated from your model, assumptions, and risk analysis.

Explainability

Every number links back to its source document, page, and confidence score.

Mason

Your AI copilot for every deal. Ask Mason anything about the property — answers grounded in your data, not generic advice.

Workflow

How Brick AI works

From document upload to investment committee in minutes.

1

Upload documents

Drop OMs, rent rolls, T-12s, and supporting files into one workspace.

2

AI extracts every figure

Brick AI reads every page and maps figures to your deal model.

3

Cross-document reconciliation

Conflicts are flagged and resolved before they reach committee.

4

Financial model generated

Deterministic underwriting with full formula traceability.

5

Investment committee memo

Committee-ready reports generated from your model and assumptions.

6

Decision ready

Every number linked to a source — pursue, renegotiate, or pass with confidence.

Capabilities

Everything your acquisitions team needs.

Document intelligence, underwriting, reporting, and enterprise controls — in one platform.

Document intelligence

Ingest, extract, and trace every figure.

  • AI document parsing
  • Multi-document reconciliation
  • Source references
  • Audit trail

Underwriting engine

Deterministic models your IC can trust.

  • Cap rate analysis
  • IRR & returns
  • Sensitivity analysis
  • Scenario modeling

Reporting & IC

Committee-ready output on demand.

  • Investment committee reports
  • Portfolio analysis
  • Mason AI copilot

Market & platform

Comps, collaboration, and enterprise controls.

  • Market intelligence
  • Comparable properties
  • Team collaboration
  • API integration
  • Version history
  • Role permissions

Product

Enterprise software, not a prototype.

The full underwriting workspace — from pipeline to investment committee.

brickiq.io/deals/cypress-pointe-apartments
Brick AI underwriting workspace — Cypress Pointe Apartments financial model and P&L

Comparison

Why institutional teams choose Brick AI

Traditional ExcelLegacy SoftwareBrick AI
SpeedHoursHoursMinutes
AccuracyManualPartialReconciled
ExplainabilityNoneLimitedFull audit trail
AuditabilityLowMediumEnterprise
AutomationNonePartialEnd-to-end
CollaborationEmailBasicReal-time
AINative
Modern UILegacy2026
APILimitedFirst-class

Security & compliance

Enterprise-grade AI built for institutional investing.

Security, compliance, and control — without sacrificing speed.

SOC 2 Ready
Secure Infrastructure
Private AI
Human Review
Deterministic Calculations
Audit Logs
Role-based Permissions
API-first

Client stories

Trusted by acquisition teams.

We cut initial underwriting from a full day to under ten minutes. Every number traces to a source — that's what our IC needed.

Sarah Chen
Managing Director, Multifamily Acquisitions
Meridian Capital Partners

Brick AI didn't replace our analysts — it gave them superpowers. Reconciliation alone saved us from two bad deals this quarter.

James Whitfield
Head of Acquisitions
Summit Real Estate Group

The investment memo generation is committee-ready on the first pass. Our LP reporting cycle is half what it used to be.

Priya Nair
VP, Asset Management
Horizon Equity Partners

FAQ

Frequently asked questions

How accurate is Brick AI?

Every extracted figure is reconciled across documents with confidence scores. Deterministic calculations run separately from AI extraction — math is never guessed.

How long does onboarding take?

Most teams are live within one week. Upload your first deal and Brick AI builds a full model in minutes — no migration project required.

Does it replace Excel?

Brick AI replaces the manual Excel workflow, not your judgment. Export to Excel anytime. The model is yours — Brick AI makes it faster and auditable.

Can I integrate Argus?

Yes. Brick AI exports compatible formats and offers API integration for firms running Argus alongside Brick AI for specific asset classes.

Does it support Yardi?

Yardi Voyager integration is on our enterprise roadmap. T-12 and rent roll imports work today via standard file formats.

Can multiple users collaborate?

Yes. Role-based permissions, version history, and shared deal workspaces are built in. Your whole acquisitions team works from one source of truth.

Get started

Ready to modernize your underwriting workflow?

Join institutional investors who analyze every deal in minutes — and trust every number.