Now in private beta

Screen real estate deals in 60 seconds, not six hours.

ScreenREI is the underwriting tool for small funds, brokers, and developers who don't have a 12-person analyst team. Drop in a deal. Get a defensible IRR/MOIC verdict using your firm's house assumptions. Decide whether to pursue before you waste a week building a model.

LP IRR
19.4%
5-yr hold · 92% stabilized
Project IRR
15.4%
MOIC: 1.84×
Going-In Cap
5.85%
T-12 NOI · purchase basis
Verdict
PURSUE
● Above 18% threshold
Built by people who actually buy deals.
Multifamily · Mixed-Use · Retail (coming) · Industrial (coming)
The Problem

Most deals die in screening, not in IC.

Brokers send you 20 OMs a month. Your team has time to model maybe 3 properly. The other 17 either get dismissed on gut, or get a half-baked spreadsheet that takes a week to build.

Today

OM lands in your inbox Monday. By Friday, your analyst has cobbled together a model from a template that hasn't been touched in three years. Half the inputs are still placeholder values.

~6 hrs
per deal screened
With ScreenREI

OM lands in your inbox Monday. By Monday afternoon, you have a defensible IRR, MOIC, going-in cap, and Pursue/Investigate/Pass verdict using your firm's house assumptions.

~5 min
per deal screened
What it does

Built around how real underwriters work.

We're not building a generic finance tool. Every feature exists because we needed it to screen our own deals.

i.

Multifamily & mixed-use, today

Multifamily value-add is the foundation. Add a ground-floor commercial tenant for true mixed-use deals. NNN, modified gross, or full gross — the math handles all three.

ii.

Configurable to your firm

Every assumption is yours. Rent growth, expense inflation, exit cap, DSCR, LTV, promote structure, IRR thresholds. Lock in your house view once, screen every deal against it.

iii.

Defensible math, not magic

Every number traces back to inputs you control. State-specific tax mechanics for FL, SC, GA, NC. Tax abatement modeling for FFAH/Live Local. Income haircuts that match how lenders actually underwrite.

iv.

Verdict you can trust to filter

Three states: Pursue, Investigate, Pass. Tuned to your firm's IRR thresholds. Designed to filter accurately enough that you can reject deals on the verdict alone.

v.

Mobile-first

Screen a deal from the airport, the parking lot, or the broker dinner. Full functionality on phone. No app to install.

vi.

No spreadsheets to maintain

The tool gets better. Your team doesn't have to update a template, debug a circular reference, or rebuild Marbella.xlsx into NewDeal.xlsx every Monday.

Who it's for

For the firms big enough to need it, small enough to feel it.

We don't build for institutional shops. We build for the underdogs who deserve institutional-quality tools.

Small Funds & Syndicators

3–15 person shops doing $10M–$75M deals. Sophisticated enough to want institutional rigor, lean enough that you can't afford a $50K Argus license or a 4-person analyst team.

Brokers & Advisors

You spend half your day fielding OM requests. Send buyers a screening view alongside the OM. Look more sophisticated than the broker who just emailed them a PDF.

Active Developers

You're underwriting acquisitions alongside your dev pipeline. Drop in the deal, get the verdict, decide.

Family Offices

You don't want to build a model, but you do want defensible numbers. ScreenREI gives you a credible second opinion when the operator's pro forma feels too good to be true.

Not for

Institutional shops. If you have a 12-person analyst team and an Argus license, you're not the customer. ScreenREI exists for the funds, brokers, and developers who don't.

Where this is going

The more you screen, the smarter it gets.

Today's screener is a tool. Tomorrow's screener is infrastructure. Each release is built around one idea: every deal you run should make the next deal faster.

Today · v1

Screen a deal in 5 minutes

Enter 30 fields, get a defensible verdict. NVC's standards baked in for multifamily & mixed-use. Configurable to your house view.

Next · v1.1

Screen a deal in 2 minutes

Set your firm's house assumptions once. The screener pre-fills 20+ inputs for every deal. You enter the 8–10 deal-specific fields and ship.

Soon · v1.3

Screen a deal in 30 seconds

Drop the OM, T-12, and rent roll. The system extracts deal data automatically. You confirm the numbers and the verdict appears.

Later · v2

The screener gets smarter

Pattern detection on your history ("you keep overriding exit cap to 5.75% — make it your default?"). Anonymous market intelligence across firms. The tool improves with every screen.