CRE underwriting
For investors evaluating a deal and brokers explaining buyer returns. Review assumptions, cash flow, and projected IRR.
Multifamily underwriting is available now · Other asset classes are in beta Learn More
Turnand deal financials into a shareable underwriting report.
For investors evaluating a deal and brokers explaining buyer returns. Review assumptions, cash flow, and projected IRR.
For owners, buyers, and brokers exploring property value. Understand the income, market evidence, and assumptions behind a price.
“It's a great product and the market analysis capabilities are amazing.”
$1.5B AUM
“I've always found underwriting to be pretty tedious and not uniform. Cactus solves exactly that.”
Agency Lender
“Found a very fascinating idea here. It's not just about efficiency it's more about accuracy and risk management, and that's what stands out.”
Major Operator
“I love this it's exactly what I need. It keeps everything organized and I love the way it manages my time. This is awesome.”
NYU PropTech
“Very cool seems to be pretty sharp and intuitive. Super useful.”
Storage Sponsor
“You gave a really, really great demo. I can't wait to check it out.”
ChatGPT Lead
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Our automated underwriting workflow brings document extraction, income and expense analysis, valuation, and buyer returns into one report.
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Market context is part of the underwriting workflow. Review the available evidence, missing comparables, and assumptions before adopting the valuation.
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Parse T-12s, unit mix, loss-to-lease, renovation scope, payroll, taxes, and comp support before the model goes to IC.
Sign Up02Normalize unit sizes, in-place vs street rates, occupancy by type, discounts, expansion notes, and new-supply risk before sizing the deal.
Explore storage beta03Track clear height, dock doors, power, trailer parking, truck access, lease rollover, tenant credit, and comp evidence in one trail.
Explore industrial beta04Review rent rolls, sales, co-tenancy clauses, CAM/NNN recoveries, anchor exposure, leakage, and demand signals beside the source.
Explore retail beta05Map expirations, TI/LC, concessions, downtime, vacancy, medical buildout, tenant credit, and comps back to supporting files.
Explore office beta06Connect P&Ls, STR trends, RevPAR, seasonality, labor, PIP/capex, group mix, and demand generators to each assumption.
Explore hospitality beta07Keep zoning, utilities, constraints, impact fees, entitlements, phasing, absorption, and schedule risk tied to feasibility.
Explore land beta08Embed source-backed extraction, tenant/property matching, approval gates, audit trails, and model-ready CRE data into product workflows.
Explore PropTech betaCommon questions from CRE teams evaluating automated underwriting and valuation.
Defensible means every important input in the deal has a visible reason behind it. The defensibility stack is:User assumption + market checkThe user can make a judgment call, while Cactus validates, challenges, or contextualizes it against the market.Document / historical citationsUploaded P&Ls, T-12s, rent rolls, OMs, budgets, and other source docs tie directly back to revenue, expenses, NOI, post-NOI, and other line items.Market comps / external dataRent comps, cap rates, concessions, growth, expenses, and other market signals anchor assumptions in real evidence.Open questionsMissing comparable evidence, older financial periods, and uncertain assumptions remain visible for the team to investigate.