PROFORMADEVELOPMENT SUITE

For property developers

The operating system for real estate Underwriting

Underwrite deals, track construction, and report to investors in one connected platform — one model, one source of truth for every number.

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Portfolio Overview
01:28:33LIVE
Total Cost
$141.3M
Equity
$39.8M
Debt
$101.5M
Avg IRR
18.4%
Eq. Mult
2.31x
Active Projects
ProjectStatusCostIRRMult
The MeridianCONSTRUCTION$44.9M21.6%2.66x
Foundry RowSTABILIZED$25.4M17.2%2.14x
Ashford CommonsPLANNING$71.0M16.4%2.02x
Equity IRR · bps
DSCR 1.35x · Debt Yield 9.2% · LTC 71.9% · Sources = UsesValidated

Built for property developers

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Product tour

Three workspaces. One connected model.

Portfolio Overview
01:28:33LIVE
Total Cost
$141.3M
Equity
$39.8M
Debt
$101.5M
Avg IRR
18.4%
Eq. Mult
2.31x
Active Projects
ProjectStatusCostIRRMult
The MeridianCONSTRUCTION$44.9M21.6%2.66x
Foundry RowSTABILIZED$25.4M17.2%2.14x
Ashford CommonsPLANNING$71.0M16.4%2.02x
Equity IRR · bps
DSCR 1.35x · Debt Yield 9.2% · LTC 71.9% · Sources = UsesValidated
Underwriting — the Excel-style modeling grid
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Construction — budgets, draws, and change orders
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Investor reporting — live LP statements

Underwriting

Underwrite a deal in minutes

An Excel-style grid on a real 60-month engine. Import your spreadsheet, model the GP/LP waterfall and JV structure, and run sensitivity grids — every number validated as you type.

  • Excel-style grid with keyboard-first editing
  • Waterfall & JV modeling with look-back clawback
  • Two-variable sensitivity analysis
Equity IRR · by exit month21.6%
› solve waterfall
LP pref 8.0% ✓
GP promote 20%
EM 2.66x · IRR 21.6%
DSCR 1.35x · Debt Yield 9.2% · Sources = UsesValidated

Construction

Track every draw and change order

A card-based construction workspace tied to the same model: budget versus actual, draw schedules, commitments, contingency, and lien waivers — without re-keying a single line.

  • Budget vs. actual, live from the pro forma
  • Draw requests with a full audit trail
  • Change orders, RFIs, and daily logs
Budget vs. actual · by divisionDraw #7
Sitework & foundation92% drawn
Structure & envelope61% drawn
Interior finishes18% drawn
Commitments
3-way match
Contingency
Tracked
Lien waivers
Collected

Investor Reporting

Keep your LPs in the loop

Live investor reporting straight from the waterfall engine — capital accounts, distributions, and PDF exports, shared through links whose visibility you control per role.

  • Waterfall distributions, computed not typed
  • One-click PDF investor statements
  • Role-scoped share links (LP-safe previews)
Distribution split · current tierPDF export
LP
82%
GP
18%
Preferred return8.0% · current
Return of capitalComplete
Promote tier 1In progress

Integrations

Fits your existing workflow

Round-trip Excel import and export, plus a one-click connections hub for the tools your team already lives in — connect an account once and it works across the whole app.

  • Excel import & export that round-trips
  • Gmail, Google Drive & Calendar, Outlook, OneDrive, Slack
  • Connect once, use everywhere in the app
Connections hub
Excel
Gmail
Google Drive
Outlook
OneDrive
Google Calendar
Slack
One-click connect

Testimonials

What early users say

We only publish verified quotes — these slots are waiting for real ones.

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Ready to run your next deal?

From the first land offer to the final distribution — one platform, every number accounted for.

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