What DealWise AI does
Every capability in the product, grouped by where it sits in a deal — getting the documents in, modelling what they say, judging whether it works, and handing you something you can send.
It starts with the documents, and that is the whole difference
Most underwriting software starts at a blank form and asks you to fill it in. The modelling that follows is often excellent — and it begins after the slow part is already done.
The slow part is the documents. A sixty-page executed lease, four amendments, an operating statement and an offering memorandum that may or may not agree with any of them. That is where the afternoon goes, and it is where the errors get in.
So DealWise starts one step earlier. Upload and auto-build is first in this list on purpose — everything below it is downstream of getting the terms out of the paper correctly.
Get the data in
Upload & auto-build
Drop in the offering memorandum and the deal builds itself.
Start a deal from a document rather than a blank form. Drop in the offering memorandum, the leases and the operating statement, and DealWise reads them, proposes the property facts, the suites and the rent schedule, and fills them in. You review what it found rather than typing it. Nothing else in this list matters as much, because getting terms out of PDFs is where underwriting time actually goes.
Lease abstraction
Terms pulled out of the lease and its amendments, clause by clause.
Dates, rent steps, lease type, options, TI, recovery terms and guarantor language, extracted from the executed lease and every amendment stacked on top of it. Each extracted term is shown against the clause it came from, so checking one takes a glance instead of a re-read.
Operating statement reading
Income and expense lines read off the P&L, labelled with their source.
The trailing twelve months or the year-end statement, read line by line into income and operating expense, with capital items separated from operating ones. Every figure is labelled with where it came from, because an expense you cannot trace is an expense you cannot defend to a lender.
Rent roll builder
Suite by suite, with the rent schedule behind each one.
The rent roll is the system of record: every other number is derived from it, never entered beside it. Each suite carries its own dates, its own stepped rent schedule and its own lease type, so a mid-year increase is modelled as a mid-year increase rather than averaged away.
Model it
Cash flow modeling
Every month of the hold, derived from the rent roll.
NOI computed monthly from the suites and the real operating expenses — never typed in as a figure. Recoveries, vacancy, credit loss and reserves each sit where they belong relative to the NOI line, which is what makes the result reconcile against an operating statement instead of merely looking plausible.
Debt modeling
Amortization, interest-only, balloon — and what the lender will test.
Monthly debt service from the loan terms, including interest-only periods and the balloon balance at maturity. It carries the tests a lender actually applies: DSCR, debt yield, break-even occupancy, and whether your hold period runs past the balloon.
Exit & sale modeling
Forward NOI, exit cap, and what actually lands after costs.
The exit is where most of the return is, and it rests on two assumptions. DealWise grows revenue and expenses independently to a forward NOI rather than applying one blended rate, capitalises it at your exit cap, and nets out sale costs and the loan balance.
Rollover & re-leasing
What happens to income when leases actually roll.
Expirations bucketed by year and weighted by rent, so clustering shows up rather than hiding behind an average lease term. Each suite carries its own re-leasing assumptions — market rent, renewal probability, downtime, free rent, TI and commission — so the cost of a rollover is modelled alongside the rollover itself.
Judge it
AI deal analysis
A buy, hold or pass read — with the clause behind it.
A written verdict on the deal, grounded in the rent roll and the documents it was built from rather than a summary of what you typed. Every judgement cites the clause or the line it rests on, because an AI verdict you cannot trace back to a lease is worth nothing.
Stated vs derived check
What the seller claims, against what the rent roll supports.
A seller's stated cap rate is a marketing claim, so DealWise captures and displays it and never treats it as an input. That separation is what makes the comparison possible: the gap between the stated cap rate and the one your rent roll and real expenses actually support, in basis points.
Deal audit
Finds the errors in your own numbers before a lender does.
Runs your deal against the mistakes that recur: suites named after the property, rent that does not reconcile to the schedule, dates that cannot be right, expenses on the wrong side of the NOI line. Cheaper to find yourself than to have found for you.
Tenant credit & guaranty
How much of the rent sits behind a covenant you trust.
Guarantor language read out of the leases and rolled up weighted by rent, not by suite count — because the question is how much income stands behind a covenant, not how many tenants have one. The share with nothing recorded is reported beside the rest, since a summary that is silent on it converts silence into a covenant.
Lease comps
Your in-place rents against what comparable space achieved.
Comparable leases adjusted for the differences that matter and checked against the rents in your own roll, so a suite priced above or below the market shows up as a number rather than an instinct.
Co-tenancy stress test
What an anchor leaving does to everyone else's rent.
Retail co-tenancy clauses let smaller tenants cut rent or leave when an anchor goes dark. DealWise reads those clauses and models the knock-on: which tenants are triggered, what it costs, and how far the income falls if the clause fires.
Sell side & output
Listing price opinion
A defensible asking price, for the other side of the deal.
For a broker taking a listing rather than underwriting a purchase: a price opinion built from the rent roll and a market cap rate, with the range and the reasoning you need to write the proposal. The deliverable is the information behind the recommendation, not a generated document.
Exports
The cash flow model and the lease abstracts, downloaded.
The month-by-month cash flow model, the rent roll and the lease abstracts, as spreadsheets you can send. Not a screenshot of a dashboard — the working file, so the person who asks for your model gets your model.
Where these go next
How it works
The sequence, in order — upload, read, review, decide, download.
What you can do with it
The jobs these capabilities add up to.
Pricing
What is on the free plan, and what is not.
Free calculators
Fourteen CRE tools running the same engine. No signup.
How to read an OM
What the documents actually claim, and what to check.
CRE glossary
Every term, grouped by the question it answers.
Start with a document, not a blank form.
Upload an offering memorandum and a stack of leases. DealWise reads them, builds the rent roll, models every month of the hold and ends with a buy, hold or pass — with the clause it relied on. Free plan, no credit card.