What we'd build · Commercial Real Estate
CREZoid
Lease, underwrite, and report on $640M of CRE — pro-forma to waterfall in one workspace.
AUM
$640M
14 assets · 3 funds
Portfolio NOI
$26.3M
▲ 4.2% YoY
Occupancy / WALT
93%
5.2y WALT
Active deals
3
220 Magnolia · best & final
Portfolio assets
| Asset | Type | Submarket | SqFt | NOI | Cap | DSCR | Hold |
|---|---|---|---|---|---|---|---|
| 4900 Sandstone Logistics | Industrial | Austin SE | 482K | $4.7M | 6.2% | 1.42 | Hold |
| 220 Magnolia Tower | Office | Austin CBD | 218K | $6.8M | 5.8% | 1.18 | Sell |
| Bayside Town Center | Retail | Tampa | 184K | $3.5M | 6.6% | 1.32 | Hold |
| Sage Crossing Apartments | Multifamily | Phoenix | 248u | $5.2M | 5.5% | 1.22 | Hold |
| River Bend Distribution | Industrial | Dallas | 612K | $6.0M | 5.8% | 1.48 | Hold |
Per-asset business plans rolled up into the portfolio dashboard.
Continue to rent roll →
Rent roll · 4900 Sandstone Logistics Park
| Suite | Tenant | SqFt | Rent | $/sf | Escalation | NNN | Status |
|---|---|---|---|---|---|---|---|
| 101 | PrimaShip Logistics | 142,000 | $1.28M | $9.00 | 2.5% annual | NNN | Current |
| 105 | Crater Goods Co. | 98,000 | $833K | $8.50 | CPI cap 4% | NNN | Current |
| 110 | Northbridge Brewing | 122,000 | $988K | $8.10 | $0.20/sf | NNN | Renewal pending · 14d to notice |
| 120 | Vacant — formerly Apex Mfg | 120,000 | — | — | — | — | Vacant · 3 LOIs |
2025 CAM rec: Estimated $1.84M · Actual $1.91M · Variance +$72.4K (+3.9%) · gross-up applied to 95% occupancy floor · true-up issued 3/15 · 0 disputes.
Lease abstraction parses signed leases into normalized terms with confidence per field.
Continue to deal pipeline →
Investment-sales pipeline
| Deal | Side | City | SqFt | Ask | Cap | Stage | Lead | Days |
|---|---|---|---|---|---|---|---|---|
| 220 Magnolia Tower | Disposition | Austin | 218K | $124.5M | 5.7% | Best & Final | Velez | 65d |
| Skylark Pavilion | Acquisition | Charlotte | 184K | $38.2M | 7.1% | Underwriting | Bhatt | 110d |
| Westgate Industrial | Acquisition | Memphis | 412K | $52.8M | 6.9% | LOI | Reeve | 156d |
| Avalon Crossings | Acquisition | Nashville | 268K | — | 6.4% | Target | Bhatt | — |
220 Magnolia: 6 bidders, 3 finalists, top bid $122.4M (5.85% in-place cap).
Continue to underwriting →
Underwriting · Skylark Pavilion · Charlotte NC
15.8%
2.04x
7.8%
1.47
$23.8M · 65% LTV · 6.25%
$44.3M
Sensitivity — Levered IRR (rent growth × exit cap)
| Rent ↓ / Exit cap → | 6.5% | 7.5% | 8.5% |
|---|---|---|---|
| 2.0% | 17.4% | 13.8% | 10.2% |
| 3.0% (base) | 19.4% | 15.8% | 12.2% |
| 4.0% | 21.4% | 17.8% | 14.2% |
Sensitivity, debt sizing, and DSCR test computed off the same model.
Continue to investor portal →
Total commitments
$110M
5 active LPs · 3 funds
Unfunded
$4.6M
CC-2026-002 due 5/13
Last distribution
$4.28M
Industrial II · Q1 2026
Distribution waterfall · last 12 months
| Date | Fund | Type | Total | Pref | Catch-up | Promote |
|---|---|---|---|---|---|---|
| 4/15/26 | Industrial II | Operating | $4.28M | $4.28M | — | — |
| 1/12/26 | Multifamily I | Capital event | $18.4M | $6.20M | $1.24M | $2.19M |
| 10/14/25 | Office I | Operating | $1.84M | $1.84M | — | — |
K-1 distribution, capital calls, and waterfall computed off the fund GL automatically.
Continue to compliance →
Compliance dashboard
Phase I ESA · ASTM E1527-21 · 14 of 14 assets current 100%
Corporate Transparency Act / BOI · 17 of 18 reporting 1 amendment pending
FinCEN GTO · all-cash >$300K reported on Form 8300 within 30d Compliant
ADA Title III · 12 of 14 assets compliant 2 remediation plans
SOC 1 / SSAE 18 · Q4 2025 type II from JP Morgan Zero exceptions
Audit trail tamper-evident; 7-year retention per state PE / CRE recordkeeping rules.
This is a sample of what we'd build for a Commercial Real Estate business — hand-crafted UI with sample data, no real engine running. The actual app we'd ship for you uses your folders, your branding, and your domain. Schedule a walkthrough to see a tailored version.