Real estate investment platform
Underwriting your decision-makers can trust.
Origentic is the deal platform for real-estate finance professionals — a deterministic calc engine, glass-box AI, and decision-ready outputs, from first screen to final distribution.
Built for analysts, syndicators, fund managers, and family offices. Multifamily, retail, industrial, office, self-storage, hospitality, and SFR/BTR — the whole deal lifecycle, no spreadsheet handoffs.
- Deterministic engine, verified by a golden test-vector suite
- Glass-box AI powered by Anthropic
- Every number has a source
- 2FA · roles · full audit log
- Free to start — no card required
Monthly-granularity engine
12 return metrics per run
49-cell sensitivity grids
100% of AI values carry provenance
One platform for the whole deal.
Underwrite
From rent roll — or lease roll — to returns in one sitting.
Multifamily acquisitions and ground-up development, plus retail, industrial, office, self-storage, hospitality, and SFR/BTR. Unit mix or tenant-by-tenant leases, T-12 opex, growth vectors, S-curve draws — every assumption in one grouped panel, every output recalculated live as you type.
Decide
Pressure-test before you commit.
Two-variable sensitivity grids, base/upside/downside scenarios side by side, IRR-hurdle waterfalls with computed distributions per tier. Know where the deal breaks before your decision-makers ask.
Operate
The model doesn't retire at closing.
Closed deals flow into your portfolio with the underwriting as budget. Enter monthly actuals, track NOI variance by asset, and answer 'how are we doing against underwriting?' with a number, not a shrug.
Seven asset classes, one engine
Pick the class. Watch the model adapt.
Exactly like in the product: the asset class drives the input panels and headline metrics, while returns, debt, waterfall, and sensitivity run on the same deterministic core.
Multifamily
modeled by unit
Acquisitions and ground-up development — unit mix, lease-up pace, growth vectors, S-curve draws.
Lev. IRR
17.9%
Multiple
2.11x
Econ. occupancy
93.1%
Expense ratio
41.2%
Built like a financial instrument.
The engine is deterministic, the AI shows its work, and everything downstream — memo, pipeline, sharing — reads straight from the model.
Deterministic calc engine
Numbers that reconcile. Every time.
Monthly cash flows, amortization to the period, DCF with reversion on forward NOI, levered and unlevered returns — the same inputs always produce the same outputs, verified against a published test-vector suite. No hidden adjustments, no rounding drift, no “the model said so.”
- Monthly granularity internally; clean annual rollups on screen
- IRR, equity multiple, cash-on-cash by year, yield-on-cost, development spread
- Full amortization schedules, DSCR and debt yield, IRR-hurdle waterfalls
Levered IRR · exit cap × rent growth
Glass-box AI
AI that shows its work — and waits for your sign-off.
Drop in a rent roll or T-12 and every extracted field carries its source document, page, and confidence score. Nothing touches the model until you review and approve it.
Investment memo
From model to memo without retyping a number.
Sources & uses, cash flows, sensitivity, waterfall tiers — with narrative you edit section by section, printed to a letterhead-quality PDF. Every figure in the memo is the figure in the model.
Deal lifecycle
Screening to closed, on one board.
Kanban when you’re triaging, a sortable table when you’re reporting — search, filter, and sort the whole book. Bulk-import an existing pipeline; jump anywhere with ⌘K.
Collaboration & sharing
Your team on the deal. Your LPs in the loop.
Comments, @mentions, tasks, and key dates live on the deal. Share a read-only, watermarked link with an investor — pick the visible tabs, set expiry and passcode, revoke anytime, and see who opened it.
Security & trust
Built for confidential deal data.
Two-factor authentication
Role-based access
Per-organization isolation
Full audit log
Controlled share links
Provenance everywhere
Your next deal, end to end.
- 1
Create the deal
Pick the asset class — multifamily to hospitality — and the lifecycle, acquisition or ground-up development. Name it, place it, pick a stage.
- 2
Load the facts
Type assumptions directly — unit mix or tenant-by-tenant lease roll — or upload the rent roll and T-12 and approve the AI's extraction field by field.
- 3
Underwrite live
Adjust assumptions on the left, watch IRR, equity multiple, DSCR, and the full cash-flow table update on the right.
- 4
Pressure-test
Run the sensitivity grid, build upside and downside scenarios, size the debt, compute the waterfall.
- 5
Take it to your decision-makers
Generate the memo, print the PDF, get the yes. After closing, track actuals against your underwriting.
Pricing
Free to start. Priced for deal teams, not enterprise procurement.
Start free — full engine, 3 active deals, no card.
Analyst
$89/mo
or $890/yr — 2 months free
Everything in Free, plus:
- Unlimited active deals
- AI extraction 25/day, AI memos 15/day
- Email support
- 1 seat
Syndicator
$189/mo
or $1,890/yr — 2 months free
Everything in Analyst, plus:
- Team roles & member invites — up to 5 seats
- Portfolio actuals & variance
- AI extraction 100/day, AI memos 60/day
- Priority support
Institutional
Custom
annual contracts from $7,500/yr
Everything in Syndicator, plus:
- Unlimited seats
- Onboarding & ARGUS/Excel model migration
- Custom assumptions library
- Security review packet & DPA
- Invoicing / ACH, annual order forms
- Dedicated support
Every plan includes the full deterministic engine. AI features require an Anthropic API connection.
Common questions
What is CRE underwriting software?
CRE underwriting software turns a deal's rent roll, operating statements, and assumptions into a pro forma that projects income, expenses, debt service, and investor returns (IRR, equity multiple, cash-on-cash, DSCR) so investors can decide whether to buy. Origentic does this on a deterministic engine where every output traces to a source input.
Is Origentic free?
Yes — Origentic has a free plan: the full engine, 3 active deals, 1 seat, no credit card. Paid plans start at $89/month, and every new organization gets a 14-day full trial.
What is the best free multifamily underwriting software?
Origentic is a free, institutional-grade option for multifamily underwriting: it handles rent rolls, unit mix, loss-to-lease, renovation premiums, debt sizing, and GP/LP waterfalls at no cost on the free plan, whereas most comparable tools charge monthly or per seat.
How does Origentic use AI to automate real estate underwriting?
Origentic uses AI only to read documents — rent rolls, T-12s, and offering memoranda — and to propose structured inputs with per-field provenance. All math runs on a deterministic engine, and a human reviews and approves extracted fields before they enter the model, so automation is fast but fully auditable.
Does Origentic support GP/LP waterfalls and sensitivity analysis?
Yes. Origentic models multi-tier equity waterfalls (preferred return, GP catch-up, promote, clawback) and two-variable sensitivity and scenario tables such as exit cap versus rent growth, natively.
Which asset classes does Origentic underwrite?
Seven on one engine: multifamily, retail, office, industrial, self-storage, hospitality, and residential (single-family rental and build-to-rent).
What does “every number has a source” mean?
It means every figure Origentic shows — in a pro forma, waterfall, sensitivity table, or investment memo — can be traced back to the specific assumption or source-document field it was derived from, because the calculation engine is deterministic and AI-extracted inputs carry provenance.