Advanced Commercial Underwriting – Portfolios, Mixed-Use & Multi-Tenant

Advanced, institutional-grade underwriting for complex commercial assets, including multi-tenant, mixed-use, industrial, hospitality, and portfolio acquisitions.

Complex assets require a higher level of modeling rigor, scenario testing, and risk structuring than standard single-asset deals. This package is built for exactly that.

The Full Commercial Underwriting – Complex Asset Package delivers institutional-grade financial modeling, valuation, debt sizing, and return analysis for multi-layered or operationally complex commercial real estate investments. This package is specifically designed for assets with multiple revenue streams, layered expenses, varied tenant exposure, phased lease structures, or portfolio-level dynamics.

This is a remote, advisory-only, pre-closing service used by professional investors, syndicators, brokers, and funds evaluating sophisticated acquisitions.

WHAT’S INCLUDED

(Includes EVERYTHING from Tier 1 Screening + Tier 2 Market & Competition, plus ADVANCED Tier 3 modeling for complex assets):

• Multi-entity & multi-income stream modeling

• Normalized T12 rebuild (complex expense segmentation)

• Advanced rent roll audit across multiple tenant types

• 10-year institutional pro forma

• Revenue layering by tenant, unit, or use

• Expense benchmarking by asset subtype

• CapEx assumptions by building/use class 

• Multi-scenario valuation via Direct Cap & DCF

• Advanced DSCR & LTV debt sizing

• Refinance modeling with multiple exit paths

• Investor return modeling (IRR, Equity Multiple, CoC)

• Sensitivity analysis across rent, vacancy, exit cap, and debt

• Offer pricing & structure guidance

• Capital stack structuring advisory

• Portfolio or mixed-use risk segmentation

• Targeted advisory notes on risks to validate during due diligence

ASSET TYPES COVERED

This pricing applies to:

• Multi-tenant retail

• Mixed-use properties

• Industrial facilities

• Hospitality assets

• Multi-property portfolios

• Master-leased commercial assets

• Phased lease-up assets

Base Complex Underwrite: $3,750

High-Complexity / Large Portfolio: Up to $4,500
(Final price determined by tenant count, revenue layers, and asset scope.)

WHO THIS IS FOR

• Syndicators underwriting multi-layered acquisitions

• Funds evaluating portfolio purchases

• Brokers packaging institutional-grade listings

• Investors assessing master leases or hybrid-use assets

• Operators preparing capital stack & refi strategy for large deals

TURNAROUND TIME

• 7–14 business days from complete document upload
  (depending on asset complexity and document quality)

IMPORTANT SCOPE & DISCLAIMER

This service is:

• Remote

• Advisory only

• Pre-closing only

This service does NOT include:

• Due diligence execution

• Physical inspections

• Lease verification

• Engineering or environmental review

• Legal, tax, or securities services

All modeling is based solely on client-provided information and professional underwriting assumptions.