REAL ESTATE. UNDERWRITTEN.
Know the deal.
See the whole picture.
From the first rent roll to the final investment case.
Bring the evidence, the business plan, and the people into one workspace.
Built for real-estate investment teams. Access by invitation.
Keystone / Investment workspaceSample data
MULTI-FAMILY · ILLUSTRATIVE PROPERTY
Riverbend Commons
Knoxville, TN · 80 units · 1988
GUIDANCE$8.0M
RR · Aug 2026 ✓
In-place NOI
$496K
T12 · August 2026
In-Place Cap
6.20%
Actual NOI / guidance
Occupancy
93.8%
75 of 80 units occupied
✓
Source review
Reviewed80 units reconciled · Active rent roll and T12 selected
The operating picture
- Gross potential rent
- $1,248,000
- Effective gross income
- $1,150,000
- Operating expenses
- $654,000
- Net operating income
- $496,000
The plan ahead
01
Review the evidence
Rent roll and trailing financials
02
Test the business plan
Renovations, financing, scenarios
03
Build the investment case
Decisions and supporting documents
Illustrative property and figures. No private deal data is displayed.
One deal.
A connected investment case.
Keep historical performance separate from the plan ahead. Trace the numbers back to their documents, then see how each assumption changes your projected returns.
Illustrative underwriting · Not live deal data
YOUR NEXT INVESTMENT
Every deal stands
on its keystone.
Build the investment case, stone by stone, until it holds its own weight.
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