A workstation for PE acquisitions

From broker package
to investment decision.

Cadastre composes the underwriting view from the broker package: rent roll, T12, comps, debt. Variance, DSCR, sensitivity, and a memo your IC will actually read.

Built for
Acquisitions teams · analysts, VPs & ICs
Inputs
OM · rent roll · T12 · comps · debt
Outputs
Underwriting · IC memo · IC packet
The workflow

Underwrite the deal
once, not five times.

Today the package gets re-keyed into a fresh model by hand, every time, on every deal. Cadastre takes the same inputs and composes the deal once: extracted, reconciled, flagged, and IC-ready. The team spends its hours on judgment, not data entry.

You drop in

The broker package

OM Rent roll T12 Comps Debt terms Leases
One drop · any format
Cadastre composes

Reconciled underwriting

NOI vs T12+3.1%
DSCR · Y11.34×
Going-in cap6.42%
Insurance line −20.8% vs comps. Flagged before LOI.
Extracted · reconciled · flagged
You ship

An IC-ready memo

Proceed
Memo + analysis · one PDF
01 · Intake

The package becomes a deal record.

You bringThe broker package: OM, rent roll, T12, comps, debt, leases.
CadastreExtracts and classifies every file into one structured record, with inline QA where it isn't certain.
Your teamStarts from a clean, sourced deal instead of a blank workbook.
Stops: re-keying PDFs into a model by hand.
02 · Underwriting

The model reconciles itself.

You bringYour assumptions: rent growth, exit, leverage, scenarios.
CadastreRuns UW-vs-T12 variance, the 5-year pro forma, DSCR/LTV against the lender floor, and a checks panel that surfaces what breaks.
Your teamSees risk early and argues the deal, not the spreadsheet.
Stops: silent errors that surface in the IC room.

“That’s a very good feature.”15-year institutional underwriter, on the cross-document reconciliation

03 · Decision

The memo is already written.

You bringYour read: commentary, strengths, the open questions.
CadastreComposes a headline decision, the metrics, a drafted narrative, and an open-items list, exported as one branded IC packet.
Your teamWalks into IC with a consistent, auditable packet every time.
Stops: rebuilding the memo deck the night before IC.
Where it fits

The whole journey.
Our part, sharpened.

A deal travels from a name on a list to a closed asset. Cadastre owns the screening-to-underwriting wedge, so you see more deals and miss fewer good ones, then hands clean, sourced numbers to the tools you already use for diligence and close. It doesn't try to be the whole stack.

01 · Source

Find & log

Pipeline, duplicate guard, sourcing inbox.

Deepening
02 · Screen

Read the package

Extract the rent roll, T12 and OM, reconcile and flag, in minutes at volume.

Core today
03 · Underwrite

Run the numbers

In-place NOI, pro forma, DSCR/LTV, sensitivity, the lender lens.

Core today
04 · Diligence

Third-party reports

PCA, environmental, appraisal, legal, survey.

Your stack
05 · IC

Decide

Memo, open items, a branded IC packet.

Deepening
06 · Close & operate

Sign & manage

PSA, financing close, asset management.

Your stack

This is the part Excel can't do. A spreadsheet only reorganizes what you typed into it. Cadastre reads the messy documents, reconciles them to the trailing actuals, and shows which raw line rolled into each bucket and what's off its own trend. That judgment, the part an analyst adds, is rendered and auditable: not a prettier model, a faster and more defensible read.

Why the numbers hold up

Reliable numbers.
Defensible outputs.

Every figure in the underwriting is reliable, repeatable, and defensible. Inputs are extracted from the documents, and every calculation runs in code. The same inputs always produce the same outputs, with no hallucinated math.

Deterministic math

Same inputs, same outputs.

Inputs are extracted from the rent roll, T12, and OM. Every calculation runs in code: NOI, T12 variance, DSCR, the pro forma. Re-run the same inputs and you get the same outputs, with no hallucinated math.

Documents AI extraction Deterministic engine Underwriting
Connected risk flagging

Every flag traces to the page.

Discrepancies are caught by deterministic checks, not generic alerts. Every flag links back to the exact line item and source page in the original document. You verify each issue in one click, before LOI.

Flag Line item Source page Audited

“Assembling the operating statement and the rent roll is itself a lot of detailed judgment, and that first step is done here. A very good start in this direction.”

15-year institutional underwriter · ex-Cushman & Wakefield, EY

Built with working acquisitions analysts reviewing live broker packages. Refined against the deals teams underwrite every week.

What changes

Faster deals.
Sharper decisions.

The teams winning more deals aren't working longer hours. They've taken the manual rebuild out of the process. The cost of staying on a folder of spreadsheets is speed, consistency, and the quality of the call.

On the current process
  • Every deal rebuilt by hand from the broker package.
  • Each analyst's model formatted differently; assumptions buried.
  • Errors and stale comps surface mid-IC, if at all.
  • Memos assembled by hand the night before the meeting.
  • No audit trail: who changed what, and why.
On Cadastre
  • The package composes into one structured deal in minutes.
  • One underwriting standard across every deal and every analyst.
  • Variance, leverage, and consistency checks flag risk before LOI.
  • The IC packet is generated from the live model, on demand.
  • Every assumption and resolution is traceable and reviewable.

Hours, not days.

From broker package to a defensible underwriting in a single sitting, so the team screens more deals and moves faster on the ones that matter.

One standard.

Every deal underwritten the same way, with the same checks. Reviews get faster because the principal already knows where to look.

Better calls.

Risk surfaces early and stays visible through IC. Decisions rest on reconciled numbers and a clean trail, not on whoever built the tab.

Your documents stay yours. Never sold, never shared, never used to train a model. A US-only data-residency path is available on request.
Access

Bring a live deal.

Cadastre is rolling out to acquisitions teams by invitation. Tell us about your team and the deals you review, and we'll follow up with access and a walkthrough on one of your own deals.

Put your next deal
through the workstation.

We'll take a real broker package from intake to an IC-ready memo with you, end to end, so you can see exactly how the workflow changes before you commit your team.

Request access · → Prefer to connect directly? Reach out on LinkedIn → We review each request and follow up with access and a walkthrough.