What software do family offices use to evaluate commercial real estate deals?

Family offices usually evaluate commercial real estate with a mix of Excel models, a comps or data subscription, and outside help from brokers and advisors. The newer option is an AI analyst that reads the sponsor's package, checks it against the market and writes a memo, which suits a lean office that sees deals from many sponsors but has few in-house analysts. What a family office needs from deal software - Independence from the sponsor. The office needs its own read of the numbers, not the sponsor's model restated. - A clear view of the downside: what happens to returns if rents stall, rates stay high or the exit cap rate rises. - Simple outputs for principals: a short memo, the key figures, and the open questions to put back to the sponsor. - Confidentiality. Deal documents should stay with the office and never be shown to anyone else. How to evaluate a co-investment or LP deal 1. Check the basis: price per unit or per square foot against recent arm's-length sales nearby. 2. Check the income: in-place rents against market rents, and expenses against the asset's history. 3. Check the debt: maturity, rate structure and DSCR under the sponsor's case and a stressed case. 4. Check the fees and the waterfall, and what the sponsor earns before investors are made whole. Where AI helps and where it does not AI is strong at steps 1 to 3: reading the documents and comparing them to the market quickly. The waterfall and the sponsor relationship still need a person who reads the operating agreement and knows the people. Titleman reviews a sponsor's package figure by figure, marks what holds and what does not, and returns a cited report. The decision stays with you. Learn more: https://titleman.ai/products/deal-review