Answer

How Long Does AI Underwriting of a Commercial Real Estate Deal Take?

Measured on production on 11 October 2026: the 49 underwriting runs of the previous 30 days took a median of 55.8 minutes from start to delivery. What that time covers and what it does not mean.

About 56 minutes. Measured on production on 11 October 2026: the 49 underwriting runs that finished and were charged in the previous 30 days took a median of 55.8 minutes each.

That is the time from the moment the run starts to the moment its result is delivered. It is the machine's time, not yours: you send the documents and come back to the result.

The measurement

MeasureUnderwriting runs
Finished and charged runs in the 30 days to 11 October 202649
Median time, start to delivery55.8 minutes
The middle half of runs39.1 to 71.8 minutes
One run in ten took longer than97.5 minutes

One query against production, run on 11 October 2026 at 10:12 UTC. It counts every underwriting run started in the 30 days before it that finished and was charged with credits, ours and our clients' alike. The time runs from the start of the run to the delivery of its result; where a run carries no delivery time, the time of its charge is used (10 of the 49). Runs that were stopped or failed are not in it.

What that time covers

An underwriting run reads what you send, usually the offering memorandum, the rent roll and the trailing twelve months, ties the documents to each other, pulls comparables with a source on every row, and builds the model. Where the product produces a workbook, it is an Excel file with live formulas, and your assumptions replace ours.

The time moves with the deal: the middle half of runs spans about half an hour. We have not measured what drives the difference, so we name no cause.

What it does not mean

  • It is not a promise for your deal. The table is what happened, not a service level.
  • It is not the end of the work. The output is a draft for a licensed professional on your team to review and sign.
  • It does not include your own reading time. Every figure points to the page, the cell or the record it came from so that an analyst can check it line by line.

How to see it on your own deal

The fair test is a deal you already closed: we run it and you compare the result with your own file. That first benchmark is on us. Ask for it here: request a demo

What we need from you is on its own page: what we need from you to underwrite a deal

See an underwriting on a deal you already closed

Request a demo