Guide

Titleman vs Keyway (2026)

Keyway calls itself an agentic operating system for commercial real estate, with document extraction, rent comps and memos. Titleman starts from an address and returns a sourced underwriting. What each lists and where each stops.

Keyway describes an "Agentic Operating System purposefully built for Commercial Real Estate": document extraction and lease abstraction, rent comps, market intelligence, investment committee memos and performance monitoring. Titleman does fewer jobs and starts elsewhere, at an address, returning an underwriting or value opinion with each figure traced to its source. Pick Keyway for an ongoing document-and-comps workflow with a trial available. Pick Titleman when you want closed sales as comps and a live Excel model from an address.

Published by Titleman, which makes one of the tools compared. Updated 19 October 2026.

Which Keyway

This page is about Keyway at keyway.ai. The domain keyway.com redirects to an unrelated internet provider. Statements about Keyway come from keyway.ai, read on 19 October 2026.

The comparison at a glance

CriterionKeywayTitleman
PositioningAgentic operating system for commercial real estateAI engine for real estate answers from an address
DocumentsKeyDocs: document extraction and lease abstractionReads the OM, rent roll and T-12 as inputs to a run
CompsKeyComps: rent compsClosed sale comps, selected by rule
MarketKeyBrain: market intelligenceProperty record, zoning and comps assembled per address
MemosInvestment committee memos and loan narrativesMemo with a live Excel model
MonitoringPerformance monitoringNot offered
Security statedSOC 2 Type IINot stated here
Excel and APINot verified on the pages we readExcel with live formulas
Trial and price"Start Free Trial" and "Request a Demo"; no pricesNot listed here

What Keyway lists

Keyway names property and asset managers, brokers, investors and lenders as users. Its modules are KeyDocs, KeyComps and KeyBrain, and it lists investment committee memos, loan narratives and performance monitoring. It states SOC 2 Type II. Its own page says AI accuracy depends on the underlying models, so users must verify results, and that its comps draw on openly available data. We could not find stated Excel or API support on the pages we read, so ask before assuming either.

Where Titleman differs

Sale comps with rules you can read. Titleman's comps are closed sales of the same property type, within one mile by default and the last 24 months, with date, price and size on each row. A comp set needs at least three priced comps, the subject's own sale is excluded, and rows that are not truly comparable come back as reference only, with the reason. The same request returns the same rows in the same order. Keyway's comps are described as rent comps, so the two are not interchangeable.

A model you can open. The underwriting comes as a memo and a live Excel model with a 10-year pro forma, loan schedule, DSCR, debt yield and returns. Each input shows its source and date and each result its formula. The median underwriting took about 56 minutes over the 30 days to 13 October 2026; about one run in ten took longer than 96 minutes. Repeat runs can differ, so read the stated assumptions. The memo does not give a final price or a buy or sell verdict.

What Titleman lacks. It does not monitor performance after the deal, and its lease reading is lighter than a dedicated abstraction tool. If lease abstraction is the main job, see what lease abstraction is.

Who should pick which

  • Asset managers who want documents, comps and monitoring in one place: Keyway.
  • Investors and lenders who want a sourced model on an address, with sale comps: Titleman.

How to test them on one deal

Give both the same rent roll and T-12. Check the tie-out, and ask what each comp is: rent or sale, with what date and size.

What neither replaces

  • A licensed appraisal where one is required.
  • Title, legal and environmental diligence.
  • The professional who signs the decision.

FAQ

What is the difference between Titleman and Keyway?

Keyway calls itself an agentic operating system with document extraction, rent comps, market intelligence and performance monitoring. Titleman starts from an address and returns an underwriting or value opinion with sale comps and a live Excel model, and it does not monitor performance.

Does Keyway have a free trial?

Keyway's site showed a Start Free Trial button on 19 October 2026, but we could not verify the terms of the free offer.

Is Keyway SOC 2 certified?

Keyway states SOC 2 Type II on its site. We have not seen the report.

Does Keyway export to Excel?

We could not verify Excel or API support on the Keyway pages we read. Ask the vendor.

What kind of comps does Titleman return?

Closed sales of the same property type, within one mile and 24 months by default, each with date, price and size. Rows that are not comparable are marked reference only with the reason.

Written by the Titleman team with AI assistance (Claude). Statements about other companies come from each company's own website or documentation, read on 19 October 2026, and are marked as theirs. Titleman competes with some of the products discussed here.

Sources: keyway.ai, read 19 October 2026 (keyway.com is a different company and was not used). Titleman comps rules: Titleman product documentation. Titleman run times: median request-to-delivery for finished and charged underwriting runs (n=48), 13 September to 13 October 2026, from Titleman's own production records.

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