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Feature

Commercial real estate investment memos in 45 minutes.

Writing a commercial real estate investment memo is the final and most judgment-intensive step in the underwriting process. crematic synthesizes extracted deal data, pro forma results, and market intelligence into a complete, formatted CRE investment memo or investment committee memo. What used to take 8-20 hours takes 45 minutes.

Try Free: 1 Memo

What goes into a CRE investment memo

Executive summary

A concise deal overview including property description, asking price, asset class, strategy (core, value-add, opportunistic), and the analyst's investment thesis, written in your firm's voice.

Financial analysis

T-12 actuals, pro forma projections, return metrics (levered IRR, unlevered IRR, equity multiple, cash-on-cash), and a sensitivity matrix, all pulled directly from the modeled pro forma.

Market commentary

Submarket overview, rent trends, vacancy, employment, and demand drivers, synthesized from the market intelligence data and written as a narrative section with source citations.

Risk assessment

Key deal risks identified and articulated: market risk, execution risk, financing risk, lease-up risk, tax reassessment exposure, and rent control considerations where applicable.

Investment recommendation

A structured recommendation section, proceed, pass, or further diligence, with the supporting rationale grounded in the financial analysis and market data.

Versioning and investment committee feedback

Memos are versioned automatically. Every regeneration creates a new version with a diff view showing exactly what changed. Investment committee feedback is captured directly on the deal and fed back into your firm's institutional memory, improving every future memo.

Formatted and export-ready

Memos are generated in a consistent template format. Outputs are print-ready and exportable as formatted documents for distribution to the IC.

The whitespace in the market

Existing CRE software handles deal pipeline management and data extraction. Nobody automates the narrative memo synthesis, the step that requires reading 80 pages of OM, reconciling the numbers, assessing the market, and writing a coherent investment argument. That's exactly what crematic does.

See it in action

Send us an OM and we'll generate a sample IC memo live on the call. Or try your first memo free.

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