# CRE Acquisition Pre-review

## Product description

CRE Acquisition Pre-review is an evidence-bound screening tool for an early review of a single US multifamily acquisition package. It is designed for an independent acquisitions analyst and keeps source locations, uncertainty, and unresolved conflicts visible.

## Document workflow

The workflow accepts an Offering Memorandum, rent roll, T12, lease summary, and loan term sheet in PDF, XLSX, CSV, or DOCX format. It identifies document types, maps candidate fields into a Canonical CRE schema, calculates supported metrics, and creates findings with source and evidence locators.

## Core calculations

The tool can calculate NOI, cap rate, screening DSCR, covenant DSCR, physical occupancy, leased occupancy, collected-rent ratio, and rent PSF when the required inputs are present and sufficiently supported. Missing values are not silently replaced with zero. Dependent metrics can remain partial or unavailable.

## Finding categories

Findings cover missing documents, source conflicts, rent roll anomalies, income and expense anomalies, lease risks, debt constraints, and unsupported or unverified inputs. A finding retains its priority, status, evidence references, and remediation context.

## Evidence model

Evidence is tied to the source document hash, an excerpt hash, and a format-specific locator such as a PDF page, spreadsheet sheet and cell, CSV record range, or DOCX paragraph/table position. Evidence quality can be exact, approximate, OCR-unverified, or unavailable.

## Public explanation pages

- Methodology: https://cre-due-diligence-ai.pages.dev/methodology/
- FAQ: https://cre-due-diligence-ai.pages.dev/faq/
- Data use: https://cre-due-diligence-ai.pages.dev/data-use/
- Multifamily pre-review checklist: https://cre-due-diligence-ai.pages.dev/guides/multifamily-acquisition-pre-review-checklist/

## Calculation facts

NOI is calculated from the supported T12 income presentation less property operating expenses. Cap Rate is the specified NOI divided by an asking price or an explicitly entered purchase price. Screening DSCR is trailing actual NOI divided by specified 12-month debt service and is labelled a screening proxy when the periods differ. Physical occupancy, leased occupancy, collected-rent ratio, and rent PSF are separate measures; the tool does not infer one from another.

Missing, invalid, unsupported, and conflicting inputs remain visible. A dependent metric can be partial or blocked, and missing values are not replaced with zero. A clean rule means only that the rule ran without a finding within its scope.

## Boundaries

This is a pre-review aid. It does not provide valuation, investment, legal, lending, or buy/no-buy advice. PSA, title, survey, CRM, marketplace, team collaboration, external market-rent estimates, and a persistent hosted deal workspace are outside V0.1.

## Public demo and local workflow

Homepage: https://cre-due-diligence-ai.pages.dev/

The online demo accepts up to five files of up to 900 KiB each, sends them to Cloudflare for one transient parse request, returns a parse summary, and does not store the uploaded files. Use sample or non-confidential files. Complete field confirmation, financial review, findings, and report export run in the local prototype.