XCreOS · The operating system for multifamily syndicators
The OS for multifamily syndicators

Underwrite the whole deal in minutes, not weekends.

Drop in the broker package. XCreOS reads the OM, the T-12 and the rent roll, and hands back a sourced, LP-ready underwriting. Then runs the whole deal in one place: source, underwrite, operate, dispose.

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Underwritten in  4 min
Sourced from 14 documents
CAP RATE  0
DSCR  0
beta.xcreos.io/deals/maple-court
XCreOS underwriting view: a sourced, LP-ready model for Maple Court Apartments
Trusted by syndicators $1.2B+ underwritten this year Source → underwrite → operate → dispose
Three steps to a model

From broker package to sourced underwriting. In minutes.

1

Drop the package

Upload the OM, the T-12 and the rent roll. No template, no re-keying. XCreOS reads them the way you would.

OM · T-12 · RENT ROLL
2

It parses and sources

Every line is extracted and tied back to the document it came from. Income, expenses, taxes, reassessed and flagged.

EVERY NUMBER, TRACEABLE
3

Decide with confidence

A complete underwriting: worth, upside, loan, and three valuation scenarios. Ready for the IC, not to rebuild.

WORTH · UPSIDE · LOAN
The whole deal, one place

From first broker call to final sale.

01Source 02Underwrite 03Operate 04Dispose

A pipeline that moves deals, not sticky notes.

Pipeline · $55.8M
Sourcing1

Cedar Bend Flats

72u · San Antonio, TX
$9,750,000
Screening1

Oasis at San Marco

127u · Jacksonville, FL
$14,100,000
Underwriting2

Maple Court Apartments

48u · Austin, TX
$8,400,000

Dalecrest Place

96u · Charlotte, NC
$8,400,000
IC / LOI1

Brookline Commons

54u · Tulsa, OK
$6,150,000
Under Contract1

Larry's Landing

66u · Wichita, KS
$12,450,000

The fastest defensible underwriting in multifamily.

Maple Court · 48 units
NOI · Year 1
$487,260
Cap rate
5.80%
DSCR
1.31×
IRR · 5-yr
16.2%
5.50% cap
$8,859,000
UNDERWRITTEN
5.80% cap
$8,400,000
6.10% cap
$7,988,000
Effective gross incomeRENT ROLL · p.2$948,420
Operating expensesT-12 · row 47($412,330)

Know how every property is performing, monthly.

Oasis at San Marco · Operations
NOI run rate
$1,002,795
+4.2% YoY
DSCR · trailing
1.42×
covenant 1.25×
Debt yield
8.92%
stabilizing
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG

Exit with numbers you can defend.

Refinance case · credit committee
Refi proceeds · zero-cash-in
$6,805,000
DSCR selected 1.25× NOI simulation ✓ Closing statement ✓
RUNWAY TO STABILIZED REFI15 MO
Sell or refinance: the case is already built.
Traceability

Every number defends itself.

Click any figure and XCreOS shows the document it came from: the page, the row. When the IC asks where a number came from, you have the answer, not a guess.

CAP RATE 5.80% DSCR 1.31× IRR 16.2%
Net operating income$487,260
Effective gross incomeRENT ROLL p.2$948,420
Operating expensesT-12 row 47($412,330)
Real estate taxesCOUNTY CAD($48,830)
Replacement reservesLENDER REQ($12,000)
What it does

Everything the deal needs. One surface.

The work that used to live in twelve tabs and a spreadsheet that breaks, in one place built for operators. Source, underwrite, operate, dispose.

01

It reads the broker package.

Drop the OM, the T-12 and the rent roll. XCreOS reads every line, so you skip the data entry and start with a model.

OfferingMemo.pdfPARSED
T-12.xlsxPARSED
RentRoll.xlsxPARSED
02

Every number defends itself.

Click any figure and see the document it came from. The model you would put in front of an LP, line by line.

$0
Net Operating IncomeRENT ROLL p.2
03

Worth, upside, loan, compare.

The four answers every deal turns on, in one view.

04

Comps, built in.

Market rents and cap rates inside the deal. No third browser tab.

5.20%cap rate5.80%
05

Version compare.

Every version saved. See what moved your IRR, and why.

0%+0.8% IRR vs v3
06

The whole pipeline.

Source, underwrite, operate, dispose. One place, end to end.

SOURCEUWOPERATEEXIT
07

Brokers and LPs, tracked.

Every broker and investor, next to the deals they actually touch.

08

Markets, sourced.

Submarket cap-rate bands you can cite, not guess.

09

Operations, monthly.

Budget vs actual, distributions, the whole hold in one line.

10

Investor-ready exports.

One click to a deal memo your LPs can actually read.

11

Yours. Private by default.

Your deals, your data. Not training a model, not shared.

0
To a sourced underwriting
$0
Underwritten this year
0
Metros, market data built in
0
Every number, sourced
Why operators switch

The first deal I ran through XCreOS, I had a model I could defend before the broker even called back. The weekend of spreadsheet work just disappeared.

Valoris Capital Partners · Multifamily syndicator
Questions

The things operators ask first.

What do I actually upload?
The broker package as it comes to you: the offering memo, the T-12, and the rent roll. No template, no re-keying. XCreOS reads the formats brokers actually send.
Is the model accurate enough for an IC?
Every figure is sourced back to the document and the line it came from, so you can audit it before you present it. It is built to take to the IC, not to rebuild from scratch.
Can I get in now?
We are opening access in stages. Join the early list and you will be first in when we open, straight from the founder, before anyone else.
Is my deal data private?
Yes. Your deals and your data are yours. They are not shared and not used to train a model.

Stop rebuilding the model. Start running the deal.

We are opening access in stages. Join the early list and you are first in when we open.

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