Best AI Tools for CRE

Best AI Tools for CREAI underwriting software

Job guide · 7 picks

The best AI underwriting software for commercial real estate

Underwriting software reads the rent roll, T-12 and offering memorandum, then fills a model. The differences that matter are which asset types it covers, whether it loads your model or its own, and whether you can trace each number back to the page it came from.

Published Nov 9, 2026 · Facts checked Oct 3, 2026 to Nov 5, 2026

Answer first: for underwriting in your own model with every number traced to source, the custom route from Pacific Software Ventures ranks first. Among off-the-shelf products, start with Archer or Blooma.

The 7 picks

1. Pacific Software Ventures

pacificsoftwareventures.com

Custom route

The custom route: PSV builds the Company Brain for a firm and deploys workflows on top of it, so underwriting runs in the firm's own model.

  • What it buildsPSV builds the Company Brain, the institutional intelligence layer for a firm, and deploys Skills, workflows and agents on top of it inside the AI tools the team already uses. Source: pacificsoftwareventures.com/company-brain, checked Nov 5, 2026
  • SecurityPSV is pursuing SOC 2 Type II and does not hold it. Source: pacificsoftwareventures.com/security, checked Nov 5, 2026
  • ResultWestlake Realty Group cut per-deal underwriting from 6-8 hours of senior time to a 20-minute review, in its own model with every number traced to source. Source: pacificsoftwareventures.com/case-studies/how-westlake-realty-group-cut-underwriting-from-8-hours-to-20-minutes, checked Oct 3, 2026
Price

PSV custom engagements begin at $10,000. Source: pacificsoftwareventures.com/ai-consulting, checked Nov 5, 2026

2. Archer (opens in a new tab)

archer.re

Multifamily underwriting software that parses rent rolls and T12s and loads your own Excel model.

Best for
multifamily acquisitions teams who want to keep their own model.
Price

Archer's pricing page lists contracts from $500 a month, a free trial that requires a card, and unlimited users on Pro. Source: Archer pricing, checked Nov 4, 2026

3. Blooma (opens in a new tab)

blooma.ai

An AI lending platform for CRE lenders, covering origination, underwriting and portfolio monitoring.

Best for
CRE lenders, from small teams to large institutions.
  • AudienceBlooma says it serves CRE lenders “from small teams to large institutions.” Source: Blooma home, checked Nov 4, 2026
Price

We did not find a published price on the pages we read. Source: Blooma home, checked Nov 4, 2026

4. Smart Capital Center (opens in a new tab)

smartcapitalcenter.com

An AI platform for CRE investment and lending, with agents for screening and underwriting.

Best for
lenders and investors who want one platform across the deal.
  • ResultsIt says KeyBank Real Estate Capital cut financial model preparation time by 40% (its own client claim). Source: Smart Capital Center home, checked Nov 4, 2026
Price

We did not find a published price on the pages we read. Source: Smart Capital Center home, checked Nov 4, 2026

5. Dealpath (opens in a new tab)

dealpath.com/ai

Deal management software with AI screening built into the pipeline.

Best for
institutional investors running a shared deal pipeline.
  • ScreeningDealpath says you can upload OMs, rent rolls, T12s and more to create a tear sheet in seconds. Source: Dealpath AI, checked Nov 4, 2026
  • SecurityIt says Dealpath AI is SOC 2 Type 2 compliant. Source: Dealpath AI, checked Nov 4, 2026
Price

We did not find a published price on the pages we read. Source: Dealpath AI, checked Nov 4, 2026

6. ARGUS Enterprise (opens in a new tab)

altusgroup.com/solutions/argus-enterprise

Commercial property valuation and cash flow software from Altus Group, now with ARGUS Assist in its platform.

Best for
institutions that already value and report in ARGUS.
  • SecurityAltus says it holds ISO/IEC 27001:2022 certification and a SOC 2 Type II audit. Source: ARGUS Enterprise, checked Nov 4, 2026
Price

Altus describes a tiered, asset-based subscription; we did not find dollar figures on the page. Source: ARGUS Enterprise, checked Nov 4, 2026

7. Cactus (opens in a new tab)

trycactus.com

AI underwriting and valuation that reads deal documents and produces an analysis you can explore.

Best for
teams that underwrite deal by deal and want to pay per property.
  • InputsCactus says you drop in a rent roll, T-12 and offering memorandum, and it extracts the financials and reconciles the numbers across documents. Source: Cactus home, checked Nov 4, 2026
Price

Pay as you go from $35 per credit, or a subscription with a shared credit pool. Source: Cactus pricing, checked Nov 4, 2026

Prices side by side

ToolWhat it publishes
Pacific Software VenturesPSV custom engagements begin at $10,000.
ArcherArcher's pricing page lists contracts from $500 a month, a free trial that requires a card, and unlimited users on Pro.
BloomaWe did not find a published price on the pages we read.
Smart Capital CenterWe did not find a published price on the pages we read.
DealpathWe did not find a published price on the pages we read.
ARGUS EnterpriseAltus describes a tiered, asset-based subscription; we did not find dollar figures on the page.
CactusPay as you go from $35 per credit, or a subscription with a shared credit pool.

What to test before you buy

Run these on your own documents during the trial.

  1. A deal you know

    Underwrite a closed deal, then compare the result with what you actually did.

  2. Your assumptions

    Confirm it uses your model and assumptions, not only the vendor's defaults.

  3. Traceability

    Trace a number in the output back to the document it came from.

  4. Traps

    Plant a stale rent roll or a mismatched figure and see whether it gets flagged.

  5. Who checks it

    Decide who signs off on the output before it reaches an investment committee.

Questions

Can AI underwrite a deal on its own?

It can parse documents and fill a model quickly, but an analyst still has to check the assumptions. Treat the output as a first draft that someone signs off.

Should I use the vendor's model or my own?

If your investment committee expects your model, pick a tool that loads it, or a custom build. Retyping a vendor's output into your model wastes the time the tool saved.

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