Deal-document review for commercial real estate

Find what changes the price before the deposit goes hard.

Capley is designed to read the leases, amendments, rent roll, T-12, CAM reconciliation and PSA, and pull out the problems that change the price or the terms. Each one comes with the document, section and page it’s on, and Capley tells you what it couldn’t check. The call stays with you.

30 minutes on a synthetic deal. No upload needed.
Design preview · pre-launch
Synthetic example

$600,000 of repricing implied by two cited findings.

Catch the retrade items in the rent roll, leases and CAM reconciliation while there’s still time to use them.

Example Plaza is offered at $12.0M: seller NOI of $870,000 at a 7.25% cap. Two lines in the documents say that NOI is $43,500 a year too high. At the same cap rate, that is $600,000 of price.

Example Plaza is a synthetic deal. Names and figures are fictional.

Seller NOI, per the seller’s rent roll and pro forma
$870,000
Example Coffee rent cut the rent roll missedCoffee amendment § 2 · p. 2
−$30,000
CAM billed above the grocer’s 4% capGrocer lease § 7.3 · p. 11
−$13,500
NOI the documents support
$826,500
$43,500 ÷ 7.25% cap = $600,000, or $11.4M at the same 7.25% cap.
Price math from the documents at the going-in cap. Not an appraisal.
Repricing implied
$600,000
How it works

The short version.

See all seven steps
  1. 01

    Upload the deal package

    Leases, amendments, rent roll, T-12, CAM reconciliation, PSA, estoppels, title and the seller’s model. Scanned pages too.

  2. 02

    Capley sorts and reads it

    Each file is identified and read page by page, so every finding is designed to point back to its source.

  3. 03

    Up to 8 analyses, each cited

    Findings are sorted into four buckets (Price, Act, Post-close, Unverified), and each one carries the page it’s on.

  4. 04

    You make the call

    The report opens with the dollars and shows which analyses ran. Set the call, then export an IC memo or a client copy.

For buyers, and the brokers who represent them.

For investors

Proceed, reprice or kill.

Acquisitions VPs and analysts at small and mid-size CRE investors.

  • Is this still a deal at this price?
  • What do I take to IC?
  • What goes hard this week?
IC memo
The priced findings with their cites and the call your team set, laid out for committee.
Capley for investors
For brokers

Give your buyer client a cited read.

Investment-sales brokers who represent buyers.

See what the buyer’s diligence is likely to raise, priced where the documents allow, and send it to your client as a clean report with your logo on it.

Client copy under your brand
A clean version with your logo. Your internal notes stay out.
Listing-side reports: coming later.
Capley for brokers
Data handling

What happens to the documents you upload.

Commitments for launch. The Security page has the detail.

Security & data handling
  • Will never be used to train models
    Your documents will be used to analyze your deal and nothing else.
  • Documents and analysis will stay in the United States
    Website and app traffic passes through our network provider’s global edge but isn’t stored there. Website form requests are stored in that provider’s database.
  • Documents deleted 90 days after a deal closes, or sooner when you say
    You’ll be able to delete a deal at any time. Each deletion produces a receipt.

See Capley on a sample deal.

Our team walks through a synthetic deal package and the report Capley produces from it. In early access, run a deal you’ve already closed or killed, and compare what Capley flags with what your team found.

30 minutes on a synthetic deal. No upload needed.