Commercial Real Estate Portfolio Software One Fund-Level View Across Every Property

Commercial real estate portfolio software rolls the financial models of several properties into one fund-level view: aggregated NOI, cash flow, value, debt, occupancy, DSCR and LTV, a combined operating statement, fund-level investor assignments and waterfalls, and a reporting view for each limited partner. It covers the investment side of running a book of properties. Rent collection, accounts payable, the general ledger and maintenance belong to property operations software, which is a different category.

Each property keeps its own lease-by-lease model. The portfolio scales every property's figures by the share of that property the portfolio reports on (100 percent by default, lower for genuine co-ownership) and sums them by year. NOI, value, debt and debt service are weighted sums; occupancy is weighted by rentable square feet; DSCR is total weighted NOI over total weighted debt service; LTV is total weighted debt over total weighted value; the cap rate is forward twelve-month NOI over estimated market value, value-weighted across the fund.

Yes. Each property carries its own GP/LP waterfall (return of capital, preferred return with simple or compound accrual, GP catch-up, residual promote). A portfolio can also enable fund-level investing, assign investors at the fund level, and run one waterfall on the aggregate cash flow with its own preferred return rate and method. The configuration section previews every tier before anything is distributed.

Only their own position: equity invested, blended ownership, distributions received, projected remaining distributions, preferred return paid and accrued, their NOI share, and their projected IRR, equity multiple and NPV. The sponsor chooses a disclosure level per portfolio: summary only, line items, or full. The view is scoped on the server; one investor cannot see another investor's position or the GP's fees and waterfall internals.

Either. The page has two modes: Projected Full Year, and Actuals plus Remaining plus Full Year, which uses recorded actuals for the months that have them and the projection for the rest. Distributions paid to investors are recorded against the projection, and the lender and covenant view reports actual DSCR, LTV and debt yield per loan against the covenant thresholds you set.

No. Solsten does not collect rent, pay vendors, keep a general ledger or run maintenance. It does not move money, collect subscription documents or produce K-1s. It is the underwriting, asset management and investor reporting layer: the model you bought the deals with, kept alive after closing and rolled up by fund.

Portfolios, waterfall modeling and investor logins are included from the Starter plan ($99 per month, 1 portfolio) and the Professional plan ($179 per month, 3 portfolios). Enterprise plans are tailored. The Free plan covers one property and no portfolios. Investor logins are viewer access and never count against editor seats.