CRE Daily
Independent Review Coverage
See how CRE Daily reviewed Solsten's workflow, positioning, and fit for underwriting teams. This is a useful first stop for prospects who want an external take before starting a trial.
Features
Institutional-Grade CRE Analysis. Surprisingly Simple.
Solsten is CRE underwriting software built for deal teams. From initial underwriting to exit scenario modeling, Solsten covers every step of the commercial real estate analysis lifecycle.
No credit card required
Proof
Independent Validation for Feature Buyers
Prospects evaluating feature depth usually want external proof before starting a trial.
G2
User Reviews and Buyer Validation
Browse early user feedback on G2 to see how real users describe Solsten in their own words. We link to the full review profile rather than over-curating individual quotes.
Input & Modeling
Property Overview
Geocoding, property types, ownership lifecycle, image uploads. Track properties from analysis through acquisition to sale.
Rates & Assumptions
Discount rate, cap rate, hold period, and custom year-by-year inflation arrays for market, expense, and general categories.
Operating Expenses
Unlimited expense categories with 10+ frequencies, percent fixed/variable splits, custom areas, and Excel bulk import from T-12.
Recoveries (NNN / Base Year / Mod Gross)
Automatic expense linking. Model net leases, base year stops, and modified gross recoveries — matching ARGUS-grade methodology.
Market Assumptions
Reusable market profiles with automatic inflation from last update date. Chain profiles to different property areas and suite types.
Tenant Lifecycle
13 accordion sections covering lease terms, step increases, renewal probability, holdover status, subleases, rent abatement, and security deposits.
Built for CRE Professionals
Every Input. One Integrated Model.
Property details, expenses, tenants, market assumptions, and recoveries flow into a unified proforma engine — no copy-paste between spreadsheets.
10+ expense frequencies
Excel bulk import (ARGUS compatible)
13 tenant sections
Financial Analysis
Other Revenues
Track parking, signage, laundry, and miscellaneous income. ML-calibrated forecasting with period-average occupancy adjustments.
Financing & Debt
25+ loan fields, multiple loan types (fixed, floating, hybrid), construction loans, amortization schedules, prepayment penalties, DSCR covenants.
Investment & Waterfall
GP transaction fees, 4-tier institutional waterfall preferences, inline investor editing, capital reserve management and forecasting.
Full-Stack Proforma
From Income to IRR.
In Seconds.
Solsten generates complete operating statements with annual and monthly views. Drill into any line item, see exit scenarios for every year, and compare going-forward vs. since-acquisition returns.
PGI → EGI → NOI → Cash Flow pipeline
Contract-rate vacancy methodology
Dual-metric return analysis (Going-Forward + Since Acquisition)
Intelligence
Saga AI Assistant (Grounded Answers)
Ask natural-language questions and get answers tied to your model values, not generic guesses. Saga is designed to cite source metrics and explain drivers year by year.
ML-Powered Forecasting
Solsten learns from your actual payment history. Observed escalation rates blend with your assumptions based on confidence level — improving every quarter.
Fluid Timeline Engine
Calculations auto-adjust as time passes. Vacancies extend, leases expire, and projections update — without you touching anything.
15-Factor Risk Scoring
WALT, tenant concentration, debt maturity, break-even occupancy, DSCR, LTV, vacancy rate, and more — weighted and scored automatically.
Machine Learning
Your Data Gets Smarter
Over Time.
As you enter actual payments, Solsten observes real escalation rates and blends them with your assumptions — giving you forecasts grounded in reality, not just theory.
4 tiers
Confidence Levels
15 weighted
Risk Factors
Vacancies
Auto-extending
30 years
Projection Horizon
Reports & Collaboration
Operating Statement
Annual and monthly views. PGI, vacancy, EGI, expenses, NOI, debt service, and cash flow — with drill-down modals for every line item.
Exit Scenario Analysis
See IRR, NPV, and equity multiples for every possible exit year. Optimal exit year highlighted. Loan maturity flags and historical year separators.
Organizations & Sharing
Create teams with owner/admin/member/viewer roles. Share properties across organizations with granular per-page visibility controls.
Complete Audit Trail
Every change across all 9 entity types is recorded in a searchable activity log. Manual notes, automated tracking, and date-filtered history.
See Solsten in Action
Real screenshots from the Solsten platform — not mockups.
KPI Dashboard & Risk Assessment
Annual Operating Statement
Monthly Operating Statement
Rent Roll Timeline
Excel Import Wizard
Income Rent Roll Timeline
Property Dashboard
Exit Scenario Analysis
Tenant Lifecycle Form
Organization Settings
Share Property Dialog
Clone Property Dialog
Frequently Asked Questions
What features does Solsten include for CRE analysis? +
Solsten includes a full proforma engine (annual + monthly operating statements), DCF analysis with leveraged/unleveraged IRR and NPV, rent roll timelines, ML-powered expense forecasting, NNN/Base Year/Modified Gross recovery modeling, GP/LP waterfall distributions, 15-factor risk scoring, tenant lifecycle management, and an AI chat assistant named Saga.
Can I import my existing data into Solsten? +
Yes. Solsten has a 4-step Excel import wizard that auto-detects expense categories, maps columns, and lets you bulk-import a T-12 operating statement in minutes. You can also enter data manually through guided forms.
Does Solsten support multi-tenant properties? +
Absolutely. You can model unlimited tenants per property with individual lease terms, step increases, renewal probability, holdover status, subleases, rent abatement, security deposits, and free rent periods. The system automatically projects tenant lifecycle events over your hold period.
How does Solsten compare to ARGUS Enterprise? +
Solsten covers much of what ARGUS does — DCF analysis, recovery modeling (NNN, Base Year Stop, Modified Gross), expense projections, and proforma generation — but costs a fraction of ARGUS's $15,000+/year license. Solsten also adds features ARGUS lacks, like ML forecasting, GP/LP waterfall modeling, risk scoring, and an AI assistant.
Is there a free plan? +
Yes. The Free plan lets you analyze one property with full access to every feature — proforma engine, DCF, recovery modeling, risk scoring, and more. No credit card required. Paid plans start at $29/month for additional properties and team collaboration.
What types of commercial properties does Solsten support? +
Solsten supports office, retail, industrial, multifamily, mixed-use, and other commercial property types. The flexible expense, recovery, and market assumption system adapts to any asset class.
See It in Action
Start a free analysis and explore every feature — no credit card, no commitment.