Financial spreading — converting raw property financials into standardized analytical formats — is a manual bottleneck in CRE underwriting. Every property uses different chart of accounts, formatting, and reporting conventions. Manually re-keying and classifying 100+ GL line items for each property takes 45-90 minutes and introduces classification errors that affect NOI calculations.
Upload operating statements, T12s, GL exports, and rent rolls in any format (PDF, Excel, CSV).
AI automatically classifies every revenue and expense line item to a standardized chart of accounts using embedding similarity with LLM fallback.
Reconcile rent roll revenue against operating statement collections.
Apply property-type-specific normalization (e.g., NNN expense treatment, management fee normalization).
Generate standardized output: T12 with per-SF metrics, year-over-year variance analysis, and trend identification.
Export to underwriting model templates (Excel, Argus-compatible).
Automate This Workflow
Crevanta provides the extraction and structuring foundation that makes CRE workflow automation possible.