Research, analysis, and perspectives on the built world.
A step-by-step guide to the real estate deal underwriting process, covering market context, development budget, pro forma construction, capital stack structuring, and sensitivity analysis. Includes a practical breakdown of where AI is compressing timelines and what still requires senior-level analytical judgment.
March 30, 2026 ·4 min read
A test fit is a spatial validation exercise that tells developers whether their intended program fits a site or building shell before design fees accumulate. This guide explains what test fits include, when they are run across the development process, and how AI is reducing turnaround from days to hours.
March 29, 2026 ·5 min read
A step-by-step guide to using AI to compress investment committee memo preparation from days to hours. Covers which sections AI can populate, where human judgment remains essential, and how to structure the workflow for consistent, audit-ready output.
March 28, 2026 ·4 min read
Construction draw review is one of the most document-intensive recurring tasks in development finance. This post explains what AI can handle -- G702/G703 cross-referencing, lien waiver reconciliation, inspector report comparison -- and what still requires human judgment, with deployment patterns for lenders and owners.
March 26, 2026 ·4 min read
AI contract analysis is a genuine time saver for development teams reviewing PSAs, construction contracts, and development agreements. This post covers what the technology extracts reliably, where it still falls short, and the workflow pattern that gets the most from AI without removing necessary human review.
March 25, 2026 ·5 min read
AI can process a title commitment, categorize exceptions, flag risks, and summarize instruments in hours rather than days. This post explains what AI handles in title review, what still requires an attorney, and how development teams are cutting review time by 60 percent per deal.
March 24, 2026 ·4 min read
A practitioner breakdown of how AI approaches rent growth forecasting in commercial real estate, covering data inputs, modeling methodology, accuracy by market type, and how to integrate AI-generated forecasts into your underwriting workflow.
March 23, 2026 ·5 min read
AI digital workers are software entities that perform specific analytical tasks inside real estate development workflows — document review, data extraction, research synthesis, and memo drafting. Here's how they integrate and what oversight they require.
March 22, 2026 ·5 min read
AI is changing how commercial real estate teams review the document stack in transactions -- from PSAs and leases to environmental reports and operating agreements. This post breaks down what AI can extract reliably, what still requires human judgment, and how development teams are integrating both into a faster, more consistent review workflow.
March 22, 2026 ·5 min read