Ironclad is the underwriting platform for CRE investors — analyze rent rolls, trailing financials, debt, taxes, renovations, and investor returns, then stress-test the downside before you commit capital.
Optimistic rent assumptions nobody pressure-tested.
Wrong expense resets and a phantom 40% ratio.
Proceeds that don't survive a stress scenario.
A promote structure nobody can actually explain.
Business plans that break the day ops begin.
Everything you'd rebuild in a fragile spreadsheet — structured, defensible, and stress-tested.
Rent roll, trailing financials, offering-memo notes, and key assumptions in one place.
Senior debt, supplemental loans, preferred and common equity, sponsor fees.
Rent growth, vacancy, expenses, exit cap, refinance, DSCR, break-even points.
Export lender- and investor-ready outputs without rebuilding in Excel.
First-pass go/no-go in minutes, not hours.
End-to-end model with defensible assumptions.
Compare structures and size to DSCR/LTV.
Model capex, downtime, and rent premiums.
Tiered returns investors can follow.
Re-underwrite against actuals mid-hold.
Short on time or want a second set of eyes before committing capital? Our consulting desk underwrites your deal with the same discipline the platform enforces — and hands you a model you can defend to lenders and investors.
Sharpen your process while you evaluate the platform.
Join the investors underwriting with discipline, speed, and defensible assumptions.
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