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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Appraisal-AI is an innovative software solution designed to assist U.S. banks and appraisal management companies (AMCs) in their appraisal review processes through the use of artificial intelligence. This advanced platform is capable of analyzing both commercial and residential appraisal reports in their entirety while generating findings complete with page references for easy navigation. A rules-based engine ensures accuracy by verifying important data such as figures, dates, and rental rates, which are matched against financial tables that have been extracted from the reports. Before the final results are delivered, a human reviewer meticulously examines each outcome for quality assurance. Additionally, the software produces the BRAVE 99-field XLSX format specifically for commercial reports, facilitates the extraction of financial data into Excel, identifies potential bias language in accordance with the Fair Housing Act, and accommodates UAD 3.6 guidelines for residential reports. Users can also inquire about specific details within report PDFs, which are supported by page citations, and leverage a Partner API that includes webhooks along with options for white-label report delivery. For those interested in compliance and security, the platform's SOC 2 Type 2 report is accessible under a non-disclosure agreement. This comprehensive tool not only streamlines the appraisal review process but also enhances accuracy and accountability across the board.

Description

Minervian AI serves as a web-based platform for underwriting commercial real estate aimed at various stakeholders such as brokers, lenders, developers, private equity firms, and sponsors involved in acquisitions. Users can easily upload a range of documents, including offering memorandums, rent rolls, spreadsheets, and PDFs, or they can articulate their deals using straightforward language. The AI technology efficiently extracts critical transaction information, proposes assumptions, and identifies any gaps in the data provided. A robust financial engine generates detailed lease-level forecasts, operational cash flows, expense recoveries, schedules for debt and refinancing, equity waterfalls, as well as calculations for both levered and unlevered returns. This versatile platform accommodates a variety of asset types, including office, lab, industrial, retail, and market-rate multifamily properties, catering to various transaction strategies such as development, core, and value-add investments. Users have the capability to model properties, modify assumptions using simple language, and easily export their models and schedules to Excel, facilitating seamless investment and lending processes. The platform offers a complimentary plan that allows for five lifetime deals, while the premium CRE Pro plan enhances this with additional deal allowances and AI usage. Minervian AI streamlines the underwriting process, making it accessible and efficient for users across the commercial real estate sector.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

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Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$25/user/month
The Free plan costs $0 and includes five lifetime deals, 5 million input tokens, and 500,000 output tokens, with no expiry. CRE Pro costs $25 per seat per month and includes 15 deals, 5 million input tokens, and 1 million output tokens per account each month; these allowances are shared across seats. Additional usage costs $7.50 per deal, $5 per million input tokens, and $25 per million output tokens.
Free Trial Yes 
Free Version Yes 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Appraisal-AI, Inc.

Country

United States

Website

www.appraisal-ai.com

Vendor Details

Company Name

Minervian AI

Founded

2025

Country

United States

Website

minervianai.com

Alternatives

Alternatives

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