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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Automated underwriting empowers Commercial Real Estate Brokers, as well as CRE investors and lenders, to quickly access projected cash flow information within minutes. This process is essential for assessing the financial risks and potential profitability associated with a property. Thanks to advancements in Artificial Intelligence (AI) and Machine Learning (ML), the tedious tasks of document parsing and calculations that real estate analysts traditionally face are streamlined through automated underwriting solutions. OS/Rent Roll extraction, along with underwriting and workflow automation software, can operate at speeds and cost efficiencies that are ten times better than previous methods. By significantly reducing the hours spent on manually extracting financial data from operating statements, rent rolls, and trailing statements, industry-standard loan models can now be prepared swiftly. Users can conveniently upload various documents in any format, with the assurance that their uploaded files will be securely stored in a personal data vault. The Clik engine processes these documents and extracts vital financial information in mere seconds, boasting an impressive accuracy rate of over 99%. This level of efficiency not only enhances productivity but also empowers users to make informed decisions faster than ever before.

Description

Solsten is a cutting-edge platform that leverages AI to assist mid-market brokers, operators, and syndicators in commercial real estate underwriting, catering to those who have moved beyond Excel but find ARGUS Enterprise unnecessary. Users can create detailed financial models that include multi-property pro formas, comprehensive lease-by-lease rent rolls, varied exit strategies, and intricate investor distribution waterfalls, whether European, American, or hybrid promote, along with advanced modeling for step-up amortization and recoveries related to CAM, NNN, and multifamily RUBS. With Saga, the integrated AI assistant, support is tailored to the specifics of each user’s deal rather than relying on generic conversations. The platform ensures that every assumption is meticulously versioned, every formula is transparent and auditable, and all outputs can be exported seamlessly. While ARGUS Enterprise comes with a hefty price tag ranging from $5,000 to over $15,000 per seat annually, Solsten Professional is offered at a competitive rate of $1,932 per year, which includes access for two editor seats. Additionally, a free tier is available, allowing users to validate the platform's capabilities with one property and one analysis per month without needing a credit card. Designed specifically for independent brokers, acquisition teams, syndication sponsors, and CRE fund managers, Solsten empowers users to streamline their underwriting processes efficiently. As a result, it serves as an invaluable tool for those looking to enhance their real estate investment strategies.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

No images available

Integrations

Microsoft Excel Yes 

Integrations

Microsoft Excel No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$99/month
Free Trial No 
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) Yes 
Online Support Yes 

Customer Support

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

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Clik Technologies

Founded

2017

Country

Canada

Website

clik.ai/

Vendor Details

Company Name

Nordic Real Estate Services, LLC

Founded

2026

Country

United States

Website

solstencre.com

Product Features

Lease Management

Billing & Invoicing No 
Commercial Leases No 
Contact Management No 
Landlord Database No 
Lease Classification No 
Portfolio Management No 
Property Management No 
Residential Leases No 
Retail Leases No 
Sublease Management No 
Tenant Database No 

Loan Origination

Amortization Schedule No 
Audit Trail No 
Closing Documents No 
Compliance Management No 
Customer Database No 
Digital Signature No 
Document Management No 
Fee Management No 
Loan Processing No 
Online Application No 

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