Move from first look to conviction before the market moves.
Screen the inbound deal the day it lands and underwrite the live one to a committee-ready view at live-deal pace. Every number is source-traced, every step the analyst’s to direct.
The acquisitions team
More deals taken seriously, the day they land.
Broker materials hit the inbox and the work starts the same morning. Your analyst pulls the headline numbers through a light, top-line pass and sees what the deal pencils to: going-in cap, the levered return, debt yield, price per unit.
Fig · First look, the morning it arrives
A day on the deal
From the broker’s email to a case the committee can read.
The same path runs on every deal your analyst touches, so the first-look screen, underwrite, and memo follow the firm’s standard every time.
- 01
01
Screen the inbound
Run the headline numbers through a light pass the morning the materials land. The team sees the in-place and the broker’s stabilized pro-forma side by side, and decides what is worth a real look.
- 02
02
Read the documents clean
Pull a clean, source-traced rent roll and trailing-twelve out of whatever the broker sent, every figure footed to the document it came from.
- 03
03
Underwrite to your view
Set revenue, expense, capex, and financing assumptions one driver at a time. Each is proposed with a rationale and written into the model only when your analyst accepts it.
- 04
04
Run the cases
Size the debt to the binding constraint and price Base, Upside, and Downside off one switch, so the back-end risk is on the table before the case goes up.
- 05
05
Bring the case to IC
The screening note first, then the IC memo in the firm’s house voice, recommendation up top, every figure traced to the model or a cited source.
01 · Underwrite to conviction
A committee-ready view, on the asset you actually trade.
- The model is built for the deal’s asset class, from multifamily and industrial to medical office, hotel, and ground-up development, sized to the binding loan constraint and priced across three live cases.
- Every assumption is saved with a one-line rationale, so the case carries its own reasoning into the memo and your analyst can show where a sponsor number was discounted.
- A freshly built model carries house defaults, each labeled as a default, until your analyst sets the real numbers.
- The extract is a clean read of the documents. Every figure is sourced and footed; every inferred value is marked. The occupancy verdict, the mark-to-market view, and the risk call are the analyst’s to make.
Residential
Multifamily
Build-to-rent
Student
Seniors
Affordable
Manufactured
Condo
Commercial
Office
Retail
Industrial
Medical office
Hospitality
Hotel
Specialized
Data center
Life science
Self-storage
Land
Fig · One returns engine, every asset class
02 · Bring a sourced case
The screening note, then the IC memo, in the house voice.
- The screening note lands a clear pursue-or-pass in a concise first-look format; the IC memo leads with the recommendation, the equity ask, and the headline return, then the support.
- For the IC memo your analyst approves a section-by-section outline before a single line is drafted, and can redirect the conclusion before it writes.
- Every figure is pulled from the model and footnoted to its source. A missing number is flagged and surfaced; the model’s tables go in as exhibits the committee can verify.
- Ask it to match the firm’s filed memos and it follows the same section order, tone, exhibit style, and number treatment, grounded to the same numbers.
Fig · Recommendation first, traced to source
What changes for the team
More deals evaluated, with the firm standard applied earlier.
The acquisitions team carries a wider pipeline at a higher standard, and the hours that went to production work go back to the view.
More throughput
More deals evaluated, the bar held
The team screens every inbound the day it lands and underwrites the live ones to a committee-ready view, so a larger pipeline gets a real look.
Level up the bench
Analysts start from the firm standard
The same path runs the firm’s deal work on every deal, so a first-year starts with a clean extract, a source-traced model, and a memo draft in the firm’s format.
Time back to think
Hours move from formatting to judgment
The clean extract, the model, and the memo draft come together as your analyst works the deal, so the hours go to the view and the diligence instead of production work.
Your analysts direct the work. Your firm owns the investment decision.
Cap Orbit produces the numbers and the drafts at speed. The pursue-or-pass decision, pricing view, and investment decision stay with the analyst, the deal team, and IC.
Screening delivers facts at speed
The first look returns what the deal pencils to the morning it lands: going-in cap, levered return, debt yield, price per unit.
Every assumption is the analyst’s to set
Each driver is proposed with a rationale and written into the model only when your analyst accepts it. The team shapes the case one decision at a time.
The memo writes in the firm’s voice
The recommendation is drafted in your analyst’s voice, every figure sourced to the model or a cited document, ready for the committee to read.