Use Cases

Built for Everyone Who Analyzes Commercial Real Estate

Whether you're an individual investor analyzing your first deal or an institutional team managing a 50-property portfolio, Solsten gives you the same analytical power — scaled to your needs.

By Specialty

Need a Role-Specific View?

Solsten supports broad use cases and role-specific workflows. Explore the pages below for acquisitions, asset management, and real estate education.

Deal Underwriting

Acquisitions Analysts

Build deterministic CRE underwriting models, rerun scenarios quickly, and see exactly how assumption changes flow through NOI, DSCR, IRR, and equity multiple.

View Acquisitions Analysts
Portfolio Operations

Asset Managers

Track projected versus actual performance, explain variance drivers, and monitor lease rollover, vacancy exposure, and operating pressure points over time.

View Asset Managers
Real Estate Education

Students & Faculty

Teach and learn institutional underwriting structure, integrated assumptions, and scenario analysis in a production-style environment instead of static spreadsheets.

View Students & Faculty

Looking for the full overview? Visit Commercial Real Estate Software by Role.

Individual Investors

Analyzing Your First (or Fifth) Deal?

You found a 12-unit strip center or a 30,000 SF office building. The broker sent a trailing-12 expense sheet and a rent roll. Now what?

Solsten walks you through every input — property details, expenses, tenants, market assumptions, financing — with tooltips explaining each field in plain English. No CRE degree required.

If you get stuck, Saga AI assistant (beta) can explain what each input affects and how changes flow through NOI, cash flow, and returns.

Guided workflow — 10-page input wizard ensures nothing is missed

Excel import — upload the broker's expense sheet directly

Instant reports — operating statement, KPIs, risk score in seconds

Free during beta — full access, no credit card

Typical Workflow

  1. 1. Create property → enter address, building size, purchase price
  2. 2. Upload expense Excel from broker
  3. 3. Enter rent roll (current tenants, rents, lease dates)
  4. 4. Set market assumptions (vacancy, TI, leasing commissions)
  5. 5. Add financing terms (loan amount, rate, amortization)
  6. 6. View Reports — NOI, DSCR, IRR, risk score
  7. 7. Share with your lender or equity partner

What You Get

Organization & Teams

Invite analysts, assign properties, control access per user.

Property Sharing

Share properties with investors or partners — per-page visibility controls.

25+ Properties

Professional plan supports up to 25 properties and 2 editor seats.

ML-Calibrated Forecasting

Historical actuals train the ML engine — your forecasts improve over time.

Saga AI Assistant (Beta)

Ask questions about assumptions and outputs in plain English while you underwrite.

Audit Trail

Every change is logged. Activity history per entity across the entire property.

Boutique CRE Firms

5–15 Properties. A Team of 2–5.

You manage a portfolio of office buildings, retail centers, or mixed-use properties. Your team is lean — every analyst needs to be productive from day one.

Solsten replaces the patchwork of Excel spreadsheets, shared drives, and manual processes with a single source of truth for every property. Your team collaborates in real-time with role-based access control.

Multi-user — owner, admin, analyst, viewer roles

Property sharing — send view-only links to investors with page-level controls

Portfolio-wide risk — compare risk scores across properties

Institutional Analysts

Tired of Paying $15,000/Seat for ARGUS?

ARGUS Enterprise is the industry standard — and it should be. But at $15,000+ per seat per year, it's hard to justify for every analyst, especially for preliminary deal screening and scenario analysis.

Solsten gives you ARGUS-grade proforma modeling — the same DCF methodology, the same recovery calculations, the same operating statement output — at a fraction of the cost. Use it alongside ARGUS for secondary analysis, or as a complete replacement for smaller deals.

ARGUS-compatible — same DCF methodology, recovery logic, and output format

Waterfall distributions — 4-tier GP/LP structures with catch-up and promote

Dual returns — going-forward and since-acquisition metrics with lease coverage gating

Exit scenarios — IRR, NPV, equity multiple for every exit year

Solsten vs ARGUS Enterprise

Solsten ARGUS
Price per seat~$100/mo$15,000/yr
Setup timeMinutesDays–Weeks
DCF Analysis
Recovery Calcs
ML Forecasting
Risk Scoring✅ (15 factors)
Waterfall Modeling
Property SharingLimited

Plans for Every Stage

Free

Try before you buy

$0 /mo

forever

  • • 1 active property
  • • 1 analysis per month
  • • 1 editor seat
  • • Unlimited viewers & sharing
  • • Full proforma engine
  • • ML-powered forecasting
  • • Excel import
  • • Saga AI (50 onboarding requests)

Starter

Individual investors

$49 /mo

per month

billed annually ($468/yr)

  • • 5 active properties
  • • 6 analyses per month
  • • 1 editor seat
  • • Unlimited viewers & sharing
  • • 1 portfolio
  • • Saga AI (75 queries/month)
  • • Everything in Free

Professional

Firms & brokerages

$99 /mo

per month

billed annually ($948/yr)

  • • 25 active properties
  • • Unlimited analyses
  • • 2 editor seats
  • • Unlimited viewers & sharing
  • • 5 portfolios
  • • Waterfall modeling
  • • Saga AI (300 queries/month)
  • • Everything in Starter

Enterprise

Institutional teams

Custom

starting at $399/mo

  • • Unlimited active properties
  • • Unlimited analyses
  • • Unlimited editors
  • • Unlimited portfolios
  • • Waterfall modeling
  • • Custom branding
  • • API access
  • • Dedicated support
  • • Saga AI (unlimited queries)

All plans include full access during beta. No credit card required.

Frequently Asked Questions

Who is Solsten designed for? +
Solsten is built for anyone who analyzes commercial real estate: individual investors evaluating their first deal, boutique CRE firms building proformas for clients, acquisitions analysts underwriting acquisitions, asset managers tracking portfolio performance, real estate students learning underwriting, and institutional teams needing ARGUS-grade analysis without the price tag.
Can individual investors use Solsten without a finance background? +
Yes. Solsten has a guided workflow that walks you through each input step — property details, expenses, tenants, financing, and market assumptions. Every field has help text explaining what it means and why it matters. The Free plan includes one full analysis at no cost.
How does Solsten help small CRE firms compete with institutional players? +
Solsten gives small firms the same analytical capabilities that large institutions get from ARGUS — DCF analysis, recovery modeling, waterfall distributions, and proforma generation — at a fraction of the cost. ML-powered forecasting and risk scoring add intelligence that most spreadsheet-based workflows lack.
Is Solsten suitable for classroom use? +
Yes. Several university real estate programs use Solsten for teaching underwriting. The Free plan gives each student one full property analysis, and the guided interface helps students build skills without getting lost in spreadsheet mechanics.

Ready to Build Better Proformas?

Join the beta and get full access to every Solsten feature — proforma engine, ML forecasting, risk scoring, waterfall modeling, and more.

No credit card required. Full access during beta.