CoreCast: The Future of CRE Starts Now

Written By Spencer Vickers

Welcome to the CoreCast blog. This isn’t your average launch post. It’s a manifesto, a battle cry, and an invitation. If you're in commercial real estate (CRE), you already know: the status quo is broken. You've lived it. You've fought through it. Now it's time for something new. Something powerful. Something intelligent.

CoreCast is that something.

We’re actively building CoreCast right now, and the response has been electric. Pre-orders are open, and our founding users are already lining up. The first 50 users will get exclusive early access in just a few weeks. The official beta is coming in Q3 2025, and Version 1.0 is set to launch in Q1 2026.

We built CoreCast because the way commercial real estate operators work today is fundamentally dysfunctional. And we don’t say that lightly. We say it as insiders, analysts, operators, technologists, and investors who’ve spent too long duct-taping together a hundred different workflows, hacking together systems that were never meant to talk to each other. Excel models for every deal. Separate Excel sheets for your pipeline. Ten logins for ten platforms that don’t integrate. Construction updates in one tab, equity waterfall in another. Investor emails in your Outlook. Market data from three subscriptions you barely check. It’s not just inefficient. It’s insane.

Advanced Underwriting, Reimagined

Underwriting is the core of every acquisition and disposition decision. But the traditional approach? It’s time-consuming, fragmented, and rigid.

CoreCast supports advanced underwriting across all major real estate asset classes—including multifamily, office, industrial, retail, hospitality, self-storage, and medical office. We also support niche asset types like RV parks, student housing, mobile home communities, and cold storage. Whether it’s a stabilized asset, a value-add opportunity, or ground-up construction, CoreCast handles it. And if you're working on a mixed-use deal? You can blend asset types into a unified scenario.

Gone are the days of managing multiple models for each property type. With CoreCast, you simply:

  • Select your asset types

  • Add your assumptions and inputs

  • Model construction schedules, lease-up periods, or repositioning plans

  • Mix and match scenarios across asset classes for custom use cases

All of this is embedded in a conversational interface that can adjust as you speak.

"CoreCast, I’m underwriting a mixed-use development with 100 multifamily units, 20,000 sf of retail, and 15,000 sf of medical office. Can you layer in stabilized assumptions for each use?"

"Absolutely. Using historical comps for your market, here’s the projected lease-up schedule, TI assumptions, and exit values for each component. Would you like to run sensitivities by use type?"

Embedded Historical Data, Without the Hassle

We know how annoying it is to track down T-12s and rent rolls, clean them, and reformat them for modeling. So we fixed it.

CoreCast integrates directly with your property management software—whether you use AppFolio, Yardi, RealPage, Entrata, or Buildium. Just connect your data source once. CoreCast ingests historicals and lease data instantly.

Your models start with actuals—T-12 performance, in-place rent rolls, historical expense ratios—automatically pulled in and mapped.

You can:

  • Compare trailing data against your pro forma

  • Identify year-over-year growth trends

  • Detect anomalies in operating expenses

  • See tenant-level lease info, occupancy, turnover, and renewal patterns

"Hey CoreCast, can you pull in the latest T-12 and rent roll from our property manager for the Raleigh portfolio?"

"Done. I’ve updated the base case underwriting with trailing actuals. Notable changes: payroll is trending 5% higher, and occupancy dipped to 91%. Should I rerun the IRR projections?"

AI File Uploads: Eliminate Manual Entry

Manually entering seller financials? Never again.

CoreCast includes AI-powered document parsing. Upload rent rolls, income statements, operating summaries—CoreCast will extract the data and insert it into the model.

  • Got a PDF of a seller's T-12? Upload it.

  • Got Excel files from a broker? Drag and drop.

  • Got screenshots or photos from your phone? Upload those too.

Within seconds, CoreCast maps the data to your underwriting model. You can override any inputs, add commentary, and move forward. What once took an analyst an afternoon now takes seconds.

"CoreCast, here’s the rent roll the seller just sent over. Upload and format it for underwriting."

"Uploaded and mapped. Base rents range from $1.32 to $1.45 per sf. Turnover is averaging 28%. Do you want to adjust your pro forma vacancy?"

Output View: Real-Time Returns, Real-Time Insight

One of our favorite features: the Output View.

While you're underwriting, CoreCast displays your projected returns in real time—updated as you tweak assumptions. No more scrolling through dozens of Excel tabs. Your IRR, equity multiple, cash-on-cash, breakeven occupancy, DSCR, and valuation metrics are front and center, updating live.

  • Adjust your exit cap? See how your IRR moves.

  • Change your CapEx? Watch your returns shift.

  • Change hold period assumptions? Recalculate instantly.

With the Output View, you're no longer modeling in the dark. You're seeing the consequences of every decision as you make it.

"Let’s reduce the CapEx line by $500k and bump our rents by $75/unit. What does that do to our levered IRR?"

"Updated. Levered IRR improves from 13.4% to 14.6%. DSCR stays above 1.35x. Want to re-run your downside case too?"

Management Metrics, Delivered On Your Schedule

You need more than deal-level returns. You need operational insight.

CoreCast delivers portfolio and property-level management metrics at your frequency of choice:

  • Breakeven occupancy (current and projected)

  • Expense ratios across categories

  • Capital stack visualizations

  • Valuation summaries by asset, region, or partner

  • Refinance feasibility based on market rates

Choose to receive these via email, in-app notifications, or Slack integrations. Weekly, monthly, quarterly—you decide.

This isn’t reporting. This is executive insight.

"CoreCast, give me a Monday morning summary of every asset with breakeven occupancy above 88%."

"Six properties match. Two in Houston, one in Charlotte, three in Central Florida. Should I send you a breakdown or notify the property teams?"

Pipeline View + Geospatial Mapping

Deals don’t live in silos. They live on maps, in markets, and across teams.

CoreCast lets you track your pipeline not only by stage but also geographically. Visualize your deal flow across a custom market map. Filter by product type, risk profile, sponsor, or stage.

  • How many deals are in diligence in Texas?

  • Where are your ground-up development opportunities clustered?

  • What’s your exposure to suburban office in the Southeast?

The map view brings spatial intelligence to your pipeline so you can manage risk, allocate capital, and prioritize conversations based on market density and deal maturity.

"Show me every deal under LOI in the Southeast with an IRR over 15% and less than 80% leverage."

"Displaying four deals. Three in Georgia, one in North Carolina. All multifamily, average hold period 4.2 years. Need export for IC deck?"

Stakeholder Portals: Transparency Without The Churn

Every CRE operator knows the pain of preparing investor updates. CoreCast eliminates the churn with live stakeholder portals tailored to your capital stack.

  • LPs see only what they should: distributions, performance, key metrics

  • Lenders see compliance, debt coverage, and valuation

  • JV partners see strategy, status, and timeline

Permissions are fully customizable. Presentation is polished. Updates are live.

No more outdated PDFs. No more email chaos.

"CoreCast, generate a quarterly update for our equity partner on the Tampa deal."

"Done. IRR tracking at 14.2%, occupancy stable at 95%, latest draws accounted for. Want to add a construction photo before sharing?"

What’s Next: The Vision for CoreCast

We’re just getting started. CoreCast will continue to expand in every direction where CRE operators need leverage:

  • Market data ingestion: Bring in CoStar, RealPage, and more for live market benchmarking

  • Automated construction draws: Budget, track, and validate with draw approval flows

  • AI-generated investor reports: Smart summaries that write themselves, ready for your edits

  • Document-level tracking: Manage your deal documents natively in CoreCast, linked to pipeline stages

  • Mobile interface: Underwrite and track deals from anywhere

Longer-term, we’re building toward:

  • Predictive sourcing tools: Deal suggestions based on performance, preferences, and market trends

  • Smart cap table management: Live equity modeling, dilution forecasting, waterfall visualization

  • Cross-deal benchmarking: Understand performance patterns across your portfolio

  • AI deal review assistants: Upload a new OM, get an automated red/yellow/green signal instantly

Check out CoreCast for even more. Sign up. Get early access. Let’s build the future of CRE together.

Spencer Vickers
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