Your buy box in, off-market deals and honest OMs out
A working prototype of a sourcing engine for a real estate fund buying walk-ups and mixed-use buildings in New York, Hudson County and lower Westchester. It reads the public record every night, scores each property against the buy box, explains every score, and gives every broker OM the same first read.
Runs in your browser on sample data. Nothing you do in it is stored. Built for real estate funds and private equity.
Ashgrove Yard Capital, Tuesday October 6: three overnight signals, the top off-market fit moved to an estate trust, and one broker OM built on leases that have not started.
Six things the demo does end to end
The morning note
What changed overnight that matters to the buy box: a mortgage coming due, a transfer to a trust, a new OM and what its first read found. Each sentence carries the record behind it.
Signals before listings
Loan maturities, transfers, missed tax payments, withdrawn permits and long holds, the reasons an owner might sell before a broker is involved.
A score you can read
Rent upside, owner motivation, basis against sales comps, condition and location, each with the reasoning and a source chip that opens the record.
The case against
Written as hard as the case for: stabilized units that reprice slowly, violations and capital work, a price above comps, an owner with no reason to sell.
Every OM read the same way
The rent roll against the T-12, the pro forma against what the units can legally reach, expenses against comparable buildings, and the questions for the broker drafted.
Owner letters and a pipeline
Letters that read like someone who knows the building and never mention the loan or the trust, approved one by one, and a pipeline that remembers why you passed.
Three steps, five minutes
Take the tour
Fourteen stops, about five minutes. From the morning note into one off-market building, its score and case against, the buy box, an OM that does not hold up, and the pipeline.
Change the buy box
Raise the weight on owner motivation or lower the stabilized limit, and watch the ranking re-order with arrows. Include near misses to see why a building falls outside.
Read the Bay Ridge OM
Open each finding's citation, draft the questions for the broker, or move it to underwriting with the findings attached. Then press Run sourcing.
We build it custom for your fund
The demo runs on sample data. A real build connects to your own tools and is fitted to how you already work.
Your markets and your data
Connected to the public records for your counties, the listing and comp sources you already pay for, and the data room or inbox where OMs arrive.
Your buy box and your judgment
Your markets, asset types, size, price and regulatory limits, with weights set from the deals you closed and the ones you passed on.
Tested on your last year
Run against the properties you looked at in the last twelve months and compared with what you decided, then tuned until the ranking matches how your team thinks.
A person decides and sends
The system reads, scores and drafts. Your team approves every owner letter and broker email, and nothing moves in the pipeline without a click.
Want this built for your fund?
Thirty minutes with Ishaan: what it would connect to, what it needs from your side, and whether it makes sense to build it together.
Book a free callor write to us at [email protected]