🚀 CRE Investment Intelligence

Underwrite Institutional Deals in Seconds, Not Hours.

Stop relying on brittle, recursive Excel sheets. CRE Dev Sim is the world’s first visual deal simulator that handles complex capital stacks, institutional waterfalls, and tax-deferred exits natively.

Visual Intelligence over Row-and-Column

Most models are hidden in cells you can't see. CRE Dev Sim gives you a real-time, high-fidelity visual dashboard. See exactly how your deal structure shifts as you toggle debt, equity, and lease-up timelines. It’s not just a calculator—it’s a sandbox where you can see the deal break before it actually does.

One Engine, Every Asset Class

Designed for total versatility. Toggle between Multifamily, Industrial, Retail, Office, Hotel, Mixed-Use, or Self-Storage. Whether you're modeling a Ground-Up Development, Major Renovation, Distressed Value-Add, or Stabilized Acquisition, the engine adapts to your deal type instantly.

Built for Your Reality

Perfect for you if you're a General Partner looking to quickly stress-test sponsor promotes, an Institutional Analyst auditing complex joint ventures, or a Real Estate Entrepreneur needing to present institutional-grade pitch decks to capital partners.

Institutional-Grade Modeling Architecture

Our simulation engine handles the heavy lifting of sophisticated deal-making, all natively integrated into one interactive workflow:

• Dynamic Debt Underwriting: Hard-coded DSCR, Debt Yield, and LTV constraints.

• Multi-Tier Promotes: Custom IRR/MOIC hurdle waterfalls.

• Tax-Deferred Logic: 1031 Exchange, Depreciation, & Recapture analysis.

• Sensitivity Analysis: IRR Heatmap for blended rates & exit cap targets.

• Stress & Breakeven: Real-time margin-of-safety testing.

• Comparison Tool: Run Scenario A vs. B side-by-side.

💻 Core Mathematical Engine

The Simulation Application

Our multi-tiered script calculation processor isolates structural variables instantly, generating clear, report-ready metrics without recursive Excel errors.

Dynamic Multi-Tier Promotes

Input custom internal rate of return (IRR) or multiple on invested capital (MOIC) hurdles. Set precise split shifts across separate independent equity layers.

Lookback Catch-Ups & Clawbacks

Accurately stress-test true net exit metrics. Toggle retroactive sponsor lookbacks or simulate capital clawback conditions to ensure alignment across full hold cycles.

Capital Stack Refinancing Windows

Model forward permanent debt assumptions natively. Enforce real-time checks against hard structural caps like Debt Service Coverage Ratio (DSCR) minimums and forward Debt Yield metrics.

💰 Transparent Infrastructure

Flexible Underwriting Plans

Choose the level of modeling depth your portfolio requires, or partner directly with us to map out completely custom ad-hoc institutional waterfalls.

Community

Standard multi-tier equity modeling for quick deal triage.

$0/forever

✓ Up to 3 Active Deal Models
✓ Standard IRR Hurdle Cascades
✓ Core Debt Sizing Estimates
✕ GP Lookback & Catch-Up Logic
✕ Exit Clawback Simulations

Launch Free Version

Pro Simulation

Complete institutional risk architecture for professional developers and general partners.

$49/month

✓ Unlimited Active Scenarios
✓ Multi-Tier Promotes (IRR/MOIC)
✓ GP Lookback & Catch-Up Switch
✓ Automated Final Exit Clawbacks
✓ Hard Constraints (DSCR / Debt Yield)

Subscribe to Pro

Strategic Advisory

Bespoke mathematical modeling and direct structural auditing for highly non-standard structures.

Custom/per deal

✓ Everything in Pro Architecture
✓ Custom Ad-Hoc Waterfall Scripting
✓ Joint Venture Structure Advisory
✓ Rigorous Audit Logic Verification
✓ Direct 1-on-1 Developer Support

Contact Advisor

📚 Knowledge Base

Resources & Documentation

Quick reference documentation on structural accounting terminology and core engine operations.

What is a GP Promote Clawback and when does it trigger?

A clawback occurs at asset liquidation or exit. If early operational periods paid out high performance splits to the GP, but later periods underperformed, the engine loops back through lifetime deal metrics to ensure the LP achieved their overarching preferred hurdle. If they did not, the GP returns the difference from their accrued promote account.

How does the GP Catch-Up toggle route capital?

When active, once the Limited Partners have received their full preferred return balance plus any accrued interest hurdle, 100% of subsequent cash flow shifts directly to the General Partner until the aggregate distributions match the targeted baseline percentage split. Normal tiered splits resume immediately after the catch-up pool clears.

✉️ Institutional Inquiries

Let's Connect

Have questions about our calculation matrices or want to consult on an upcoming programmatic joint venture framework?

Direct Support Channel

Skip the standard automated help-desk queues. Connect directly with our main engineering and modeling desk at:

kasing@credevsim.com

👨‍💻 Core Architecture & Founder

The Developer's Desk

An underwriting platform built on real-world audit logic, refined between shifts by a single founder.

Hi, I'm Kasing. I spent years working as a professional auditor at a Big 4 accounting firm, auditing public REITs, institutional developers, and complex real estate investment funds. Day after day, I saw how easily multi-million dollar joint venture waterfalls could break due to rigid, bloated, and recursive Excel errors.

I built CRE Dev Sim to solve that exact problem. By moving the mathematical engine out of spreadsheets and into a dedicated simulation suite, general partners and sponsors can stress-test complex capital stacks, multi-tier promotes, and exit clawbacks instantly and safely.

Note from the Founder: This is a true solo-development project. Over the past year, after becoming a new father, I've spent every free hour between fatherhood duties and full-time work writing the code and refining the logic for this engine. Thank you for supporting independent software.

System Credits:

Development: Kasing Ng

Design: Kasing Ng

Programming: Kasing Ng

Marketing: Kasing Ng

Advisory: Kasing Ng

Institutional Projection Disclaimer:

This model provides mathematical estimates based on user-defined variables. Actual results will vary. The IRR and MOIC are highly sensitive to the exact timing of cash flows and exit assumptions. This tool does not account for specific tax liabilities or structural legal nuances. All data outputs are simulation estimates. Users are strongly advised to verify all math against a secondary, audit-grade spreadsheet framework before presenting to institutional investors or executing limited partnership agreements.