Starboard

Close with conviction.

AI built for real estate investment firms. Screen every deal against your firm's history, underwrite faster, and generate memos grounded in your own data.

app.starboard-ai.com
Knowledge Graph

Every deal your firm has ever done, working for the next one.

Connect your firm's shared drives and data sources — past deals, portfolio performance, underwriting models. Starboard syncs automatically, structures everything, and keeps it current. Every future screening, underwriting, and IC memo draws from the same structured base — and your team can query any of it in plain English through Helm.

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Helm
"What exit cap rate have we underwritten on industrial deals in the Southeast over the past 12 months?"
5.4% avg — 8 deals, Q1 2024–Q1 2025↗ 6 models cited
Pipeline

From first screen to full diligence

Forward a deal to Starboard and within five minutes you have a complete analysis — risks flagged, comps pulled from MSCI RCA, demographics and zoning sourced and cited. Screen it against your investment criteria, track it through your pipeline, and the analysis deepens automatically as new documents come in.

Deal Pipeline1200 Park Ave
1200 Park Ave
601 W 26th St, New York, NY 10001
87Fit Score
⎔ Helm
NOI $2.1MSF 67,400UNITS 120BUILT 2004
Overview
Lease
Location
Zoning
Comparables
Risks
Overview
MarketNew York
SubmarketChelsea
TypeOffice
Year Built2004
Stories12
Financial
NOI at Close$2.1M
Base Rent Rev.$3.4M
Cap Rate5.2%
Research Report↺ Regenerate
Executive Summary
Risks
Aggressive supply pipeline threatens rent growth
Class A competition from new construction
Lack of property-specific documentation
Deliverable Creation

Memos and analysis, where you already work

Generate IC and underwriting memos straight into your templates. Native add-ins for Excel, Word, Outlook, and PowerPoint let you pull sourced, cited analysis directly into your workflow — including underwriting assumptions drawn from the most comparable deals your firm has already done.

IC Memo · Draft
Project Atlas
Acquisition Memo
Executive Summary
Key Financials
IRR
21.4%
DSCR
1.32×
Cap
5.8%
Key Risks
¹ Sourced from 14 comparable deals, 2021–2024 — 3 public records, 11 firm history
W
Word
X
Excel
O
Outlook
P
PPT
Sandbox

Run portfolio-wide scenarios in seconds, not weeks.

Refinance every deal at +200bps. Stress-test rents across the pipeline. Compare this quarter's cashflows to last quarter's and see exactly what changed — which assumptions moved, which assets drove the delta. Every model is a real Excel file your team can open, audit, and edit. No black boxes.

SandboxFund III — Debt Maturity Stress Test
Sandboxes
Fund IV — Q1 2026...
Fund III — Debt Mat...
200 Congress — Acq...
Q1 2026 Review
PROPERTY
BAL.
RATE
DSCR
DSCR@5.9%
CF IMPACT
Riverside Plaza
$98M
4.3%
1.42x
1.42x
-$2K
200 Congress
$115M
4.1%
1.39x
1.34x
-$225K
Harbor Point Tower
$68M
4.5%
1.27x
1.35x
+$238K
Lamar Tech Center
$59M
4.8%
1.05x
1.18x
+$419K
Peachtree Res.
$72M
4.3%
1.81x
1.84x
+$62K
Camelback Gateway
$62M
4.6%
1.41x
1.53x
+$312K
20 assets
$956M
4.4%
1.70x
1.78x
+$2.4M
Scenario Builder
Refi Rate5.9%
3.5%9.0%
FUND DSCR
1.78x
from 2.37x
CASH YIELD
7.7%
from 10.2%
DISTRESSED
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