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Apers

AI that reads the deal, builds the Excel model, and writes the memo.
Starting Price
$19/month
Best For
Investment Managers, Analysts, Acquisition Teams, Family Offices, Developers
Company Size
Small, Mid-Market, Enterprise
Deployment
Cloud
Property Types
Commercial, Multifamily

About Apers

Apers is an AI system for institutional real estate that reads deal documents, builds the financial model, and writes the memo end to end. Its UDPE engine extracts structured data from unstructured documents such as offering memos, rent rolls, appraisals, and tax returns, flagging conflicts during reconciliation, while the XL-2 engine converts plain-language descriptions into formula-based Excel models. A deal workflow layer handles acquisition underwriting, waterfall modeling, debt sizing, and IC memo generation, drawing on a pre-built model library that also covers development and ground leases. It targets REITs, private equity firms, family offices, affordable housing organizations, boutique funds, and developers. Published plans run from Basic at $19/month to Pro at $99/month, with custom enterprise pricing and a free trial.

✓ Pros

Outputs real formula-based Excel workbooks rather than opaque web models
Low published entry price with a free trial
Covers the full flow from document extraction to IC memo

✗ Cons

Credit-based usage limits on published plans
Young product with a limited public track record
Excel-workbook-centric output assumes teams live in Excel

Who This Is For

Roles
Investment ManagersAnalystsAcquisition TeamsFamily OfficesDevelopers
Company Size
SmallMid-MarketEnterprise
Property Types
CommercialMultifamily

Apers Features

✦ UDPE Document Engine Extracts structured data from offering memos, rent rolls, appraisals, and tax returns.
✦ Data Reconciliation Reconciles extracted data and flags conflicts between sources.
✦ XL-2 Modeling Engine Converts plain-language descriptions into formula-based Excel financial models.
✦ Pre-Built Model Library Models covering acquisitions, development, debt sizing, and ground leases.
✦ Natural-Language Assumptions Adjust model assumptions through plain-language instructions.
✦ Underwriting & Debt Sizing Acquisition underwriting with waterfall modeling and debt sizing.
✦ IC Memo Generation Drafts investment committee memos from the underlying deal analysis.

Apers Pricing

Last verified 2026-08

Subscription Free Trial Available
Basic
$19/month
100 credits, AI deal analysis, document ingestion (PDF, Excel, Word), long document processing.
Pro
$99/month
10x usage, institutional-grade Excel modeling, workflow automation, thesis simulation, knowledge library.
Enterprise
Custom
Tailored credits and seats, multi-seat team access, enterprise security, custom onboarding, dedicated support.

Apers FAQ

How much does Apers cost?

Apers pricing starts at $19/month. A free trial is available.

Who is Apers for?

Apers is built for Investment Managers, Analysts, Acquisition Teams, Family Offices, Developers, working with commercial, multifamily properties.

What are alternatives to Apers?

Popular investment & valuation alternatives include Argus by Altus Group, CREModels, Dealpath.

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