Acquisitions teams at funds and syndicators
Look at more deals without hiring ahead of the pipeline.
Real Estate Analysis & Underwriting
Underwrite every deal worth a look.
Good deals rarely die in committee. They die in the inbox, waiting for someone to build the model. We give your acquisitions team the analyst hours to look at all of them, in your templates and on your deadlines.
ExampleDeal summary
Garden-style multifamily186 units · Value-add
- Purchase price
- $32.4M
- Going-in cap rate
- 5.8%
- Year 1 DSCR
- 1.31x
- Levered IRR, 5 years
- 15.2%
- Equity multiple
- 1.9x
Exit cap sensitivity
5.50%6.50%
Checked by a senior analyst · in your template
Sound Familiar?
Where an analyst’s week really goes.
Ask most acquisitions teams and you hear the same story. The thinking happens at the very end, squeezed in after the spreadsheet work.
- Cleaning up T12s and rent rolls
- Rebuilding the model every time an assumption moves
- Chasing brokers and sellers for missing data
- Formatting the IC memo
- Deciding whether it’s a good deal
That last slice is the job. Everything before it is where we come in, so your team gets its week back for the part only they can do.
What We Take On
Help at every stage of the deal.
Start with one stage or hand us the whole lifecycle. Pick a stage to see what comes off your desk.
Stage 01 · Screen
Is it worth a full underwrite?
A fast first read on pricing, returns and the submarket, so you only spend real time on deals that deserve it.
- Quick screen on price and returns
- Rent and sales comps
- Submarket and demand snapshot
- A one-page go or no-go
Stage 02 · Underwrite
Build the case.
The full model, built in your template and stress-tested before it goes anywhere near committee.
- T12 and rent roll cleaned up and normalized
- Full model in your template
- Debt sizing on DSCR, LTV and LTC
- Rent, rate, cap rate and timing sensitivities
- Waterfalls, prefs and promotes
Stage 03 · Close
Get it over the line.
The paperwork that turns a good model into an approved deal, ready when your lender and investors ask.
- IC memo and investor deck
- Offering memorandum support
- Lender package
- Diligence and closing checklists
- Data room set up and kept tidy
Stage 04 · Hold
Know how the asset is really doing.
After closing, the same team keeps the books and the reporting running, so problems show up early.
- Monthly property accounting
- Budget against actual, line by line
- Rent roll and lease tracking
- Covenant monitoring
- Investor and lender reports
Stage 05 · Exit
Decide when and how to sell.
An honest view of hold, refinance or sale, built on the numbers you have been tracking all along.
- Hold, refinance or sell analysis
- Updated valuation
- Refinance and sale proceeds
- Disposition materials
Scope is agreed up front, deal by deal or as a monthly scope.
What You Get Back
What lands in your inbox.
A full underwrite comes back as a tidy pack you can forward straight to your partners. No clean-up needed on your side.
Files arrive in your shared folder or data room, named the way your team names them.
- XLSXUnderwriting modelBuilt in your template, with every assumption labelled.
- DOCXIC memoThe story of the deal in two pages, ready for committee.
- XLSXT12 and rent roll summaryCleaned up, normalized and tied back to the source.
- XLSXSensitivity tablesRent, rate, cap rate and timing, with break-even points.
- PDFComps packageRent and sales comps with short notes on each.
How It Works
How a deal moves through our desk.
The same analysts from the first email to the final memo.
01
Send the deal
Forward the OM, T12, rent roll and your model. Tell us when you need it back.
02
We scope it
We confirm what the deal needs and agree the deadline with you.
03
We build it
Model, comps, debt sizing and sensitivities, all in your format.
04
A senior analyst checks it
Every number and assumption is reviewed before anything leaves us.
05
You decide
You get the model and a short memo. Questions go straight to the analyst who built it.
Most teams are up and running within about two weeks.
See the full client journey →
Who It’s For
Built for teams with more deals than hours.
If your pipeline, portfolio or client list has grown faster than the people behind it, this is for you.
Property types we work on
MultifamilyIndustrialOfficeRetailMixed-useSelf storageBuild-to-rentHospitality
Lenders and debt funds
Faster sizing on new loans and steady monitoring on the ones you hold.
Developers
Feasibility, budgets and draw tracking from land to lease-up.
Brokers
BOVs and comp packages turned around while the listing is still warm.
Owners and operators
Property books and investor reports that go out on time, every month.
CPA firms with real estate clients
Property-level books and tax-ready financials, done to your standards.
Tools
We work in the tools your deals already live in.
Our analysts use the same platforms you use for underwriting, market data and property management. Give us access or send an export and we pick up from there. You don’t have to change anything to work with us.
Real estate tools
ARGUSCoStarYardiMRI SoftwareAppFolio
Using something else? Tell us. If your team can work in it, so can we.
Product names and logos belong to their owners. GSC is not affiliated with these companies.
Why GSC
Why teams hand us their deals.
01
Your model, not ours
We work in your template and follow your assumptions. Nothing to translate and nothing to rebuild.
02
Nothing leaves without a second look
A senior analyst reviews every model before you see it.
03
Capacity that follows your pipeline
Busy quarter? Add hours. Quiet month? Scale back. There is no minimum term.
04
Your deal data stays yours
We are ISO 27001 certified. Only the people on your deals can open your files. Every access is logged. How we protect data →
05
Work that moves overnight
Send a deal at the end of your day and it has moved forward by the morning.
Engagement Models
Two ways to work with us.
Pick the one that matches how your deals arrive. You can switch later.
Model 01 · Outsourcing
Deal by deal
Send deals as they come in. We deliver each one by the deadline you set and you only pay for the work done.
Best whenyour deal flow comes in waves.
More about Outsourcing →
Model 02 · Offshore Staffing
A dedicated analyst
An analyst who works your pipeline every day, at about 80 or 160 hours a month. We handle hiring, training and cover.
Best whenvolume is steady and you want someone who knows your templates by heart.
More about Offshore Staffing →
FAQ
Questions we hear a lot.
01What exactly can you take off our plate?+
Anything from a quick screen to the full underwrite: T12 and rent roll clean-up, the model, comps, debt sizing and sensitivities, IC memos and lender packages. After closing we can also run the property books and your investor and lender reporting.
02Will you work in our model?+
Yes. In fact we prefer it. We build in your template and follow your assumptions, so the output looks like your team made it. If you do not have a template yet, we can build one with you.
03How fast can you turn a deal around?+
It depends on the deal and how deep you need to go. We agree a deadline for every deal before we start. A quick screen comes back much faster than a full underwrite.
04Which property types do you cover?+
Multifamily, industrial, office, retail, mixed-use, self storage, build-to-rent and hospitality. If your asset is something else, ask us. We will tell you honestly whether it is a fit.
05Who checks the work?+
A senior analyst reviews every model, number and assumption before it reaches you. You can always ask questions directly to the analyst who built it.
06Can you keep supporting us after we close?+
Yes. The team that underwrote the deal can run the monthly property accounting, budget against actual reviews, covenant checks and investor reporting for as long as you hold it.
07How do you keep our deal data safe?+
GSC is ISO 27001 certified. Only the people working on your deals can see your files, every access is logged and everyone on the team is background-checked.
08How does pricing work?+
Three ways: per deal, as a monthly scope or as a dedicated analyst billed by the hour at about 80 or 160 hours a month. We quote once we understand your deal flow, usually after a first call.
09Do we have to sign up for a long contract?+
No. There is no minimum term. Most teams start with a few deals and grow from there.
10Can you work behind our brand?+
Yes. Brokers, advisors and CPA firms can use us white-label, so their clients only ever see their team.
Next Step
Got a deal on your desk?
Send it over. We’ll show you what we would hand back and how long it would take. No commitment.