Multifamily development

The system of record for a multifamily development deal

From first screen to final distribution, every step of one deal in one place, built so one developer can run the whole process.

See the sample dealTake the tourHow Apolis works

Private deal rooms. Invite-only. Nothing is listed publicly.

Sample deal

St. Louis Park West End, 200 units

Sample
  1. FindSite selection, ScreenDone
  2. UnderwriteSummary, Cash flows, CompsDone
  3. BuildBids, Loan packageDone
  4. RaiseDeal page, Raise statusNot live
  5. OperateOperations, LoansPreview
  6. InvestorsCap table, Quarterly reportPreview

The path

Six stages, one deal

Six stages, in order, each shown on the same sample deal. Sample data throughout; nothing here is an offering.

  1. Find1 of 6Screen a site in a minute, then fit a building on it.Site selection, Screen
  2. Underwrite2 of 6Comps and one standardized model; investor economics re-derive from the same cash flow.Summary, Cash flows, Comps
  3. Build3 of 6A bid package a contractor can price, bids leveled, city fees and the loan package.Bids, Loan package
  4. Raise4 of 6The deal page: the offer, the building, the terms, the downside and ten standard questions.Deal page, Raise status
  5. Operate5 of 6After close: occupancy and net operating income against plan, and the loans.Operations, Loans
  6. Investors6 of 6Each investor's capital account, ledger and quarterly report. No money moves.Cap table, Quarterly report

What each side gets

For the developer

What a developer gets

  • One standardized model behind every page, deck and export
  • A bid package, leveled bids and a loan package from the same numbers
  • A deal page investors can read in ten minutes, sent by invitation
  • Capital accounts, distributions and quarterly reports after close

For the investor

What an investor sees

  • The offer, the building and the downside cases on one page
  • Every figure traced to its formula and its source
  • A sponsor track record with each line marked by how it was verified
  • Questions answered once, visible to every invited investor
  • Sponsor reportedThe sponsor entered it. Shown, but marked as unverified.
  • Document verifiedApolis reviewed the closing statement, T12, or lender documents behind the number.
  • Third-party verifiedConfirmed by a lender, auditor, or fund administrator in writing.

Pricing

One fee, any raise

Apolis charges $10,000, flat, per closed raise, at any size. A raise that does not close pays nothing.

See the pricing