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What is Pencl?

Pencl is a software-as-a-service platform specifically designed for real estate developers and investors evaluating opportunities in land and residential initiatives. It simplifies the land underwriting procedure by incorporating parcel research, zoning and flood data, conceptual lot designs, project assumptions, and financial projections. Users can assess development costs, expected income, financing alternatives, profit margins, and potential returns; they are also able to perform scenario analyses, identify optimal land offers, and create investment memos along with detailed reports. Leveraging AI capabilities, Pencl responds to questions about specific transactions and aids in memo generation based on project specifics. The platform supports a wide range of projects, including greenfield developments and residential subdivisions, as well as options for build-to-rent and build-to-sell housing, while also providing multifamily, mixed-use, and commercial underwriting features for Enterprise clients. Premium plans introduce advanced functionalities like QuickBooks CSV export and underwriting for additional property types. Remarkably, Pencl was developed by an experienced real estate professional who possesses over a decade's worth of knowledge across various states and project types, which adds to its applicability within the industry. This combination results in a platform that is not only accessible but also rich with insights gained from real-world scenarios, making it an invaluable tool for its users. With the continuous evolution of the real estate landscape, Pencl remains committed to adapting and enhancing its offerings to meet the needs of its clientele.

What is Clik.ai?

Automated underwriting revolutionizes the workflow for Commercial Real Estate Brokers, investors, and lenders by enabling rapid access to projected cash flow data within just minutes. This critical process plays a vital role in evaluating the financial risks and profitability prospects linked to a property. With the rise of Artificial Intelligence (AI) and Machine Learning (ML), the once labor-intensive tasks of document analysis and financial calculations typically performed by real estate analysts have been greatly simplified through automated underwriting solutions. The integration of OS/Rent Roll extraction and automation software drastically improves speed and cost efficiency, achieving performance levels that surpass previous methods by a factor of ten. By minimizing the time required for the manual extraction of financial data from various documents such as operating statements and rent rolls, industry-standard loan models can now be generated with remarkable swiftness. Users benefit from the flexibility of uploading documents in any format, confident that their files will be securely kept in a personal data vault. The Clik engine swiftly processes these uploads, extracting essential financial information in just seconds and demonstrating an impressive accuracy rate exceeding 99%. This heightened level of efficiency not only boosts productivity but also equips users with the ability to make well-informed decisions at an unprecedented pace, ultimately driving better outcomes in their real estate ventures. As the industry continues to evolve, the reliance on such automated systems is likely to grow, further shaping the future of commercial real estate transactions.

Media

Media

Integrations Supported

Regrid

Integrations Supported

Microsoft Excel

API Availability

API Availability

Has API

Pricing Information

$79/month
Starter costs $79/month and includes three projects and three AI investment memos per month. Pro costs $199/month, and Enterprise costs $499/month for three seats. A 14-day free trial is available.
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Web-Based Support

Customer Service / Support

24 Hour Support
Web-Based Support

Training Options

Not specified

Training Options

Online Training

Company Facts

Organization Name

Pencl

Date Founded

2026

Company Location

United States

Company Website

penclit.com

Company Facts

Organization Name

Clik Technologies

Date Founded

2017

Company Location

Canada

Company Website

clik.ai/

Categories and Features

Categories and Features

AI Lending

Not specified

Lease Management

Not specified

Loan Origination

Not specified

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