U-Rite

RATING:

5.0

(7)
Overview

About U-Rite

U-Rite is a cloud-based commercial real estate platform designed to help real estate brokers, advisors and investors manage property valuation and tenant underwriting. It integrates with Microsoft Excel to facilitate market-specific calculations and predictions related to rent inflation, vacancy, expense recoveries, and more. Administrators can utilize the platform to screen profiles to bid deals, analyze rent increase on units and generate reports on pipelines and portfolios. Users can include U-Rite's worksheets into Excel to gain insights into capital expenditures, operating expenses and more within the proprietary models. Other features of U-Rite include team collaboration, reporting, sensitivity analysis, file sharing and screening. Pricing is available ...

U-Rite Pricing

Please contact U-Rite for pricing details.

Free trial: 

Available

Free version: 

Not Available

U-Rite dynamic calculations

U-Rite Reviews

Overall Rating

5.0

Ratings Breakdown

Secondary Ratings

Ease-of-use

5

Customer Support

5

Value for money

5

Functionality

5

Most Helpful Reviews for U-Rite

7 Reviews

Tylerq

Real Estate, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed January 2022

Cost effective solution to alternative software with great results and

Very positive. Great team, smart people. Customer focused.

PROS

We have used U-Rite for over 2 years to assist with our day-day financial modelling and U-Rite+ for our more complex real estate projects and acquisitions. We have a high level of comfort and confidence when using both services. As a result of using U-Rite, our financial modelling has been more accurate, more swift, and fewer hours have been spent on these day-day tasks, which allows our organization to be more productive as a whole. We are a smaller company by headcount, but we are involved in many large scale and complex projects, so this software has been very impactful for us, and the cost/benefit analysis is truly a no brainer, but any larger organization would benefit from these services. For us, it's all about being as productive as possible. Customer service is 10/10 - the team is always available if you have any questions. It is Excel based, so integration has been simple, and any training sessions short because it's an add-in to a software we already use. The company seems like they are trying to make life easier, not harder in that respect. Pricing is quite modest, and we will continue to use these services for the foreseeable future. In our mind, there are no better alternatives right now.

CONS

Really no cons at this point. U-Rite team has been very receptive to any changes we feel need to be made, and listen to their customers. The Tech team and Founders are working to build (and have built) a software that is truly useful for the Real Estate industry, so in my experience they constantly adjust/pivot as necessary to improve the software.

Reason for choosing U-Rite

Integration, cost, flexibility.

Ted

Commercial Real Estate, 11-50 employees

Used weekly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2023

U-Rite is Excellent

Super customer service who understands that no two commercial real estate deals are the same. Modeling for TIF, no TIF, changing debt, cost of equity, waterfalls, etc… is all handled well within the software.

PROS

It’s a super product that allows us to change inputs easily that flow thru calculations, returns, and other metrics.

CONS

None really….the team has been supportive and helpful.

Elijah

Real Estate, 2-10 employees

Used monthly for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed December 2023

Development underwriting

PROS

Was able to customize for our specific type of project

CONS

Still some challenges getting to know the tools

Adam

Commercial Real Estate, 10,000+ employees

Used weekly for less than 6 months

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

4

FUNCTIONALITY

5

Reviewed February 2022

Modern alternative to outdated industry standard software

Has been a game changer in my day-to-day. Saves a ton of time preparing financial models that I can share and save with my team/clients.

PROS

The software is very intuitive and allows me to prepare complex financial models all in one platform. Excellent user interface.

CONS

Synchronization with existing industry software which I have been told will be added in a future update.

Reasons for switching to U-Rite

Industry standard software is stagnant and outdated.

Anand

Real Estate, 2-10 employees

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed August 2021

U-Rite Rocks!

I value the overall ability to quickly underwrite and analyze new deals so I can create additional value for my company!

PROS

The product has an incredibly easy user interface that is quite simple to add-on into the project.

CONS

There is some difficulty with lack of integration with other product and use within the organization.

Regina

Real Estate, 201-500 employees

Used monthly for less than 6 months

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2021

Great user-friendly program for complex cash flow projections

PROS

The ease with which you can project different terms, renewal rates, tenant inducements, and recoveries, among other. Also, it is super simple to change the assumptions and since U-rite works directly in (it's integrated iwth) Excel, updating/authomating the valaution template is a breeze. Moreover, when you run U-rite in Excel, the additional tabs created with the back=up calculations, allows the model to be throughtly audited, and explained to senior management.

CONS

None really. The only thing that occurs to me is that the back-up calculations are not in an specific order.

Lisa

Real Estate, 51-200 employees

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed March 2021

Great Product for MBA Students

PROS

Easy to use! Integrates well with the MBA student preparation for careers in real estate.

CONS

Once this is utilized by more firms the scale will be great and helpful.

7 Reviews