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Credit_Analysis_Deal0047.docx · Committee draft
Export ready

Lucent Flow · Generated output

Credit Analysis

Deal No. 0047

May 20, 2026

Confidential

Borrower
Oak Ridge Holdings, LLC
Property
124 unit multifamily · Denver, CO
Loan request
$14,200,000
Purpose
Stabilized acquisition financing

1.0 Executive summary

The loan supports acquisition of a stabilized multifamily asset with in place occupancy of 94.2%. Repayment is sourced to in-place cash flow at an underwritten 6.5% cap rate.

2.0 Key credit metrics

MetricValueSource
Debt service coverage (DSCR)1.29xP&I · Row 42
Debt yield9.5%NOI ÷ loan principal
Stabilized NOI$1,352,000Tab 2 · C14
As stabilized LTV68.3%Summary · D9
As stabilized value$20,800,000Conclusion p.18

Figures update when the linked workbook changes. Export blocked if trace links break.

3.0 Repayment and exit

Primary exit: refinance to agency permanent debt at maturity. Sensitivity to a +100 bps rate move yields DSCR 1.16x.

Required sections completeAmounts tracedQA gate passed

Page 1 of 12

Sensitivity testing

Stress testing, with a smarter and visualized underwriting workflow.

Move any input: rate, cap, occupancy, NOI, and watch coverage, LTV and yield recalc instantly from sourced inputs. No re keying.

Inputs · Deal 0047
Effective rate
6.25%
Annual debt service
$1,049,182
As stabilized value
$20,800,000
DSCR
1.29x

Above policy floor 1.20x

LTV
68.3%

Within band 65–70

Debt yield
9.5%

Strong yield

ScenarioDSCRLTVYield
Base case1.29x68.3%9.5%
NOI −10%1.16x75.9%8.6%
Rate +100 bps1.16x68.3%9.5%
Cap rate +25 bps1.29x70.9%9.5%
Occupancy −5pt1.22x72.1%9.0%
Stress combined1.10x76.5%8.8%

AI · clearly bounded

AI drafts the language for human review. The engine owns the math.

Calculations never leave the deterministic engine. AI is constrained to drafting in your firm's voice, with sourced values it cannot rewrite.

AIDrafting agent · firm voice
Active

The sponsor demonstrates sufficient liquidity to support debt service during the bridge term, with stabilized occupancy at 94.2% and an underwritten exit at a 6.5% cap per firm policy §4.2 language.

Suggested edit · §4.2

Matches your firm's standard sponsorship paragraph. Locked numerics stay tied to the model.

AI assistant

  • Drafts analysis language
  • Maps inputs to firm fields
  • Flags missing inputs
  • Matches your firm's tone

Deterministic engine

  • Runs DSCR, LTV, yield
  • Owns trace links
  • Enforces policy rules
  • Blocks export on break

Audit trail by default. Every edit is logged with editor identity. The model cannot change sourced figures.

Underwriting workflow

Consistent workflow map from discovery call to final closing.

Specialized agents handle mapping, drafting, and policy checks. Calculations stay on the deterministic engine so committee can audit any figure back to the model.

Step 1 of 6 · Ingest Agent

Import deal

Ingest Agent analyzes data in a comprehensive and holistic manner and notes crucial details. Tabs, named ranges, and prior firm mappings are remembered for the next deal.

Auto-advancing
Acquisition_Model_v3.xlsxIngesting…
PropertyValueSource
PropertyOak Ridge AptsTab 1 · B3
NOI$1,352,000Tab 2 · C14
Loan amount$14,200,000Tab 1 · C8
Cap rate6.5%Appraisal
DSCR1.29xP&I · Row 42

412 cells mapped · 12 named ranges remembered

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