---
papers_schema: "1.0"
title: "AI-readable offering memorandums and real estate packages"
canonical: "https://thepapers.link/use-cases/real-estate-offering-memos"
status: "owner_published"
---

# Offering memos that buyers’ AI underwrites from the right figures

Rent rolls, cap rates, NOI and financing terms in offering memorandums, published as a verified AI Version so buyers’ underwriting tools read them exactly.

## The problem

Brokers and buyers run offering memos and rent rolls through AI to pre-underwrite. Pro forma vs in-place figures, per-unit vs total and annual vs monthly are easy to confuse.

## How The Papers handles it

1. Publish the OM (PDF) and the rent roll (Excel) in one Data Room; Excel keeps cell values and formulas.
2. Pro forma figures are classified as forecasts; in-place figures as current.

## What is checked against the source

- NOI, cap rate and price
- pro forma vs in-place
- per-unit vs total, monthly vs annual

## Where to put the link

The listing page and the OM cover.

---

The Papers is not a PDF-to-Markdown converter. Conversion is the first step. Before an AI Version is published, its figures, currencies, dates, periods, qualifiers and formulas are checked against the original document, each value keeps a reference to its source page or cell, and anything the source does not settle is put to the document owner instead of guessed.

[What The Papers is](https://thepapers.link/product.md) · [Pricing](https://thepapers.link/#pricing) · [Start free](https://thepapers.link/)