Solsten - 2026 Pricing, Features, Reviews & Alternatives

Solsten is a cloud-based commercial real estate underwriting and proforma modeling platform developed by Nordic Real Estate Services. It offers institutional quality financial analysis for mid-market real estate investors, acquisitions analysts, and asset managers within a purpose-built environment. The platform addresses the limitations of spreadsheet-based workflows and legacy enterprise solutions by providing a centralized system for deal underwriting and portfolio management.

The platform features a comprehensive proforma engine that guides users through ten structured input pages covering acquisition assumptions, operating expenses, revenue projections, and financing structures. It supports multiple lease recovery types including triple net, base year, and modified gross configurations for diverse commercial lease modeling. The system incorporates machine learning forecasting that blends historical property performance data with defined assumptions to produce adaptive projections that refine over time. A graphical rent roll timeline visualization displays occupancy patterns, vacancy forecasts, renewal scenarios, and rent escalations across the hold period. Analysis of complex capital structures is enabled through general partner and limited partner waterfall modeling, and multiple loan financing can be structured with layered debt terms. Automated operating statements are generated at annual and monthly levels with drill-down into revenue, expense, and cash flow drivers. A fifteen-factor risk scoring methodology evaluates deals across multiple dimensions, and exit scenario tools allow modeling of varying disposition strategies.

Solsten supports bulk import of historical operating statements from spreadsheet files with automatic detection of column structures, date formats, and expense categories. Portfolio-level dashboards aggregate metrics across multiple properties, offering single-click access to individual deal models. Collaboration is managed through granular permission controls, page-level sharing restrictions, and explicit acceptance workflows that require acknowledgement before shared assets appear in a recipient’s workspace. Session management tools enable review of active user sessions, termination of access on specific devices, and monitoring of authentication activity. An audit trail captures material changes to property assumptions and configurations, ensuring transparency into model evolution.

Accessible through standard web browsers, the platform requires no local software installation and employs secure encryption protocols for data transmission and storage. An explainable artificial intelligence assistant provides context-specific guidance grounded in the platform’s assumptions, timelines, and analytical results. Organizational structures are supported through team member invitations, cross-organization sharing of properties, and investor relationship management with role-based access controls. Account creation does not require payment information, offering initial access without immediate commitment.