Alkaline at a Glance
Founded in 2022, we’ve had the privilege of analyzing $11.0 B+ of real estate for over 200 incredible clients across 30+ states & 5 countries. From acquisitions & developments, to portfolio modeling- we’ve analyzed it all.
Deal Coverage
Client Coverage
(1) Information from Q1 2023 through Q4 2025
Case Studies
Retail Development
Structured a custom financial model template to analyze the development of complex Grocery Anchored Neighborhood Centers (GANCs). This included anchor‑tenant deposits, land‑lease mechanics, parcel‑level credit facilities, and the sale of individual pads. The model provided a unified way to evaluate returns, compare scenarios, and manage an intricate process. By simplifying & standardizing their process, they were able to underwrite more effectively, communicate across departments more seamlessly, and execute projects with a greater degree of confidence.
Multifamily Development
Created a custom model and helped support capital conversations with prospective lenders & investors. Supported negotiations by evaluating project financials, assessing mid‑construction equity offers, and comparing debt terms to identify the most accretive capital structure. The result was favorable financing terms that eliminated lease-up risk during the disposition period.
Mixed-Use Acquisition
Created a custom model for the purpose of acquiring, a two‑tower, 273‑unit asset. The model analyzed residential and retail operations and a detailed renovation program, providing a unified view of the asset’s cash flows. The result was a successful $192.85 MM acquisition.
Mixed-Use Portfolio
Built a custom, portfolio‑wide, forecasting tool that tracks actual data while reforecasting future cash flows. Enabled the client to utilize cross-department modeling efficiencies that helped drive more seamless & accurate planning, reporting, and decision making across their portfolio.
BTR Development
Created a custom, highly nuanced financial model to evaluate individual build‑to‑rent development opportunities across the Southeast. This fully automated model captures unique spend curves, complex debt & equity structures, absorption pacing, and other key variables. The model’s templated approach enables the client to utilize efficiencies when underwriting complex transactions. Additionally, our models have assisted in securing bridge financing to carry the projects through completion.
Investment Sales
Engaged by a broker to help evaluate the highest and best use for a development site. We created multiple models illustrating three scenarios (multifamily, retail, and mixed-use) to ensure the broker was capturing the widest pool of prospective buyers. This creative positioning supported a successful disposition to a luxury Grocer.

