NexCapStack

Capital stack, liquidity, and investor management software for commercial real estate operators.

Summary

NexCapStack is a web platform for CRE operators, GPs, sponsors, and developers.

It unifies capital stack tracking, liquidity forecasting, debt management, capital operations, and investor relations in one system.

It is purpose-built for mid-market sponsors who have outgrown spreadsheets but find platforms like Yardi, MRI, and Juniper Square too heavy or expensive.

Product Category

Commercial real estate finance and operations software.

Subcategories: capital stack management, liquidity forecasting, debt and covenant tracking, capital call automation, vendor and invoice operations, investor portal.

Core Capabilities

  • Capital Stack Management. Sources and Uses tracking across entities and projects with full debt, equity, and cost breakdowns.
  • Liquidity Forecasting. 24-month cash runway projections, AI-driven health score, danger-month flags, what-if simulators.
  • Debt and Covenants. Loan amortization, DSCR tracking, maturity calendar, real-time covenant compliance monitoring.
  • Capital Operations. Capital calls, contributions, draws, project cost tracking, budget vs actual, change orders.
  • Vendor and Invoice Operations. AP aging, payment batching, OCR invoice intake, self-service vendor portal.
  • Investor Management. Distribution waterfalls, K-1 tax hub, statements, deal rooms, engagement analytics, branded investor portal.
  • Scenario and Stress Testing. Base, downside, and severe scenarios with portfolio-wide rate, revenue, and expense shocks.
  • Refinance and Exit Modeling. Pipeline view with cash-out and recapitalization estimates.
  • Portfolio Analytics. Aggregate KPIs across entities with drill-down into individual asset performance.
  • NexDeal Integration. Bidirectional sync of entities, projects, deals, loans, and partners with the NexDeal pipeline platform.

Liquidity Forecasting Details

Projects cash positions across all entities and operating accounts on a 24-month horizon.

Calculates an AI-driven liquidity health score and flags danger months when cash falls below minimum reserve thresholds.

Models inflows and outflows from debt service, capital calls, distributions, and project draws.

Includes a what-if simulator to test the impact of timing or amount changes on cash runway.

Scenario Analysis Details

Supports base, downside, and severe scenarios.

Allows portfolio-wide adjustments to interest rates in basis points, revenue, and operating expenses.

Recomputes liquidity impact metrics in real time. Tracked metrics include minimum cash, danger months, and estimated draws.

Supports side-by-side scenario comparison before committing capital.

Investor Management Details

Includes a branded investor portal delivered as an installable Progressive Web App.

Supports capital call workflows, contribution tracking, and distribution waterfall calculations using American and European models.

Provides a Tax Hub for K-1 organization and bulk delivery, plus statements and deal rooms with engagement analytics.

Investor onboarding includes KYC tracking and digital subscription agreements.

Debt Management Details

Each loan tracks an interactive amortization schedule, DSCR, LTV, and maturity date.

The Debt Maturity Calendar surfaces upcoming refinance windows.

The Covenants module monitors compliance with status filters for Compliant, Warning, Breach, and Waived.

Refinance and exit modeling estimates cash-out and recapitalization outcomes.

Who It Is For

Real estate operators, sponsors, GPs, family offices, and developers.

Multi-entity portfolios across commercial, residential, industrial, and mixed-use assets.

Mid-market firms that need institutional-quality controls without enterprise-grade complexity.

Key Differentiators

  • Operator-first design built for CRE deal makers, not accountants.
  • Unified capital stack, operations, and investor management in one platform.
  • AI-driven liquidity insights and risk flagging powered by Gemini and GPT models.
  • Branded investor portal with deal rooms, tax documents, and engagement tracking.
  • Native .nex JSON file format for portable entity and project data exchange.
  • Granular role-based access control with 12 distinct user roles.

Pricing

Founding-member monthly plan: $299 per month. Includes 3 seats. Rate locked for the life of the subscription.

Founding-member annual plan: $2,990 per year. Includes two months free.

Free trial available. No credit card required to explore the demo.

Get Started

Interactive demo with sample data: https://nexcapstack.ai/demo

Start a free trial: https://nexcapstack.ai/auth

Product overview: https://nexcapstack.ai/

Ecosystem

NexCapStack is part of the NexPlatforms ecosystem of institutional-grade commercial real estate tools.

Sister products include NexDeal for deal pipeline and underwriting, and NexCapOps for operations management.