Combining financials for multi-building properties
How to combine rent rolls and T12s from multiple buildings into a single underwrite when analyzing portfolio or multi-building deals.
When you need to combine files
Some deals involve multiple buildings under a single property — for example, a garden-style community with separate rent rolls for each phase, or a portfolio deal where the seller provides individual T12s per building. Archer can combine these into a single underwrite.
How it works
Archer's support team can consolidate multiple rent rolls and/or multiple T12s into a single combined file that represents the full property. This combined file is then parsed and underwritten as a single deal, giving you a unified rent roll summary, combined financial analysis, and accurate unit counts across all buildings.
A video walkthrough of this process is available in the article "How to consolidate multiple properties' financials and rent rolls" in the Underwriting section of this Help Center.
How to request a combine
Email the individual files to support@archer.re with a note explaining which files should be combined and under what property name and address. Include:
- The property name and address
- Which files are rent rolls and which are T12s
- Whether the files represent different buildings at the same property, or different time periods for the same building
- Any notes about overlapping units or shared line items
Our team typically returns combined files within one business day.
Tips for best results
Make sure all files use the same format (all Excel, or all PDF — mixing formats is fine, but consistency helps). If buildings have overlapping unit numbers (both have a "Unit 101"), note this so the team can distinguish them during the combine.
For portfolio deals with many buildings, it may be more effective to underwrite each building separately and combine the analysis in your own model. Your Archer team can help you decide the best approach based on the deal structure.