Track budgets, entitlements, draws, and cost-at-completion across every phase of a commercial or mixed-use project on one platform built on Acumatica. Firms consolidating onto Elevate have cut month-end close time in half.
Used by Developers, Controllers & CFOs at 1000s of firms
New Book
Looking Through the Windshield — the ultimate guide to real estate development accounting software. By Greg Daniele, CPA.
Acumatica gold certified partner
“We have visibility across our entire portfolio now. Draw requests that used to take days are down to almost an hour.”
CFO,
Real Estate Development Firm
“We used to hunt for answers. Now they’re just there. Real-time lot tracking and cost control mean we see issues coming before they become problems.”
VP of Finance,
Land Development Company
“We consolidated three systems into one and cut our month-end close time in half. Everything’s in one place: property management, CAM recovery and tenant improvements. It’s been a game changer for our operations.”
Controller,
Property Management Company
real estate firms
Acumatica-native
typical implementation
users — no per-seat fees
Everything you need to manage commercial and mixed-use development efficiently.
Know where a phase is headed before it’s too late to act. Revised budgets, commitments, tenant improvement allowances, and project manager forecasts roll up automatically, cost code by cost code, without spreadsheets to maintain between phases.
A commercial or mixed-use project has more moving pieces than a single-use build: retail buildout on one timeline, office core and shell on another, residential on a third, all drawing against shared site infrastructure costs. At 20 percent complete on any given phase, you still have room to value engineer or renegotiate.
At 90 percent, that same overrun is a crisis with no options left, and it’s harder to isolate which phase actually caused it. The system calculates cost-at-completion the moment anything updates, so you know which phase needs attention before an investor has to ask.
Manage multiple entities, joint ventures, and institutional capital partners with automated consolidation.
See your complete financial picture instantly across every phase and partner, no manual consolidation required.
Generate real-time reports and dashboards at the phase, building, entity, or portfolio level.
Know where every phase stands financially at any moment and spot problems before they spread.
Centralize vendor contracts, insurance certificates, and payment history with automated compliance alerts.
Stop chasing paperwork across multiple GCs and subcontractors working different phases at once.
Store entitlement documents, leases, and project files in a searchable repository linked to each phase.
Find what you need in seconds, whether it’s a zoning approval or a tenant improvement allowance.
Track budgets, commitments, and change orders in real time across every phase, with automated over-budget alerts.
Prevent cost overruns before they happen, and know exactly what’s committed and what’s remaining, phase by phase.
Track acquisition, entitlement, and pre-development costs from initial site control through zoning approval.
Capture every pre-development dollar so phase budgets are accurate before a single phase breaks ground.
Schedule a discovery call with our real estate experts. Share your growth goals, current challenges, and operational pain points. Whether it's development cost tracking, contract management, loan draw preparation, or portfolio expansion, we'll map your needs to the right solutions.
Experience a personalized demo of the features that matter to you. Watch real-time budget control, automated draw packaging, and cost-at-completion forecasting in action. See exactly how you'll save time, eliminate errors, increase accuracy, and gain complete visibility.
Our implementation team handles all aspects of your go-live: data migration, system configuration, integrations, workflow setup, and hands-on training. Dedicated real estate professionals support you at every step. Start seeing benefits immediately: reduced risk, accurate reporting, and total control.
Everything you need to know about our real estate development software
Commercial real estate development software is a platform for managing the financial and operational side of commercial and mixed-use projects: budgets, entitlements, draws, and cost-at-completion, across multiple phases and building types in one system. It differs from residential-focused tools in handling phase-level complexity, joint venture structures, and the longer entitlement timelines typical of commercial and mixed-use work.
Commercial and mixed-use projects typically involve longer entitlement and zoning timelines, multiple building types delivered in phases, and institutional capital partners with reporting requirements residential projects don’t usually carry. The software needs to track budgets and cost-at-completion by phase and use type, not just by project, and consolidate reporting across joint ventures rather than a single ownership structure.
Each phase, whether it’s a retail podium, an office core and shell, or a residential tower on the same site, gets its own budget, cost-at-completion tracking, and draw schedule, while still rolling up into a single portfolio-level view. A delay or overrun in one phase shows up clearly without getting buried in the numbers for the rest of the project.
Yes. Multi-entity and joint venture structures are handled natively, with automated consolidation and intercompany transactions across partners. Reporting can be generated at the entity, partner, or portfolio level, which matters for commercial and mixed-use deals where capital typically comes from more than one source.
Entitlement, zoning, and pre-development costs are tracked from initial site control through approval, before a phase breaks ground, so those costs are captured in the phase budget rather than absorbed as an unexplained variance once construction starts.
Draw packages generate from live cost data specific to each phase and financing source, with lender-specific formatting applied automatically. A project financed with separate construction loans per phase, or a mix of debt and equity by building type, doesn’t require a separate manual process for each one.
Implementation typically runs one to three months depending on the number of phases, entities, and partners involved, considerably faster than the six-to-twelve-month timelines associated with legacy ERP rollouts. Teams often bring the first phase live before the next one breaks ground, expanding the system as the project grows.
Yes. Because development, construction, and property management share a single platform, a phase’s financial history carries directly into construction execution during the build and into property management once it’s leased and stabilized, without re-entry or a system migration between the three.
Book a discovery call in under 60 seconds. We’ll show you what it looks like to run your development and portfolio operations through the windshield, not the rearview mirror.
Imagine a single commercial property management software platform to develop and manage the end-to-end daily operations of all your real estate assets.