CRE Closing

Coordinate multifamily acquisition closing checklists and prepare balanced settlement statements with prorations.

1|Updated May 17, 2026
One-click install
npx skills add https://github.com/Envision-Construction/Envision-Skill-Repo --skill cre-closing-envision-construction
Or copy as Structured Prompt for Agent▼
Please help me install this Agent Skill.
Skill: CRE Closing
Source: https://github.com/Envision-Construction/Envision-Skill-Repo/tree/main/plugins/real-estate/cre/skills/closing
Command: npx skills add https://github.com/Envision-Construction/Envision-Skill-Repo --skill cre-closing-envision-construction

SYSTEM DOCUMENTATION & REQUIREMENTS

What problem does it solve? Closing a commercial real estate acquisition requires tracking dozens of conditions across title, financing, legal, insurance, and estoppels while calculating prorations and funds flow to the penny. This Skill consolidates that work into a readiness verdict and a balanced settlement statement. ## Core Features & Use Cases - Closing Coordination: Builds a master checklist across 9 categories (title, financing, legal documents, tenant matters, insurance, regulatory, financial, physical property, post-closing), tracks status per item, and issues a GO / NOT READY / CONDITIONAL readiness verdict with a day-by-day closing timeline. - Funds Flow Management: Calculates prorations (taxes, rents, deposits, utilities), buyer and seller closing costs, lender disbursements, and escrow reserves, then produces a settlement statement where total sources equal total uses. - Use Case: A buyer 10 days from closing on a 200-unit multifamily acquisition uses the Closing Coordinator to identify blocking items (e.g., unmet estoppel threshold, unbound insurance) and the Funds Flow Manager to compute exact buyer equity required and wire instructions. ## Quick Start Ask the assistant to assess closing readiness and prepare a funds flow statement for your multifamily acquisition, providing the purchase price, loan terms, closing date, and current status of title, financing, and estoppels.

Frequently Asked Questions about CRE Closing

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I track closing checklist items for a multifamily acquisition?▼

The Closing Coordinator builds a master checklist across 9 categories including title, financing, legal documents, estoppels, and insurance. Each item is classified as complete, in progress, outstanding, waived, or N/A, with responsible party, deadline, and blocking status tracked in an outstanding items table.

How do I calculate prorations for a real estate closing settlement statement?▼

The Funds Flow Manager calculates prorations for property taxes, prepaid rents, security deposits, and utilities using a daily rate based on a 365-day or 360-day year per the PSA. It splits each amount between buyer and seller based on the closing date and nets the credits into the settlement statement.

What determines a GO versus NOT READY closing readiness verdict?▼

A GO verdict requires all categories complete or only non-blocking items outstanding. Blocking items resolvable by closing produce CONDITIONAL, while unresolvable blockers or dealbreakers like title disputes, uninsurable conditions, or environmental contamination force NOT READY.

Does the settlement statement verify that sources equal uses of funds?▼

Yes, the funds flow summary asserts total sources equal total uses to the penny. If an imbalance is detected, the process traces each line item to identify and resolve the discrepancy before finalizing the statement.

What happens when closing data like payoff amounts or tax bills is missing?▼

Missing data is estimated using prior-year figures or jurisdiction rate schedules and flagged in uncertainty_flags with the reason and impact. Unconfirmed blocking items are treated as blocking, so a GO verdict is never issued on unverified critical items.