The Bulfinch Companies

Ask Bulfinch
Prompt Guide

A reference for teams to quickly find answers to common questions using AI-powered search across our SharePoint documents.

Questions answered directly from your SharePoint files

Ask Bulfinch can search and synthesize information from lease documents, loan agreements, budget packages, valuation files, capital plans, and more — all stored in SharePoint. The prompts below are ready to use. Replace anything in [brackets] with the specific property, tenant, or year you need.

Tips for best results

AM

Asset Management

Valuation & Performance
What is a property currently valued at and what assumptions drove that value?
"What is the current internal valuation of [property] and what assumptions were used — discount rate, exit cap rate, and market rent?"

Pulls from the Quarterly Valuation Tracker. Returns the current value, prior quarter comparison, and the methodology notes written by the AM team.

How has a property's value trended over the past year?
"How has the valuation of [property] changed over the last four quarters? Summarize the key drivers of any changes."

The Valuation Tracker includes prior quarter values and methodology notes going back multiple years, so quarter-over-quarter changes and the reasons behind them are readily available.

What is a property's debt yield and DSCR?
"What is the debt yield and DSCR at [property] as of the most recent reporting period?"

Found in loan compliance reporting and budget packages.

What is a property's NOI for a given year?
"What is the NOI for [property] for [year], and how does it compare to the prior year?"

Pulls from budget packages and the AM deck presentation backup files.

Leasing & Tenancy
Does a tenant have renewal, termination, or expansion options?
"Does [tenant] have any renewal options, termination options, or expansion rights at [property]? Summarize the terms."

Searches the lease and all amendments for the tenant. Returns notice periods, conditions, pricing, and any other relevant terms.

What does the portfolio lease rollover schedule look like?
"What is the portfolio lease rollover schedule for the next 24 months based on the most recent Asset Management meeting presentation?"

The AM meeting decks include a 10-year rollover chart broken out by year as a percentage of portfolio. Best source for portfolio-wide expiration exposure.

What are the key leasing updates across the portfolio?
"What are the key leasing updates and market observations from the most recent Asset Management meeting presentation?"

AM meeting decks are updated regularly and include new leases, renewals, active proposals, and market commentary across the portfolio.

Debt & Capital
What are the loan terms for a property?
"What are the loan terms for [property] — lender, balance, rate, maturity, and any extension options?"

Loan agreements are consistently filed under each property's debt folder and are fully readable. Returns a clean summary of all key terms.

What are the extension conditions for a specific loan?
"What are the extension conditions for the loan at [property]? Include notice periods, financial tests, and any fees required."

Extension provisions are typically in Section 2.4 of loan agreements. Returns LTV thresholds, debt yield and DSCR requirements, notice windows, and extension fee obligations.

Which properties have debt maturing soon?
"Which properties have debt maturing in the next 18 months? Summarize from the most recent Asset Management meeting or Leviathan presentation."

The AM and Leviathan decks include debt maturity charts broken out by year as a percentage of portfolio debt.

What ongoing covenants must the borrower maintain under a loan?
"What covenants does the borrower need to maintain under the loan at [property]?"

Covers both financial covenants (debt yield, DSCR, LTV) and operational covenants (insurance, leasing approvals, reporting requirements).

AC

Accounting

Budgets & NOI
What does a property's budget look like for a given year?
"Pull the [year] budget for [property] and summarize total income, operating expenses, and NOI."

Budget packages are consistently filed under each property's Annual Business Plan folder and are fully readable.

What are the management fees budgeted for a property?
"What are the management fees budgeted for [property] in [year]?"
What are the utility expenses budgeted for a property?
"List all utility expenses budgeted for [property] in [year], broken out by type."

Returns electric, gas, water/sewer broken out by month and annually.

What tenant reimbursements are budgeted for a property?
"What tenant reimbursements are budgeted for [property] in [year]? Break out by CAM, real estate taxes, and insurance."
What are the real estate taxes budgeted for a property?
"What is the real estate tax expense budgeted for [property] in [year]?"
What are the projected mortgage and interest costs for a property?
"What are the scheduled mortgage principal payments and interest expense for [property] in the [year] budget?"
What does the projected cash flow look like for a property?
"Summarize the projected cash flow for [property] based on the [year] budget."

Covers NOI, debt service, capital expenditures, and net cash flow after adjustments.

Financial Statements
What do the annual financial statements show for a given entity?
"Pull the most recent annual financial statements for [entity name] and summarize revenue, expenses, and net income."

Financial statements are stored on the Accounting site. Use the legal entity name (e.g., "TBCI Holdings I, LLC") for best results.

IN

Investments

Leviathan Fund
How is a Leviathan property performing against its underwritten return?
"What is the underwritten IRR and current projected IRR for [Leviathan property]?"

Pulls from the Leviathan property-level projections table in the investor presentation. Also returns FMV, equity invested, and stabilized YOC.

What is the current equity allocation across the Leviathan fund?
"What is the current equity allocation by property in the Leviathan fund? What is still uninvested?"

Returns a breakdown of called capital by property, total committed equity, and remaining dry powder.

How do all Leviathan investments compare on returns?
"Compare the underwritten IRR to the current projected IRR across all Leviathan investments."

Returns the full property-level projections table with FMV, equity, YOC, and IRR for every active Leviathan investment.

What are the 2026 objectives for Leviathan properties?
"What are the 2026 business plan objectives for each Leviathan property?"

The Leviathan investor deck includes a property-by-property table of 2026 objectives covering leasing, capital, and strategic priorities.

What is the total capitalization and FMV of a Leviathan property?
"What is the total capitalization, current FMV, and stabilized yield on cost for [Leviathan property]?"
Pipeline & Market
What deals are currently in our active pipeline?
"What properties are currently in our active deal pipeline and at what stage is each?"

Pipeline deals are tracked in the Leviathan investor presentations with transaction overviews, pricing, and current status for each active and evaluating deal.

What are the latest market observations from leadership?
"What were the key market observations from the most recent Asset Management meeting or Leviathan presentation?"

These decks include macro CRE observations, Boston-area market commentary, and strategic outlook from the investment team.

PM

Property Management

Capital & Maintenance
What capital projects are planned at a property over the next several years?
"What capital projects are planned for [property] over the next 3–5 years? List project, priority, and estimated cost by year."

Pulls from the 5-Year Major R&M and Capital Plan filed under each property's Annual Business Plan folder. Returns projects broken out by High/Medium/Low priority with year-by-year costs.

What major R&M items are budgeted for a property this year?
"What major R&M items are budgeted for [property] in [year]?"
What is the total planned capital spend at a property over the next four years?
"What is the total planned capital spend at [property] for the next four years? Break out by year."
Operations
Who are the vendors at a property and what do they do?
"Who are the vendors at [property] and what services do they provide? Pull from the vendor contact list."

Vendor contact lists are stored under each property's Service Contracts folder. Returns vendor names, services, contact names, phone, and email.

What did the environmental report say about a property?
"Pull the most recent Phase I environmental report for [property] and summarize the findings."

Phase I reports are stored under each property's Architecture & Engineering folder. Returns key findings, recognized environmental conditions, and recommendations.

What is the current insurance policy for a property?
"What is the current insurance policy for [property] — carrier, coverage period, and premium?"

Insurance policies are filed under individual property folders as well as a portfolio-level allocation spreadsheet on the Asset Management site.

What are the utility costs budgeted for a property?
"What are the utility costs budgeted for [property] in [year]?"
Tenant & Lease Administration
What are all tenant lease dates at a property?
"What are the lease commencement and expiration dates for all tenants at [property]?"

Each tenant's lease is filed under the property's Tenants folder. For multi-tenant properties, each lease is read individually and summarized together.

What tenant improvement allowances were granted to a tenant?
"What are the tenant improvement allowances in the lease for [tenant] at [property]?"
Has a tenant exercised their renewal option and what are the new terms?
"Has [tenant] exercised their renewal option at [property]? If so, what are the new terms?"

Checks lease amendments filed for the tenant. If a renewal has been documented, returns the new term, rent, and any changed conditions.

Does a tenant have any co-tenancy clauses or exclusive use rights?
"Does [tenant] have any co-tenancy clauses, exclusives, or operating covenants in their lease at [property]?"