Peony LogoPeony
Commercial Real Estate

Close property deals withevery doc in one place.

Acquisitions, dispositions, joint ventures, fund raises, and property listings — one secure deal room with branded portals and page-level analytics.Know exactly which buyers and equity partners are engaged and which sections of your OM they care about most.

No credit card required. Set up in under 5 minutes.

CRE deals deserve better than email attachments

Every day, deal teams lose time and credibility because of clunky document sharing. Sound familiar?

Scattered deal documents

Rent rolls in email, lease abstracts in Dropbox, Phase I reports in Google Drive. Equity partners waste hours hunting for what they need.

No visibility into interest

You send an offering memorandum and wait. No idea if the buyer even opened it, let alone which sections caught their attention.

Confidential financials at risk

Rent rolls, financial models, and LP agreements forwarded freely. No NDA enforcement, no watermarks, no audit trail.

Unprofessional presentation

Generic file-sharing links undermine your credibility on a nine-figure transaction. Institutional LPs expect more.

Everything you need for commercial real estate deals

Peony gives CRE deal teams a secure, branded space to share offering memoranda, financials, and diligence documents — with the analytics to close faster.

Branded presentations

Deal rooms that match the deal size

Create branded deal rooms with your firm's logo, cover images, and custom colors. Whether you are marketing a single asset or a multi-property portfolio, every document looks polished and institutional-grade.

Branded property portal in Peony
Investor engagement analytics

Know which counterparties are serious

See exactly who opened your OM, how long they spent on the financials, and which lease abstracts they revisited. Prioritize follow-ups with the most engaged buyers and equity partners. Brokers link their MLS listings to an NDA-gated data room — turning listing views into qualified leads with contact info, engagement data, and a clear picture of who deserves a call back.

Page-by-page analytics for CRE deal documents
Enterprise-grade security

Protect every confidential document

Gate deal rooms behind NDAs, add dynamic watermarks to financial models, set link expiration dates, and require 2FA for sensitive records. Full control over who sees what — down to the folder level.

Security controls for CRE deal documents

Custom-branded portals

Add your firm's logo, cover images, and brand colors to every deal room. Create an institutional-grade experience for equity partners and LPs.

Page-by-page analytics

Track which pages of your OM get the most attention. Understand buyer and LP interest at the section level.

Built-in NDA gating

Require counterparties to sign an NDA before accessing confidential deal documents. Enforce compliance automatically.

Granular access controls

Set passwords, expiration dates, and download permissions per link. Share different folders with different buyer groups or JV partners.

Dynamic watermarks

Protect rent rolls and financial models with viewer-specific watermarks. Deter unauthorized sharing of sensitive deal data.

Unlimited links per document

Create separate tracked links for each buyer group, JV partner, or LP. Manage access individually without creating duplicate rooms.

"We'd been searching for a solution like Peony for ages, and it has completely transformed our workflows. What used to take hours every week is now effortless — Peony saves us so much time that we were finally able to move away from Dropbox Sign. It's been a total game changer!"
AG

Akash Ghavalkar

Co-founder & COO, Third Space

MP

Mark Petrov

Head of Financials, Loop

"Peony is by far the simplest and most intuitive way to populate and share data rooms with investors and partners. All the key analytics and features integrated into a sleek interface!"

Frequently asked questions

What is the best data room for commercial real estate deals?

Peony is the modern data room built for commercial real estate. Unlike legacy VDRs like Ideals and Firmex that charge thousands per deal for basic file hosting, Peony includes branded investor portals, page-level analytics, NDA gating, and dynamic watermarks on every plan — including a free plan ($0). Whether you are running an acquisition, disposition, joint venture, or fund raise, Peony is ready in under 5 minutes.

How do CRE firms use data rooms for acquisitions and dispositions?

Commercial real estate firms use data rooms to share offering memoranda, rent rolls, T-12 financials, lease abstracts, Phase I reports, title documents, and property condition assessments with potential buyers and equity partners. Peony's page-level analytics show exactly which sections buyers study most — so you can prioritize follow-ups with the most serious counterparties.

What documents belong in a commercial real estate data room?

A CRE data room should include the offering memorandum, rent rolls, T-12 and trailing financials, lease abstracts, estoppels, title and survey documents, Phase I and Phase II environmental reports, property condition assessments, insurance certificates, and tax records. Peony's auto-indexing organizes these documents automatically on upload, and AI-powered Q&A lets investors search across your entire deal room instantly.

How much does a commercial real estate data room cost?

Traditional CRE data rooms from Ideals or Firmex charge thousands per deal. Peony offers a free plan ($0) with 2 GB storage, scales to $20/admin/month (Pro, 200 GB) and $40/admin/month (Business, 1 TB) — with branded portals, page-level analytics, NDA gating, and screenshot protection included on every plan. No per-viewer, per-page, or per-link limits, so your costs stay predictable whether 5 or 50 equity partners access the room.

Can I create branded portals for different equity partners and LPs?

Yes. Peony lets you create branded deal rooms with your firm's logo, cover images, and custom colors for every deal or fund. Institutional LPs and equity partners see a polished, professional presentation — not generic Dropbox or Google Drive links that undermine your credibility on a nine-figure transaction.

How do I track investor interest across a multi-asset portfolio?

Peony's page-level analytics show exactly who opened your deal documents, how long they spent on each page, and which properties or sections they revisited. Create separate tracked links per buyer group, JV partner, or LP — and prioritize follow-ups with the most engaged parties without creating duplicate rooms.

How do I protect confidential deal documents from unauthorized sharing?

Peony protects rent rolls, financial models, and LP agreements with NDA-gated access, dynamic watermarks stamped with the viewer's identity, screenshot blocking, password protection, and link expiration dates — all backed by AES-256 encryption at rest and TLS 1.3 in transit on SOC 2 Type II compliant infrastructure. Peony's controlled redaction lets you permanently black out sensitive financial figures or tenant PII before sharing with counterparties.

How long does it take to set up a CRE deal room?

Peony sets up in under 5 minutes with no sales call required. Upload deal documents, add your branding, configure permissions per investor group, and share NDA-gated links immediately. Peony's AI-powered room setup scores your data room for completeness and surfaces missing documents — so you know the room is deal-ready before going live.

Can real estate brokers use Peony to qualify buyer interest from listings?

Yes. Brokers link their MLS or listing photos to a Peony data room gated behind an NDA. Before seeing any financials, interested buyers provide their name, email, phone, and company. Peony's page-level analytics then show which buyers actually read the rent rolls and financials — turning listing clicks into a ranked pipeline of qualified leads.

Enterprise security. Startup price.

Traditional CRE data rooms from Ideals and Firmex charge thousands per deal. Peony gives you the same security and analytics at a fraction of the cost.

Free

$0

2 GB storage

Perfect for solo operators getting started

Pro

$20/admin/mo

200 GB storage

For firms managing multiple transactions

Business

$40/admin/mo

1 TB storage

Full enterprise security for institutional deals

Close your next transaction with confidence

Join deal teams who trust Peony for secure CRE document sharing. Set up your first deal room in under 5 minutes.

No credit card required