
AXCS Capital has acquired Propvetter, an artificial intelligence platform focused on automating commercial real estate transaction analysis and due diligence. The move brings Propvetter’s technology in-house, strengthening AXCS Capital’s internal underwriting and analytical capabilities.
The acquisition will also support George Smith Partners, AXCS Capital’s debt brokerage subsidiary. By integrating Propvetter’s AI tools, the firm aims to improve deal evaluation workflows across its investment and advisory operations. Select features are expected to be introduced to George Smith Partners’ clients in the coming months.
“We are excited to bring Propvetter into the AXCS family and integrate this technology across our company,” said Evan Kinne, CEO of AXCS Capital. “AI is evolving rapidly, and this acquisition positions AXCS at the forefront of that evolution.”
Founded to address inefficiencies in commercial real estate analysis, Propvetter developed AI-driven solutions to reduce manual work in transaction review and due diligence. The platform serves lenders, investors, and brokers seeking faster and more consistent deal insights.
As part of the acquisition, Propvetter founder Eric Migicovsky will join AXCS Capital as director of investments and technology. Migicovsky brings more than 15 years of experience in institutional commercial real estate finance and investing. He founded Propvetter to apply automation and artificial intelligence to traditionally manual industry processes.
AXCS Capital expects the integration to support more standardized underwriting practices while maintaining flexibility across different transaction types.
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