Work from each property’s tax detail
Review Form 8825 and Schedule E income, itemized expenses and depreciation across years. Group properties for comparison while retaining the underlying schedules.
SpreadSpace vs Blooma
Build the property earnings case from the rental detail on the returns. SpreadSpace keeps each property’s income, expenses and depreciation connected to NOI adjustments and the wider coverage review.
An extracted figure opens its supporting document with the printed line boxed.
About Blooma
Blooma is software for commercial real estate screening and underwriting.
Three reasons to choose SpreadSpace
Make the NOI adjustments visible
Choose the rental policy and record property- and year-specific adjustments. Keep the reported expense components available beside the resulting NOI.
Connect property results to coverage
Place selected property results beside borrower and guarantor evidence. Explain the debt-service inputs used in coverage and carry the review into the memo.
Compare SpreadSpace and Blooma
| Feature | SpreadSpace | Blooma |
|---|---|---|
| Property detail and NOI | ||
| Rental property detail | Review Form 8825 and Schedule E property income, itemized expenses and depreciation across years, with source lines retained. | Not verified |
| Property grouping | Group rentals by street or property type while retaining each property’s income, expenses and NOI for review. | Not verified |
| Saved selections | Apply the institution’s rental NOI policy with full, partial or excluded treatment, then record loan-specific exceptions. | Not verified |
| Per-property adjustments | Build NOI from rental income and expense components. Save property- and year-specific adjustments and write-ins alongside reported values. | Not verified |
| Evidence and credit context | ||
| Source-supported review | Open source-backed figures at highlighted document regions and expand calculated results into contributing rows. | Not verified |
| Bank-implied financing | Inspect bank-observed advances and repayments with supporting transactions. Keep inferred financing payments distinct from contractual terms. | Not verified |
| Coverage scenarios | Select an entity’s earnings basis and debt-service lines, then compare historical coverage with a pro forma configuration. | Scenario and sensitivity tools for underwriting.Blooma commercial real estate underwriting |
| Source-linked credit memo | Include selected property and borrower exhibits in the lender’s memo template, retaining source context in the workspace. | Not verified |
Blooma information is drawn from the linked public material, reviewed September 2026. Not verified means this comparison does not establish that capability; it does not mean the product lacks it.
Example: review rentals across two owners
Example review using a fictional loan.
A borrowing business owns rental properties, while the guarantor holds another property personally. The lender needs to review each property before using an adjusted NOI in the credit analysis.
Documents for the review
- Business return with Form 8825
- Guarantor Form 1040 with Schedule E
- Personal financial statement
- Prior-period returns and property support
Identify the properties and owners
Review the rentals on Form 8825 and Schedule E, then compare the ownership context with the personal financial statement. Group by street or property type while keeping each underlying property identifiable.
Review expenses and adjustments
Inspect rental income, operating expenses and depreciation by property. Use the NOI bridge to review selected adjustments and record any analyst write-ins at the property level.
Compare the next period
Review rental income margins and operating expenses relative to rental income across the available years. Reuse saved adjustment selections and investigate changes against the source returns.
The analysis explains adjusted NOI for each property and preserves the ownership and expense detail behind the combined review.
Pricing for your team and document volume.
No-AI data extraction. No OCR. No offshore review shops. Better extraction pricing.
SpreadSpace pricing is tailored to your organization and document volume.
Volume discounts are available for extraction.
Also compare
Blooma is a trademark of its owner. SpreadSpace is not affiliated with Blooma. This comparison reflects publicly available information as of September 2026.
Sources: Blooma origination intelligence, Blooma commercial real estate underwriting.