Built by real estate professionals

Accelerated CapEx. Slow money costs real money.

Waiting on a draw isn't free. Relay builds your construction draws, replacement reserves, and budget straight from your invoices, so submission day is a review, not a scramble.

Built for multifamily operators, owner-operators, and new development.

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  • Invoices auto-sorted to the right property
  • Lien waivers verified automatically
  • Servicer-ready packages in minutes
Draw packageauto-assembling
0+
units managed
$0M+
CapEx Processed
0+ hrs
saved per draw
Who runs on Relay

One platform for your whole portfolio.

Multifamily operators

Know which property needs attention before it's a problem.

Reserves replenishing, renovations drawing — Relay tracks each community as its own workflow and rolls them up to a single portfolio view.

Portfolio · 3 properties1 needs attention
85%
Park Ridge
Reserves
On schedule
68%
Meridian
Draw 11
Ready
34%
Riverside
Reserves
Below threshold
Riverside's reserve fell below its funding threshold — flagged before the next draw is due.
How Relay helps

One system, from invoice to funded draw.

Bulk upload, auto-routed
Thousands of invoices, dozens of properties — sorted for you.
AI budget allocation
Line items applied to the right category.
Duplicate detection
Repeats flagged before they hit a budget.
Automated checklists
Required steps enforced in-platform.
Draw packages, generated
Servicer-ready packages, compiled for you.
Portfolio-wide visibility
Status & budget health, every property.

Both sides of your capital plan.

Relay runs construction draws and replacement reserves at the same time, across every property in your portfolio.

Construction Draws

Build every draw in the background.

Invoices arrive, allocate to budget lines automatically, and build toward the amount you need to submit — no manual tallying.

Relay · Draws
Meridian · Draw 11 Threshold met
$4.2Mof $6.2M budget
47 invoices auto-allocatedmin to submit
Summit +$7.3k Precision +$11.8k Apex +$4.1k
building…
Budget allocationDraw package generationLien waiver checks
Replacement Reserves

Fund replacements the moment they come up.

Move fast on unexpected repairs and expenses. Relay reads each replacement request, checks the balance, and lets you approve and draw the money from your servicer.

Relay · Reserves
Reserve balance
$425,000
−$9,750
4 replacements queued
Washer / dryer
Unit 4B
Funded
HVAC compressor
Clubhouse
Cabinets & counters
Unit 12A
Queued
Entry doors ×4
Bldg 2
Queued
Escrow trackingMonthly deposits
Bulk upload · 50 invoices
10 properties identified automatically
AI reading
Summit Finishes & Flooring
Meridian Commercial · Finishes & Flooring
Funded
Precision MEP Solutions
Park Ridge · exceeds mechanical budget line
Flagged
Ironclad Steel Erectors
Riverside Commons · matches INV-5573
Duplicate invoice
Halcyon Drywall Co.
Meridian Commercial · missing lien waiver
Rejected
Apex Mechanical Group
Riverside Commons · document intelligence reading…
processing
Document intelligence

Drop docs in. Relay sorts it out.

Ten invoices or ten thousand, Relay's AI reads every document — extracting line items, identifying the property, and allocating each to the right budget category. Duplicates get flagged before they touch a budget.

  • Property auto-identified from the document
  • Line items read and allocated by AI
  • Duplicates caught before they reach a budget
RealPage
Integration coming soon
Sync invoices straight into Relay based on GL-Code, status, and property.
How the draw builds itself

One loop, running in the background.

Relay's AI constantly reviews each invoice, check, and lien waiver so you don't have to.

  1. 01

    Invoices in

    Bulk upload or forward.

  2. 02

    Auto-allocated

    AI reads, matches to property and budget lines.

  3. 03

    Compliance checked

    Waivers verified, duplicates flagged.

  4. 04

    Package built

    Servicer-ready, assembled for you.

  5. 05

    Funded

    Track funded and rejected funds.

Shift How You Work

From manual scramble to review-ready.

Intake
Spreadsheets & email

Invoices land in email, get renamed, and are hand-sorted into folders by property.

With Relay

Bulk-upload or forward invoices — Relay reads each one and routes it to the right project.

Compliance
Spreadsheets & email

Someone cross-checks lien waivers and budget lines by hand, hoping nothing slips.

With Relay

Waivers verified and duplicates flagged automatically, before anything touches a budget.

Scale
Spreadsheets & email

Every new property multiplies the manual work — draws stall waiting on one person.

With Relay

One person runs an entire portfolio; the package is review-ready on submission day.

No. Relay maps to your existing budget structure, lender requirements, and draw schedule. Nothing about your process changes — it just stops being manual.

Book a demo

See your next draw
build itself.

20K
units managed
$250M+
draws tracked
4+ hrs
saved per draw
Which product(s) are you interested in?