Centers Dynamic Partners adopts Smart Capital Center AI for retail deal underwriting

Centers Dynamic Partners has shifted its retail real estate underwriting to Smart Capital Center’s AI to speed deal analysis and scale a growing pipeline. The move gives the San Mateo firm a single workspace for modeling, investor materials, and redevelopment scenarios as it targets more institutional-scale capacity without adding headcount.

Why it matters: - Centers Dynamic Partners needed to scale underwriting capacity as it builds toward a fund-level pipeline. - Faster deal analysis lets the firm bring more opportunities to investors at once. - The move replaces a fragmented process that could take one to two weeks per deal. - Lean, principal-led firms can use AI to compete with larger institutions on speed and rigor.

What happened: - Centers Dynamic Partners now underwrites deals on Smart Capital Center’s AI platform. - The San Mateo, California-based firm invests in retail real estate across the Western United States. - The firm has spent 28 years acquiring, repositioning, and managing neighborhood and community retail centers. - Smart Capital Center’s Agentic AI now supports the firm’s deal workflow.

The details: - Before the switch, the firm had to coordinate several outside vendors to build financial models and financing packages. - Those vendors worked on separate timelines, which slowed lender materials and investor packages. - Smart Capital Center gives Centers Dynamic Partners one workspace to build, revise, and pressure-test each deal. - The AI agents produce first-draft pro formas, discounted cash flow models with tenant-by-tenant projections, construction draw schedules, interest-reserve schedules, debt structuring across the capital stack, and investment memos. - The platform also generates reporting materials the firm shares with investors. - Centers Dynamic Partners can run its own versions and test assumptions inside the same workspace. - The platform combines editable Excel-style flexibility with institutional-grade modeling. - Every output is traceable to its source and exportable. - The firm uses the platform to model repositioning projects that turn vacant retail boxes into modern retail and event venues. - Smart Capital Center models the full redevelopment lifecycle, from acquisition through stabilization and sale. - George Arce, Jr., president and CEO of Centers Dynamic Partners, said the firm can now underwrite a deal in about a week instead of a month. - Arce said finance brokers were impressed by the level of detail in the underwriting. - Arce said the platform’s scrubbing capability helps him know the numbers cold.

Between the lines: - The deal suggests AI is moving from a support tool to a core operating layer in commercial real estate underwriting. - Smart Capital Center is positioning its platform as a way for smaller firms to gain institutional reach without adding staff. - Centers Dynamic Partners appears to be turning deal-by-deal modeling into a repeatable process it can use across its pipeline. - Laura Krashakova, CEO of Smart Capital Center, said the platform gives experienced investors more speed and rigor.

What's next: - Centers Dynamic Partners plans to expand its use of Smart Capital Center as the firm grows. - The firm expects to use the platform on every opportunity as it scales toward a fund. - Smart Capital Center says sponsors keep control of assumptions and final decisions while experienced professionals review outputs. - The platform is also designed to support redevelopment and value-add deals that depend on construction timing, lease-up, and exit assumptions.

The bottom line: - Centers Dynamic Partners is using AI to turn underwriting from a bottleneck into a scalable operating advantage.