Telecom intelligence for multifamily & BTR portfolios

There's $25–$35 per door, per month, hiding in your telecom contracts.

It never shows on the rent roll. It's buried in bulk and marketing agreements nobody has opened in years. Tenalytics reads every clause, prices every alternative, and shows you which properties are leaking NOI — and what each one is worth recovered.

Reads every clause · Prices every alternative · Every number cited to a page

200,000+

Units reviewed

National + Local

Every provider footprint

$1B+

Valuation upside identified

modeled at ~$30/door/mo margin, 5.5% cap

The platform

Where every TIR ends up.

Every report you buy lives inside the platform you can subscribe to. Click through to see what's underneath.

NOI projection · valuation impact · contract status

Real-time projection of recoverable monthly NOI and valuation lift at your cap rate. Active deals by stage, contract expiration timelines, market-rate benchmarking by provider.

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Search properties, deals, contracts…
RG
Ryan G.

Analytics

Portfolio-wide insights and performance metrics

PortfolioContractsMarket RatesProviders

Total Properties

250

96 active contracts

Total Units

62,500

36% under contract

Projected Monthly NOI

$84,500

12 pipeline deals

Projected Valuation Lift

$18.4M

12 deals @ 5.5% cap

Contract Status Distribution

Active (96)
Expired (28)
Superseded (17)

Active Deals by Stage

legal review
negotiation
pending execution
proposal review
provider outreach
qualification

What's actually in the paper

The risk isn't on the rent roll. It's in the clauses.

None of this reaches your monthly reporting. It sits in language nobody has read since signing — which is exactly why it costs you, year after year.

Anti-bulk covenant

buried in a "non-exclusive" agreement

It blocks the bulk deal you assumed you could do. Miss it in diligence and you've underwritten upside that isn't there — the model is wrong before you close.

On a 500-door asset, the blocked bulk deal is typically $100–300K a year that never happens.

Rolled to month-to-month

the contract expired and nobody noticed

You're held at the worst terms in the agreement, month after month, until someone sits down and renegotiates.

Worst-terms drift compounds quietly: a few dollars per door per month, across every door, every month.

Right of first refusal

the incumbent gets to match

It lets the current provider match your bulk offer and kill the deal at the LOI stage — after you've done all the work.

The incumbent matches at LOI and the entire bulk premium evaporates — after you've done all the work.

These clauses appear in the majority of agreements we review. Most owners find them during diligence — when it's too late to matter.

From the industry, for the industry

Nothing had ever been built to do this. So an operator built it.

Tenalytics wasn't built by a software vendor guessing at real estate. It was built inside a national multifamily portfolio, out of necessity — because the analysis it does didn't exist anywhere, at any price. It reads every clause of every contract, cross-references provider footprints and market rates, and prices every alternative — the strategist's read on your whole portfolio, on demand. Work that used to take an analyst weeks per property, if anyone did it at all.

Clause extractioncross-reference against FCC fiber footprints and live market ratesprice every alternativecite every finding to a page and a section.

Every number traces to a page and a paragraph. No black box.

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AI Advisor

· Ridgewood Pointe Apartments
What's my ETF exposure at Ridgewood Pointe?
Your exit cost runs off a §19 tiered schedule — $61K amortized as of month 27, declining ~$2.3K a month to zero at the January 2029 expiry. If you'd rather wait, AT&T allows bulk conversion 6–12 months before expiry.
cited · p. 23 §19
Ask about this property…

Ask your portfolio a question. Get an answer with the section and page it came from.

A worked example

One contract review. +$234K a year.

A Deep-Dive TIR on a single 590-door property. The same math we'd run on yours.

The finding

Ridgewood Pointe Apartments

Springfield, IL · 590 doors · Class A

Anti-bulk · §7.2Tiered ETF · §19

The bulk deal looked blocked — an anti-bulk covenant at §7.2 and a tiered early-termination fee at §19. The Deep-Dive found both clauses, read them, then priced a bulk conversion against the two incumbents' retail. Here is the resident rate it recommends — and the margin that conversion creates.

The math

Incumbent retail · 2 providers on-net$75 · $80/mo
Recommended resident rate
$65/door/mo

Below retail — residents save $10–15/mo.

Wholesale bulk cost
−$32/door/mo
Net margin
$33/door/mo

× 590 doors × 12 months

= New NOI per year+$234K

≈ inside the $25–35/door recoverable band

The TIR finds the wholesale rate, prices against the incumbents' retail, and recommends the resident rate — the spread is new NOI.

Valuation impact

+$4.2M

at a 5.5% cap rate

Exit costs and timing windows are modeled per contract in the report.

Modeled on a representative 590-door Class A asset using actual market pricing and standard carrier contract terms.

The part nobody else finishes

We don't just find the money. We can go get it.

A report that names $234K you can't recover is a nicer way to feel bad. Tenalytics closes the loop three ways — pick the level of lift you want on your side.

Run it yourself.

The report is built to be executed: the clause matrix, the priced alternatives, the negotiation talking points, and page-anchored citations your counsel can verify. Most owners with in-house telecom relationships need nothing more.

We advise.

A telecom expert alongside your team through the renewal — strategy, counter-analysis on provider proposals, and the benchmarks that tell you when a “best and final” isn’t.

We execute.

Through direct carrier channel relationships covering all 50 states and international markets, Tenalytics can run the renegotiation end-to-end — sourcing the bulk proposal, managing the carrier process, and landing the signed agreement. You approve every term; we do the work.

How we're paid, in plain terms. The analysis is always flat-fee and carrier-neutral — every alternative is priced and recommended beforeany execution decision, and the recommendation never changes based on who wins. If you choose to have us execute, the winning carrier pays us standard channel compensation. You never pay more, and you see every alternative first. If you'd rather run it yourself or use your own broker, the report works just as hard.

Inside a TIR

Six sections built to defend an investment thesis.

Sample TIR for Ridgewood Pointe ApartmentsSpringfield, IL · 590 doors.

Cover

Telecom Intel Report · Deep-Dive

Ridgewood Pointe Apartments

Springfield, IL · 590 doors · Class A

Verdict

Bulk blocked — anti-bulk covenant §7.2 through 2029

Retail/door

$75–80

Pen.

90%

Term left

27mo

Generated 2026-05-14 · sample report

§2 · Provider Landscape

Provider mix

AT&T

Fiber

NEMA active

Charter Spectrum

Hybrid Fiber-Coax

EMA active

Comcast Business

Cable

Not in-footprint

T-Mobile Home

Fixed Wireless

Active

FCC fiber data · carrier CRM · Telarus serviceability

§3 · Retail vs Bulk

Monthly per-door comparison

AT&T 1Gbps retail$80
Spectrum 500Mbps retail$75
Recommended resident rate$65
Wholesale bulk cost$32

Net margin

$33 /door /mo

§4 · Clause Matrix

Restrictive clauses · with citations

Anti-bulkYes§7.2
ROFRYes§4.1
Marketing exclusivityYesEx. A
Termination for conv.No§17.3
ETF scheduleTiered§19
Door-fee escalator3% annual§5.3

§5 · Opportunity Sizing

Bulk-conversion NOI model

Recommended resident rate$65
Wholesale bulk cost−$32
Net margin × 590 doors × 12$33/door

New NOI per year

+$234K

+$4.2M valuation at 5.5% cap

Exit costs and timing windows are modeled per contract in the report.

Appendix · Citations

Page-anchored quotes

p. 9 §7.2

"Owner shall not enter into any agreement permitting bulk resale..."

p. 23 §19

"Early termination fee shall be assessed per the tiered schedule set forth in Exhibit C, amortized monthly…"

p. 47 Ex. A

"Provider shall be sole marketing representative for residential video..."

200,000+ units reviewed

Built by an operator, not a vendor.

Tenalytics was founded by a telecom bulk-opportunity operator managing a national multifamily portfolio — the platform exists because the analysis it does didn't.

One property on your mind?

Order a Deep-Dive — diligence-grade contract review, delivered in hours. It credits in full toward the platform if you subscribe within 60 days.

Running a portfolio?

Book a portfolio review — we'll run the analysis on three of your properties before the call, so the meeting starts with your numbers, not our pitch.

Every month you wait, the money stays with the provider.

Your competitors still read these contracts by hand — if they read them at all. The owners who move first recover the NOI and reprice the asset.