We aim to change the industry.

ZIPline is a subsidiary of Armada Analytics, Inc., a full-service commercial real estate contract services company specializing in mortgage debt and investment analysis. As a company, we have a combined century of experience in analyzing all physical and legal characteristics of properties that we help our clients assess for both purchase and finance, including that of zoning compliance. Over the years prior to ZIPline, we as underwriters reviewed thousands of zoning reports and more often than not found them to be cursory, inconclusive, and inconsiderate of the needs of the ultimate investor. At the urging of our own commercial real estate clients who felt the same way, we created a new brand - ZIPline.

The features of our ZIPline product and program that set us apart from our competitors include:

  • Up-front and concise indication of conformance/deficiency status. This means no more digging through reports to get the information.
  • Reports tailored to requirements of your lending program (Fannie Mae, Freddie Mac, CMBS, FHA, etc.), including indication of programmatic law & ordinance insurance requirements for legal non-conforming properties.
  • Consistent updates that keep you informed of the status of the research and reports stand on as f requent a basis as you desire.
  • Completion of threshold analysis following your final underwriting, if desired.

Furthermore, ZIPline is made up of experienced current and former commercial real estate analysts and underwriters who understand the ins-and-outs of real estate finance and ownership. This allows us to more readily opine on the preferences of investors and lenders and tailor the reports to their needs, as well as yours. Understanding the issues - current and potential - is more important than simply checking the box. We employ only college graduates who typically majored in real estate, finance, planning or management. We are critical thinkers, problem solvers, and have a plethora of resources at our disposal to completely cover all issues.

We started out organically by serving the dozens of established lender clients for which we complete underwriting and asset management functions. Our reputation for quality product and process has now pushed us into the larger market, serving the owners/purchasers of commercial real estate and law firms seeking zoning code expertise and updated conformance information.

Contact us today for more information or to obtain a quote.


Our team is led by former commercial mortgage property underwriters and planning staff and leads a team of highly focused individuals who bring a sense of responsibility and pride to their work.