What we do

CRE analytics, one platform.

Deal analysis, credit models and market data for CRE lenders, investors and capital markets teams. Buy the product you need, use it in our app, or call it from your own systems through our API.

Deal analysis

Loan cash flows in, bond payments out

A glass-box CMBS engine you can walk period by period, so a surprising tranche payment never holds up an investment or credit decision.

CMBS Cashflow Engine

477 deals live

Models every loan in a conduit deal and runs the cash through an explicit bond waterfall, with stress, pricing and risk on the same run.

  • Sequential principal, reverse loss allocation, IO and X strips, and vertical risk retention
  • Prepayment, default, severity, recovery lag and CPY vectors, loan-level overrides, servicer-status rules and a maturity-extension overlay
  • Price, yield, WAL and duration for every class, with the full period-by-period history and run-to-run compare
  • Scenario grids, rate-curve and spread bumps, and breakeven CDR on demand
  • Monte Carlo on the same waterfall: stochastic credit and prepayment paths, and the loss, WAL and price distribution for every class
  • Use it for surveillance and trading, or run it for your investor clients under your organization's login
Also available as an API
Credit models

Model the loan you actually have

Transparent, defensible models for stress testing, loss reserving and portfolio management, documented for your model-risk team and regulators.

Construction Loan Model

Most CRE models treat a construction loan as a riskier commercial mortgage, which leads to overshooting on charge-offs. Ours projects the project and its financing month by month, for one loan or the whole book.

  • Draws, interest reserve, guarantor support, completion and lease-up
  • LTV, LTC, DSCR and debt yield tracked over the life of the loan
  • Base case, mid-project updates with actuals, and rate-shock, delay and cost-overrun scenarios
  • Portfolio runs: upload the book and get exposure, expected loss and lifetime loss by phase, property type and metro, with concentration and scenario compare
  • Regulatory scenarios for DFAST/CCAR stress testing and CECL reserving
Also available as an API

Valuation Engine

Try it now

A property mark from occupancy, size and income, by property type, with the model fit shown on every result. Run one property or a bulk Excel or JSON file, and replay any past run. A fast, consistent mark, not an appraisal.

Value up to three properties free, no account needed. Sign up for more runs, or subscribe for full capacity with bulk files and run history.

Also available as an API
Data and market intelligence

The CRE market, loan by loan

Thoroughly cleaned and vetted CMBS data, rolled up into the market views lenders and investors check every month.

Loans
43k+
Properties
70k+
Bonds
10k+
Conduit deals
700+
History from
1998

CRE Market Pulse

Quarterly market screens and a monthly loan tape that move with rates, unemployment and the metro, rather than a static quarterly pack.

  • Balance, delinquency (30/60/90+), DSCR, LTV and origination trends
  • Every loan's full monthly history, property financials (revenue, expenses, NOI, NCF, occupancy), and special servicer commentary and workout strategy back to 1998
  • Our model value and model LTV on every loan, plus refinance and distress scores
  • The maturity wall against the 10-year Treasury, with rate shocks on the fly
  • Screener, signals and a benchmark of your book against the market
Loan comps and tape also available as an API

Data Feed

Licensed by a leading global financial data platform

The same coverage as Market Pulse, delivered as files for your own models and systems. Licensed separately from the app.

Granular tier
Loan- and property-level static and monthly data for every covered U.S. conduit deal: payment history, property financials, servicer commentary and our model values and scores.
Aggregated tier
National and top-25 metro indicators by property type: office, multifamily, retail, industrial, lodging and self-storage.

CRE Market Report

A metro pack generated from a ZIP code or metro: cap rates, vacancy, macro outlook and property-type benchmarks, with a written outlook tied to the same charts.

Also available as an API
Underwriting

Underwrite in hours, not days

CRE credit still runs on email and spreadsheets. We put the whole committee pack in one place.

Loan Underwriter

One project for the whole deal file, from first look to the credit decision, scoped to your organization and team.

  • Property comps, CMBS loan comps, market report, sponsor review and deal summary
  • Reads brochures, P&Ls and rent rolls, fills in the financials, and drafts the credit memo
  • Analyst and operations checks are transparent rules your model-risk team can inspect
  • Built-in alerts for underwriters, credit officers and managers on stale deals and bottlenecks
Projects and documents also available as an API
Developer API

Every product is also an API

Use the screens on day one, or call the same models and data from your own stack. Every endpoint is documented with live try-it-out in the developer portal. Access is entitled to your organization, so a partner platform or internal system works under your login.

01
Models
CMBS cash flow and Monte Carlo, construction credit, property valuation, market report
02
Data
Loan comps, property comps, loan tape, aggregates and files
03
Workflow
Underwriting projects, document extraction, credit memos

See the product you need, on your own deals.

A walkthrough with the people who built it. No bundle required.

Contact us