Leaping Toward Asset Transparency

A new rent-roll reporting standard promises to improve underwriting and commercial real estate investment management

Reasonable people can disagree about whether specific provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act go too far in regulating financial institutions and instruments, but few would argue with the intent of the law as stated upfront in the 848-page document: “To promote the financial stability of the United States by improving accountability and transparency in the financial system.”

Indeed, transparency of property-level information is key to accurately value a commercial or multifamily investment throughout its lifecycle, including at the origination of a deal and during the ongoing asset management of a deal, and to gauge relative risk.

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Join the data revolution: CMBS data, CRM and full-stack deal modeling for all CRE players

With the launch of our new Professional software, we’re making the power of our Backshop enterprise CRE platform available to individuals and small groups.

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CREFC West Coast Conference and SailGP

I just returned from Santa Monica, CA where I attended the CREFC West Coast Summit to get an update on the market.

The main takeaway: The low rate, high value environment will likely stay for a while, but investors are weary because the cycle is so old.

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