Just because the loans are standardized doesn’t mean the deals are.
- Agency floater amortization - yes, that means we automatically re-amortize the loan each month based on the floating reset for that period. And yes, we tie out precisely with the Agencies.
- Lease requirements.
- Lender approval requirements.
- Insurance requirements/deductibles.
- Real time defeasance and yield maintenance calculations, with the ability to project prepays in the future.
- All prepay conventions automatically reflected in each loan, including the rate lookback.
- Escrows/Repair tracking.
- Hedge requirements with live MtM and replacement cap costs.
- Supplemental calculators for easy tracking plus annual reminders.
- Repair schedule tracking and notifications.
- Real time, exportable, SREO based on Agency templates.
Some of your most important relationships have some pretty unique terms.
- DSCR/DY testing requirements are fully automated and customizable to each distinct requirement.
- Every index, payment convention, and business day adjustment.
- Each type of amortization, such as mortgage style, straight line, step-up, step-down, fixed payment, interest-only periods, and fully custom schedules. Custom draws/paydowns and accounting overrides easy to handle.
- Escrows/Reserves tracking.
- Lease requirements.
- Lender approval requirements.
- Insurance requirements/deductibles.
- Every prepay you can think of - Lockout, Flat Percentage, Aggregate Interest, Spread Maintenance, Yield Maintenance, Make Whole, Swap Breakage, and Defeasance. We'll even alert you before step-downs and calculate exact prepayment costs for any date.
- Swap pricing with real time rates and precise settlement calculations for easy reconciliation.
- Recourse tracking and even keep tabs on burndown.
Debt fund, mezz, pref equity - some of the most hands-on loans in your portfolio.
- Covenant testing with unique lender adjustments, including the ability to project next year's DSCR/DY.
- Different floating indices, different daycount conventions, different business day adjustments…no problem.
- Extension testing with notice reminders and amortization rate changes during the extension periods.
- Interest expenses projections with stress scenarios.
- Lease requirements.
- Lender approval requirements.
- Insurance requirements/deductibles.
- Hedge requirements with live MtM and replacement cap costs.
- Good news money and forced funding dates.
- Fully customizable cashflows to reflect any draws or paydowns.
- Recourse tracking.
- Critical date reminders so nothing slips through the cracks.
Shouldn’t you know your loans as well as the Servicers that report on them?
- Fully automated DSCR testing
- Live defeasance calculations and market projections.
- Debt valuation.
- Cash management provisions and Servicer rights.
- Centralized data for easy monthly reporting updates.
- Weighted average maturity and rate metrics.
- Lease requirements.
- Lender approval requirements.
- Insurance requirements/deductibles.
Tracking draws is one of life’s little treats, right?
- Conditions for advances and allocations
- Lender approval requirements
- Stabilization/completion requirements and deadlines
- Different floating indices, different daycount conventions, different business day adjustments…no problem.
- Easy to input draws based on the day you actually make the draw.
- Critical date alerts.
- Hedges with live rates and MtMs.
- Recourse and burndown.
- Escrow/Reserves tracking
- Interest forecasting.
Even the easy loans still require upkeep.
- Data centralization for easy, real time reporting.
- DSCR/DY covenant testing with every possible lender adjustment.
- Lease requirements.
- Lender approval requirements.
- Insurance requirements/deductibles.
- Real time prepays based on live rates - Lockout, Flat Percentage, Aggregate Interest, Spread Maintenance, Yield Maintenance, Make Whole, and Defeasance.
- Debt valuation.
- Escrow/Reserves tracking.
- Weighted average maturity and weighted average rate.
.png?width=120&name=Full%20Logo%20(1).png)
