Due Diligence and Loan Underwriting

Client Services

Situs’ experienced real estate capital markets professionals consult with clients on all facets of the underwriting process and tailor solutions to meet their unique needs. We support our clients’ due diligence and loan underwriting requirements for all commercial real estate transaction types and diverse financing structures.

These financing structures include:

• Fixed- and floating-rate portfolio loans 
• Highly structured securitized transactions 
• B-Piece underwriting 
• Commercial mortgage-backed securities (CMBS) loan assumptions 
• Mezzanine/preferred equity investments

Lender Services

For global commercial and real estate lenders, Situs delivers a full range of loan underwriting support and process management, including: 

• Initial loan sizing support 
• Credit memorandum and asset summary preparation 
• Borrower and sponsor research and analysis 
• Financial analysis including identification of issues related to rent roll, historical operating statements and budgets
• Transaction analysis 
• Lease testing and abstracting 
• Estoppel reviews 
• Market and demographic research 
• Sell-out modeling and evaluations of repositioning strategies 
• Third-party report management and review
• Valuation management and review services