Due Diligence is the basis of confidence for all parties in financial transactions. It is 3rd party validation that deal data is accurate, assumptions are reasonable, and calculations are correct. For more than 30 years, Situs has provided the highest level of Due Diligence on financial transactions across asset classes around the world. Due Diligence is the foundation from which all Situs solutions were developed.
Confidence requires accuracy and Situs prides itself on having one of the highest levels of accuracy in the industry. In one project, Situs valuated and populated more than 10 million data points with better than a 99.9% accuracy rate. Consistent accuracy is why clients choose Situs.
Situs leverages experts who average more than 20 years of experience, leading technology, and best practices that ensure a level of quality unmatched in the industry. We understand that speed and price are no substitute for quality, which is only achievable through high standards, experienced staff, and continuous commitment to improvement.
Situs’ deep industry knowledge with deals closed across a wide array of real estate asset types, markets, and debt/equity product types ensures rigorous, detailed, and accurate analyses while identifying and addressing macro deal issues.
Situs quickly adapts to a firm’s methodology and becomes an extension of each client’s team. Combined with almost limitless scalability and rapid turnaround, Situs is frequently the financial industry’s first call for Due Diligence projects or support.
Due Diligence is conducted on more than $300 billion of commercial real estate annually
Individual deals range from a $1 Billion single-borrower loan to $3 million small-balance loan
Over 375 portfolio transactions completed last year ranging from M&A diligence with thousands of loans reviewed to a 2-property new origination deal
More than 50,000 properties sized since 2010
Strong team of real estate and finance experts covering major geographies in Europe with multi lingual skills
Underwriter on more than €30 billion CRE loans across Europe since 2004
Advised on more than €30 billion of CRE NPL and PL debt transactions in the past four years
Indicative valuations for more than 2,000 properties with an estimated value of more than €20 billion between 2013-2015
Provided due diligence & valuations on €3 billion of CRE across Europe in the past two years
Global scale with specialized property-type teams on equity investments, CMBS, GSE, balance sheet, mezzanine, bridge, b-piece and portfolio
Rapid accurate underwriting for first-run deal analysis
Review independence, accuracy, and integrity of client vendors
Staffed by attorneys with best-in-class processes that offer the highest quality abstracts and audits
Cash flow projection, transaction analysis, and asset valuation by experienced teams with significant market knowledge
Experts to conduct thorough site inspections for accurate real estate evaluation
Independent diligence and review of 3rd party reports, appraisals, and title investigations
CPA-led team focused on deep dive of operating businesses
Dedicated team loan for loan re-underwriting of CRE warehouse lines
Leading independent firm for evaluating debt transactions for prospective buyers
Loan processing to support timely closing; sources and uses/provision schedule
Situs is one of the largest re-underwriters for mortgage warehouse providers in Europe
Due Diligence at origination of European asset prior to issuing
Industry leading team of experts averaging decades of experience
Premier underwriter of the B-piece tranche in CMBS
Requests placed on servicers for borrower transactions including property management change forms and lease consents.
Specialized borrower consents on all aspects of loan assumptions that include cash flow property, borrower analysis, and detailed underwriting
Commercial Real Estate – All Property Types•
Residential Real Estate Lending•
Credit Cards and Consumer Lending•
Commercial and Industrial
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Our representatives in the United States and Europe
Head of Business Development
Executive Managing Director
Loan Risk Advisory
+44 20 7220 1885
+44 (0) 20 7220 1878