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Portfolio Monitoring – US

Situs furnishes clients with the full spectrum of credit administration services, including property inspections, borrower and property financial statement collection, review and analysis, and complete “full-scope” asset reviews and valuation reports. Clients have the flexibility to choose to retain the management of borrower-initiated asset management requests or special credits asset management, or have Situs fulfill this service. Situs can deliver these functions on a sub-servicing basis as well.

 

Responsive

Loan assumptions, modifications, releases, and defeasance require deft and responsive client service to satisfy the borrower’s needs and expectations while still protecting the client’s position.

Insight

Situs also provides Watchlist monitoring and CMBS Bond surveillance as well as construction loan draw review and recommendation. Situs analyzes portfolio performance and credit exposures, identifies risks early in the cycle, and works to mitigate credit issues as they arise.

Customization

Reports can be fully customized to client specifications. Detailed property or loan level surveillance reports can be filed on a monthly or quarterly basis.

Proprietary data portal, Insight, allows for unmatched data collection with data filtration options and a unique data infrastructure crafted to deliver property and loan level surveillance

Standard and Poor’s rates Situs ABOVE AVERAGE

Fitch rates Situs CPS2- Commercial Primary Servicer

Morningstar rates Situs MOR CS1 Primary Servicer

Ranked 1 out of 11 in Total Primary & Master Servicing, C/MF Loans Secured by Collateral Outside the US

solutions

Property performance analysis and valuation

Property performance analysis and valuation

Accurate and current data for precise valuation

Tenant monitoring and review

Tenant monitoring and review

Proactive monitoring process to keep valuation figures current

Confirmatory due diligence and re-underwriting

Confirmatory due diligence and re-underwriting

Approve data through rigorous review process

Market surveys and feasibility studies

Market surveys and feasibility studies

Preliminary work to create a strong data foundation

Quarterly asset reports

Quarterly asset reports

Clear and concise reporting options

Client investment committee preparation and review

Client investment committee preparation and review

Results-driven processes that are tailored for every client

Annual credit reviews

Annual credit reviews

Comprehensive review of loan vs. performance

News & Insights

Case study

Bad Loan Europe

Loan Sale Case Study

European bank was able to exit challenging loan by leveraging Situs' underwriting as well as capital markets group to source buyers.

Press Release

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Nick Rudenstine Joins Situs as President and COO

Situs, the premier global provider of strategic Real Estate business solutions for the Financial Services industry, today announced that Nick Rudenstine joins Situs as President and Chief Operating Officer (COO). In this role, Mr. Rudenstine will have direct oversight of Situs’ business lines globally and will manage key functions throughout the firm.

Case study

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Joint Guidance

Banking regulatory authorities (Fed, OCC and FDIC) issued joint guidance on risk management of CRE portfolio loans. The guidance lacked new specifics and left firms wondering about the regulator's purpose.

CONTACT US

good-chip

Chip Good

Managing Director
Business Development

+44 (0) 20 7220 1878

Chip.Good@Situs.com

EUROPE TEAM

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Andrew Phillips

Managing Director
Head of Business Development

(212) 294-1340

andrew.phillips@Situs.com

U.S. TEAM