The Rockport Group and Trepp LLC are putting a securities underwriting model and loan analysis tool directly in the hands of commercial real estate investors.

Trepp LLC is a New York-based provider of commercial mortgage-backed securities (CMBS) and commercial real estate information and technology to the securities and investment management communities. Rockport was conceived by Rick Trepp, founder of Trepp LLC, and is a credit analysis system for commercial real estate properties.
The company announced Monday that investors can now launch a pre-populated Microsoft Excel underwriting model developed by Rockport to gain greater insight into the commercial real estate debt markets. With this model, market participants can analyze property cash flows, calculate year-over-year trends, and perform discounted cash flow analysis.
According to the company, this marks the first time an integrated loan underwriting model has been made available to investors – at a time when commercial real estate investors are looking for ways to run deeper analysis than ever before, Andy Leibman, SVP at Trepp explained.
“Trepp, LLC and Rockport are committed to providing CMBS and distressed debt investors with a robust tool to help further their investment diligence,” said Will Trepp, managing director of Rockport. “We are proud to announce that not only can the loans now be analyzed quickly and thoroughly in Excel, but that the detailed financial statements will also be available.”
Author: Carrie Bay
• Date: 11/16/2009