Debt & Credit Analytics

 

Commercial Real Estate
Debt Markets Reporting

Debt Trends:National and
Debt Trends:Metro

DebtTrends:National reports capture multifamily and commercial real estate lending trends, including debt yields and interest rates on new originations, into a concise national snapshot of the lending market. DebtTrends:Metro reports offer a more detailed snapshot of lending and investment terms in more than a dozen leading markets. Both the national and metro reports leverage Chandan's loan-level tracking of acquisition, refinance, and construction mortgage lending across banks, life companies, agencies, and conduit lenders.

Agency Underwriting Trends

Coming Soon The Agency Underwriting Trends report captures the actual cap rate, debt yield, loan-to-value, and debt service coverage characteristics of current agency lending activities. A step beyond the agencies' own reported guidelines, the underwriting trends report shows differences in loan terms across dimensions including market tiers and property size.

Bank Default and Lending Report

The quarterly Bank Default and Lending Report offers bank analysts, investors, and lenders a comprehensive look into FDIC-insured lenders' commercial real estate balance sheets. Compiling data from the most recent bank filings, the report quantifies key performance trends across the entire banking sector – changes in balances, delinquency rates, and default rates for commercial, multifamily, and construction loans – as well as identifying the health of specific institutions. Credit quality is evaluated in the context of the general and real estate-specific credit lifecycles.

Bank League Tables

The quarterly Bank League Tables rank bank lenders by (i) size of commercial real estate, multifamily, and construction balance sheet, (ii) default rate on commercial, multifamily, and construction loans, and (iii) REO balance held.

Market Briefings

Debt Markets Briefing

The quarterly Debt Markets Briefing addresses (i) mortgage origination activity across banks, life companies, agencies, and CMBS conduit lenders, (ii) underwriting standards across property types and capital sources, (iii) updates on current regulatory and policy issues, and (iv) the outlook for interest rates, origination volume, and CMBS issuance. The Debt Markets Briefing encapsulates the broadest analysis of commercial real estate lending conditions by any research firm.

Bank Default and Lending Review

Following the release of the Bank Default and Lending Report, the quarterly Review addresses (i) differences in default and new lending performance across banks and bank tiers, (ii) the competitive position of banks in comparison with other capital sources, (iii) characteristics of banks' new and legacy commercial real estate loans.

MBS Analysis

Credit Risk Analysis for
Agency MBS Investors

The MBS Loan Analyst is a credit risk modeling service for agency multifamily MBS investors. Using the same quantitative models employed in the analysis of bank and life company mortgages, the service provides loan-level estimates of default probability, loss severity, and expected loss for new agency MBS.

To learn more about Chandan's Debt & Credit Analytics reports or to request a sample, please contact us.