Green River Capital (GRC), a division of Clayton Holdings offering asset management, loss mitigation, valuation, collateral review, property management and a full suite of component real estate services, has introduced a new service that provides real estate investors with detailed performance data on securitizations, including information on multi-borrower transactions, as well as managers, borrowers and properties.
The new Rental Asset Management and Performance (RAMP) surveillance service for single-family rental properties is designed to collect and standardize the data needed to monitor the performance of multi-borrower securitizations, the company says in a release.
The service should prove useful to portfolio owners, property managers, multi-borrower lenders, investors, securitizers and servicers, as it allows them to monitor the performance of rental portfolios, including a comparative analysis of actual performance to underwritten assumptions.
RAMP leverages GRC's established analytics, due diligence and surveillance capabilities, as well as the insight developed in valuing and inspecting more than 100,000 properties for institutional buyers, the company says in its release.
Interestingly, the service also enables portfolio owners to gauge the performance of property managers while at the same time enabling property managers to assess the performance of tenants.
RAMP captures data from multiple sources, aggregating it into a single repository in a homogenized format for export, which can be used by the secondary market. Reports can be customized to provide both loan and property level details, the company says.