Stamford, Conn., Oct. 15, 2015 (GLOBE NEWSWIRE) -- Boxwood Means, LLC, a leading provider of asset valuations, research and data analytics for lenders and investors in the small commercial property and loan markets, announced today the launch of Streamline, the firm’s latest CRE property valuation product.
The Streamline Appraisal report represents Boxwood’s first-ever, USPAP- and FIRREA-compliant appraisal and complements the firm’s industry-leading FieldSmart product line of commercial evaluations. All of Boxwood’s valuation products are tailored for the small balance commercial market that exceeds $160 billion in annual loan originations. The new report product, which is initially available in 30 states and can be ordered on the firm’s web site, SmallBalance.com, is a technology-enhanced and abbreviated appraisal that leverages Boxwood’s proprietary small cap CRE data and analytics as well as its highly-automated operations platform from which the Streamline name is derived. The highly efficient, scalable platform maximizes Boxwood’s capabilities to produce appraisal reports in a timely and cost-effective manner for clients without sacrificing the quality of the content.
Randy Fuchs, a Boxwood principal and co-founder, indicated that “The Streamline product is a natural progression from our very successful FieldSmart reports to a full appraisal that delivers on the same promise of innovation, dependability and sharp focus on small cap collateral and the local market.” Fuchs added, “Since costs of third-party reports like appraisals are typically high relative to the modest-sized proceeds of small balance loans, we expect that Streamline will find strong appeal among commercial lenders in our space that are trying to thread the needle with a high-quality commercial property valuation that also contains borrower costs.”
Boxwood Means, LLC (www.Boxwoodmeans.com) is a Stamford, CT-based real estate research and analytics firm supporting the property investment, valuation and risk management needs of a diverse base of commercial mortgage lenders, and investment and services firms. Boxwood owns and operates SmallBalance.com where commercial property valuations, small commercial price indices, and data analytics are obtained by participants in the small commercial property and loan markets.
David Colonna, Director of Sales
David Colonna, Director of Sales Tel: 203-653-2915 Email: David.Colonna@Boxwoodmeans.com
Source:Boxwood Means, Inc.