Stamford, Conn., Feb. 04, 2016 (GLOBE NEWSWIRE) --
Boxwood Means, LLC, a leading provider of collateral valuations and data analytics in the small commercial real estate property and loan markets, announced today that four new commercial lenders were added during January, extending the firm’s growing roster of clients ordering property valuations on Boxwood’s client-centered web site, SmallBalance.com. Boxwood signed up over 60 new client accounts during 2015, as community, regional and national banks, as well as non-bank lenders have embraced the firm’s technology-enhanced platform and tools that promote order transparency, ease-of-use, prompt support and cost-effective fees.
Initially launched three years ago, SmallBalance.com today supports small balance commercial (SBC) lending operations with a full suite of valuation reports ranging from Streamline, a USPAP-compliant appraisal, to the FieldSmart line of compliant, commercial evaluations and Valpro, a commercial AVM. Clients also access proprietary data analytics and research on local small cap CRE price trends and SBC loan originations.
The SBC lending space is sizeable, evidenced by Boxwood’s latest research indicating that small balance loan originations during 2015 drew near to the record total of $176 billion posted in 2013.
Randy Fuchs, a Boxwood principal and co-founder, suggested that “Growth in our client base underscores that our SmallBalance.com platform has emerged as an innovative, dependable and disruptive force that re-balances traditional lender costs and benefits of SBC loan origination as well as credit reviews and portfolio management.” Fuchs added, “Our tight focus on the SBC space ensures that we will further develop and refine our toolkit so that clients can depend on us even more closely for collateral and market analysis through the entire real estate market cycle.”
Boxwood Means, LLC (BoxwoodMeans.com) is a Stamford, CT-based real estate valuation, and data analytics firm supporting the commercial property investment and risk management needs of a diverse base of commercial mortgage lenders, and investment and services firms. Boxwood owns and operates SmallBalance.com (SmallBalance.com), its client-centered web site for obtaining valuation products, analytics and research forcs the small commercial property and loan markets.
David Colonna, Director of Sales Tel: 203-653-2915 Email: Info@BoxwoodMeans.com
Source:Boxwood Means, Inc.