Solutions for owners and investors
You weathered the Great Recession, but owning and investing in commercial real estate remain a challenge. The market is cyclical in nature, and it’s impossible to predict every nuance. Owners and investors need flexibility while employing tactics to protect their businesses. You need reliable data and analytics at the property, enterprise, and regional levels to make sure investments are profitable. Verisk Commercial Real Estate offers data and risk analytics on properties, locations, and tenancy—all elements required for capital growth and to sustain a property’s income. You also receive the necessary engineering due diligence to help make your decisions easier.
Commercial Building Insight Report
Commercial properties pass through many hands, which means ample opportunity for neglect and deteriorating conditions. Assess buildings by gaining verified insights into replacement costs, catastrophe loss potential, and occupant details.
Property Condition Assessment – ASTM Scope
You know the general conditions at a commercial property but not the associated repairs and capital investments required. And what about the risks you can’t find without a field-verified analysis.
Physical Needs Assessment
Complete, accurate, and timely completion of commercial property assessments is critical to avoid any delays in loan closings and meeting the special requirements for a Fannie Mae or a Freddie Mac loan. You must have a physical needs assessment that’s Fannie- OR Freddie-compliant done by qualified assessors.
Roof Screening Report
The roof is a building’s first line of defense from natural hazards such as wind, rain, fire, hail, ice, snow, and extreme heat. It’s also the most vulnerable part of the building. How well a roof is maintained can provide insight on how the rest of the property may be maintained. Get detailed intelligence about roofs with high-quality aerial images, slope, condition, and past damage.
Property Screening Report
It’s all about your income. You need quality tenants to maximize your profits. But most business tenants have opaque financials. To understand the risks, access tenant information such as past-due and spending history, property condition, and business growth.
Replacement Cost Report
Property valuations and appraisals give you important information but can be expensive. Find out what it would cost to replace your building from the ground up to help you develop a quick, low-cost valuation.
Catastrophic Risks Report
When was the last time you assessed your portfolio for natural disasters? Don’t be caught unprepared as many people were recently with the Houston, California, Florida, and Puerto Rico events. Earthquakes, floods, hurricanes, tornadoes, and other natural disasters can easily destroy your properties. Are your properties in high-risk areas? When was the last time you checked?
Fannie Mae/Freddie Mac Annual Surveys
How well do you know your property condition to meet the requirements of a Fannie Mae or Freddie Mac loan? We can provide you with Fannie or Freddie reports from our trained field employees across the United States.
MBA Form for Annual Surveys
Annual surveys are a requirement for several loan types. Mortgage Bankers Association (MBA) forms are typically used in these surveys. We can provide you with MBA annual survey from our trained field employees across the United States.