vCMBS
Not getting enough value out of Intex or Trepp?
Get exactly what you need
Let Vichara turbocharge your Intex or Trepp
Analyze Opportunities at Scale
- Analyze the universe of deals using loan-level data and your credit model
- Use your proprietary underwriting data to enhance/override Intex/Trepp loan data
- Highly parallelized grid, cloud-based computing, to quickly delivery computed results
- Pre-issue Analysis (analyze/underwrite before Trepp/Intex has the deal)
- Customized reporting to see what is important to you
Actively manage portfolios to beat your competition
- Know if your loans are being auctioned before the trustees inform managers
- Get notifications for loan and bond events
- Relative value analysis to identify trading opportunities
- Scheduled and on-demand pricing using built-in model or user-adjusted model assumptions
- Early indicators of prepay/default
Make best use of comprehensive data from:
- Intex
- Trepp
- Costar
- Auctions
- News
- Dealer data
- And many more… Contact us to find out how quickly your CMBS management can be improved.
Bond Analysis
- Analyze scenario based cashflows in deal
- Cap rate, NOI stress matrices
- Model projected loan outcomes
- Consistent assumptions for pari-passu / cross-linked loans across deals
- Use loan cap stack information to drive assumptions/credit model
- Capture trader notes at loan/deal level
- Bond Events – Rating changes, market color, payments, etc.



Primary & Secondary Market Tracking
- Daily valuation and risk using built-in model and/or adjusted model assumptions
- Rating Agency views & pre-sale docs
- Drill down to liquidity and underlying loan data
- Track market color & historic trends for relative value analysis
- View conduit, SASB, CRE CLO and Freddie Ks
- Analyze using multi-dimensional Collateral Stratification by property Type, MSA, State, Size, Delq, DSCR, WL, SS, Defeasance, etc.
Loan Dashboard
- User configurable loan search engine on over 30 attributes
- Pari-passu split across deals – mapped rent rolls and historical financials
- Email alerts for special servicing, watchlist, appraisal reduction, etc…
- Google Maps integration for location of the property & similar properties
- Derived data analysis – keyword analysis, tenant lease area within a radius, auction & news events
- Deal prospectus, remittance reports linked with each loan

KEY FEATURES
CMBS Analytics
- Interactive true loan level analysis
- Integrates proprietary models
- Override projections at loan, group and deal level
- Accurate treatment of cross-linked and split loan structures
- Highly parallelized, cloud-based computing
- Customized reporting
Data Management and Analysis
- Streamlined underwriting process
- Powerful loan and property search tools
- Locate similar properties using specified criteria
- Fast multi-dimensional stratification of loan data
- High speed reporting with Excel and web based tools
Index / Portfolio Analytics
- Levered and Unlevered returns and sensitivities
- Highly parallelized
- Cash and synthetic strucutres
Deal Flow Tracking
- Framework to track new investments efficiently
- Document management for direct CRE investments
- Customized reporting for management groups
Portfolio Management System
- Straight-through processing
- P&L with matrix pricing
- Financing and cash management
Software & Data Processing Support
- 24/7 Operational support
- Custom software development and integration