Commercial Real Estate & Small Business Insights - December 2020
Consistent CRE tenant and portfolio risk assessment is critical now more than ever. Many property managers and asset managers are not proactively evaluating tenant risk, resulting in cash flow issues with late rent payments, or worse, with tenants going out of business. With the COVID-19 pandemic dramatically impacting businesses, property managers want to be able to identify which tenants were on sound financial footing before the crisis hit - to help predict if they can weather the storm. CRE professionals would also like to know which tenants are falling behind on other payments (e.g., loans, leases, invoices, utilities) due to COVID-19, so they have a heads-up that their rent will likely be late or missed.
Commercial Real Estate Risk Assessment, a solution offered by Equifax in conjunction with ReMeter, helps to address these issues. Using detailed financial information for a building's tenant base, commercial real estate leaders can:
Evaluate a commercial tenant portfolio for financial stability
Flag tenants with increased risk profiles
Monitor tenants monthly to identify changes in payment patterns
Analyze tenant ability to continue on lease
Learn how you can leverage transparent and objective risk data to measure tenants' financial profiles and strategically manage your business.
Join Sarah Briscoe, Senior Statistical Analyst; Elaine Makdah, Senior Index Developer; Jim Brendel, Product Manager, Commercial Risk; and L.D. Salmanson, CEO & Co-Founder of Cherre as they present a webinar moderated by Vidya Vishal, Equifax Commercial Growth Leader. They will review the latest economic trends and offer their insights on the implications for the state of the commercial real estate market heading into 2021. Learn how you can leverage transparent and objective risk data to measure tenants' financial profiles and strategically manage your business.
For more insights on the data that is covered in this webinar, check out our Strategic Insights for December 2020.