Fitch Solutions and Algorithmics Advisory Service launched a commercial real estate risk analysis and portfolio assessment service.
Fitch Solutions said that the rapid increase in cap rates and loan delinquencies combined with the fall in property has highlighted the importance of pinpointing U.S. CRE and CMBS risk.
"With a substantial number of CRE loans up for refinancing in the next few years, lacking a precise understanding of the complex risks within commercial real estate loan and securitization portfolios has become the latest area of concern for senior management teams," Krishnamoorthy Narasimhan of Algorithmics said.
The new service provides loan and portfolio risk reports to commercial lenders and institutional investors and will enable participants to isolate and monitor risk in their commercial real estate holdings.
