Trepp expanded its commercial real estate platform to include daily commentary and market observations under the TreppWire banner.
Each business morning, the new service identifies potential credit events and trading ideas that could affect investors’ CMBS and CRE positions.
Entering its third month of production, TreppWire has served portfolio managers, traders, risk managers, distressed asset buyers and commercial real estate professionals.
Aside from market level trends, TreppWire covers loan, property, borrower and tenant specific credit changes as well as daily pricing movements.
It takes pride in exposing several CMBS and CRE stories that did not were not covered by the national press until later. The data is based on Trepp's industry standard commercial mortgage database used by over 600 institutions worldwide.
“We have a long history of alerting our clients to breaking events in the CRE marketplace,” said Manus Clancy, senior managing director at Trepp. “Today, with delinquencies and defaults accelerating and markets moving by the hour, we believe it is critical to provide up-to-the-minute reports to our clients."