We treat the small commercial property market as our research laboratory. We use extensive, national databases of CRE market and sales transactions data to grasp underlying relationships and trends, and then build data-rich research products and analytical tools that enhance the capability of lenders and investors to make prudent lending and credit decisions involving small commercial properties.
The small commercial property space encompassing modest-sized commercial and multi-family buildings under 50,000 square feet and $10 million in value differs markedly from the larger CRE arena. Small commercial properties reflect the pulse of the neighborhood and are only loosely tied to the macro and regional economic factors that exert great influence on larger or institutional-grade properties. In fact, our research has indicated that the smaller CRE property market tracks residential housing more closely than it does the larger CRE market. (See a relevant research article here.)
On our SmallBalance.com web site, we offer a suite of specialized reports supporting originations, credit and portfolio review, and portfolio acquisitions in this market. Some reports provide instantaneous collateral valuations on subject properties derived from proprietary automated valuation models (AVMs) while other products take a more conventional approach to valuation. Most reports may also be ordered with a building inspection, seamlessly integrated in order to comply with agency guidelines for commercial evaluations.
In addition, Boxwood maintains the Small-Commercial Price Index (SCPI) that tracks small-cap CRE sales prices in 100+ metro areas. It is widely published, available by subscription and used extensively by commercial banks for market monitoring.
For a complete list of our report products, please visit the Product pages on SmallBalance.com. We welcome any inquiries about research needs in the small-balance loan or property markets that depart from our standard lineup of reports.
Some of Boxwood's research is reported each month in our free Small Balance Advocate report.