|
| [January 14, 2013] |
 |
Trepp and Rockport Create Joint Venture to Deliver Commercial Real Estate Web-Based Solution
NEW YORK --(Business Wire)--
Trepp LLC (Trepp), the recognized leader in CMBS information, and The
Rockport Group (Rockport), the leading provider of commercial mortgage
lending and asset management software, have launched a joint venture,
TreppPort to provide a robust, end-to-end lending, surveillance and risk
management web-based platform. TreppPort's platform leverages two solid
foundations to assess an institution's entire commercial real estate
(CRE) exposure, whether in the form of on-book senior loans, mezzanine
debt, CMBS bonds or CRE equity.
TreppPort integrates clients' CRE related portfolios with third-party
data, such as Trepp's extensive public market data of 150,000 loans,
enabling clients to manage, analyze and benchmark CRE bonds, loans, and
properties in a single, centralized, customizable and reportable
platform. Delivered via software-as-a-service, TreppPort supports a
variety of CRE firms including institutional lenders and investors,
asset managers, B-Piece investors, conduit lenders and rating agencies.
"TreppPort represents the convergence of institutional knowledge with
market data, which is unique," said Rick Trepp, Chairman of Rockport.
"By providing a single, centralized platform to better underwrite, value
and analyze loans and properties whether held on-book or under bonds,
TreppPort greatly inreases efficiency, reduces redundancy and enhances
management of risk," Trepp said.
"We are excited about this business extension for Trepp," said Annemarie
DiCola, CEO of Trepp. "Until now, CRE investors and lenders have had few
efficient and effective options for managing their global holdings
end-to-end," DiCola said. "Previously, clients had to build their own
internal models and databases or outsource the integration and build.
Those options were silo-specific, costly to develop, maintain, and keep
consistently updated with deal, loan and property information. TreppPort
will be a game-changer," DiCola said.
About Rockport
Rockport, founded over a decade ago by Rick Trepp, is the recognized
industry standard provider of a SaaS (News - Alert) solution for commercial mortgage
loan origination, underwriting, securitization and asset management.
Rockport provides a securely hosted, configurable off-the-shelf system
that provides a robust infrastructure and analytical toolset for loan
sizing and underwriting, pipeline tracking, loan and portfolio-level
reporting and analysis, and performance tracking. Today the platform is
widely used by banks, funds and life companies for the origination,
securitization and asset management of performing and non-performing
loans and REO. For more information, visit www.therockportgroup.com.
About Trepp
Trepp, LLC, also founded by Rick Trepp in 1979, is the leading provider
of information, analytics and technology to the CMBS, commercial real
estate and banking markets. Trepp provides primary and secondary market
participants with the web-based tools and insight they need to increase
their operational efficiencies, information transparency and investment
performance. From its offices in New York, San Francisco and London,
Trepp serves its clients with products and services to support trading,
research, risk management, surveillance and portfolio management. Trepp
is wholly-owned by DMG Information, the information publishing division
of the Daily Mail and General Trust (DMGT). For more information, visit www.Trepp.com.

[ Back To Customer's Homepage ]
|