Stamford, Conn, Oct. 22, 2018 (GLOBE NEWSWIRE) -- Boxwood Means, LLC, a leading national provider of commercial evaluations and data analytics serving commercial lenders in the small-balance commercial mortgage market, today announced its status as a Preferred Vendor with PeerStreet, Inc.
PeerStreet, an award-winning platform for investing in real estate-backed loans, has designated Boxwood as a preferred supplier of commercial evaluations for small-balance loan collateral valued under $1 million under its Preferred Vendor program.
“PeerStreet’s partnership with Boxwood is one of several alliances with third-party vendors that offer our borrowers and investors exceptional value and services,” said Greg Galusha, PeerStreet’s Head of Commercial Real Estate. “Boxwood’s commercial evaluations have proven to be a detailed and cost-effective alternative to appraisals for certain types of CRE property valuations and fit well with our commitment to diligent execution, transparency and customer service.”
Boxwood, which for years has supported 200+ institutional clients across the U.S. with commercial evaluations on Boxwoodmeans.com, designed a wholly new and customized platform for PeerStreet’s lenders to efficiently order its best-in-class FieldSmart commercial evaluations.
“We’re excited to be named a preferred vendor by PeerStreet and further pursue our complementary goals of getting needed capital in the hands of Main Street businesses and small property owners, stated Dave Colonna Boxwood’s Managing Director of Sales. “Our PeerStreet channel is open, and is already successfully executing business on behalf of PeerStreet and commercial lenders in the small-cap CRE arena.”
Boxwood’s FieldSmart commercial evaluations are a reliable, data-rich and fast solution for property valuations supporting a variety of lending applications including loan originations, renewals, credit and portfolio reviews and servicing, among others.
About Boxwood Means
Boxwood Means, LLC (www.BoxwoodMeans.com) is a Stamford, Conn. -based real estate valuation and data analytics firm supporting the commercial property investment and risk management needs of clients in the small balance commercial loan space. Boxwood’s comprehensive suite of commercial evaluation reports support the collateral valuation needs of more than 200 commercial banks, non-bank lenders and investors nationwide.