Former Vice President of Global Technology for DBRS Joins CRED iQ

October 14, 2020

Former Vice President of Global Technology for DBRS Joins CRED iQ

RADNOR, PA, October 14, 2020 – CRED iQ, the commercial real estate data, analytics, and valuation startup announced the addition of Zac Ruiz to its advisory board. Ruiz joins CRED iQ with over 20 years of experience working on technology teams across a variety of industries including 10 years in securitization and capital markets. He will help lead data strategy, quality control and UI/UX efforts.

Ruiz operates a Data Lab and was previously the Vice President of Global Technology for DBRS where he architected the DBRS internal transaction management systems and provided technical support for model development initiatives. He has led teams of software engineers to execute product strategies and road maps while refining agile software development methodologies.

“Zac is passionate about finding ways to derive value from data, building innovative products, and the intersection of technology and leadership.” Said CRED iQ Co-Founder Mike Haas. “We look forward to leveraging his past experience with CMBS and CRE data combined with new data lake technologies. Zac is a great guy and will be a huge addition to the team as we grow the platform.”

Zac has a solid understanding of CRE data and CMBS and brings a wealth of experience with developing similar platforms. “Commercial real estate is on everyone’s mind and the time is now for the industry to increase adoption of technology and data as it navigates the uncertainty ahead. Bill and Mike have such a detailed and specific vision for CRED iQ; they know exactly where they want to be and how they want to serve the industry. I am excited for the opportunity to lend a hand to their mission.”

CRED iQ Co-Founder Bill Petersen said, “We’re excited to have Zac join the team. His expertise with developing similar applications and his understanding of the commercial real estate and CMBS markets will be a significant help to CRED iQ as we continue to evolve the platform.”

About CRED iQ

CRED iQ is a commercial real estate valuation and data analytics platform designed to help industry professionals unlock investment opportunities and identify portfolio risks. Driven by a combined 30+ years of experience, CRED iQ provides actionable intelligence for over $730 billion of commercial mortgage data. The user-friendly interface accurately assesses near- and long-term credit risks through interactive proprietary valuation and monitoring systems.

What is CRED iQ?

CRED iQ

September 25, 2020

Welcome to the first installment of CRED iQ’s blog series. CRED iQ is a commercial real estate valuation, market analytics and lead generation tool designed for brokers, lenders, appraisers and CRE/capital markets investors. Developed with leading edge technology, CRED iQ efficiently delivers real-time commercial real estate and market information through a user-friendly interface (www.cred-iq.com). Subscribers have access to a comprehensive data set of distressed and non-distressed assets complete with owner contact details. Updated monthly, the data includes mortgage, financial and occupancy information, as well as commentary on distressed assets.

The data is housed securely in the cloud and is displayed on a dynamic interface built to help facilitate commercial real estate opportunities. CRED iQ makes it easy to filter over $765 billion of commercial mortgage data. Users can search by zip code, city, submarket, and MSA, or use the interactive map with street and aerial views. Or users can filter by property type, building size, maturity date, delinquent loans and lease expiration dates. Search results can be easily exported into .csv and converted to Excel to slice and dice the data to the user’s specifications.

By running a quick search, CRED iQ will generate a targeted list of opportunities specific to the needs of the user. Results are inclusive of ownership information with borrower name, loan guarantor, ownership entity and contact name, phone numbers emails, and addresses.

CRED iQ uses the expansive market and collateral data to provide real-time valuations for all assets within its database. Multiple valuation scenarios, income approaches, and discounted cash flows with over 50+ adjustable assumptions backed by 20 years of empirical data are used to derive the market values.

Users are supplied with submarket and market statistics, cap rates, rent and expense comps as well as the functionality to apply additional stresses to any of the CRED iQ assumptions to arrive at their own valuations. CRED iQ valuations are performed using the same methodology as an MAI-certified appraisal but with more technology to increase accuracy, transparency and confidence.

To get started with a free trial, please visit www.cred-iq.com, or contact us at team@cred-iq.com.

Please be sure to check back periodically for updates on new tech rollouts as well as industry related research.