What’s Going On

We plan to launch our CMBS Leads product at the end of the week. We are currently putting the finishing touches on the tool, and we are really proud of it.

CMBS Leads is an affordable, Web-based way to find and manage leads for CRE refinancing and distressed asset purchases. The application is an intuitive interface where you will:

• Find leads that are maturing, in default or in foreclosure.
• Create lead lists to manage different types of opportunities.
• Manage and report contact history at the loan level, and more.

We hope you’ll find plenty of value in the Leads product — and that the tool and data empower you to “Make your own opportunities with CMBS Leads!”

Download the CMBS Leads Brochure

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Our family just enjoyed a great spring break. While my wife and daughter went to Disneyland, my 10-year-old son Andy and I went to Palm Springs and hung out in the desert. We started by renting a hot red Dodge Charger and going to the local Walmart for essential supplies:

1) An adapter so we could plug our iPod into the rental car (going to Joshua Tree without playing U2’s Joshua Tree just wouldn’t seem right).

2) A sling shot.

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We have had a very active few weeks around CMBS.com — just not much blog writing!

– We signed a new contract for Backshop on a to-be-named opportunity fund that needed an asset management system for distressed loans.

– We signed a four-year lease on a new office suite.

– We are getting ready to launch a new product called CMBS Leads.

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Not much glamour around CMBS.com the last few weeks. We’ve been working hard “clearing” deals to add to our CMBS library. To clear a deal, we must tie out the loans from the setup file with the loans being reported on the Trustee IRPs. This is a slow, labor-intensive process.

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I became such a Metallica groupie last week that my friends are calling me Penny Lane, the “Band Aid” groupie character played by Kate Hudson in the movie Almost Famous. They accuse me of having a “man” crush on Lars — Ahh, jealousy does not wear well on them.

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