Expanded & Optimized an Origination Platform for a CRE Lender through Strategic Outsourcing & Advisory Services

A leading U.S. commercial mortgage lender specializing in Agency, CMBS and short-term balance sheet lending sought to enhance its lending platform and increase originations, without adding extensive resources to back-end credit tasks.

The client engaged SitusAMC to provide underwriting and due diligence services as it grew debt originations across its conventional multifamily and small balance loan (SBL) platforms. Based on the success of the relationship, SitusAMC moved from a transactional back-office solution to a trusted advisor. The relationship expanded to include a full spectrum of activities related to new loan origination and post-closing needs, including loan sizing; QC review; audits of loans sold to the government-sponsored enterprises (GSEs); third-party appraisal review for senior housing; and handling retail and office loans for CMBS. SitusAMC’s nimble structure and streamlined process allow primary underwriters to quickly mobilize teams to respond to large assignments and complex portfolios.

Today, SitusAMC supports 100-125 loans annually. SitusAMC has enabled the client to scale its origination volume significantly, becoming one of the leading originator of small balance loans in recent years. SitusAMC’s approach has helped the client avoid staffing increases, enabling the client’s underwriters and analysts to focus on owning and keeping the deal on track by delegating time-consuming tasks to experienced internal teams. That ensures transactions move through the pipeline smoothly and quickly.