The filings are public.
The read isn't.
Every CMBS loan, every maturity, every special-servicing transfer, every layoff and store closing is already disclosed somewhere. Verstavo refines that flood of public data into one read you can act on — surveillance plus disciplined early action, before the mess becomes a markdown.
Public CRE disclosure, refined into a distress read you can act on — and audit.
We don't have secret data. We have a refinery.
The disclosure is public — SEC EDGAR, FDIC call reports, court dockets, WARN notices — and it's a flood of mismatched, half‑labeled, filer‑by‑filer mess no desk has time to reconcile. We pump in ~30 public feeds, crack them through proprietary models — a stress score, aggregate cross‑trust LTV, special‑servicing capture, the interest‑only‑at‑balloon exit gap — and hand back graded product: the loans that matter, scored, ranked, and tied to the events moving them.
Crude in. Decisions out. Anyone can download the filings. The work is turning ten thousand barrels of raw disclosure into the three loans you need to call today — and that's the part you can't get from a terminal.
Distress surveillance is the post‑2017 EDGAR ABS‑EE conduit universe — the loan‑level CMBS record that’s public — now paired with each matched loan’s at‑issuance underwriting (origination LTV, appraised value, underwritten DSCR) from the deal’s original prospectus. It doesn’t yet include most single‑borrower (SASB) and floating‑rate deals (144A, off‑EDGAR), or agency CMBS. We tell you what we can see, and where the record ends.
We don't ask a model what it thinks.
Most “AI for CRE” is a chatbot wrapped around a data feed, confidently guessing. This is the opposite — built to be defended in front of a credit committee.
A 1.25x DSCR isn't a clean bill of health if the appraisal got argued up to make it one. We're built to catch the dressed-up deal — by reading every number against the frame it actually lives in. The whole job is telling a real cushion from a manufactured one.
| CMBS analytics | Stress scores, the maturity wall, aggregate cross-trust LTV, trust profiles, and top-tenant exposure per loan. |
| Institutional risk | An FDIC-based map of banks above regulatory CRE-concentration thresholds; CRE-CLO manager tracking via ABS-15G. |
| Distress signals | A daily bankruptcy feed (SEC / PACER / CourtListener / news), multi-state WARN layoffs across 45 states, tech layoffs, and a tenant-brand distress watch. |
| Geographic intelligence | ZIP-level demographics, LODES worker-flow analysis, and a metro-to-submarket crosswalk built from public geographies. |
| CRE Outlook | Published 12- and 24-month market forecasts, generated and editorially reviewed. |
| My Portfolio | Users import their own holdings for private stress scoring, market benchmarking, and nearby-risk scans. |
| Daily briefing | A personalized dashboard that leads with what needs your attention — not just where to look. |
Start with the market. Drill to the loan.
We refine public disclosure into a number you can defend. Start with the free market view, or see what the loan-level microscope unlocks.