CompStak, the leader in commercial real estate information, is pleased to announce today a new strategic partnership with Moody’s Analytics, a leading global provider of risk management solutions.
CompStak will collaborate with Moody’s Analytics to leverage CompStak’s crowdsourced commercial lease data within certain existing products while partnering in the development of new products and technologies designed to serve the needs of commercial real estate finance and risk professionals. The two firms are working together to integrate analytics derived from CompStak’s data into Moody’s Analytics products, including the CMM™ (Commercial Mortgage Metrics) solution, the leading tool for assessing the default risk of CRE mortgages. New analytics products are also in the planning stages.
“We’re excited to leverage CompStak’s granular lease data with the world class economic data and industry forecasting from Moody’s Analytics,” Michael Mandel, CEO and co-founder of CompStak, said. “Together, we can bring new products to the market that provide unprecedented insight into commercial real estate investment, lending, and risk. Working with Moody’s Analytics allows CompStak to grow our presence with underwriters, portfolio managers, CMBS issuers and traders, and CRE risk managers.”
“CompStak’s crowdsourced data provides unique and detailed insights into the CRE market. Working with CompStak will help Moody’s Analytics enhance our existing CRE solutions and develop new and insightful products for our CRE customers,” said Keith Berry, Executive Director of Moody’s Analytics’ Emerging Business Unit.
As part of the partnership, Moody’s Corporation has made a strategic investment in CompStak. “It’s a privilege to have Moody’s as an investor in CompStak. This strategic investment is symbolic of our shared commitment to make this partnership a success,” Mandel said.