With locations in Robbins, North Carolina, and Little Rock, Arkansas, Situs Outsourcing Solutions (SOS) continues Situs’ well-established tradition of providing innovative solutions to satisfy the needs of the commercial real estate finance and servicing industries. Our unique, low-cost rural platform combines a large team of highly trained finance analysts, seasoned loan and real estate professionals and Situs’ proven delivery capabilities to provide a higher level of scalable, knowledge-based services to commercial real estate loan originators and servicers. Operating as a domestic platform, SOS is the onshore choice for outsourcing due diligence and loan servicing support functions.

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Due Diligence & Commercial Mortgage Underwriting Support

In addition to partnering with Situs’ Real Estate Consulting and Accounting Due Diligence groups to support their comprehensive range of commercial real estate services, SOS is poised to complete the analysis driving your commercial real estate transaction. Whether originations, securitizations or asset management, we are flexible and reliable in satisfying your transactional needs. Some of the additional due diligence services we provide to clients include:

• Loan Sizing (Same-Day Turnaround)
• Borrower Credit Analysis
• Asset Summary Reports
• Data Aggregation/Agency Tapes
• Buy/Sell Transaction Support
• Lease Abstracting
• CAM Reconciliation/Property Accounting Support
• On-Demand Market Research
• Document Management, Imaging & Scanning

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Loan Servicing Support

Situs has created a low-cost, scalable platform staffed by financial analysts experienced in due diligence. The team’s understanding of the commercial real estate life cycle results in superior support for our loan servicing clients. Our experienced managers partner with you to implement “best practice” processes, as well as assemble dedicated teams that provide value-added insight on each assignment. Utilizing technology to its fullest, we deliver seamless services for the many components of servicing a loan. Some of those components include:

• Insurance Compliance Review with Integrated Database Solutions
• Financial Statement Analysis (OSARs)
• Reserve Draw Analysis and Audit
• Construction Draws
• Loan Assumption Underwriting
• Satisfactions/Payoff Quote Calculations
• New Loan Set-up, Servicing System Update and Audit
• UCC Recording and Compliance
• Periodic Loan Reviews/Risk Rating Analyses
• Lease Consents
• Cash Management/Waterfall Administration