Philadelphia, PA (April 19, 2002)
- PPR in association with RMA—The Risk Management Association today announced the launch of the RMA-PPR Commercial Real Estate Risk Management Study. The focus of the study will be on the collection, analysis, and reporting of commercial real estate mortgage and construction loan performance data.
Participants will be able to benchmark their real estate and construction exposure to that of their peers, gain insight into default and loss trends, and provide valuable input to emerging commercial mortgage and construction risk management models so that they may understand and manage their risk profile better.
According to Mark Zmiewski, RMA's director of Information Products & Services, "This study will position PPR and RMA as the preeminent resource for commercial real estate risk information and analysis."
RMA will begin recruiting participants immediately. Data collection and analysis will continue into the fall, and PPR will present the initial findings to participants in December 2002.
About RMA
RMA is the only financial services association that specializes in promoting effective credit risk management practices across the entire financial services industry. Its membership consists of more than 3,100 financial service providers. These institutions are represented in the association by more than 16,000 commercial loan, credit, and risk management professionals in 50 states, Puerto Rico, Canada and numerous foreign cities, including Hong Kong, Singapore and London.
About PPR
With offices in Boston and London, PPR is the leading provider of independent real estate research and portfolio strategy services to the institutional real estate community in the United States, and globally through an alliance with Property Market Analysis in London. PPR works with investors in real estate to help them meet their portfolio performance and risk management goals. PPR tracks performance in 54 U.S. cities and five property types (office, retail, warehouse, apartment and hotel). In addition, through a venture with F.W. Dodge, the firm provides the industry with data on real estate developments through the Pipeline product. PPR's clients include pension funds, Wall Street firms, investment advisors, insurance companies, commercial banks, public companies, family offices, and private capital sources - domestic and international, concerned with debt and equity transacted in public and private markets.
Additional information is available on PPR's Web site.For more information, please contact: Mark Zmiewski at RMA, One Liberty Place, Suite 2300, Philadelphia, PA 19103 (215) 446-4085 or William V. Tanski, Jr., Property & Portfolio Research, LLC, 40 Court Street, 3rd Floor Boston, MA 02108 (617) 426-4446