New Feature Highlight: Bridge Loan and Future Value Refinance Sizers

valuationIQ Enhancement: Bridge Loan and Future Value Refinance Sizers

In the current economic environment, debt is cheaper than equity, making the financing of both acquisitions and subsequent capital expenditures appealing. The latest updates to valuationIQ, our proprietary underwriting model, add functionality designed for teams who have adapted their capital structures in response to this reality.  

The new Bridge Loan and Future Value Refinance Sizers, built in close consultation with a number of clients, add the ability to size bridge loans, adjust loan draws to fund future capital expenditures, and the ability to model a future refinancing based on the projected value of an asset at the end of a bridge loan term. Many redIQ clients invest for the long term, and the release of these capabilities simultaneously means valuationIQ allows users to model the full hold period. In addition, redIQ has updated labeling and guidance within valuationIQ, replacing ambiguous labels like “Loan 1” and “Loan 2” with “Bridge” and “Refinance” when applicable.  

Keep your eyes on your inbox: redIQ will continue to release new functionality in response to changing market conditions and client requests.  

About redIQ

Since 2012, redIQ has provided a comprehensive underwriting solution for institutional multifamily investors, brokers, and lenders. redIQ’s solutions support the full underwriting process, from standardizing financial documents to producing a final valuation. With our system, analysis takes less time and decision makers can move forward with greater confidence. redIQ users can close more deals, produce better returns, and spend less time worrying about downside.

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