Tenant Viability Assessment
Know your Tenant - Protect your NOI
Automated Due Diligence Platform
Rapid, yet comprehensive, evaluation of any portfolio, market, property, rent roll, or tenant
Reduce Losses
Our services help you make smarter investment and leasing decisions, saving you money by NOT investing in ONE bad property or ONE poor quality tenant who defaults.
Uncover & Mitigate Risk
Through our vast array of data sources, we can identify risks in the commercial real estate tenant, the industry, and the property location, and then recommend lease security options for new and renewing leases.
Faster Turnaround
Our automated analyses and real-time data feeds allow us to quickly assess a situation, whether it is an acquisition, new lease or disposition. Turnaround can be in hours or two days maximum depending on the level of assessment.
Higher Valuations
We can enable you to achieve a higher valuation on the sale of your property by using data to explain why the investment is sound, given its location, and to support a strong tenant rent roll.
Protect Your Investment
We help you uncover changes in your tenant’s status through continuous monitoring, allowing you to proactively manage your rent roll and optimize your NOI.
Identify New Opportunities
We use unique, proprietary data sets to unveil new trends, fresh insights and opportunities for investment in development or acquisitions.
SUMMARY DEAL SCORE & COMPONENTS
Unique score which incorporates the most comprehensive set of risk factors including financial statement analysis, peer benchmarking, credit, background checks, industry risk, SWOT, news, social media, lease analysis and more.
RED FLAGS & POSITIVE POINTS
Highlights systematic quantitative and qualitative key insights generated by Megalytics for all aspects of the analysis.
LEASE SECURITY OPTIONS
Based on proprietary methodology which uses a number of input factors, including underlying tenant credit, lease structure and market conditions, that go into the determination of the security options for the lease.
Market Comps
Significant comps database for similar transactions by geography, property type, industry etc.
Automated Platform
Let Megalytics do the heavy lifting and find the relevant data that you need so you can spend your time on high quality analysis rather than digging up data.
Specialized Scoring
Specialized scoring models for law firms, banks, insurance companies, biotechnology/life sciences, not-for-profits, and start-ups.
Customer Traffic Patterns
Geofencing of retail sites to track visitor traffic patterns including TOD and DOW, using cell phones. Real-time vehicle traffic 24/7, in 15-minute increments, bi-directional.
True Trade Determination
Using geofencing and credit card data we can determine shoppers’ home locations down to census block/zip codes. Demographics and Psychographics of primary, secondary and tertiary trade area.
Re-Opening Analytics Post-COVID
Analyze customer traffic patterns and pre- and post-COVID customer makeup and home locations. Identify the impact of promotional events to increase traffic draw.
Cross Shopping
Analyze where else shoppers go based on where they live using credit card data.
Relative Market Share
Determine relative market share of malls or retail sites from promotional events using geofencing and traffic analysis.
Retail Gap & Void Analysis
Which retail categories are in demand and which major chain retailers are missing.
Megalytics Viability Assessment
We work with all property types, including office, retail, and industrial.
- Four different levels of assessments depending on deal size and complexity
- Evaluate deal risk for both private and public tenants
- Specialized reports for law firms, insurance, banking, start-ups, and non-profits
- Secure online order entry portal for safely uploading proprietary and deal-sensitive documents and financials
- Ideal for new tenants, lease renewals, expansions, contractions, rent relief requests, relocations, new development, acquisitions, and dispositions
Megalytics Workflow Components
Unparalleled Depth of Risk Analysis
Multi-Faceted Risk Analysis
- Over 200 components and subcomponents built into the risk analysis
- Each component is scored separately and weighted into an overall score
- Longitudinal database of all other deals by industry and property type are used to comp and benchmark this deal against all others
- Only by having this complete set of real-time workflow components can you truly assess the risk of a transaction
- No other assessment in the industry offers as many levels of risk analysis as Megalytics does
Client Testimonials
"We rely on Megalytics to give us comprehensive yet distilled assessments of prospective tenants’ often complex financials, especially with large industrial leases that typically require significant capital outlay. The associated overall score and lease security recommendations are critical to guide us through the negotiations with the tenant, and anchor the discussions in a reasonable win-win range."
— Regional Marketing Manager
"We have astute accountants who analyze financials. But Megalytics mines data to understand the business, industry profile and performance compared to the industry. We don’t have that ability in-house."
— SVP Asset Management
"Megalytics Viability Assessment helps us benchmark tenants against each other while evaluating potential prospects. Their data and algorithms produce a consistent product, the score and the ranking provided are very helpful in determining whether we should proceed with a particular deal or not."
"Because of the information your assessment uncovered, we were able to do a 450,000-square-foot deal that prior to getting your report, we didn’t think we could get approved."
— J.P. Morgan Asset Management
"I am very impressed with the wealth of information generated in a tight timeframe."
— Invesco Real Estate
"I have shared the reports you have done for us with my colleagues at Westcore and needless to say they are impressed."
— Westcore Properties
Industry Pandemic Risk Score
Local and national industry-level risk analysis and rating of impact due to pandemic, mitigating factors, and outlook for recovery.
The Industry Pandemic Risk Score ranges from 0 to 500, where 500 represents the highest tenant industries at risk. Not every tenant in this industry will have the same risk and could be mitigated by a number of factors including a strong balance sheet or strong lines of credit or company-specific operational mitigation.
Tenant Tracker
Continuously Analyze and Score the Health of your Rent Roll. Property-based tenant analysis of public and private companies.
The most comprehensive real-time tenant analysis platform in commercial real estate. Our automated solution integrates hundreds of data sources, filtering changes in the tenant’s credit, pandemic industry risk, derogatory public filings, news and social media.
OUR PROCESS
You can run Megalytics through our Self-Serve Platform or as a Service Bureau
1. Gather Documents
Determine applicable transaction information including lease and tenant financials
2. Enter Information
Complete the Megalytics Viability Assessment order from available online or offline
3. Upload Documents
Documents are uploaded through a secure site
4. Assessment Delivered
You will receive a completed Assessment as well as a Risk Summary. We offer the most comprehensive report with the fastest turnaround available.
How CRE Firms Benefit from our Services
Uncover transaction risk at all levels
Ongoing review of data vendors yielding best-in-class solutions
Security deposit options based on risk components
Unbiased, objective tenant and property evaluations
Best data from best sources for each assessment
Regulatory compliance
Faster turnaround time
Guarantor selection
Client Use Case Scenarios
Each of our clients is unique and has their own pain points. We listen, map out a plan, and then execute against their needs. Sample use cases where we can be of help include:
- New and renewing leases with high capital outlay or square footage
- Initial inquiry for KYC/global watch list or prospect analysis
- Expanding and/or space reduction requests
- Early buyout and/or rent relief
- Material Tenant Analysis for acquisition or disposition analysis
- Ground-up construction, negotiate with the anchor tenant on pricing
- Tenant Monitoring for proactive tenant management, potential high risk/watch list
- Workforce analytics for talent pool maps
- Submarket analysis for Live, Work, Play including amenities, crime, traffic, commute times
- Rent Roll Analyzer and property score
- Score Retail and Office Portfolios and tenant concentration of high-risk tenants
- Portfolio Rebalancing for high-risk tenants or industries