Boxwood Means, LLC, a leading provider of asset valuations, research and data analytics for lenders and investors in the small commercial property and loan markets, announced the launch of Streamline, the firm’s latest CRE property valuation product. The Streamline Appraisal report represents Boxwood's first USPAP- and FIRREA-compliant appraisal and complements the firm’s FieldSmart product line of commercial evaluations.

“The Streamline product is a natural progression from our very successful FieldSmart reports to a full appraisal that delivers on the same promise of innovation, dependability and sharp focus on small cap collateral and the local market,” Boxwood Means co-founder Randy Fuchs said in a press release.

All of Boxwood’s valuation products are tailored for the small balance commercial market that exceeds $160 billion in annual loan originations. The new report product, which is available in 30 states, is a technology-enhanced and abbreviated appraisal that leverages Boxwood’s proprietary small-cap CRE data and analytics and operations platform.

The platform maximizes Boxwood’s capabilities to produce appraisal reports in a timely and cost-effective manner for clients without sacrificing the quality of the content, the company said in the release.

“Since costs of third-party reports like appraisals are typically high relative to the modest-sized proceeds of small balance loans, we expect that Streamline will find strong appeal among commercial lenders in our space that are trying to thread the needle with a high-quality commercial property valuation that also contains borrower costs,” Fuchs said.