This week I have been working more with my main project for the summer. The part of the project that we have entered now is the final valuation/data entry stage. At my job we use a program called PAM for Mortgages by State Street. It is a really interesting tool because it allows us to have all of the information on our individual loans in one place as well as Collateral Information on each of the loans. Right now I am using the valuation reports that I prepared earlier this summer, along with the rent rolls for each property, to come to a final value for each property. I have gotten through about 30% of the files already so I should be able to finish before mid-august when my co-op ends. This has been a very interesting project and I am happy that I have gotten this exposure to the investment side of real estate.
