Fitch Risk and Property & Portfolio Research have launched a commercial real estate credit model, Compasscre, which combines PPR's commercial real estate analytics and data with Fitch Risk's commercial real estate credit model.The model uses historical loan performance data to measure the probability of default, loss given default, and expected loss for a loan, portfolio, or securitized pool, Fitch said. "Real estate can now be analyzed with the same level of analytic sophistication as other asset classes," said David Kelson, a Fitch Risk managing director.

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