Blooma now supports the following SOFR rate types
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SOFR
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30-day SOFR
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90-day SOFR
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180-day SOFR
Bulk Update Existing Deals
A user can now update existing deals in bulk from the Admin page. The edits are effective at the deal level and the available fields are as follows:
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Deal ID
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Stage
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Deal Name
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Loan Number
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Loan Amount
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Original Loan Term
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Rate Index Type
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Index Rate
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Index Rate Spread
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Risk Rating
Bulk Include/Exclude Comparables
You can now include or exclude comparables in bulk. When you select the '+' or '-' icon to add or remove a comparable, a new 'Save' and 'Cancel' button will appear below your subject property information. Filter and sort your comparables as you did before. All comparables with a check mark remaining will be included in your comp set, and all comparables without a checkmark will be excluded. Click comps with a checkmark to remove, or click the empty checkmark space to include. Click 'Save' to store your changes and Blooma will automatically calculate the changes you selected.
Imported bulk deals must be in New or Originated state
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Using bulk deal import, a user cannot upload deals in any state other than New or Originated
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For deals imported into originated state, Origination Date and Originated Loan Amount must being supplied by the user
Users can now add an extension term for Originated deals in the deal details module
Blooma now supports a Net Income calculation using “below the line expenses”
Users can now utilize a “below the line expenses” section below the NOI on the proforma cash flow table where users can add any number of expense rows that will NOT be calculated in NOI or valuation. These expenses will be used to calculate net income, which is the cash flow number used to calculate DSCR (instead of NOI)
Bug Fixes
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User can now edit vacancy on proforma cash flow when rent roll revenue is selected
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Comparables are included or ignored correctly and filters, sort by, and viewing excluded comps are all maintained
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Improved filters and sorting for comparables
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Minor bugs patched