Sponsor Evaluation

Sponsor operating behavior,
made visible.

Sylvan shows how real estate sponsors actually operate when obligations are real. Not intentions. Not narratives. Observable behavior captured across live financial obligations.

01. Reliability

Payment Behavior

Sylvan shows whether payments are made on time, consistently, and from what source.

  • On-time and late payment history
  • Payment patterns across multiple obligations
  • Whether payments are funded by asset cash flow or sponsor capital

Payment reliability is a baseline expectation. Payment source reveals capital strength and operating stress.

Payment History Log

Asset Cash Flow
Sponsor Injection
JANFEBMARAPRMAYJUNOKINJECTION+2 DAYS

Reserve Adequacy Monitor

REQ: $250k | ACT: $280k
CRITICALREQUIRED THRESHOLD+ $50k BUFFER
Injections (LTM)0
Management StylePROACTIVE
02. Discipline

Capital and Reserve Discipline

Sylvan shows how sponsors manage required reserves and liquidity under real constraints.

  • Reserve balances versus required thresholds
  • Frequency and size of sponsor capital injections
  • Patterns of proactive buffer management versus reactive support

This reveals whether a sponsor plans for volatility or runs assets lean until intervention is required.

03. Accuracy

Forecast Accuracy

Sylvan shows how closely projected performance matches actual results, and how sponsors respond when it does not.

  • Forecast versus actual performance trends
  • Magnitude and frequency of variances
  • Reforecast behavior when conditions change

This distinguishes disciplined operators from sponsors who maintain optimistic projections too long.

Variance Analysis

ORIGINAL PRO FORMARE-FORECAST ADJ.-12% VAR

Issue Response Timeline

ISSUE EVENTT-04 HOURSINVESTOR NOTICEPLAN UPLOADEDT+24h

Sponsor disclosed HVAC failure and capex requirement immediately. Full resolution plan provided within 24 hours.

04. Transparency

Disclosure Behavior

How problems are communicated

Sylvan shows how sponsors disclose issues when they occur, not after the fact.

  • Time from issue occurrence to disclosure
  • Disclosure completeness and follow-up
  • Frequency of revisions and restatements

Timely disclosure is often a stronger signal than performance itself.

05. History

Consistency Over Time

Sylvan aggregates behavior across all obligations to show whether operating patterns hold.

  • Stability or volatility in behavior across deals
  • Improvement or deterioration over time
  • Whether issues are isolated or systemic

This turns isolated experiences into an operating history.

Cross-Asset Consistency Map

DEAL A
DEAL B
DEAL C
DEAL D
OK
OK
OK
OK
OK
OK
LATE
OK
OK
OK
OK
OK
"Isolated issue in Deal C, quickly resolved. No systemic pattern detected."

Sponsor Operating Records

Longitudinal, comparable, decision-ready

Aggregate

All observed behavior aggregates into sponsor operating records that include time-series behavior trends.

Detail

Deal-level drill-downs allow you to isolate specific asset performance within a sponsor's portfolio.

Summary

Sponsor-level summaries provide a high-level view of operating character and capital discipline.

"There are no ratings, scores, or endorsements.
Sylvan provides evidence. Investors draw conclusions."