Prevesta

Prevesta — A proprietary normalized building-permit panel across 7 major U.S. metros (LA, SF, NYC, Chicago, Seattle, Austin, Miami): 1.8M+ permit records with 1.5M filing-to-final-issuance DURATION records keyed by permit type and district, plus district-level examiner-congestion data, contractor/GC performance profiles, and — uniquely — examiner-level data in NYC tracking 1M+ decisions to individual city reviewers. Layered with parcel zoning constraints (FAR, height, setbacks, parking, variance history), entitlement-approval probability by jurisdiction/type/district, and construction-lending…

Prevesta offers (Alternative, Reference, Geospatial) — Quantified by the vendor: 1.8M+ permit records across 7 metros, 1.5M duration records (filing to final issuance), 250,000+ comparable permits used per prediction, 1M+ NYC examiner-attributed decisions, 7,800+ FDIC banks plus CMBS deal data in the lending layer, and a five-module platform including an address-intelligence layer (violations, code-enforcement history, comps, unit pipeline)..

Construction-loan underwriting and interest-reserve sizing (lender-ready P50/P75/P90 and reserve recommendations for loan committees); deal underwriting and land-basis risk assessment (IRR sensitivity to permit duration — the vendor's own example shows a 5-month vs 14-month permit roughly halving IRR); survival-analysis and duration-prediction model training on the 1.5M duration pairs; municipal-performance benchmarking and permit-reform advocacy (which districts/examiners are bottlenecks); contractor selection by measured speed; regulatory-impact measurement (did a policy change cut durations — a difference-in-differences dataset); and nowcasting residential/commercial supply pipelines by metro.

Coverage spans US; Real Estate Services, Homebuilders, Mortgage REITs; alternative, reference, geospatial; equities, fixed_income.