Terms of Service

Aster CRE provides analytics, search, and visualization tools over commercial real estate (CRE) debt securitization data — including CMBS conduit, Freddie Mac K-Deal, and Fannie Mae GeMS transactions — compiled primarily from public sources such as SEC EDGAR filings and agency disclosures. The Service is intended for use by finance and real estate professionals.

You must be at least 18 years old and able to form a binding contract to use the Service. You agree to provide accurate account information and to keep it current. You are responsible for all activity under your account and for keeping your credentials confidential. Notify us promptly of any unauthorized use.

You agree not to:

• scrape, harvest, resell, redistribute, or commercially exploit the data or analytics except as expressly permitted by us in writing;
• reverse engineer, decompile, or attempt to derive source code or underlying datasets;
• circumvent access controls, probe or breach security, or disrupt the Service;
• use the Service for any unlawful purpose or in violation of any applicable law or regulation; or
• share your account or access credentials with others.

The Service is provided for informational purposes only. Nothing on Aster CRE constitutes investment, financial, legal, tax, or accounting advice, an offer or solicitation to buy or sell any security, or a recommendation regarding any transaction. Aster CRE is not a registered investment adviser, broker-dealer, or fiduciary. Data is aggregated from third-party and public sources and may contain errors, omissions, or delays. You are solely responsible for independently verifying any information and for your own decisions. Always consult your own qualified advisers before acting.

Underlying source documents (e.g., SEC filings, agency offering circulars) are public records. The Service’s compilation, normalization, analytics, presentation, software, and trademarks (including the Aster CRE name and logo) are owned by us or our licensors. Subject to these Terms, we grant you a limited, non-exclusive, non-transferable license to access and use the Service for your internal business purposes. We reserve all rights not expressly granted.

THE SERVICE AND ALL DATA ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, OR NON-INFRINGEMENT. We do not warrant that the Service will be uninterrupted, error-free, or that data will be complete or current.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL ASTER CRE OR ITS AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, DATA, OR GOODWILL, ARISING FROM OR RELATED TO YOUR USE OF THE SERVICE. OUR TOTAL LIABILITY FOR ANY CLAIM WILL NOT EXCEED THE GREATER OF THE AMOUNTS YOU PAID US IN THE TWELVE MONTHS PRECEDING THE CLAIM OR USD $100.

We may suspend or terminate your access at any time for violation of these Terms or to protect the Service. You may stop using the Service and request account deletion at any time. Sections that by their nature should survive termination (including Sections 4–7) will survive.

We may modify the Service or these Terms from time to time. Material changes will be reflected by an updated “Last updated” date and, where appropriate, additional notice. Your continued use after changes take effect constitutes acceptance.

These Terms are governed by the laws of the State of New York, without regard to its conflict-of-laws rules, and you consent to the exclusive jurisdiction of the state and federal courts located there.