Compare
iQ Intel vs public filings — different time horizons, different coverage.
Public filings and lease-comps databases describe events after the fact, and only for the subset of tenants those systems cover. iQ Intel captures forward-looking research signal from live CRE underwriting — on both public and private tenants — and aggregates it into governed industry and geographic benchmarks.
iQ Intel is a forward-looking CRE tenant-intelligence layer derived from de-identified TenantIQ research events. Public filings and lease-comps are backward-looking records of closed events on a narrower universe; iQ Intel captures the underwriting-intent signal that precedes them and covers private tenants that never touch an SEC filing.
Side-by-side
A comparison of CRELYTIC iQ Intel against the two most common backward-looking data layers CRE teams already pay for — SEC filings (10-K / 10-Q) and executed lease-comps sources.
| Attribute | CRELYTIC iQ Intel | SEC Filings / Lease Comps |
|---|---|---|
| Coverage universe | Any commercial tenant someone on the TenantIQ network has underwritten — public and private, large and multi-unit alike | SEC filings: only SEC-registered issuers. Comps: only leases executed and reported to the provider |
| Latency | Research events captured within minutes of workflow completion; Market Demand dashboard refreshes nightly; TRI ships quarterly | Filings lag the quarter they describe; comps reflect already-executed leases |
| Signal type | Forward-looking: the decision surface where CRE professionals are evaluating tenants right now | Backward-looking: historical financial statements or executed deal terms |
| Aggregation | Industry-quarter and city-period buckets under min-N suppression (N ≥ 3 and N ≥ 5 respectively) | Entity-level filings or deal-level comps; aggregation depends on each provider’s proprietary modeling |
| Primary use case | Sector-rotation signal, expansion/consolidation detection, peer benchmarking, continuous drift monitoring | Financial analysis on a specific public issuer; market-rent benchmarking for lease negotiation |
| Governance | Commercial-entity-only scope, de-identification at capture and publish, min-N floors, full audit log | Regulator-mandated disclosure for filings; contractual for comps providers |
Why the two layers compose
Public filings and lease comps are indispensable and iQ Intel does not try to replace them. A public-issuer underwriter still needs the 10-K for audited financial statements. A lease broker still needs comps to justify a rent number. But both of those layers describe events that have already happened on entities that have already chosen to be visible.
iQ Intel fills the gap on the other side of the decision. The Market Demand heat map surfaces where CRE professionals are researching tenants right now, which leads the leasing activity by weeks or months. TRI benchmarks the industry distribution of composite risk across the same period. Credit Drift Alerts surface real-time moves on a named watchlist. None of those signals show up in a 10-K, because the 10-K describes the past of the subject, not the present of the decision.
The typical subscribing team overlays iQ Intel with an existing filings and comps stack. Use comps for the rent, the 10-K for the financial statement, and iQ Intel for the industry distribution plus private-tenant coverage plus forward-looking demand. See the methodology for the full pipeline, and the Market Demand page for the forward-looking signal in detail.
Frequently asked questions
Does iQ Intel use SEC filings at all?
Public filings can show up as one of many inputs to an individual TenantIQ research event — for example, when a sub-agent pulls recent financials on a public subject. But the downstream iQ Intel dataset is the aggregated, de-identified outcome of those research workflows, not a re-publication of the filings. The product surface is the CRE-underwriting decision, not the 10-K itself.
How does coverage compare to lease-comps databases?
Lease-comps products (CompStak-style sources) report executed rent, term, and concession data on specific signed leases. iQ Intel covers tenant-level credit signal regardless of whether a lease has been signed — the input is the underwriting workflow, which happens before execution. The two are complementary: comps tell you the deal terms, iQ Intel tells you who the tenant is.
Why does iQ Intel capture private tenants that public filings miss?
Because the underlying input is a CRE professional’s underwriting workflow, not a regulator-mandated disclosure, the subject universe is any commercial tenant someone on the TenantIQ network has researched. That naturally includes private operators, franchise groups, and smaller multi-unit tenants that never touch an SEC filing but are central to net-lease, retail, and multi-tenant industrial decisions.
What does "forward-looking signal" actually mean here?
Public filings describe the quarter that just closed. Market Demand captures the underwriting-intent signal in the current period — where brokers and lenders are researching tenants right now, before a lease is signed or a filing is published. That puts iQ Intel ahead of the event in the decision chain, not behind it, which is why asset managers and research teams use it as a leading indicator.
Layer iQ Intel into your existing stack
Keep your filings and comps workflows. Add iQ Intel for the forward-looking industry and geographic signal your current sources don't capture.