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PARAMETERS FOR ACQUISITION OF PERFORMING LOANS
Primary goal is to acquire these financial assets at a level that will provide a value, risk adjusted yield to our asset mix. The following represent our Investment Parameters that would give us interest to peruse, that said, please keep in mind, we would look at any related transaction or profile of investment which may be opportunistic for our group even though some or all of the deals details are not in line with these parameters.
| Single Asset Sale Total Dollar Limit: |
$100,000 Minimum, $10,000,000 Maximum |
| Portfolio Asset Acquisition: |
$500,000 Minimum, up to $25,000,000.
Case by Case above $25mm |
| Asset Classification: |
First Lien Multi-Family Real Estate Mortgages
First Lien Commercial Real Estate Mortgages |
| Primary Collateral Preference Type: |
Multi Family- 15 Plus Mobile Home Parks
Commercial- Multi Use Mixed Use |
| Secondary Collateral Preference Type: |
Hospitality Light Industrial
Self Storage Land |
| Primary Region: |
CA CO TX FL NY
Urban or Suburban in Nature
Clean Environmentally |
| Secondary Regions: |
Mid West Locations in Urban /Suburban areas
East Coast Locales in Urban/Suburban areas |
| Asset Status: |
Performing Loans on Distressed Properties: Investments in performing loans, perhaps reflecting stressed credit characteristics, with underlying collateral needing repositioning or recapitalization within healthy markets.
Performing Loans in Distressed Regions/Markets: Investment in performing loans, perhaps reflecting stressed credit characteristics, with underlying collateral reflecting a solid, well capitalized property within depressed/illiquid real estate markets.
Performing Loans on Distressed Properties in Distressed Regions/Markets: Investment in performing loans, perhaps reflecting stressed credit characteristics, with underlying collateral reflecting a solid, well capitalized property within depressed/illiquid real estate markets. |
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