2019
Acquired a $7.7 million portfolio of mixed performing loans from a national bank in the Unites States.
Acquired a $7.7 million portfolio of mixed performing loans from a national bank in the Unites States.
Acquired two non-performing loan portfolios totaling $135 million from the same PPIP participant.
Acquired a $325 million non-performing loan portfolio from PPIP participant.
Invested $9.5 million to fund the development of Thunder Spring Residences, nine luxury townhomes in Sun Valley, ID.
Committed $25 million for the acquisition, remediation and redevelopment of the Gerdau Ameristeel brownfield site in Perth Amboy, NJ.
Acquired a $72 million non-performing and sub-performing loan portfolio from PPIP participant.
Provided a $15.0 million debtor-in-possession loan to the Atlantic Club Casino Hotel, a bankrupt casino located in Atlantic City, NJ.
Acquired $6.5 million of defaulted mortgage loans and REO from RE Loans, a San Francisco-based real estate investment company, enabling the firm to emerge from bankruptcy.
Provided a $28.5 million exit facility to Specialty Trust to enable the REIT to emerge from bankruptcy.
Provided a $3.5 million debtor-in-possession loan to Specialty Trust, a bankrupt Mortgage REIT.