Distressed Debt Acquisitions
On behalf of its investors, NCP acquires and services sub-and-non-performing commercial debt and other financial instruments secured by real estate. To date, NCP has acquired over $1.5 billion face-value of loans and closed transactions with over 20 different counterparties. Typical transactions range in size from $5 million to $75 million of capital deployment per deal, with the ability to invest larger amounts in specific situations.
All loan servicing and special servicing is done internally by NCP asset managers with a focus on capital preservation and a hands-on approach to resolving each individual loan.
Representative Transactions
Private Equity Residual
NCP engaged directly with a large private equity firm seeking to divest itself of its NPL holdings as its fund life neared maturity.
National Bank
A national bank turned to NCP to assist with the divestiture of multiple SPL and NPL portfolio pools.
CMBS Tranche
NCP engaged directly with an out-of-the-money CMBS tranche holder seeking liquidity for its position in the single-asset CMBS loan stack.