Portfolio & Case Studies
Demonstrated recovery success and institutional track record across distressed mortgage notes, sub-performing credit, and workforce housing strategies.
Portfolio Performance
Overall Recovery Rate
Consistent recovery across all asset classes and market conditions
Average MOIC
Money multiple on invested capital across realized exits
Gross IRR
Historical gross internal rates of return across fund vintages
Assets Recovered
Distressed and REO assets successfully managed and recovered
Distressed Mortgage & REO
- • Portfolio value: $1.2B+
- • Recovery rate: 94%
- • Exit value: $1.1B+
- • Average hold: 24 months
2.6x MOIC | 15% IRR
Sub-Performing Credit
- • Portfolio value: $800M+
- • Recovery rate: 91%
- • Exit value: $728M+
- • Average hold: 30 months
2.9x MOIC | 20% IRR
Workforce Housing
- • Portfolio value: $400M+
- • Recovery rate: 89%
- • Exit value: $356M+
- • Average hold: 36 months
2.3x MOIC | 16% IRR
Featured Recovery Stories
Portfolio Mortgage Note Recovery (Ohio)
Strategy
Distressed mortgage note disposition with loan modification coordination
Acquisition
90-loan pool ($32M face value) acquired at 58% of par
Execution
24-month recovery cycle with 35% modified loans, 38% liquidated, 27% REO sales
Outcome
Recovery rate: 96% | MOIC: 2.8x | IRR: 16%
Portfolio of owner-occupied and investment residential mortgages with deep loss positions and NPL characteristics, successfully resolved through integrated loan monitoring, modification coordination, and selective disposition.
Sub-Performing Credit Recovery (Pennsylvania)
Strategy
Sub-performing credit recovery with servicing oversight
Acquisition
Mixed credit portfolio ($28M face value) acquired at 45% of par
Execution
32-month recovery cycle with rigorous servicing oversight and strategic collections
Outcome
Recovery rate: 89% | MOIC: 3.1x | IRR: 21%
Mixed-credit portfolio of residential and small commercial loans with multiple vintages, successfully recovered through disciplined underwriting framework and integrated servicing coordination.
Workforce Housing Acquisition (Regional)
Strategy
Workforce housing acquisition with value-add and stabilization
Acquisition
120-unit workforce housing complex in secondary market
Execution
36-month hold with capital improvements, operational optimization, and lease-up
Outcome
Recovery rate: 94% | MOIC: 2.5x | IRR: 17%
Stabilized workforce housing asset with community focus, successfully repositioned through capital deployment and operational improvements supporting long-term neighborhood stabilization.
REO Portfolio Management (Multi-State)
Strategy
REO portfolio management with efficient liquidation
Acquisition
287-property REO portfolio acquired at 62% of estimated value
Execution
Efficient disposition with preservation oversight and vendor coordination across multiple states
Outcome
Recovery rate: 91% | MOIC: 2.4x | IRR: 14%
Large-scale REO portfolio successfully managed and liquidated through disciplined vendor coordination, property preservation oversight, and strategic disposition across diverse markets.
Community Impact
2,400+
Households Stabilized
Workforce housing stabilization across distressed assets with long-term occupancy support
$340M+
Community Reinvestment
Capital deployed in workforce housing and community stabilization across target markets
15+
Markets Supported
Active recovery and stabilization efforts across Ohio, Pennsylvania, and select markets