Real Estate Note Investing
$0M
Assets Under Management
$0M
Equity Under Management
0-Year+
Track Record
$0M
Preferred Returns Earned in 2022
*Figures above updated on a quarterly basis
Real Estate Note Investing
PPR was initially founded as an asset manager in 2007, specializing in non-performing notes (i.e. real-estate-backed loans). Today, we buy, sell, and hold notes in our portfolio both as a direct asset manager and through Joint Venture partnerships.
The majority of NPL (non-performing loan) purchasing is done through a trade desk via government auctions (like FNMA, FMAC, and HUD) as well as through fund-to-fund transactions.
Acquisition Criteria:
- 1st Position
- Nonperforming
- Non-rural
- Nationwide (price adjusted for foreclosure timeline)
- FMV (fair market value) greater than $100k
- UPB (unpaid principal balance) over $70k