At PPR Capital Management, the Reliant Income Fund is built on a foundational principle: diversified exposure leads to stronger, more resilient returns. That’s why the Fund blends three complementary asset classes: Non-Performing Loans (NPLs), Multifamily, and Build-to-Rent (BTR) properties.
1. Non-Performing Loans (NPLs): The Legacy Advantage
Since 2007, investing in NPLs has been at the heart of PPR’s strategy. Here’s how we acquire, add value, and then liquidate these assets, in brief:
When a borrower takes out a mortgage to purchase a home, he or she makes a promise to the lender to repay the loan according to certain terms. However, due to life events such as divorce, job loss, or death of the borrower, sometimes these loans go into default, and the bank or mortgage originators will seek to remove these defaulted assets from their balance sheets. That’s when PPR gets involved.
Our NPL asset managers buy these non-performing loans at a discount. We then work with borrowers to get them back on track with making payments before eventually selling the now re-performing and more valuable loans. This process supports homeownership by helping those who want to stay in their homes do so. For those who don’t want to or can’t afford to resume making payments on these mortgages, we typically exit via sale of the property.
2. Multifamily: Reliable Income with Scale
Multifamily investments provide the Fund with steady cash flow and long-term growth. These properties—often 100+ unit complexes—are chosen in high-demand markets where value-add strategies like renovations and management improvements can significantly boost net operating income. Multifamily’s predictable rental income and appreciation potential make it a strong complement to NPLs.
3. Build-to-Rent (BTR): Future-Focused Growth
As housing affordability challenges grow, demand for single-family rentals has surged. BTR communities meet this demand. These assets offer low turnover, attractive amenities, and operational efficiencies similar to multifamily. The Fund’s BTR investments position it to benefit from changing demographics and long-term renter preferences.
Why This Mix Matters
Each asset class brings something unique: NPLs offer deep discounts and upside through resolution or sale, multifamily delivers consistent cash flow and appreciation, and BTR captures demographic-driven trends driving renting patterns. Together, they provide the Fund with diversification across risk profiles, market cycles, and return timelines.
For investors, this means having the opportunity to receive monthly income, reduced downside risk, and participation in a portfolio designed to perform through various economic cycles.
If you’re seeking a fund created to thrive in all market conditions, we’d love to show you why the Reliant Income Fund continues to deliver.
