Defaulted Notes on New York City Commercial Properties
Sophisticated real estate investors can buy defaulted notes as a way of acquiring distressed commercial properties pre-foreclosure.
Accredited US investors and investors outside the US can invest in New York City commercial property through a well thought-out investment strategy: acquisition of discounted senior real estate notes now in default.
We work with a partner who specializes in acquiring such notes and will take on joint venture investors and pay a preferred rate of return with equity participation in the investment.
New York City, which happens to be located in the United States, is one of the world's premier international cities. As a result, supply-demand is subject to rather broader positive forces than many more "local" cities in many parts of the world.
Acquisition of defaulted notes is a way of taking a senior lender position on a property without waiting for the bankruptcy process. Generally, it will lead to one of two results. Either the notes will be brought current, which would generally lead to a substantial return, or the senior lender will wind up controlling the property, usually at a significant discount.
If this is an intriguing area for you, complete the form below.
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relating to offerings and is qualified in its entirety by the detailed
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Foreclosures in the United States
Latest Top (5) News
The Best of Bad Options – YouWalkAway.com’s Chad Ruyle on KGUN9 Arizona Those who are against the concept of strategic default sometimes fail to take into consideration that those defaulting have often exhausted all other options. Some spend years sending in financial documents in attempts to negotiate a loan modification or short sale. At the end of the day, they are left with two options: continue to [...]
Wed, 22 Feb 2012 01:11:16 +0000 Chad Ruyle YouWalkAway.com Co-Founder on Fox News LA LOS ANGELES – Foreclosure isn’t just for people who can’t afford to pay their mortgages. Many Californians are now strategically defaulting on their loans. These people can afford to pay their mortgages. But their homes are worth so much less than their original purchase price that it makes more financial sense to stop paying.  Chad [...]
Tue, 21 Feb 2012 21:11:27 +0000 How The Fed Prints Money & How It Affects Housing – Video The Fed can try to stimulate or restrict bank lending by either raising or lowering the amount of money banks are required to keep on reserve, respectively. This seems pretty straightforward. But “the Fed has the ability to go in and just change the number on [banks'] reserve accounts” — literally creating money electronically by [...]
Mon, 20 Feb 2012 19:41:15 +0000 Jumbo Loans Strategic Default up 579% Since 2008 Foreclosures on jumbo loans are up 579% since 2008, greater than any other form of loan, according to a report last month by Lender Processing Services, Inc. “Now that these homeowners with jumbo loans are finding out you can do this, more and more are doing strategic foreclosures,” said Jon Maddux the CEO of YouWalkAway.com, [...]
Thu, 16 Feb 2012 17:04:52 +0000 Foreclosures To Continue – Bernanke Video With interest rates still at historic lows, lending is still very tight and new borrowers are having a tough time getting credit.  Many appraisals come in lower than sale prices and more than one third of new purchase contracts fall out.  Bernanke said in a recent home builder conference that he expects a million new [...]