Non Performing Loans – Brickell Capital

NON-PERFORMING LOANS

AN “ALTERNATIVE INVESTMENT” TO STOCKS, BONDS AND CURRENCY MARKETS

VOTED “TOP 20”
MORTGAGE LENDER IN SOUTH FLORIDA

VOTED “TOP 20”
MORTGAGE LENDER
IN SOUTH FLORIDA

brickell capital was voted top mortgage lender by South Florida Business Journal (South Florida’s leading news outlet for residential and commercial real estate, banking, finance and business news).

Our investment objective is to seek strong risk-adjusted returns with a minimum annualized rate of return of twenty-five percent (25%) or more over the investment term (usually 6m to 24m) on the capital invested.

WHAT IS A NON-PERFORMNG LOAN ?

A non-performing loan (NPL) is a mortgage loan in which the borrower has defaulted on a schedule payment or breached the terms of the loan documents. Generally, a bank shall classify a mortgage loan that is more than 90 days past due as an NPL.

WHY BANKS SELL LOANS ?

When a borrower stops making payments, the bank can initiate a foreclosure or it can sell the Loan to a private investor. When a bank has too many NPL’s on their balance sheet, it poses a cash flow and regulatory problem (i.e. mandatory reserves, banking oversight, etc.)

HOW WE EXPLOIT BANK INEFFICIENCIES ?

Banks are not set-up to efficiently service NPL’s, manage the foreclosure process, conduct property management or sell real estate owned (REO) properties. It is our goal to exploit these market inefficiencies for the benefit of our clients and investors.

OUR COMPETITIVE ADVANTAGE
NON-PERFORMING MORTGAGE LOANS

local and national bank relationships
loan workout knowledge
foreclosure litigation experience
Loan origination and underwriting Experience
loan servicing administration
extensive risk analysis

OUR PURCHASING GUIDELINES

Our criteria for purchasing Non-Performing Loans:

$500,000 + < 50% LTV

First-Lien Mortgage
Non-Homestead Property

25% Default Interest
Payment Default

Insurable (Hazard/Title)
Targeted Geographical Area

TARGETED PROPERTY TYPES

We only purchase Non-Performing Loans where the underlying collateral is one of the following property types:

Single Family Residences
Residential Condominiums

Luxury Townhomes
Residential New Construction

Multi-Family Apt Bldgs
Residential Vacant Land

VOTED “TOP 20”
MORTGAGE LENDER IN SOUTH FLORIDA.

VOTED “TOP 20”
MORTGAGE LENDER
IN SOUTH FLORIDA.

brickell capital puts our client’s interests first,

because without our clients…
brickell capital would not be in business.

brickell capital
puts our client’s interests first,

because without our clients… brickell capital would not be in business.

15% PREFERRED RETURNS

On non-performing loans, our private investors net

15% preferred returns (on invested capital)
3m to 12m investment term (avg)
$500,000+ minimum investment

On non-performing loans, our private investors net

15% preferred returns (on invested capital)
3m to 12m investment term (avg)
$500,000+ minimum investment

OUR INVESTMENT APPROACH

No excuses … we deliver results

The reason for our success:

extensive due diligence
superior underwriting
foreclosure litigation experience
structured exit strategies

No excuses … we deliver results

The reason for our success:

extensive due diligence
superior underwriting
foreclosure litigation experience
structured exit strategies

NON-PERFORMING LOANS
FOR INVESTORS SEEKING HIGHER RETURNS

brickell capital’s competitive advantage in achieving favorable outcomes is based on:

long-term relationship with banks
local property market knowledge
strict underwriting experience
borrower and collateral valuation analysis
adherence to value parameters
NPL risk score analysis
detailed investor reports + statements
extensive foreclosure + litigation experience
structured loan workout administration
REO management