Jacksonville, FL (Business Wire) 17 July 2008
Advantage Capital Equity Solutions, Inc. announced that it is investing a single source of residential and commercial loans to small-and platform portfolio and seeks up to $ 100,000,000 in the property market in 2008 . Their strategy is in contrast to that of most lenders in today’s unstable housing and real estate credit markets because it concern as a lifeline for distressed real estate investors and owners in need is 1) the time a property or 2) a recapitalization fund to liquidate. Your goal is to fund up to $ 100,000,000 for borrowers in distressed real estate market in 2008.
Because of the credit crisis, liquidity is almost zero. “We believe it is entirely possible to make statements in good health, provide in the form of loans or otherwise, for cash to good borrowers who are in difficult situations,” said Randy S. Miller, Chief Financial Officer. Minimum prudent underwriting and equity borrowers are the dominant factors leading to success AdCap in the current real estate market. Their philosophy and strict adherence to the borrower in a position to maintain the essential interests of ensuring significantly reduced the risk of capital loss AdCap.
Another strategy is ready AdCap REO / Loan acquisition strategy. This is done through the direct acquisition and processing of non-performing loans and / or REO assets at a significant discount to the value of the collateral.
AdCap their strategy was to create a platform for effective formation, development of methods for the selective underwriting policy, and create two asset-based lending (ABL) system instruments are able to keep a private equity and hedge funds the loans in the portfolio until to maturity. Together, these funds must be able to invest nearly $ 50,000,000 per month in real estate and housing market and improved liquidity for real estate investors today.
“As the housing crisis continues, it creates more opportunities to execute its strategy to AdCap unique real estate investment,” said CEO Lane T. Bacon. “So we are positioned for aggressive growth and recently purchased a loan robust service in the preparation of this growth.”
Advantage Equity Capital Solutions is an asset lender hard money and private investment fund managers.
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