Properties
Non-performing Loan Portfolio B
NY, NJ, NC
Non-performing Loan Portfolio B
Overview
Brickman purchased a non-performing loan portfolio from a large financial institution. Brickman knew the owner of the properties and believed that the risk profile was less than determined by the holder of the note.
Description
Located in New York, New Jersey, and North Carolina, the assets include a golf course, office buildings, and multifamily.
Results
Brickman purchased the note, helped workout refinancing for the owner, and provided operational expertise to improve the performance of the properties.