Back Bay Investment Group primarily looks at loans with the following
The asset is a commercial property or single-family loan secured by real estate and is a non-accrual or non-performing.
The real estate assets is environmentally distressed, politically sensitive,
physically damaged, economically depressed, or financially failing.
The asset is located in the US or its territories; preferably in a trustee state.
Every month we purchase uniquely challenged assets. Our platform effectively connects distressed real estate assets with an industry leading asset management platform and sophisticated capital contributing partners.
COMMON NOTE BUYING SITUATIONS
Non-Accrual / Non-Performing
Sub-Performing / Re-Performing
Maturity Default / Matured Loans
Non-Payment / Partial Payments
Environmental Contamination / Environmental Default
Delinquent Property Taxes / Property Tax Liens or judgements
Judgements / Judicial or Non-Judicial Foreclosure
Lawsuits and Title Defects
Chapter 11 and Chapter 7 Bankruptcy
Detrimental Encumbrances and Encroachments to the Collateral
1st Position / 2nd Position / Junior Liens
Devaluation or Destruction of Collateral
Under Water and Over Leveraged Collateral
Seller Carry Back / Owner Financing