| THE PRESERVE AT WEST BRANCH - GALVESTON ISLAND, TEXAS | Successful multi-use plan preserved 50% of most environmentally sensitive land in development |
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Discounted Notes
Our focus is primarily on discounted notes that are backed by solid real multi-family assets that can create opportunistic returns.
"WE SEE OPPORTUNITY WHERE EVERYONE ELSE MISSES IT. CREATING VALUE IS HARD WORK THAT WE NEVER SHY AWAY FROM."
Trevor Ryan - Director, Asset Management
Marquette's relationships lead to investing advantages.
While the opportunities are thinning, Marquette has purchased several distressed notes at significant discounts in the last 18 to 24 months that has translated into significant value enhancement. Marquette has the ability to accurately underwrite the underlying value of the properties securing the notes, manage those properties through a foreclosure or deed in lieu process, and then maximize the value of the underlying assets.
We capitalize on our numerous and healthy relationships with banks, consultants and builders to give us access to the notes on a direct basis. In many cases, Marquette will work with the lender and the original borrower to negotiate a transaction, giving the lender a partial recovery of its note proceeds and allowing the borrower to be relieved of their guarantees.
Our focus is primarily on multi-family zoned land, mixed-use land, and on broken condominium or distressed apartment projects in only the strongest markets. This requires a focused asset management and asset preservation backed by in-house expertise, which Marquette provides.
