Discounted Notes

"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.

Marquette believes that the next 18 to 24 months offers an excellent opportunity for the purchase of non-performing loans. Many lenders are overwhelmed with the number of such properties in their portfolio. There is a void in the market for development companies and managers that can 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. In some cases, especially where it relates to land that will be sold to homebuilders, the original developer may contract to purchase lots in portions. This will allow them to meet the market demand when it begins to return in the next 24 to 36 months.

Our focus is primarily on apartments, mixed-use land, land development loans, and on broken condominium projects in only the strongest markets. Both of these property types require focused asset management and asset preservation backed by in-house expertise, which Marquette provides.