Capstone Advisors is actively purchasing sub-performing and non-performing real estate secured loans, with special emphasis on non-performing residential construction and A&D loans.
We apply our in-depth knowledge of the residential development process to help banks and other lending institutions maximize their recovery on the sale of poorly performing loans. As an unregulated institution, Capstone Advisors is able to react quickly to financial institution’s current selling needs.
Please contact us to discuss sub-performing and non-performing assets that fall within the following parameters:
- Individual loans from $1 million to $25 million
- Loan portfolios from $10 million to $250 million
- All collateral types considered, with special emphasis on residential construction and A&D loans
- Assets in litigation, foreclosure or bankruptcy
- Assets located in the western US
Recent Transactions
Rancho Fortunado Estates December 2009
Capstone recently acquired an REO property from a regional lender who foreclosed on their $3.1 million loan. The property, called “Rancho Fortunado Estates” is comprised of 41 acres which have a tentative map approved for 101 single-family detached residential units. The project is located in the City of Wildomar, Riverside County, California.
Indigo Trails June 2009
Capstone completed a “short sale” transaction with a private homebuilder and their lending institution to close on 27 acres which had been partially improved for 104 single-family detached residential units. The property, called “Indigo Trails”, borders the city of Menifee and is located at the western end of the future Winchester Ranch Master Planned Community.
The Landing December 2008
Capstone recently acquired an REO property from a regional lender who foreclosed on their $11.5 million loan. The property, called “The Landing” is comprised of 34 acres which had a tentative map approved for 128 single-family detached residential units. The project is located in the Perris area in unincorporated Riverside County, California. Capstone closed on the project in 8 business days from being presented the opportunity in order to allow the bank to complete a year end disposition.
Terra Bella December 2008
Capstone recently acquired the non-performing A&D and Construction loans totaling $4.5 million. The loans are collateralized by the “Terra Bella” project which is comprised of three model homes and 61 substantially finished single-family detached lots located in the Mosaic community in the City of Menifee, Riverside County, California.
Potter Ranch November 2008
Capstone recently acquired the non-performing A&D and Construction loans totaling $12.7 million. The loans are collateralized by the “Potter Ranch” project which is comprised of four model homes, two standing inventory units, 88 finished and substantially finished single-family detached lots and 71 partially finished single-family detached lots. The project is located in the City of San Jacinto, Riverside County, California.