- Overview
- Bridge Financing
- Mezzanine Financing
- Note Purchases
- Recapitalization of Existing Ownership
- Corporate Finance
- Debt Investment Highlights
Affiliates
Note Purchases
Canyon specializes in the acquisition of both performing and non-performing mortgage loans. Many financial institutions, in an effort to avoid the time and expense typically associated with the foreclosure process and the issues associated with taking title to the underlying real estate, sell under-performing and non-performing assets, often at a discount. Furthermore, current capital dislocation has forced many financial institutions to dispose of their performing mortgages to generate liquidity.
Canyon is also an active purchaser of senior participation interests in performing and non-performing mortgage loans. This structure is attractive for note sellers that desire to generate liquidity but do not want to realize a large loss on a whole loan sale.
Note Purchases
- Loan Size: $15 to $200 million
- Structure: Acquisition of whole loan or senior participation interest
- Status: Performing, non-performing, or defaulted
- Seller: Banks, Funds, REITs, Servicers, Insurance Companies, etc
Uses: Liquidity Management, Asset/Liability Management, Rating Agency Requirements, REMIC Regulations
