COUNTRYWIDE MULTI-FAMILY DIVISION
Countrywide Capital Group, LLC (CCG) seeks to acquire well-located multifamily assets in select markets, primarily in the southeast and adjacent regions, with particular emphasis on the Florida, California, Dallas/Fort Worth, Virginia, North Carolina, Atlanta, and other major markets in the Texas and DC/Baltimore markets. The desired investment includes Class A, B quality in B+ or better locations. We will consider garden, mid-rise and high-rise communities, as well as assets that can benefit from renovation and repositioning.
Regions:
FloridaTexas – Dallas/Fort Worth, San Antonio, Houston, AustinCaliforniaWashington, DC/BaltimoreVirginia – northern Virginia, Richmond, Tidewater, CharlottesvilleNorth Carolina – Charlotte, Raleigh, Greensboro, WilmingtonSouth CarolinaGeorgiaTennessee
Category: Class A or B communities. Rehab and repositioning properties considered.
Size: 150 units or larger.
Terms: Typically all cash, but will consider assumption of existing financing or seller financing.
Submittal Information:
Location map and area descriptionAerial photograph of site and vicinityComplete property descriptionColor photographsCurrent tax billThree years operating statements plus current YTDCurrent and past three months rent rolls (including concessions and delinquencies)Terms of financing (if assumable) including any prepayment provisionsDetailed market data (include sales and rent comps)Capital improvements listing for the last five years
Contact: 407-401-8790
COUNTRYWIDE FRACTURED CONDO DIVISION
Fractured Condo Division
The CCG Fractured Condominium Projects Division acquires broken condominium projects in which the developer was unable to finish selling out their condominium conversion or development units. CCG will typically operate these broken condominium projects as multifamily apartment communities for 5-10 years, or until the residential housing market recovers. If and when the condo market recovers, CCG will sell the remaining units as condominium homes at a premium or keep the project as a stabilized rental community long term.
Property Types
Single properties with a minimum of 100 units Garden, townhouse, mid-rise, and high rise apartment or condo communities Primary and secondary MSA’s throughout the United States Markets with stable or growing population, employment, and rents Class C+ to A+ assets
Investment Characteristics
Attractive pricing below replacement costs and large discount to peak values Preferred minimum size of $5 million High barriers to entry and supply constrained markets Value-add or deeply discounted properties Single assets or portfolios
Investment Situations
Lease up and/or repositioning strategies Debt purchases Direct from developer or lender/special servicer Buy-back partially sold condos to lease out and control the HOA Work-out and restructure Debt/Ownership/Tax with developer/lender
NON PERFORMING LOANS
Countrywide Capital Group acquires performing, sub-performing and non-performing whole loans secured by first lien residential real estate collateral located in primary and strong secondary markets in the United States.
Specializing in Distressed Residential Mortgage Portfolios• Valuations Issues• Maturity Risk• Bankruptcy Claims• Litigation and Other Collateral Impairment
A Leader in Debt PurchasingOur ability to move quickly and adapt to situations that may require complex restructuring, foreclosures or similar modifications has made us a leader in debt acquisitions.Debt Investment CriteriaCommercial mortgage investments by Countrywide Capital Group typically meet these criteria:• First lien loans portfolios from $1 million to $100 million• Collateral located anywhere in the U.S., with preference given to primary and strong secondary markets
Special ConsiderationsWe will give special consideration to distressed debt requiring significant workout or restructuring efforts:• Assets currently in litigation• Assets in foreclosure• Borrower bankruptcy
Commercial Debt
Overview
Countrywide Capital Group acquires performing, sub-performing and non-performing whole loans secured by first lien residential real estate collateral located in primary and strong secondary markets in the United States.
Specializing in Distressed Residential Mortgage Portfolios• Valuations Issues• Maturity Risk• Bankruptcy Claims• Litigation and Other Collateral Impairment
A Leader in Debt PurchasingOur ability to move quickly and adapt to situations that may require complex restructuring, foreclosures or similar modifications has made us a leader in debt acquisitions.Debt Investment CriteriaCommercial mortgage investments by Countrywide Capital Group typically meet these criteria:• First lien loans portfolios from $1 million to $100 million• Collateral located anywhere in the U.S., with preference given to primary and strong secondary markets
Special ConsiderationsWe will give special consideration to distressed debt requiring significant workout or restructuring efforts:• Assets currently in litigation• Assets in foreclosure• Borrower bankruptcy
RESIDENTIAL DEBT DIVISION
Countrywide Capital Group acquires performing, sub-performing and non-performing whole loans secured by first lien residential real estate collateral located in primary and strong secondary markets in the United States.
Specializing in Distressed Residential Mortgage Portfolios• Valuations Issues• Maturity Risk• Bankruptcy Claims• Litigation and Other Collateral Impairment
A Leader in Debt PurchasingOur ability to move quickly and adapt to situations that may require complex restructuring, foreclosures or similar modifications has made us a leader in debt acquisitions.Debt Investment CriteriaCommercial mortgage investments by Countrywide Capital Group typically meet these criteria:• First lien loans portfolios from $1 million to $100 million• Collateral located anywhere in the U.S., with preference given to primary and strong secondary markets
Special ConsiderationsWe will give special consideration to distressed debt requiring significant workout or restructuring efforts:• Assets currently in litigation• Assets in foreclosure• Borrower bankruptcy
COMMERCIAL DEBT DIVISION
Countrywide Capital Group acquires performing, sub-performing and non-performing whole loans secured by commercial real estate collateral located in primary and strong secondary markets in the United States.
Specializing in Distressed Commercial Mortgage Portfolios
Valuations IssuesMaturity RiskBankruptcy ClaimsLitigation and Other Collateral Impairment
A Leader in Debt Purchasing
Our ability to move quickly and adapt to situations that may require complex restructuring, foreclosures or similar modifications has made us a leader in debt acquisitions.
Debt Investment Criteria
Commercial mortgage investments by Countrywide Capital Group typically meet these criteria:
Senior whole loans from $5 million to $100 millionAssets secured by income-producing commercial real estateCollateral may include multi-family, office, retail, industrial, hospitality and mixed-use propertyCollateral located anywhere in the U.S., with preference given to primary and strong secondary markets
Special Considerations
We will give special consideration to distressed debt requiring significant workout or restructuring efforts:
Assets currently in litigationAssets in foreclosureBorrower bankruptcy
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