The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
July 12, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

ETC... ETC...
Printer-friendly Version   Email an Associate
Dornin Investment Group Picks Up $60 Mil Non-Performing Loan


Dornin Investment Group (“DIG”) acquired a $60 mil, non-performing loan (“NPL”) off-market at Par UPB. The loan is secured by a roughly 250k sf industrial park in greater San Diego and was acquired through $41.9 mil in note-on-note financing from Calmwater Capital.

DIG has closed nearly $500 mil in loan purchases across the United States since 2020. Note purchase activity continues to strengthen considering the economic cycle and will remain a core focus for DIG in the foreseeable future.

“This latest acquisition continues our niche strategy of acquiring well-collateralized non-performing debt on quality real estate. We have had tremendous success with this investment strategy and have significant capital to deploy in this sector. We expect to close another $100 mil in the next 45 days, and our pipeline exceeds $400 mil,” said Chris Dornin, CEO of Dornin Investment Group.

DIG continues to target first trust deed position NPLs on well-collateralized real estate assets nationwide. Notes secured by collateral at values of 80% LTV or less can be purchased at or near PAR UPB. Typical loan sizes range from $5 mil to $200 mil, secured by all major property types.

Return to the previous page


Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media