What We Do.
LRPM is primarily a boutique Mortgage Manager, packaging and managing loans secured by real estate and funded by genuine individual private investors. Loans are for a maximum term of 12 months. We are also Financial Engineers. Capabilities and services include assistance with
- First and second mortgages (usually no formal “external” valuation is required)
- Opportunities – move quickly and profit
- "Transition" to institutional criteria
- Credit impairment, cash out, tax problems, working capital
- Residual development stock
- Flexibility, a clean canvas, and a personal relationship
DEVELOPMENTS, STRUCTURED FINANCE & FINANCIAL ENGINEERING
“Phased Development Funding” (including pre-sales)
Private lender entry
Institutional lender exit
Acquisition based on our (internal) valuation not purchase price
Preferred/Mezzanine equity
"Our purpose is to supplement, not compete with, the full spectrum of institutional mortgage financiers providing flexible, innovative outcomes" - Steven Acworth