Having entered into the distressed asset space
approximately one year before the majority of our competitors, we
have been able to secure the valuable and necessary relationships
to procure portfolios of US domiciled residential non-performing
mortgages, single family and multi-family REOs benefiting from deep
discounts.
Although we do not actively pursue inventory on behalf of
others, for the right type of clients, we can, on a case-by-case
basis, leverage our social capital to obtain inventory for
others.
Due to the valuable nature of the relationships, we have a very
strict policy on the process of partnering with our institutional
clients. The reason for this is because we hold our banking
relationships in the highest esteem and are not willing to
jeopardize these relationships for a short-term gain.
We require that the following process be completed in its
entirety prior to making any introductions:
- Mutual NDA
- KYC Documentation
- Client Intake Form
- Proof of funds
- Copy of identification of individual or all Managing Directors
of entity
- Utility bills (two months) of individual or all Managing
Directors of entity
- Operating Agreement and Articles of Incorporation (applicable
only for entities) demonstrating that the Managing Director has
complete voting rights
To learn more about BridgePoint's Portfolio/Asset
Procurement Services, click here