SILVERLEAF PROCESS

General Process:

• Maintain a constant flow of distressed and/or defaulted first position commercial whole loans from various financial institutions (FDIC, banks, special servicers, etc.)
  
  
• Access and analyze the asset and formulate the best possible plan for future monetization.
  
  
• Perform extensive underwriting due diligence for each prospective loan, including original loan file, current market data, on-site due diligence and borrower strength assessment relative to each prospective loan and the associated collateral.
  
  
•  Acquire loans through negotiation at discounted values within acceptable target range.
  
  
• Monetizing acquired assets through deal-specific exit strategies.

 

Loan Criteria:

In the current market, SilverLeaf is focused on acquiring loans that meet their stringent criteria including:

• Performance level of loan
  
  
• Size of unpaid principal balance (UPB)
  
  
• Geographic Location
  
  
• Asset Class (Multi-family, Retail, Office, Industrail/Warehouse, Self-Storage, Land, Hospitality)
  
  
• Borrower capacity to facilitate a prompt discounted payoff or workout agreement.
  
  
• Cash flow/ Occupancy
  
  
• Property age and condition
  
  
• Recourse/ Non-recourse

 

Exit Strategies:

• Re-trade the note
  
  
• Negotiate a forbearance agreement with the borrower to accommodate a borrower workout.
  
  
• Enter a cooperation agreement with the borrower to short sell the collateral.
  
  
• Execute a deed-in-lieu of foreclosure to take possession of the property.
  
  
• Foreclose to take possession of the property
  
  
• Sell as real estate owned (REO)
  
  
• Hold and manage the asset to maximize value at a future sale.