Performance Track Record
Discounted Senior Mortgage Track Record
NYC-based properties | Negotiated payoff and settlement performance
2022 – 2026 · 6 First-Mortgage PositionsTotal P&I Payoff
$10,275,000
Gross payoff exposure
Settlement Basis
$5,700,000
Negotiated payoff amount
Total Savings
$4,550,000
Dollar reduction achieved
Weighted Discount
45%
Savings / P&I payoff
Performance Results
- Savings Percentage: 45% Weighted Discount Savings
- Savings Total: $4,550,000
- Average Savings: $760,833 per position
- Median Discount: 42.5% across the portfolio
- Largest Realized Savings: Brooklyn, NY (1st) — $1.205M & Brooklyn, NY (1st) — $1.200M
Across six NYC first-mortgage positions, the portfolio reflects $10.275M of stated P&I payoff
exposure resolved against $5.710M of settlement consideration, producing $4.565M of savings and
a 44.4% weighted payoff discount.
Payoff Composition by Property: Settlement vs. Savings
$ in millions (max axis: $3.2M)
Settlement
Savings
Transaction Detail
| Property | Lien | Year | Servicer | Payoff P&I | Settlement | Savings | Discount |
|---|---|---|---|---|---|---|---|
| Brooklyn, NY | 1st | 2025 | Champion | $1,300,000 | $685,000 | $615,000 | 47% |
| Brooklyn, NY | 1st | 2022 | FCI | $1,250,000 | $425,000 | $825,000 | 66% |
| Brooklyn, NY | 1st | 2022 | FCI | $900,000 | $655,000 | $245,000 | 27% |
| Brooklyn, NY | 1st | 2025 | FCI / Shell | $3,200,000 | $1,995,000 | $1,205,000 | 38% |
| Brooklyn, NY | 1st | 2025 | Private | $3,150,000 | $1,950,000 | $1,200,000 | 38% |
| Brooklyn, NY | 1st | 2026 | Private | $475,000 | $0 | $475,000 | 100% |
| TOTAL / WEIGHTED | $10,275,000 | $5,710,000 | $4,565,000 | 44.4% | |||
Performance by Vintage Year
| Year | Positions | P&I Payoff | Settlement | Savings | Weighted Discount |
|---|---|---|---|---|---|
| 2022 | 2 | $2,150,000 | $1,080,000 | $1,070,000 | 49.8% |
| 2025 | 3 | $7,650,000 | $4,630,000 | $3,020,000 | 39.5% |
| 2026 | 1 | $475,000 | $0 | $475,000 | 100.0% |
