Acquisition of Distressed Debt
Axiom and our private investment fund partners are seeking opportunities to acquire debt securities from small to medium sized banks throughout New England. We have decades of experience in “loan workout” scenarios, and have the time, capability, and expertise to handle a wide range of potentially adverse situations. We are able to make decisions on loan acquisitions very quickly and can close immediately upon the conclusion of a short due diligence period. We are seeking loans or portfolios ranging in size from $100,000 to $10 million.
More often than not, these distressed debt acquisitions are related to real estate investments that the lender is unwilling to foreclose upon.