Industry Observer |
RAINER 10,371 |
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Gabe Kass, CFA | ||
Performing and Non-Performing Note Investor | ||
location_on Huntington Beach, CA — Surf City Investors, LLC | ||
web Gabe Kass's (surfcityinvestors) Blog |
Surf City Investors, LLC is a California based investment management firm specializing in purchasing and managing notes backed by residential real estate assets. We are currently focused on purchasing non-performing, first mortgages where a homeowner has been unable to continue making their monthly payment. Our goal is to work directly with these buyers to modify their loan terms so they will be able to restart regular payments. Alternatively, we will work with borrowers to arrange a short sale or deed-in-lieu if they wish to be released from their obligations. We believe we can earn above average returns by performing comprehensive due diligence on non-performing notes and by purchasing them at significant discounts. We focus on borrowers’ needs extensively during the work out period, which we believe will lead to highly profitable outcomes for our company and investment partners.