Land:

Minimum deal size $5,000,000

• Large partially developed master planned communities in foreclosure or bankruptcy entitled with Special Districts - MUDS, FWSD,SIDs, Mello-Roos, etc.

Timber Land:
Minimum deal size 5,000 acres
• Managed with operating history and Timber Cruise
• Soil Index Minimum of 70%

Distressed Debt:

Minimum deal size $5,000,000

• Performing and non-performing first liens
• Bankruptcy Debt
• Tax Exempt Development District Bonds

Income Producing Properties:

Minimum deal size $5,000,000

• Shopping Centers – 6 CAP with min 20% vacancy upside