The agency specializes in debt recovery for businesses in the multi-family residential market. The agency specializes in the purchase, collection, and recovery of past due rent portfolios and delinquent debts.
Key Aspects
More than 50 years of combined debt recovery experience between management and staff, with ability to deftly navigate client sales responsibilities, client service, related property manager activity, and legal compliance
Works directly with end clients and marketplace facilitators for multiple revenue streams in real estate debt collection
Direct service to one of the largest property management firms in the United States
30-40% of claimed debt amounts are retained after successful collection, according to ownership
More than five times revenue growth from 2018 to 2023
Current Markets
The agency serves multi-family residential property management companies seeking past due debt collections throughout the United States.
Real Estate
The agency operates from a 7,342 square-foot main facility and an additional 3,378 square-foot facility. Both are leased from unrelated third parties; the leases are assumable by new ownership.
Shareholder Objectives
Ownership is seeking an eventual full exit after a negotiable transition period post-sale. The shareholders agree on the proposed sale and are open to various deal structures to facilitate a transaction; the majority owner is working to reduce his role at the agency and enable increasing autonomy of staff members.
