 |
Apr 22, 2008
|
Peak Capital Group has added capital markets specialist David Caplan to its staff.
Peak Capital Group (“PCG”), an investment fund joint venture, has added capital markets specialist David Caplan to its staff. For the past two years, Mr. Caplan was a founder and principal of Capital Six Funding, a national hard money wholesale lender based in Woodland Hills, California. Prior to founding Capital Six, Mr. Caplan held various executive positions in capital markets and secondary marketing at Lehman Brothers, Countrywide Home Loans, and GMAC-RFC.
Gil Priel, Managing Director of Peak Capital Group, stated that Mr. Caplan will focus on the acquisition of delinquent residential and commercial mortgages and REO’s in the western United States. PCG will bring patient capital to the whole loan trading market by holding and servicing the loan portfolio. Their strategy is to help borrowers avoid foreclosure by restructuring the loans through a combination of reduction in the interest rate, elimination of past due interest and late fees, or writing off a portion of the principal balance. Peak Capital Group can be found online at www.peakcapgroup.com and Mr. Caplan can be reached at david@peakcapgroup.com.
Peak Capital Group is an investment fund joint venture with over 60 years of combined practical real estate experience. With a nationwide presence, PCG is committed to providing fast and reliable financing solutions to commercial, residential, and specialty borrowers. PCG also purchases a wide variety of non-performing first and second priority mortgages secured by single family residential and/or commercial properties located throughout the United States. PCG is a partnership with a private investment firm with approximately $12 billion in capital.
|
