Helios Capital Advisors closes on two non-performing loans

According to Steven Schultz, CEO of Helios Capital Advisors, the firm has sold and closed on two non-performing loans secured by properties. The recent transactions include a $1.702 million loan secured by a four-story, 29-unit, 26,126 s/f multifamily property. "The loan traded at a discount and at a very completive price per door," stated Josh Malka, managing director at Helios Capital Advisors. "In this deal, an offer was presented by our clients within 48 hours, after which they had seven days of due diligence and closed the deal within another seven days. Thus, within twenty days, from start to finish, Helios had this deal closed." Helios has also closed on a $418,000 loan secured by a four-story, 12-unit, 4,050 s/f co-op in Brooklyn Heights. "As this was a low-leveraged loan, it traded above the par amount of $418,000," said Malka. "Our clients intend to pursue the foreclosure." Helios Capital Advisors, LLC, based in Woodbridge, N.J., and New York, N.Y., is the industry's pre-eminent boutique advisory firm specializing in providing a full range of advisory services on behalf of private, institutional and corporate lenders and investors in the secondary market for the purpose of efficiently trading commercial mortgage loans, REO assets and investment properties throughout New York, New Jersey, Pennsylvania and Connecticut. Comprised of some of the industry's most highly experienced professionals in the commercial mortgage loan, REO and capital markets space, the Helios Capital Advisory team is responsible for more than $10 billion of total trade volume. Helios Capital is focused on its niche within the small balance, commercial mortgage loan, REO and investment sales market, and trades both portfolios and individual assets. As a relationship-driven company, Helios Capital Advisors leverages its experience and expertise to achieve continued success for its clients. Helios Capital Advisors provides a full-service, end-to-end solution to its clients and its team has been highly successful in guiding sellers looking to dispose of assets, increase liquidity and book gains. By developing and maintaining profound relationships with investors and understanding their specific investment stipulations, such as geography preferences, product type, credit risk and yield requirements, Helios Capital Advisors can quickly identify the right opportunity for its clients and expeditiously match the right buyer with the right seller, allowing for an efficient process and successfully executed trades.