Thos. P. Kaplan & Co. and its affiliates purchase defaulted commercial mortgages, real estate owned by lenders, and other distressed or underperforming commercial real estate. We also provide advisory services to large financial institutions regarding commercial real estate, commercial mortgages, valuations and workouts.
We seek undervalued, out-of-favor, mis-managed, and other opportunistic investments. Our subsidiaries generally invest in partnership with major real estate equity funds, under a format in which we act as the operating partner and the fund acts as a passive investor. Since establishing the firm in 2005, we have acquired over $500 million of commercial mortgages and real estate through our nine subsidiaries.
In addition to principal acquisitions, we also perform advisory work in the areas of our expertise, including loan workouts, portfolio monitoring and oversight, portfolio sales and loan sales, and valuation opinions for particularly challenging assets.
Our advisory clients range from community banks to some of the largest financial institutions in the world.