Due Diligence and Underwriting Support
Overview
At the very heart of Ontra's approach are its time honored electronic modeling and tracking systems geared for value analysis and data accumulation and assimilation to provide an enhanced disposition support process for credit and real estate instruments.
Drawing on our extensive portfolio due diligence analysis experience on over $15 billion in non-performing, sub-performing and performing credit and real estate assets and our acquisition and subsequent marketing and disposition of over $7 billion in non-performing and re-performing, stabilized assets, our system allows us to help you make disposition decisions quickly and with maximum assurance.
Finally, we build in customized accounting and management tracking systems incorporating client established parameters, to allow us to report on each asset's status as well as that of the entire assigned portfolio on a real time basis according to each clients needs.
Overview
At the very heart of Ontra's approach are its time honored electronic modeling and tracking systems geared for value analysis and data accumulation and assimilation to provide an enhanced disposition support process for credit and real estate instruments.
Drawing on our extensive portfolio due diligence analysis experience on over $15 billion in non-performing, sub-performing and performing credit and real estate assets and our acquisition and subsequent marketing and disposition of over $7 billion in non-performing and re-performing, stabilized assets, our system allows us to help you make disposition decisions quickly and with maximum assurance.
Finally, we build in customized accounting and management tracking systems incorporating client established parameters, to allow us to report on each asset's status as well as that of the entire assigned portfolio on a real time basis according to each clients needs.
Significant Related Engagements
HUD- Office of Affordable Housing Preservation (OAHP)
Ontra has been engaged over the last 10 years as an underwriter for OAHP's Mark to Market program. The process involves, market rental analyses, stakeholder evaluations, physical plant assessments, subsidy layering analyses and mortgage restructuring using a complex modeling system that layers the resulting refinance into a sustainable third party first mortgage, a second cash flow mortgage and where necessary a third contingent repayment note with the later two being held by HUD. In addition a rehabilitation escrow involving a "green" intitiative is established and managed by Ontra staff.
FDIC Receivership Assistance Services
Ontra staff has been engaged by the FDIC to provide the due diligence and analysis of the assets held by 10 different receiverships totaling $2.5 billion in assets. Within a 8-12 week period the staff had to complete reviews and analyses of all assets held by the institution, establish a liquidation value and business plans for disposition for all asset types being held.
AIG/Citicorp Securities/Credit Suisse/Goldman Sachs
Over the same 24 month period, Ontra was engaged by these four Wall Street entities to provide due diligence services and participate in the final acquisition of over $4 billion in both commercial (AIG and Credit Suisse) and residential 1-4 (Citicorp and Goldman Sachs) sub-performing assets. During this period portfolios were identified, reviewed, priced and bids offered on over $10 billion in assets.
Allow us to deliver to you a well oiled analytical support machine that can give you a substantial competitive advantage. A well oiled machine called Ontra.
HUD- Office of Affordable Housing Preservation (OAHP)
Ontra has been engaged over the last 10 years as an underwriter for OAHP's Mark to Market program. The process involves, market rental analyses, stakeholder evaluations, physical plant assessments, subsidy layering analyses and mortgage restructuring using a complex modeling system that layers the resulting refinance into a sustainable third party first mortgage, a second cash flow mortgage and where necessary a third contingent repayment note with the later two being held by HUD. In addition a rehabilitation escrow involving a "green" intitiative is established and managed by Ontra staff.
FDIC Receivership Assistance Services
Ontra staff has been engaged by the FDIC to provide the due diligence and analysis of the assets held by 10 different receiverships totaling $2.5 billion in assets. Within a 8-12 week period the staff had to complete reviews and analyses of all assets held by the institution, establish a liquidation value and business plans for disposition for all asset types being held.
AIG/Citicorp Securities/Credit Suisse/Goldman Sachs
Over the same 24 month period, Ontra was engaged by these four Wall Street entities to provide due diligence services and participate in the final acquisition of over $4 billion in both commercial (AIG and Credit Suisse) and residential 1-4 (Citicorp and Goldman Sachs) sub-performing assets. During this period portfolios were identified, reviewed, priced and bids offered on over $10 billion in assets.
Allow us to deliver to you a well oiled analytical support machine that can give you a substantial competitive advantage. A well oiled machine called Ontra.