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What They Say...... "Doug possesses and displays, without exception, the highest level of professional judgment, ability and integrity, a level rivaled by few and surpassed by none."
..."he was relentless in his organized pursuit of alternative workout/ foreclosure possibilities, and in the end, he was able to achieve fantastic returns for GE Capital"
...“I would strongly recommend Doug Goldrick for any company looking to maximize collection recoveries."
...“Respected reasonable business man and tough minded adversary when necessary – he gets results.”
...“His track record of recoveries is nothing short of astonishing.”
...“Doug is the best loan workout guy I have ever worked with”
...“He is a skilled negotiator and gives the term "PUSH BACK" a new meaning.”
"He is knowledgeable, practical and efficient. He is a great work-out person."
..."His strategic planning and tactical thinking are among the best I have seen." |
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DEAL HIGHLIGHTS
Dec. 20, 2013 - I am pleased to announce the purchase of a $2.7 million pool of performing real estate loans from a regional U.S. Bank.
October 1, 2012 - I am pleased to announce the purchase of a $3.1 million pool of 14 non-performing real estate loans from a regional U.S. bank
July 1, 2012 - I am pleased to announce the purchase of a $4 million pool of 20 non-performing real estate loans from a regional U.S. bank.
September 1, 2010 - I am pleased to announce the purchase of a $24 million pool of 465 loans from a major U.S. bank.
October 1, 2009 - I am pleased to announce the purchase of $6.3 million pool of more than 100 non-performing loans from a major U.S. bank.
2006 – 2009 Directed and managed the liquidation of a $200 million dollar judgment /charge-off portfolio generating $57 million in revenue and nearly $15 million in profits for the company.
2002 – 2006 Instrumental in re-purchase claims against Wall Street firms generating $25 million in recoveries. Identified breaches in loan documents leading to conversion of non recourse loans to recourse mitigating $10 million of loss exposure. Recovered $800 thousand of funds taken prior to appointment of receiver. Executed pre-judgment remedy that captured $1.25 million of cash and marketable securities.
1993 – 2002 Managed a portfolio of $500 million of real estate loans that were in foreclosure and bankruptcy and resolved/settled them generating $100 million in gains for the company. Negotiated a $60 million dollar payoff generating a $14 million dollar profit for the company. Strategically avoided “cram down” on $50 million dollar Chapter 11 matter leading to ownership of eleven grocery store anchored shopping centers. |
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Financial Asset Recovery Specialists |