Chicago, IL (PRWEB) January 08, 2014
American Homeowner Preservation (“AHP”) announced a webinar for Thursday, January 9, 2014 for their 2013D investment, which features nonperforming Lehman Brothers‘ mortgages, fallout from the largest bankruptcy in U.S. history, New York Southern Bankruptcy Court 1:08-bk-13555. AHP Founder and CEO Jorge Newbery will lead the webinar, which will detail the AHP’s recently-implemented crowdfunding investment process. The 2013D opportunity empowers accredited investors to acquire the interests in the $3,960,000 offering and earn returns of 9 – 12% on terms of 1 – 5 years.
Once acquired, AHP offers borrowers sustainable solutions to stay in their homes, strengthening families and communities. As these loans are being acquired at a 57% discount to existing debt, AHP has substantial flexibility to craft terms which are affordable for families, yet generate attractive returns for investors.
The 51 assets featured in the 2013D offering are secured by properties with a total estimated value of $7,394,200, resulting in a 54% investment-to-value ratio and a $144,984 average property value. The properties are located nationwide, with the highest concentration in Brooklyn, New York. Loans will be titled in American Homeowner Preservation Trust, with U.S. Bank as trustee, G&S Fund Services as fund administrator and Orion Financial Group as document custodian. AHP investors own interests in the LLC which is the beneficial owner of the Trust. Revenue is distributed monthly to investors, which earn returns of 9% for a 1-year term, 10.2% for 2-years and 12% for 5-years.
American Homeowner Preservation started in 2008 as a 501c3 nonprofit before transitioning to for profit, evolving into a socially responsible hedge fund which delivered returns to investors of greater than 14% in 2012 and 2013. AHP recently added the crowdfunding component with predetermined yields to investors, as well as a $10,000 minimum investment.