Asher Financial Group is a secondary marketing firm specializing in the sale and acquisition of individual commercial real estate mortgage loans and bulk portfolios. Asher Financial Group provides loan sale and acquisition services for performing, sub-performing and non-performing commercial loans.
As the demand for mortgage assets intensifies, Asher Financial Group have focused their attention on establishing new relationships with Banks, Savings & Loans, Insurance Companies, Mortgage Banking Firms and Private Investors. Asher Financial Group acknowledges that loan sales and acquisitions are a primary source of income growth management.
Asher Financial Group actively pursues the following types of individual commercial real estate mortgage loans and bulk portfolios:
Asher Financial Group have facilitated loan sales of commercial real estate mortgage loans and portfolios of up to $350 million.
Objective:
Our objective is to develop relationships that provide clients with the highest possible value for their loans, regardless of size.
Transaction Process:
Asher Financial Group transactions are performed on a "negotiated basis" as opposed to a "sealed bid" process. A Letter of Intent (LOI) is normally issued within 48 hours of receipt of the loan information. This allows sellers the advantage of only entertaining only those offers that meet their pricing requirements and obtaining highest value for their loans. Purchasers prefer this method because it conserves underwriting and due diligence resources.
Due Diligence & Closing:
Following acceptance of the LOI, due diligence and closing are usually completed in 4 to 21 business days.
Loan Parameters:
