After issuing its first securitization last month, New York-based Greenthal Realty Partners is ready to take on a relatively untapped market in the asset-backed world: nonperforming and subperforming loans.

For the past four years, the 42-employee strong Greenthal was busy acquiring subperforming, nonperforming and real-estate owned (REO) residential assets, primarily in the one to four family range. It issued $145 million in notes, rated single-A by all three rating agencies.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.