At Summit Capital, everything we do is guided by our core belief in operating with an ‘owner’s mentality’.  That entails doing the right thing from an investor’s perspective at each and every step along the way of an investment and not following the crowd along the path of the latest hot investment theme.  Although a spike in the market can produce enormous profits in real estate, we believe that investments should be made with the long term in mind.  If the opportunity to exit an investment arises in the short term we believe having the option and flexibility to make that decision is the basis for sound investing.  We have an extensive track record of owning, managing and resolving distressed and turnaround real estate assets.  Our approach is to dig down and understand the fundamentals underlying each investment.  We have the experience and knowledge needed to evaluate large pools of assets or to focus on a single property.  We focus on value-add opportunities across the full spectrum of real estate investments including loan portfolios, single assets and public real estate companies.  We invest primarily with institutional and private investors.  We augment our in house expertise by partnering with prominent capital sources, expert local advisors and diligent managers.

EXPERIENCE

Over the past 20 years, the key individuals at Summit have earned a reputation as excellent real estate workout and distressed investment professionals.  Our combined experience at the Robert Bass Group, American Savings Bank, Brazos Asset Management, Lone Star Opportunity Fund, Colony Capital, Oaktree Capital Management and Washington Mutual readily verifies that we have some of the most extensive and intensive experience in the industry.  Our services to financial institutions bring to bear Summit’s expertise and exclusive focus on trouble or distressed assets, which can be particularly valuable for institutions that historically have not had a large volume of non-performing assets.

CONSULTING

We know how to resolve non-performing loans and can provide consulting services to efficiently solve any organization’s real estate loan issues.  Since 1991 we have successfully resolved thousands of assets comprising several billion dollars for some of the largest investors and financial institutions in the world.  Stated alternatively, we know how to conduct workouts and turn arounds in the most direct and efficient manner – which ensures our clients a savings of both time and money.

INVESTING

We are actively seeking to acquire non-performing or sub-performing assets, including portfolios of defaulted loans as well as REO properties.  We are interested in private transactions and public auctions of real estate assets.

DEPTH

Summit’s senior executives have over 100 years of combined experience in the loan workout and distressed real estate arena.  We have extensive experience in both domestic and international markets.  We have the internal resources and established network of professionals to determine and execute the most efficient and cost effective resolution for any real estate asset.