Spurs Capital, the investment firm, specializes in providing liquidity to distressed residential mortgages that are performing, re-performing, or none-performing that clients need to get off their books.The firm has three business lines. First they manage a few distressed mortgage funds. Second, is what the firm calls their "conduit" where they buy and sell mortgages from banks and mortgage bankers. Finally, Spurs Capital helps other owners of non-performing loans with foreclosure monitoring, portfolio management, and lost mitigation.
The firm specializes in providing liquidity to areas of the market that are underserved. Not only will they buy pools of mortgages but will also buy single loans. On the asset management side the firm has developed specific expertise in more difficult markets and has developed a trusted network of local agents to help value properties and be their boots on the ground. The firm is particularly proud of their focus in the modification of loans and keeping borrowers in homes. Spurs Capital strives to provide borrowers the option of retaining their properties while restructuring the loan so it is affordable, as they have done over 3,000 times.
Spurs Capital was founded by Peter Slagowitz who has been working in the industry since 1994. He has experience working for Wall Street firms, and in 2008 following the financial crash he founded Spurs Capital. Slagowitz opened the firm with trusted veteran mortgage professionals. The mortgage investment firm has always provided a consistent and reliable source of liquidity to people seeking their services.
Slagowitz says he plans to keep growing the business to reach more clients. He plans to keep serving the underserved markets because he sees the need for a firm like his that caters to a client base that needs liquidity for their mortgage loans. Slagowitz is proud of the dedication he and his team have provided clients over the past 15 years and providing their services in an honest and humane practice. Spurs Capital has offices in New York, Colorado and California.
"We've been able to be a trusted provider of liquidity, while providing proven results for our partners in a niche space that doesn't have a lot of options," says Slagowitz. "Following the 2008 financial crash I was able to build this firm from the ground up and bring on a diverse team of expert mortgage professionals. I take a lot of pride in seeing what we have been able to build over the past 15 years in both trading and asset management."
Media Contact:
Name: Peter Slagowitz
Email: [email protected]
