crowdfunding lehman brothers

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  • 8/13/2019 Crowdfunding Lehman Brothers

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    CROWDFUNDING LEHMAN BROTHERS SUBPRIME FALLOUT TO PREVENT

    FORECLOSURES

    Lehman Brotherssubprime mortgages, fallout from thelargest bankruptcy in U.S. history,are

    beingcrowdfundedbyAmerican Homeowner Preservation(AHP). Consisting primarily of loans

    birthed by Lehman,AHPs2013D opportunityempowers accredited investors to acquire the

    interests in the $3,960,000 offering and earn returns of 9 12% on terms of 15 years.

    Once acquired, AHP offers borrowers sustainable solutions to stay in their homes,

    strengthening families and communities.

    150-year old Lehman Brothers, the fourth-largest investment bank in the U.S.

    (behindGoldman Sachs,Morgan StanleyandMerrill Lynch), buckled under the strain of

    billions in toxic subprime mortgage holdings which had plunged in value. Lehmans collapse

    culminated in a September 2008 bankruptcy filing, amatter which continues to be

    resolved. Wall Streets subprime lunacy doomed many of these borrowers to fail with terms

    which were impossible to meet. Now that 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 and the top states being New York, Illinois and Florida.

    Loans will be titled in American Homeowner Preservation Trust, withU.S. Bankas

    trustee,G&S Fund Servicesas fund administrator andOrion Financial Group as document

    custodian. AHP investors own interests in the LLC which is the beneficial owner of the

    Trust. The minimum investment is $10,000 and 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. However, the 80/20 fee structure

    typical of hedge funds was not sufficient to fund AHPs management-intensive workout

    http://en.wikipedia.org/wiki/Lehman_brothershttp://en.wikipedia.org/wiki/Lehman_brothershttp://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asphttp://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asphttp://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asphttp://en.wikipedia.org/wiki/Crowdfundinghttp://en.wikipedia.org/wiki/Crowdfundinghttp://en.wikipedia.org/wiki/Crowdfundinghttp://ahpinvest.com/http://ahpinvest.com/http://ahpinvest.com/https://ahpinvest.com/featured2013dhttps://ahpinvest.com/featured2013dhttps://ahpinvest.com/featured2013dhttp://www.goldmansachs.com/http://www.goldmansachs.com/http://www.goldmansachs.com/http://www.morganstanley.com/http://www.morganstanley.com/http://www.morganstanley.com/http://www.ml.com/index.asp?id=7695_15125http://www.ml.com/index.asp?id=7695_15125http://www.ml.com/index.asp?id=7695_15125https://www.pacermonitor.com/public/case/23040/Lehman_Brothers_Holdings_Inchttps://www.pacermonitor.com/public/case/23040/Lehman_Brothers_Holdings_Inchttps://www.pacermonitor.com/public/case/23040/Lehman_Brothers_Holdings_Inchttps://www.pacermonitor.com/public/case/23040/Lehman_Brothers_Holdings_Inchttps://www.usbank.com/index.htmlhttps://www.usbank.com/index.htmlhttps://www.usbank.com/index.htmlhttp://www.gsfundservices.com/http://www.gsfundservices.com/http://www.gsfundservices.com/http://www.orionfgi.com/index.phphttp://www.orionfgi.com/index.phphttp://www.orionfgi.com/index.phphttp://www.gsfundservices.com/https://www.usbank.com/index.htmlhttps://www.pacermonitor.com/public/case/23040/Lehman_Brothers_Holdings_Inchttps://www.pacermonitor.com/public/case/23040/Lehman_Brothers_Holdings_Inchttp://www.ml.com/index.asp?id=7695_15125http://www.morganstanley.com/http://www.goldmansachs.com/https://ahpinvest.com/featured2013dhttp://ahpinvest.com/http://en.wikipedia.org/wiki/Crowdfundinghttp://www.investopedia.com/articles/economics/09/lehman-brothers-collapse.asphttp://en.wikipedia.org/wiki/Lehman_brothers
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    approach. Thus, AHP recently added the crowdfunding component with predetermined

    and attractiveyields to investors.

    To learn more about AHP, visitwww.ahpinvest.com,call (800) 555-1055 or

    [email protected] .

    http://www.ahpinvest.com/http://www.ahpinvest.com/http://www.ahpinvest.com/mailto:[email protected]:[email protected]:[email protected]:[email protected]://www.ahpinvest.com/