p.A.R.

pHOENIX ASSET RECOVERY (p.A.R.) invests in turnarounds and special situations. Headquartered in Dover, Delaware, p.A.R. acquires distressed (nonperforming/non-accrual) notes with a view to turning them around and then exiting, thereby saving livelihoods, stabilizing neighborhoods and producing better than average returns.

 

We offer real solutions to borrowers in default. By working diligently with borrowers, we are often able to modify the terms of their loan; easing their burden and hardship, and enabling them to retain their property. In other cases, we open the doors for alternative workout opportunities for borrowers to transition to different housing without destroying their financial well-being.