Send the information
Share the address or loan description and whatever documents you have. Partial files are fine.
For lenders and note holders
Commercial note buyer for performing and non-performing loans.
Belcz Group buys performing and non-performing commercial real estate notes with unpaid balances of $250,000 to $3,000,000, secured by property anywhere in the United States. We buy single loans with our own capital and send written pricing within 2 business days.
Notes we buy
- First-lien commercial and multifamily mortgages
- Performing, sub-performing and non-performing loans
- Matured loans and loans in foreclosure
- Single loans from banks, credit unions, private lenders and estates
What we need
- Unpaid balance, rate and maturity
- Collateral address and type
- Payment history and default status
- Loan documents and any appraisal or BPO
Unpaid balance is not the purchase price
The $250,000–$3,000,000 range here refers to unpaid principal balance (UPB), not a promised purchase price. Pricing depends on the collateral, payment history, document review and the loan’s current status. There is no fixed percentage of UPB that applies to every note.
From initial pricing to a loan transfer
Start with a loan summary and the collateral’s location. Share the note, mortgage, modifications and servicing information for diligence when available. The seller and buyer then agree on the loan sale terms; counsel should confirm assignments, required notices and any pending foreclosure or bankruptcy procedures for the specific loan.
Nationwide collateral coverage does not imply identical recovery timelines in every state. Tell us about any pending action and seller approval requirements early so they can be reflected in the review.
How it works
Receive a written offer
We review it directly and send written terms within 2 business days of receiving the information.
Close as-is
Thirty days is typical, faster when title allows, or on your timeline. No financing contingency.
Explore acquisition options
Frequently asked questions
Do you buy single commercial notes?
- Yes. We buy individual loans, not just pools, with balances from $250K to $3M.
Do you buy notes from private lenders?
- Yes. We buy from banks, credit unions, private lenders and estates.
Do you buy non-performing notes?
- Yes, including loans that are in foreclosure.
Where must the collateral be?
- Anywhere in the United States. We are based in the New York City region and consider every situation on its own merits.
How fast can a note purchase close?
- About 30 days after an agreed price is typical, depending on document review and the seller's approvals.
Related guides
How community banks sell non-performing commercial real estate loans
A plain-English walkthrough of how a community bank sells a single non-performing CRE loan: when it makes sense, what buyers need, how pricing works and how long it takes.
OREO vs. note sale vs. discounted payoff: which is faster for a bank?
Comparing the three main exits for a troubled commercial real estate loan: selling the note, foreclosing and selling OREO, or accepting a discounted payoff.
Get a free as-is value and offer
Send the details and receive a written as-is offer within 2 business days.