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""Clayton Holdings LLC"":http://www.clayton.com, a Shelton, Connecticut-based provider of customized risk analysis, loss mitigation, operational solutions, and staffing services to the mortgage[IMAGE]and fixed income industries, now offers loan administration and asset management services to investors in small balance commercial real estate loans via its Quantum Servicing unit.
""Quantum Servicing Corporation"":http://www.quantum-servicing.com is headquartered in Tampa, Florida, and is a wholly owned subsidiary of Clayton Holdings that performs primary and special servicing in both the residential and commercial real estate sectors.
[COLUMN_BREAK]Quantum's commercial servicing division will primarily handle non-performing commercial loans-acquisition, development, and construction (ADC); multi-family; shopping center; and strip mall-valued at $5 million or less.
According to Paul Bossidy, CEO of Clayton, Quantum is already servicing approximately 6,000 non-performing and performing small balance loans.
""We are approaching this new market the same way we approached residential special servicing,"" Bossidy said. ""We're not trying to be all things to all clients. Instead, we're focused on a growing but under-served part of the market, not the mega deals. Our goal is to be the best-in-class option for investors looking for customized servicing programs and higher levels of collaboration and transparency from their servicer.""
Bossidy explained that the company's commercial real estate due diligence capabilities should also feed into its servicing operations, so clients can now use Clayton to evaluate distressed commercial real estate portfolios and service them when they are acquired.
