ALGOS SPECIAL SERVICER
Algos is the special servicer that implements and enhances Algebris’ investment strategy in Non-Performing Loans, by offering integrated services of Loan Management and Real Estate Management.
It was founded in 2019 as a separate legal entity, licensed under art. 115 T.u.l.p.s., with the aim of creating alignment and continuity between special servicing and the investment activity: a strategy promoted by Algebris aimed at maximizing the value return to investors, with a view to constant growth.
Our all-in-one proprietary services, the strong and recognizable personality defining the company’s strategy, management model and organizational culture allow us to simplify complexities and turn them into value for investors.
Positions under management
for a total of 4,000 credit lines and a historic GBV of € 2.2 bn
(of which 99% secured).
Mortgages and real estate as collateral
consisting of 4,600 subordinates.
Repossessed real estate assets
for a total of 1800 subordinates and a countervalue of € 350M (of which about 75% represented by assets located in northern Italy).
Main asset classes
residential, commercial, industrial, offices, hotels, lands.
are located in 12 Italian regions, mainly in Northern Italy.
3 securitization funds and 23 reoco (mainly 7.1)
We cover the entire Italian territory thanks to an extensive network of selected lawyers and real estate brokers.