Make A Double Impact

DRI is an impact investment manager providing social impact investing with above-market rate returns

 

DRI’s investments combine social responsibility with above-market rate returns. DRI is a certified social impact investment with an experienced management team. DRI has an investment focus on affordable housing and financing, distressed loans and alternative lending with a social impact focus towards preventing foreclosure, stabilizing distressed neighborhoods, creating jobs & providing financing for underserved communities. Learn more about our recent developments and recent impact pool acquisitions and outcomes here.

Investment Approach

NON-PERFORMING MORTGAGES

step1

STEP #1:

Borrower obtains a mortgage from his/her local bank.

step2

STEP #2:

Mortgage changes from performing to non-performing due to hardships such as job loss.

step3

STEP #3:

Bank wants the non-performing mortgage off their books.

step4

STEP #4:

We buy mortgage as part of a pool from the bank, at a deeply discounted price.

PERFORMING MORTGAGES

step5

STEP #5:

Our servicer restructures to affordable levels,keeping the borrower in their home via modification and refinancing.

step6

STEP #6:

We season and later sell the mortgages as a re-performing loan with significant profit.There is positive social impact for the family and foreclosure rates remain low.

step7

STEP #7:

We use low-cost capital & experienced underwriting to create homeownership opportunities in undeserved markets via affordable financing & affordable housing creation.

step8

STEP #8:

We season and sell loan originations and acquistions.

Certified Impact Investment

The US Treasury has certified DRI as a FOR-PROFIT Community Development Financial Institution (“CDFI”)

CDFI Investment Advantages

icon1

Participates in select loan offerings available only to smaller investors such as CDFIs, non-profits, minority and women-owned businesses.

icon2

Has access to low cost, long-term financing on favorable terms through the Federal Home Loan Bank System and CDFI Fund programs.

icon3

Offers expertise and scale to the community development market at a time when both federal and local governments want greater participation from CDFIs.

icon4

Depository institutions are incentivized by the Community Reinvestment Act (CRA) to work with CDFIs to purchase re-performing loans, eligible for CRA credits at a premium.

Market Opportunity

market-1
Pricing, competition, and the economy have created an opportunity to make very attractive returns in the distressed mortgage market.

market2
Historically low homeownership rates & tight lending standards put pressure on banks & government sponspered entities to increase afforadable financing.

market3
These factors have created an opportunity for DRI to earn attractive returns by participating in this market.

invest-team-image

The Team

DRI has a management team of mortgage industry professionals with decades of experience in both the distressed mortgage and community development banking sectors. Over the past twenty years, DRI’s team has been successfully acquiring, managing, and liquidating billions of dollars worth of loans in these markets.

DRI is currently raising capital for DRI Mortgage Opportunity Fund, L.P. (the “Fund”), a social impact fund focused on investing in non-performing and performing mortgage loans. DRI also offers a number of direct investment opportunities designed not only to achieve our community objectives, but also to provide our investors with competitive rates of return.

Learn More About investment Opportunities

  1. 1
  2. 2
  3. 3

Contact Us

We're not around right now. But you can send us an email and we'll get back to you, asap.

Start typing and press Enter to search