PNL purchases existing commercial mortgages secured by office buildings, shopping centers, apartments, warehouses, land and other types of real estate located throughout the United States and Canada.  Our target loan acquisition size is $5 million to $50 million.  In particular, PNL seeks short-maturity, sub-performing and non-performing loans and mortgage pools. 

Since 1993, PNL has acquired several billion dollars in institutional lenders and governmental entities including Citibank, JPMorgan Chase, Wachovia, Bank of America, General Electric, Aetna, Met Life, HUD, and the FDIC.