Who We Are
USA Recovery Group brings together highly qualified individuals and
firms with track-records of success in securing high returns from distressed
real estate assets. All are GSA certified.
The Team draws on its project and asset management skills to provide
innovative, cost-effective solutions, creating value and
investment opportunities
from unproductive or undervalued properties. The Fund’s Team is
comprised
of:
- Asset Managers and Attorneys
- Developers and Environmental Engineers
- Grant Administrators and Strategic Planners
- Real Estate Professionals
- Economic Development Professionals and
- Risk Assessment Managers
- Structured Finance Professionals
USA Recovery members are GSA-certified (General Services Administration)
and provide a variety of government services, including debt collection,
due diligence, loan underwriting, asset management and disposition, special
servicing, financial advisory, operational and transactional specialist
services.
USA Recovery consists of a consortium of woman and minority-owned firms
as well as other leading national asset management and related professional
accounting, legal and consulting firms. USA Recovery members have valued,
managed, brokered and/or liquidated over $50 Billion in financial assets...including
loans, real estate, and securities.
Value Recovery Holding, LLC (“VRH”) has partnered with the FDIC in its
collection program for over 15 years, and is its leading performer. VRH
is GSA certified for asset management and loan servicing and for collections.
Since 2000, VRH and its related companies have been successful at securing
and performing on asset management, loan servicing and collections contracts
with the FDIC, Export-Import Bank of the United States, Overseas Private
Investment Corporation, United States Department of Education, and numerous
state and local agencies and instrumentalities.
For over a decade, P&L Investments, LLC, also GSA certified, has been
actively involved in both collections and asset management, and is currently
developing numerous distressed and Brownfield properties around the United
States. The firm is also the sole contractor for the U.S. Department of
Health and Human Services, providing collection of its receivables. Gary
J. Silversmith, the firm’s principal, served as a Senior Asset Marketing
Specialist at the RTC, where he conceived, implemented, and managed the
largest joint venture program in FDIC history, utilizing 23 private sector
partners to liquidate $8 Billion in judgments, deficiencies and charge-offs
(JDC’s) from over 800 financial institutions. Prior to working at the RTC,
he worked in the General Counsel’s Office at Fannie Mae, where he addressed
issues concerning Fannie Mae’s mortgage-backed security (MBS) program. Consequently,
he has published three versions of the BNA Portfolio entitled “REMICs and
other Mortgage-Backed Securities”.
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