Presidio Investments

  • Presidio was a wholly owned subsidiary of Hunt Realty Investments. It was a proficient buyer of non-investment grade commercial mortgage-backed securities (CMBS). It acquired more than $275 million of CMBS, thereby providing a controlling position on commercial mortgage pools totaling more than $12 billion.
  • Presidio established co-investment relationships with institutional partners to jointly purchase B-piece positions in newly issued CMBS trusts whereby Presidio maintained control of the first-loss position.
  • Presidio sold its remaining interests in the CMBS positions in 2010.