Opportunity
Noble believes that investing through the PLN represents an
attractive opportunity for lenders for the following reasons:
• Investment banking operation behind the management of the
PLN: Noble Capital has operated a successful investment banking
operation for six years now. Much of the firms investments opportunities have
been offered to investors in an add hoc fashion. The firm has successfully
managed over 250 mortgage lending transactions and over 20 real estate
acquisitions & development projects to date.
To date, not one Investor with Noble
Capital has lost a penny of their principal investment. Noble is proud of
that record and will go to great lengths in fighting to defend it.
• Diversification: The company
plans on taking advantage of the central Texas market for years to come, however
markets are cyclical in nature and their will come a time when the company looks
to invests into other emerging marketplaces. Noble will employ a strategy of
maintaining responsible diversification from a geographical and asset class
concentration standpoint.
• Nimble nature of the company:
Noble Capital has taken measures to
bring a high level of professionalism and expertise to the firm. With that said,
the company has also committed to staying lean in respect to operating cost and
overhead. The company emphasizes earnings from operations and considers revenues
from operations to be a vital measure of the success of the company.
Unlike larger operations that carry a heavy load,
Noble Capital’s PLN will not be
looked to as the primary support for the firm’s operations. Noble’s established
mortgage banking operation generates the primary operational revenues for the
firm. This allows the firm to stay agile and opportunistic when timing &
opportunity crosses paths.
• Management style
of the company: Noble has worked hard to put responsible due diligence
and underwriting controls in place to ensure that only high quality investment
opportunities are selected. The company has a straightforward approach in
dealing with Risk. Noble believes that risk cannot be avoided but must be
mitigated. Risk is inherent in any real estate investment; therefore the Firm
holds the line on an Asset Based Investment Philosophy.
Noble defines Asset based investing as the strategy of maintaining the
investment basis well below the market value of the investment. The PLN will
share this approach with a focus on asset based lending on investment real
estate that is underwritten and valued from an investment approach.
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