Sortis Holdings (SOHI), an alternative investment fund manager based in Portland, Ore., has begun marketing its sixth investment fund, the Sortis Distressed Opportunity Fund.
The Sortis Distressed Opportunity Fund will look to acquire qualified distressed debt, real estate assets and select operating businesses across the western United States.
The fund will seek to capitalize on the “once-in-a-cycle” real estate and business opportunities that emerge as a result of the COVID-19 pandemic. This could include failed projects, discounted performing and non-performing loans, foreclosures, bankruptcies, and other complex situations.
SOHI said the investment team believes the crisis will have a deep enough impact on certain areas of the real estate market to create special situation opportunities.
“Our team and platform worked through the last recession, to successfully underwrite and sell over a billion dollars of distressed real estate loans and assets
