Current Investments Real Estate Disposition Corporation

Fund: Trident IV
Investment Date: November 2008
Sector: Mortgage Service
www.redcgroup.com

 

Real Estate Disposition Corporation (“REDC”) is a business process outsourcing company located in Irvine, California, that helps mortgage lenders and homebuilders liquidate their real estate owned properties through an auction sale process. As the largest real estate auction firm in the United States, REDC provides comprehensive auction services, including pre-auction marketing, overseeing service providers that manage open houses and perform property preservation work, conducting the auction sale process and administering the closing process in coordination with third party lenders, title companies, escrow and closing companies. Trident IV acquired its interest in REDC from the company’s founders in November 2008.