Make A Double Impact
DRI is an impact investment manager providing social impact investing with above-market rate returns
DRI’s investments combine social responsibility with above-market rate returns. DRI is a certified social impact investment with an experienced management team. DRI has an investment focus on affordable housing and financing, distressed loans and alternative lending with a social impact focus towards preventing foreclosure, stabilizing distressed neighborhoods, creating jobs & providing financing for underserved communities. Learn more about our recent developments and recent impact pool acquisitions and outcomes here.
Borrower obtains a mortgage from his/her local bank.
Mortgage changes from performing to non-performing due to hardships such as job loss.
Bank wants the non-performing mortgage off their books.
We buy mortgage as part of a pool from the bank, at a deeply discounted price.
Our servicer restructures to affordable levels,keeping the borrower in their home via modification and refinancing.
We season and later sell the mortgages as a re-performing loan with significant profit.There is positive social impact for the family and foreclosure rates remain low.
We use low-cost capital & experienced underwriting to create homeownership opportunities in undeserved markets via affordable financing & affordable housing creation.
We season and sell loan originations and acquistions.
Certified Impact Investment
The US Treasury has certified DRI as a FOR-PROFIT Community Development Financial Institution (“CDFI”)
CDFI Investment Advantages
Participates in select loan offerings available only to smaller investors such as CDFIs, non-profits, minority and women-owned businesses.
Has access to low cost, long-term financing on favorable terms.
Offers expertise and scale to the community development market at a time when both federal and local governments want greater participation from CDFIs.
Depository institutions are incentivized by the Community Reinvestment Act (CRA) to work with CDFIs to purchase re-performing loans, eligible for CRA credits at a premium.
Pricing, competition, and the economy have created an opportunity to make very attractive returns in the distressed mortgage market.
Historically low homeownership rates & tight lending standards put pressure on banks & government sponspered entities to increase afforadable financing.
These factors have created an opportunity for DRI to earn attractive returns by participating in this market.
DRI has a management team of mortgage industry professionals with decades of experience in both the distressed mortgage and community development banking sectors. Over the past twenty years, DRI’s team has been successfully acquiring, managing, and liquidating billions of dollars worth of loans in these markets.
DRI launched DRI Mortgage Opportunity Fund, L.P. (“DRIMOF”) in late 2017. DRIMOF is a social impact fund focused on investing in non-performing and performing mortgage loans. DRI also offers a number of direct investment opportunities designed not only to achieve its community objectives, but also to provide its investors with competitive rates of return managed by an experienced and successful executive team.
Learn More About investment Opportunities
For your interest in DRI’s Investment opportunities. A team member will be in touch shortly to explain our investments in detail and answer any questions.
Securities regulations require us to present our investments to accredited investors only. In order to proceed please indicate your accreditation status