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User:Redneckgenius/Apollo Financial Group

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Apollo Financial Group

Based in NYC, Apollo Financial Group is a company which buys and sells distressed financial products. 1 Created by Ricky Brava and Dean Anastos, the company buys and sells mortgages which large banks and lenders would otherwise foreclose on. 2 Such financial products are typically purchased for less than face value. 3

At the end of June, 2012, Apollo had $11.9 million in liquid assets and $105 billion assets under management. 4


1. http://www.blogtalkradio.com/moneyforlunch/2012/10/18/october-18-2012-1

2. http://drakem8.multiply.com/journal/item/147/Non-Performing-Notes-Another-Way-to-Invest-In-Real-Estate

3. http://honouring5.rssing.com/browser.php?indx=2921203&item=279

4. http://www.marketwatch.com/story/apollo-financial-group-finding-real-value-in-distressed-debt-investing-2012-10-10