Halo Companies, Inc., through its subsidiaries, operates as a distressed asset services company in the United States. The company provides technology-driven asset management, portfolio due diligence, acquisition, repositioning and liquidation strategies for the private investment and mortgage servicing industry. Products and Services The company focuses its distressed asset services, portfolio due diligence, and asset liquidation strategies primarily on single family residential real estate across the United States for its business customers (typically distressed debt investors or debt servicers) to market solutions for improved performance and monetization of their portfolios. Subsidiaries Halo Asset Management, LLC (HAM) HAM engages in the ‘fee for service’ default and disposition asset management business model supporting the company’s clients’ investment into funds of real estate owned (REO) properties or non-performing loans. The client’s primary investment focus is to acquire properties in metropolitan areas with an emphasis on acquiring below replacement cost, undervalued or distressed properties through REO. Halo Portfolio Advisors, LLC (HPA) HPA works with asset managers, investors and servicers to provide ongoing default management, asset/liability management, asset preservation management, portfolio acquisition and liquidation support. Secondarily, HPA offers its customers custom tailored workout programs that would improve the performance of the assets or notes through a myriad of creative analytic and retention strategies. HPA utilizes the company’s proprietary, in-house technology to provide a proprietary, customized analysis of a client’s position. HPA then custom tailors a solution for the client, which provides the client analytics on which assets or notes to monetize first and what options are utilized to monetize each individual asset or note. The company is exploring potential opportunities with various client relationships that would allow the company to implement its internally used asset management software platform as an external service for those customers. This is commonly known as software as a service (SaaS). The company entered into a consulting and development agreement with a customer during 2014 with the primary intention to launch the SaaS platform during 2015. The company is still in its research phase of determining if this service line would remain ancillary or become a primary business component of the company. History Halo Companies, Inc. was founded in 2004.
halo cos inc (HALN:OTC US)
18451 North Dallas Parkway
Dallas, TX 75287
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for HALN.|
|View Industry Companies|
|Price/Cash Flow||NM||Not Meaningful|
Sponsored Financial Commentaries
To contact HALO COS INC, please visit www.haloco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.