MorCap Fund Advisors, LLC
Real EstateCalifornia, United States2-10 Employees
MorCap Fund Advisors, LLC operates in the real estate sector as a management consulting firm focused on mortgage banking, residential bank-owned real estate (REO), and short-sale acquisitions. It buys non-performing commercial mortgage loans, residential short-sales, and bank-owned REO assets at deep discounts, typically in bulk pools of $10-100 million, across the United States. The company is based in Irvine, California, and was founded in 2007 by Robert L. Labbé, a licensed attorney in California and New York with a long history in residential financing for nationwide lenders. The firm is small in size, consisting of a compact team. Labbé has experience as a senior attorney and senior executive overseeing residential financing for lenders such as DiTech, First Allegiance, and Lenders Direct. In the past two years, MorCap, in partnership with I. Shone Clark, has acquired more than 2,000 properties nationwide.