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Eric Atlas0 Posts
Eric Atlas is Head of US Residential Debt at Man Global Private Markets (‘Man GPM’). He is responsible for overseeing the US residential debt business, including origination, underwriting and execution of real estate loans. Prior to joining Man GPM in December 2019, Atlas was a portfolio manager at 1Sharpe Capital, an investment manager focused on the US bridge loan space between 2018 and 2019. Before that, he worked at Cerberus Capital Management in the residential credit group and related portfolio companies for more than 10 years, most recently as portfolio manager of a single family rental portfolio. Atlas holds a Bachelors’ degree from the University of Pennsylvania.
Spotlight On Residential Real Estate Investment Loans
by Eric Atlas Residential Investment Loans (“RILs”) are business purpose loans secured by “fix and flip” or rental properties owned by professional investors and secured by 1st lien mortgages. Bridge loans are short-term loans (usually 6 to 24-months in duration, with an average life of less than a year) to property investors who buy, renovate, and sell homes for profit (the aforementioned fix and flip investments) or lease, refinance and
