Commercial Loan Workout Investment Fund

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• Commercial Loan Workout Investment Fund

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What is All Terrain Property Funds
All Terrain Property Funds is an investment fund
focused on maximizing the worth of substantially
undervalued commercial real estate loans, a field
know as Commercial Loan Workouts.
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About Commercial Loan Workouts

• A 50-year category history
• Created to manage non-performing and devalued
  loans in early 1950s
• Has gained substantial momentum since 1980s
• A critical component of the commercial loan
  life-cycle
• Financial institutions have dedicated departments
  for handling non-performing loans
• A solid track record
• In good, mediocre and bad economic cycles,
  Commercial Loan Workouts have performed well
• A wide open field
• Loan Workouts typically sold institution to
  institution
• No highly organized network of buyers

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The Commercial Loan Life Cycle
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How All Terrain Investment Funds Work
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All Terrain Property Funds Opportunity

• One of the first independent investment funds
  created to pursue Commercial Loan Workouts on a
  macro scale.

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All Terrain Property Funds Opportunity
Secondary Market Loan Trading Volume
Dollars In Billions
Source Loan Pricing Corporation
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Huge Growth in Distressed Commercial Debt
Commercial and Industrial Loan Charge Offs
Source FDIC Quarterly Banking Profile
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The Economies of Scale
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How we minimize risk

• Each loan secured by real property and borrower
  collateral
• Battled-tested, proprietary loan analytics
• Purchase loans at substantial discounts
• Work with top-tier network of partners
• Managing partners knowledge experience

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All Terrain Property Fund II

• Our second fund
• Targets Commercial Loan Workouts 5 Million and
  up
• Fund size 100 million
• 250 million ceiling
• Begin investing at 50 million
• Projected per annum return of 21
• 8-year fund term
• Cumulative return of 350

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Why All Terrain Property Funds is a Good
Investment

• Attractive return on investment
• Significant risk mitigators in place
• Record of success
• Wide open opportunity
• Experienced management team

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All Terrains Managing Partners

• David Pavek
• 17 years of commercial loan and Loan Workout
  experience
• Founded and built two law firms focused on
  commercial real estate
• Successfully litigated nearly 1 Billion in Loan
  Workouts
• Michael Hutchins
• Successfully managed All Terrain Property Funds
  investments since inception in 1998
• Leveraged 17 years computer industry experience
  to developed All Terrains proprietary software
  programs
• Charles J. Berling
• 25 years of real estate development and
  acquisition experience
• Managed and developed all property types
  including Commercial and Industrial, Residential,
  Mixed Use, Hospitality, and Office
• Developed 2 billion dollars comprising 17 million
  square feet of commercial real estate in major
  markets throughout the U.S.

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• Commercial Loan Workout Investment Fund