Loans

Source: Grand SummaryUpdated Aug 10, 2026, 1:40 PM UTC · Read Aug 16, 2026, 5:25 PM UTC

Property

2350 N 29th St

Loan 10004124 · Kantor / GIC · Philadelphia, PA

Current statusForeclosureRecovery stageNot connectedForeclosure stage[Bankruptcy Case] Borrower filed Chapter 11 BK on 07/06/26. Borrower filed Adversary Case against Lender on 07/17/26. Meeting of Creditors held on 08/10/26. Waiting on hearing date for Debtor's motion for use of cash collateral. [Foreclosure Case] Judgment entered. Foreclosure sale on 08/04/26 stayed due to Bankruptcy Case.Liquidation stageNot connected

UPB

$399.8K

Source: Grand SummaryWorkbook updated Aug 10, 2026, 1:40 PM UTCLast read Aug 16, 2026, 5:25 PM UTC

Money

Reigo Exposure

$399.8K

Verified fact

Kantor / GIC — Aug 10

Asset

2350 N 29th St, Philadelphia, PA, 19132

Property type unknown · Unit count unknown

Occupancy unknown

Current Case Status

Foreclosure

Carry Cost

Monthly carry cannot be calculated from current sources.

Next Move

Resolve: The Debtor filed an Adversary Case against the Lender (Reigo) on 07/17/26 — what is that case about, and what is Reigo's exposure in it?

Owner: Unassigned · Due: No date set

Blockers

  • Why: No source reviewed states the substance of the Adversary Case — only that it exists. This is a real, unresolved legal exposure distinct from the underlying foreclosure.
  • The Debtor filed an Adversary Case against the Lender (Reigo) on 07/17/26 — what is that case about, and what is Reigo's exposure in it?Owner: Unassigned
    Needs review
  • When is the hearing date for the Debtor's motion for use of cash collateral, and what does Reigo's position need to be?Owner: Unassigned
  • Current bid / offersDeal / Business Development
  • Monthly carry costAsset Management
  • Expected sale priceDeal / Business Development
  • Expected recoveryAsset Management
  • Next legal deadlineLegal / Credit

Decision — Sell Now vs. Hold

Every editable field below is a local, non-persisted draft assumption — never written to LMS, PipeDrive, or any source system. Real values and their sources are shown for reference.

Draft assumption

No connected source — starting from $0.

Draft assumption

No connected source — starting from $0.

Draft assumption

No connected source — starting from $0.

Draft assumption

No connected source — starting from $0.

Draft assumption

No connected source — starting from $0.

Draft assumption

No connected source — starting from $0.

Draft assumption

No connected source — starting from $0.

Sell Now

No current offer connected, and no price entered above — enter an assumed price to see Sell Now economics. A $0 sale price is never assumed.

Hold (sensitivity by months)

No current valuation connected, and no assumed future sale value entered above — enter one to see Hold economics. A $0 future sale value is never assumed.

Headline

Foreclosure (LMS) — delinquency: Foreclosure

Verified fact
Source: LMS

1. Property / Collateral

Address

2350 N 29th St, Philadelphia, PA, 19132

Verified fact

Property type

Collateral/property type is not a column in the Grand Summary Loans list

Unavailable

Occupancy

Occupancy status is not a column in the Grand Summary Loans list

Unavailable

Physical condition

Property condition is not a column in the Grand Summary Loans list

Unavailable

Inspection history

Inspection history is not a column in the Grand Summary Loans list

Unavailable

Not tracked in any connected source for this or any loan yet: number of units, renovation status, and a structured material-issues list.

2. Valuation / Market

Current valuation not available — no BPO, appraisal, or market intelligence is connected for this loan.

3. Loan / Reigo Exposure

Fund / vehicleKantor / GIC

Original loan amount

$399.8K

Verified fact

Current UPB

$399.8K

Verified fact

Outstanding balance / payoff

$399.8K

Verified fact

Participation %

100.0%

Verified fact

Accrued legal fees

Legal spend is not a column in the Grand Summary Loans list

Unavailable

Other advances / protective costs

Protective advances is not a column in the Grand Summary Loans list

Unavailable

4. Current Offer / Exit

No current offer connected from PipeDrive for this loan.

5. Borrower / Guarantor

Borrower

Borrower CM LLC

Verified fact

Ownership structure

Borrower/guarantor identity is not tracked in the Grand Summary Loans list, and no LMS or Recovery OS database connection exists to source it from elsewhere.

Unavailable

Last meaningful communication

Borrower/guarantor identity is not tracked in the Grand Summary Loans list, and no LMS or Recovery OS database connection exists to source it from elsewhere.

Unavailable

Borrower's stated plan

Borrower/guarantor identity is not tracked in the Grand Summary Loans list, and no LMS or Recovery OS database connection exists to source it from elsewhere.

Unavailable

Guarantor(s)

Borrower/guarantor identity is not tracked in the Grand Summary Loans list, and no LMS or Recovery OS database connection exists to source it from elsewhere.

Unavailable

PG enforceability / collectability

Borrower/guarantor identity is not tracked in the Grand Summary Loans list, and no LMS or Recovery OS database connection exists to source it from elsewhere.

Unavailable

PG exposure

Borrower/guarantor identity is not tracked in the Grand Summary Loans list, and no LMS or Recovery OS database connection exists to source it from elsewhere.

Unavailable

6. Legal / Enforcement

Current stage

[Bankruptcy Case] Borrower filed Chapter 11 BK on 07/06/26. Borrower filed Adversary Case against Lender on 07/17/26. Meeting of Creditors held on 08/10/26. Waiting on hearing date for Debtor's motion for use of cash collateral. [Foreclosure Case] Judgment entered. Foreclosure sale on 08/04/26 stayed due to Bankruptcy Case.

Verified fact

Next hearing

No legal/enforcement tracking system is connected.

Unavailable

Next deadline

No legal/enforcement tracking system is connected.

Unavailable

Counsel

No legal/enforcement tracking system is connected.

Unavailable

Legal spend to date

$19.3K

Verified fact

Expected additional legal cost

No legal/enforcement tracking system is connected.

Unavailable

Eviction status

No legal/enforcement tracking system is connected.

Unavailable

Bankruptcy status

Borrower filed Chapter 11 BK on 07/06/26. Borrower filed Adversary Case against Lender on 07/17/26. Meeting of Creditors held on 08/10/26. Waiting on hearing date for Debtor's motion for use of cash collateral.

Verified fact

PG / guarantor action

No legal/enforcement tracking system is connected.

Unavailable

Dual-track (foreclosure + PG/bankruptcy)

Yes — both tracks active

Verified fact

7. Carry / Liabilities

Monthly carry cannot be calculated from current sources — no carry-cost ledger is connected for this loan.

8. Third-Party Intelligence

No broker, servicer, counsel, borrower, buyer, or management statements are connected for this loan.

9. Critical Unknowns

The Debtor filed an Adversary Case against the Lender (Reigo) on 07/17/26 — what is that case about, and what is Reigo's exposure in it?

Blocks decision
Open

No source reviewed states the substance of the Adversary Case — only that it exists. This is a real, unresolved legal exposure distinct from the underlying foreclosure.

Owner: Unassigned · No action logged yet

When is the hearing date for the Debtor's motion for use of cash collateral, and what does Reigo's position need to be?

Open

The GP Legal DQ Report states this hearing date is not yet set — worth tracking so Reigo can prepare a position in time.

Owner: Unassigned · No action logged yet

Current bid / offers

Blocks decision
Not Connected

Connect PipeDrive to source this field.

Responsible: Deal / Business Development

Monthly carry cost

Blocks decision
Not Connected

Connect Recovery OS Database to source this field.

Responsible: Asset Management

Expected sale price

Blocks decision
Not Connected

Connect PipeDrive to source this field.

Responsible: Deal / Business Development

Full evidence log and question/action management are on this page below, and on the Decisions tab.

10. Decision

Not Ready

Decision question not yet defined

Define the decision to evaluate options and missing inputs — Decisions tab.

Not Ready — 5 of 6 critical inputs are unusable: Current bid / offers (not connected), Monthly carry cost (not connected), Expected sale price (not connected), Expected recovery (missing), Next legal deadline (not connected).

Conflicts between sources

None identified.

Draft assumptions being accepted

None entered yet.

You may decide now, but this is what you are choosing to decide without knowing.

Full evidence, approval status, and execution history are on the Decisions tab.

Golden Case
Confirmed match

Persisted in Recovery OS's own store — independent of PipeDrive/LMS/Grand Summary.

Direct Grand Summary Loan ID (per PORTFOLIO_TRIAGE_REPORT.md) — not an inferred/nickname mapping.

Case Evidence Log

General loan status

Foreclosure

Verified fact

Source: Grand Summary + LMS snapshot, LOAN_ID 10004124

Fund

Kantor / GIC

Verified fact

Source: Grand Summary snapshot, LOAN_ID 10004124 (raw "Cantor 01 - 21")

Unpaid principal balance (UPB)

$399,750

Verified fact

Source: Grand Summary snapshot, LOAN_ID 10004124

Bankruptcy filing (2026-08-11 legal-status table, an earlier user-supplied source)

"Borrower filed Chapter 11 BK on 07/06/26. Foreclosure sale date to be postponed for 60 days. Borrower filed Adversary Case against Lender on 07/17/26." — an anticipated future postponement, not yet a confirmed outcome as of that source.

Verified fact

Source: LEGAL_STATUS_SOURCE_ASSESSMENT.md (23-loan legal/PG status table, supplied 2026-08-11) — Aug 11, 2026

Current legal narrative (GP Legal DQ Report) — refines the earlier "sale to be postponed" framing

[Bankruptcy Case] Borrower filed Chapter 11 BK on 07/06/26. Borrower filed Adversary Case against Lender on 07/17/26. Meeting of Creditors held on 08/10/26 — the day before this report. Waiting on a hearing date for the Debtor's motion for use of cash collateral (no date set yet). [Foreclosure Case] Judgment entered. Foreclosure sale on 08/04/26 was stayed due to the Bankruptcy Case — the postponement mechanism was a bankruptcy stay, not a rescheduled date.

Verified fact

Source: GP Legal DQ Report (Michael Palumbo), DQ Report-08.11.26-GP UPDATESv2.xlsx, LOAN_ID 10004124 — Aug 11, 2026

Dual-track legal action

Yes — an active Bankruptcy Case (with its own Adversary Case against the Lender) and an active Foreclosure Case (judgment already entered, sale stayed) are both underway.

Verified fact

Source: GP Legal DQ Report (Michael Palumbo), LOAN_ID 10004124 — Aug 11, 2026

Legal blocker

Foreclosure sale stayed pending the bankruptcy case — the sale cannot proceed while the stay is in effect.

Verified fact

Source: GP Legal DQ Report (Michael Palumbo), LOAN_ID 10004124 — Aug 11, 2026

Open Questions

The Debtor filed an Adversary Case against the Lender (Reigo) on 07/17/26 — what is that case about, and what is Reigo's exposure in it?

Blocks decision
Open

No source reviewed states the substance of the Adversary Case — only that it exists. This is a real, unresolved legal exposure distinct from the underlying foreclosure.

Owner:
Unassigned

When is the hearing date for the Debtor's motion for use of cash collateral, and what does Reigo's position need to be?

Open

The GP Legal DQ Report states this hearing date is not yet set — worth tracking so Reigo can prepare a position in time.

Owner:
Unassigned

Decisions

No decisions recorded yet.

Detailed operating fields

Operating Summary

Current situation

Next action

Owner

Due date

Blocking issue

Expected recovery

Best bid

Monthly carry cost

Cost of delay

Expected time to cash

Risk level

Confidence

Low — 29 of 209 fields available from connected sources (14%)

Executive Summary3/8 · Partial

Current situation

Requires an analyst-authored narrative or an AI summarization pipeline — neither exists yet.

Not Connected

Current recovery stage

Foreclosure

Grand Summary · General_Loan_Status · row 90

Raw workbook status, not a formal Recovery OS recovery-stage taxonomy — STATE_MACHINE_REVIEW.md's proposed stage machine is not yet approved.

Available

Critical risks

No structured risk-flagging pipeline is connected.

Not Connected

Expected outcome

Requires an approved recovery forecast — none exists in Grand Summary or Recovery OS.

Not Connected

Next action

Requires task/decision tracking — not connected.

Not Connected

Required approvals

No approval-tracking system is connected.

Not Connected

Confidence

Low — 29 of 209 fields available from connected sources (14%)

Recovery OS

Available

Source coverage

29/209 fields available

Recovery OS

Available