Property
2350 N 29th St
Loan 10004124 · Kantor / GIC · Philadelphia, PA
UPB
$399.8K
Money
Reigo Exposure
$399.8K
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: UnassignedNeeds 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.
No connected source — starting from $0.
No connected source — starting from $0.
No connected source — starting from $0.
No connected source — starting from $0.
No connected source — starting from $0.
No connected source — starting from $0.
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
1. Property / Collateral
Address
2350 N 29th St, Philadelphia, PA, 19132
Property type
Collateral/property type is not a column in the Grand Summary Loans list
Occupancy
Occupancy status is not a column in the Grand Summary Loans list
Physical condition
Property condition is not a column in the Grand Summary Loans list
Inspection history
Inspection history is not a column in the Grand Summary Loans list
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
Original loan amount
$399.8K
Current UPB
$399.8K
Outstanding balance / payoff
$399.8K
Participation %
100.0%
Accrued legal fees
Legal spend is not a column in the Grand Summary Loans list
Other advances / protective costs
Protective advances is not a column in the Grand Summary Loans list
4. Current Offer / Exit
No current offer connected from PipeDrive for this loan.
5. Borrower / Guarantor
Borrower
Borrower CM LLC
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.
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.
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.
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.
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.
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.
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.
Next hearing
No legal/enforcement tracking system is connected.
Next deadline
No legal/enforcement tracking system is connected.
Counsel
No legal/enforcement tracking system is connected.
Legal spend to date
$19.3K
Expected additional legal cost
No legal/enforcement tracking system is connected.
Eviction status
No legal/enforcement tracking system is connected.
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.
PG / guarantor action
No legal/enforcement tracking system is connected.
Dual-track (foreclosure + PG/bankruptcy)
Yes — both tracks active
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?
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?
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
Connect PipeDrive to source this field.
Responsible: Deal / Business Development
Monthly carry cost
Connect Recovery OS Database to source this field.
Responsible: Asset Management
Expected sale price
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
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.
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
Source: Grand Summary + LMS snapshot, LOAN_ID 10004124
Fund
Kantor / GIC
Source: Grand Summary snapshot, LOAN_ID 10004124 (raw "Cantor 01 - 21")
Unpaid principal balance (UPB)
$399,750
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.
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.
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.
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.
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?
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.
When is the hearing date for the Debtor's motion for use of cash collateral, and what does Reigo's position need to be?
The GP Legal DQ Report states this hearing date is not yet set — worth tracking so Reigo can prepare a position in time.
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.
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.
Critical risks
No structured risk-flagging pipeline is connected.
Expected outcome
Requires an approved recovery forecast — none exists in Grand Summary or Recovery OS.
Next action
Requires task/decision tracking — not connected.
Required approvals
No approval-tracking system is connected.
Confidence
Low — 29 of 209 fields available from connected sources (14%)
Recovery OS
Source coverage
29/209 fields available
Recovery OS