Property
2518 Sunset Ln
Loan 10005197 · Meitav · Lutz, FL
UPB
$1.8M
Money
Reigo Exposure
$1.9M
Meitav — Aug 10
Asset
2518 Sunset Ln, Lutz, FL, 33559
Property type unknown · Unit count unknown
Occupancy unknown
Current Case Status
REO
Carry Cost
Monthly carry cannot be calculated from current sources.
Next Move
Resolve: What is the current disposition/marketing plan for this REO asset?
Owner: Unassigned · Due: No date set
Blockers
- Why: No PipeDrive link and no other visible source states whether this property is listed, under contract, or unmarketed. A scoped SharePoint search for listing/broker/marketing materials on 2026-08-12 found none.
- What is the current disposition/marketing plan for this REO asset?Owner: UnassignedNeeds review
- Is the property currently vacant, tenant-occupied, or does the former borrower/occupant remain in possession?Owner: UnassignedNeeds review
- What is the current valuation of the property since it became REO?Owner: Unassigned
- Current bid / offersDeal / Business Development
- Foreclosure stageLegal / Credit
- Monthly carry costAsset Management
- Expected sale priceDeal / Business Development
- Expected recoveryAsset Management
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
REO (LMS) — delinquency: Current
1. Property / Collateral
Address
2518 Sunset Ln, Lutz, FL, 33559
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
$2.2M
Current UPB
$1.8M
Outstanding balance / payoff
$1.9M
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 BW 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
No legal/enforcement status connected for this loan — see the Legal tab for the full case-history field grid.
7. Carry / Liabilities
Monthly carry cannot be calculated from current sources — no carry-cost ledger is connected for this loan.
8. Third-Party Intelligence
Origination appraised value: $3,250,000 as of 06/06/2022 (appraiser's opinion of value, ~4 years before today and predating REO status by ~3 years — not a current valuation)
Case evidence · Origination appraisal by Raymond Hall II, Ray Hall Appraisals (Tampa, FL), File No. 202205-3044 — SharePoint Graph search, 2026-08-12 deep enrichment pass — Jun 6, 2022
Servicer transfer / deboarding signal in LMS payment ledger: LMS FEE payments show a $8,209.15 'FAY 08/2025' charge, then a cluster dated Feb 2026 reading 'Deboarding FEE, FAY 01/26' (-$51.35), 'Corporate advance FEE, FAY 01/26' (-$76.73), and 'Escrow advances FEE, Fay 01/26' (-$1,208.61) — raw ledger entries suggesting a transfer away from FAY Servicing around Jan/Feb 2026, with escrow (taxes/insurance) and corporate advances reconciled at that point. This is Recovery OS's own reading of the raw payment comments, not a stated fact from a narrative source — flagged accordingly.
Case evidence · LMS payment ledger (lms_read_trace_loan), LOAN_ID 10005197, payment IDs 97754/96770/96778/96786 — live LMS read-only query, 2026-08-12 deep enrichment pass — Feb 18, 2026
9. Critical Unknowns
What is the current disposition/marketing plan for this REO asset?
No PipeDrive link and no other visible source states whether this property is listed, under contract, or unmarketed. A scoped SharePoint search for listing/broker/marketing materials on 2026-08-12 found none.
Owner: Unassigned · No action logged yet
Is the property currently vacant, tenant-occupied, or does the former borrower/occupant remain in possession?
REO disposition strategy and marketing timeline depend heavily on vacancy/possession status. A scoped 2026-08-12 SharePoint search for eviction/occupancy/possession materials found none — occupancy status is genuinely unknown, not merely unconfirmed.
Owner: Unassigned · No action logged yet
What is the current valuation of the property since it became REO?
A 2022-06-06 origination appraisal ($3,250,000) exists but is ~4 years stale and predates REO status by ~3 years. A scoped 2026-08-12 SharePoint search, including the known portfolio-wide 'Clear Capital BPO' repository, found no post-REO BPO or updated valuation for this address — a real, disclosed data gap, not a guessed number.
Owner: Unassigned · No action logged yet
Why did legal activity stop roughly 7 months ago on an REO asset?
Legal-fee signals go quiet after 2026-01-26 despite REO status persisting. A 2026-08-12 search found a possibly-related servicer deboarding/transfer signal in the same Jan/Feb 2026 window (see Case Evidence Log) — a plausible but unconfirmed explanation, still worth a direct check with management rather than assumed.
Owner: Unassigned · No action logged yet
Current bid / offers
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 — 6 of 6 critical inputs are unusable: Current bid / offers (not connected), Foreclosure stage (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 #8) — not an inferred/nickname mapping.
Case Evidence Log
General loan status
REO
Source: Grand Summary + LMS snapshot, LOAN_ID 10005197 — both sources agree (PORTFOLIO_TRIAGE_REPORT.md #8)
Fund
Meitav_Bridge
Source: Live SharePoint weekly portfolio DQ report, 'DQ Report - 26.1.26.xls' (Loans Tape/NPLs/DQ Reports) — read-only Graph search, 2026-08-12 deep enrichment pass — Jan 26, 2026
Unpaid principal balance (UPB)
$1.84M
Source: Grand Summary snapshot, LOAN_ID 10005197
Legal-fee activity recorded in LMS
5 legal-fee signals, most recent 2026-01-26 — aging toward stale on an REO asset
Source: LMS snapshot, LOAN_ID 10005197 (PORTFOLIO_TRIAGE_REPORT.md #8) — Jan 26, 2026
PipeDrive linkage
None — zero PipeDrive link
Source: PipeDrive snapshot cross-reference (PORTFOLIO_TRIAGE_REPORT.md #8)
Property type and physical characteristics
Single-family residence, 10,348 sq ft gross living area, 11 total rooms (7 bed / 7 bath), 4.02-acre site, waterfront view, quality rating Q2
Source: Origination appraisal, 'Robert Syfert / 2518 Sunset Ln' — Raymond Hall II, Ray Hall Appraisals (Tampa, FL), read via SharePoint Graph search, 2026-08-12 deep enrichment pass — Jun 6, 2022
Origination appraised value
$3,250,000 as of 06/06/2022 (appraiser's opinion of value, ~4 years before today and predating REO status by ~3 years — not a current valuation)
Source: Origination appraisal by Raymond Hall II, Ray Hall Appraisals (Tampa, FL), File No. 202205-3044 — SharePoint Graph search, 2026-08-12 deep enrichment pass — Jun 6, 2022
Special/default servicing setup with FCI Lender Services, Inc.
A loan servicing setup/compliance form for FCI Lender Services, Inc. (Anaheim Hills, CA — a specialty default/foreclosure servicer) was created for this loan, dated 2025-01-09 — one day before LMS's own foreclosure status begins (2025-01-10). The form itself was returned as a blank template with no legible filled-in field values (counsel name, specific program tier, etc. not visible) — only its existence and date are asserted here.
Source: 'LS-ServicingSetUp 10005197 - 2518 Sunset Ln. - 399458587 DQ.pdf', Closing Servicing & Asset Management/Desktop/FCI PML Credit Facility - onboarding form — SharePoint Graph search, 2026-08-12 deep enrichment pass — Jan 9, 2025
Servicer transfer / deboarding signal in LMS payment ledger
LMS FEE payments show a $8,209.15 'FAY 08/2025' charge, then a cluster dated Feb 2026 reading 'Deboarding FEE, FAY 01/26' (-$51.35), 'Corporate advance FEE, FAY 01/26' (-$76.73), and 'Escrow advances FEE, Fay 01/26' (-$1,208.61) — raw ledger entries suggesting a transfer away from FAY Servicing around Jan/Feb 2026, with escrow (taxes/insurance) and corporate advances reconciled at that point. This is Recovery OS's own reading of the raw payment comments, not a stated fact from a narrative source — flagged accordingly.
Source: LMS payment ledger (lms_read_trace_loan), LOAN_ID 10005197, payment IDs 97754/96770/96778/96786 — live LMS read-only query, 2026-08-12 deep enrichment pass — Feb 18, 2026
Open Questions
What is the current disposition/marketing plan for this REO asset?
No PipeDrive link and no other visible source states whether this property is listed, under contract, or unmarketed. A scoped SharePoint search for listing/broker/marketing materials on 2026-08-12 found none.
What is the current valuation of the property since it became REO?
A 2022-06-06 origination appraisal ($3,250,000) exists but is ~4 years stale and predates REO status by ~3 years. A scoped 2026-08-12 SharePoint search, including the known portfolio-wide 'Clear Capital BPO' repository, found no post-REO BPO or updated valuation for this address — a real, disclosed data gap, not a guessed number.
Why did legal activity stop roughly 7 months ago on an REO asset?
Legal-fee signals go quiet after 2026-01-26 despite REO status persisting. A 2026-08-12 search found a possibly-related servicer deboarding/transfer signal in the same Jan/Feb 2026 window (see Case Evidence Log) — a plausible but unconfirmed explanation, still worth a direct check with management rather than assumed.
Is the property currently vacant, tenant-occupied, or does the former borrower/occupant remain in possession?
REO disposition strategy and marketing timeline depend heavily on vacancy/possession status. A scoped 2026-08-12 SharePoint search for eviction/occupancy/possession materials found none — occupancy status is genuinely unknown, not merely unconfirmed.
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 — 25 of 209 fields available from connected sources (12%)
Executive Summary3/8 · Partial
Current situation
Requires an analyst-authored narrative or an AI summarization pipeline — neither exists yet.
Current recovery stage
REO
Grand Summary · General_Loan_Status · row 73
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 — 25 of 209 fields available from connected sources (12%)
Recovery OS
Source coverage
25/209 fields available
Recovery OS