Founded in 2006, PMM is a specialist real estate asset management company that originates and manages real estate investment on behalf of leading institutional investors and high net worth investors. It is the investment advisor to the Phoenix series of funds which invest in real estate and shared equity mortgages.
Phoenix Spree Deutschland
With offices in London and Berlin, PMM has a team with long-standing experience of the German residential property market and acts as Property Advisor to Phoenix Spree Deutschland, an investment trust it founded in 2007, and listed on the London Stock Exchange in 2015. With a gross asset value of €424m as at 31st December 2016, the portfolio of assets offers shareholders exposure to the German residential market, particularly Berlin.
Phoenix Shared Equity
PMM acts as advisor to the Phoenix Share Equity funds which are dedicated to acquiring and managing Shared Equity Mortgages. With more than 11,000 loans under management, with an initial face value in excess of £280m, PMM is the largest shared equity mortgage investment manager in the UK.
HAMPTON MORTGAGE SERVICING
PMM leverages its acquisition and asset management capabilities using Hampton Mortgage Servicing (www.hamptonmortgages.co.uk), its affiliated mortgage servicing platform. It is mandated to service loans acquired by Phoenix Shared Equity and 3rd party owned portfolios. Compliance with regulatory requirements is at the heart of its operations and it provides a high level of comfort loan portfolio vendors who may lack the in-house resource, expertise and regulatory authorisations to manage these loans optimally themselves