Oaktree Real Estate Opportunities Fund VII, L.P.
OAKTREE REAL ESTATE OPPORTUNITIES FUND VII, L.P.
Opportunity Drivers - Residential
HOME PRICE DECLINE AND RECOVERY VARY BY MARKET
(%)
Changes in Home Prices Since 2005¹
0%
(10)
(20)
(30)
(50)
(60)
Arizona California Florida Georgia
Peak to Current Peak to Trough
LIL
Illinois New Jersey
DISTRESSED MORTGAGE LOAN INVENTORY²
10
# of Delinquent Residential Mortgages
(in millions)
3
2
1 -
0
Jun-05
-90-unf
Jun-07
Jun-08
Jun-09-
Jun-10-
Jun-11
Residential Mortgage Delinquencies
Jun-12-
اکسل
Jun-13-
Confidential
Jun-14-
As of June 30, 2015
Source: Corelogic, LPS, Morgan Stanley
1 Peak occurred in 2006 for each market represented. The year in which states hit their trough varied, with Arizona and Florida in 2011, California, Georgia and New Jersey in 2012, and Illinois in 2013.
2 Represents the total number of U.S. homes in different states of delinquency foreclosure or REO.
1
Jun-15
60%
50
40
30
20
10
0
% Severely Delinquent
-% Delinquent >12 months
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