Sherman Financial Group

Dallas-based Special Servicer Wingspan Gets Private Equity Investment HW+

JAM Equity Partners, LLC and its affiliates said Wednesday that the private equity fund manager has agreed to a $2.5 million investment in Wingspan Portfolio Advisors, a Dallas-based mortgage servicer specializing in highly delinquent loans. Proceeds from the financing will be used to build out the company’s servicing and technology platform, both companies said in a joint press statement; JAM’s investment includes an option to invest additional capital.