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Frances Cammack
12
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35
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Performing Notes in Today’s Market – Who’s Actively Buying, Holding, or Creating Them

Frances Cammack
Posted

2026 feels different for performing note investing – noticeably fewer individual investors active compared to prior years. Note buyer pools shrinking, less forum chatter, slower response rates on outreach.

Potential 2026 factors pushing investors out:

  • Syndication/private equity returns beating passive notes?
  • Servicing costs spiking with higher rates?
  • Institutional funds dominating retail opportunities?
  • Tax code changes or compliance burdens?
  • Better risk-adjusted plays in ops-heavy deals?

Active note buyers – reality check:

  • Fewer competing bidders in your deals this year?
  • Target yields up/down vs. 2024-2025?
  • Paper availability drying up or just pricing issues?
  • Still viable for smaller investors ($50K-500K notes)?

Share your 2026 experience – dying niche or mispriced opportunity? One data point (yield shift, buyer count drop) appreciated.

#NoteInvesting #PerformingNotes #2026Trends

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