Capital for what comes next.
Rescue Capital Management is an alternative asset manager built for the complex corners of real estate credit — where disciplined underwriting and operational capability turn dislocation into opportunity.
Our Mission
We invest where complexity creates value.
Rescue Capital Management exists to deliver superior risk-adjusted returns by acquiring non-performing loans and commercial real estate positions that require legal precision, underwriting discipline, and operational capability most managers can't or won't bring. When the situation demands it, we take operational control of the underlying asset and stabilize it ourselves — restoring cash flow, restructuring the capital stack, and positioning each investment for resolution on our terms.
About Us
Alternative asset management, focused on real estate credit.
Rescue Capital Management is a New York-based investment firm specializing in non-performing loans and commercial real estate.
What We Do
Non-Performing Loans
We acquire non-performing loans from banks, special servicers, and debt funds, and work them through to resolution. Our approach combines disciplined underwriting, legal precision, and the operational capability to stabilize the underlying real estate.
Commercial Real Estate
Alongside our NPL strategy, we invest selectively in commercial real estate equity and joint ventures where dislocation creates pricing power — taking the position the deal actually requires.
Our Team
Built on experience.
Rescue Capital Management is led by a team with deep experience across real estate credit, distressed debt workouts, and commercial real estate investment.
Peter Blass
Co-Founder & Chief Executive Officer
Peter is a senior commercial real estate finance executive with over 25 years of institutional origination experience spanning every major CRE lending product — Fannie Mae DUS, Freddie Mac, FHA/HUD, CMBS conduit, bridge, mezzanine, and equity — with documented originations exceeding $850 million across 60+ closed transactions. He has built his career at the most prominent mortgage banking platforms in the country, developing a relationship network across national banks, GSEs, life insurance companies, debt funds, family offices, and institutional equity sources, and is widely regarded as one of the most deeply connected capital markets professionals in New York real estate. At Rescue Capital, Peter leads capital raising, investor relations, and compliance, and oversees the day-to-day activities of the firm. He sits on the firm's Investment Committee.
Jacob Gold
Co-Founder & Chief Investment Officer
Jacob is a private equity real estate executive with over 10 years of experience leading acquisitions, structured credit, and distressed investing across private equity and private credit platforms. He has managed a $275M AUM real estate platform, executed $550M+ in transactions, and built a consistent track record sourcing and restructuring non-performing and sub-performing assets to generate outsized risk-adjusted returns. His expertise spans the full capital stack — bridge finance, mezzanine debt, preferred equity, joint venture structuring, NPL acquisitions, and capital restructurings — with a core strength in identifying assets where creative, bespoke capital solutions unlock value that conventional lenders and traditional equity providers cannot reach. Jacob's approach is rooted in capital structure analysis rather than asset speculation: identifying situations where real estate has fundamental value but debt, ownership, or operations have created a crisis requiring creative, fast-moving capital — and structuring the solution accordingly. This framework is the analytical core of the Rescue Capital Fund's strategy. At Rescue Capital, Jacob oversees the full lifecycle of investments, leads the investment strategy across all funds, and oversees origination and credit. He chairs the firm's Investment Committee.
Jonathan Orr
Co-Founder & Chief Operating Officer, Asset Management and Development
Jonathan is a principal-side commercial real estate operator with over 10 years of hands-on experience executing acquisitions, ground-up development, and value-add repositioning across multiple asset classes and markets. He has consistently operated as the decision-maker rather than a broker or intermediary, with a principal-side acquisition track record exceeding $200M across multifamily, retail, industrial, and hospitality assets, $100M+ in ground-up and value-add development executed as principal, and $100M+ in CRE debt brokerage as a consultant — giving him fluency on both the ownership/operations side and the capital markets side of the table. His asset class coverage spans multifamily, retail, industrial, hospitality, and residential across Texas, Nevada, Illinois, and the Southeast. Prior to real estate, Jonathan built operational skills in institutional hotel management at DoubleTree (Hilton) Hotels — a foundation directly applicable to distressed hospitality and mixed-use asset turnarounds. At Rescue Capital, Jonathan oversees asset management, development, and the capex schedule for each asset in the portfolio. He sits on the firm's Investment Committee.