Mendel Tress is a founder and managing partner of Sun Equity Partners. Prior to forming Sun, Mr. Tress founded and ran Gibraltar Equity Group in 2008 to purchase non-performing debt. Gibraltar purchased approximately 80 distressed loans with an aggregate face value of $185MM. Mr. Tress founded Valley Funding LLC, a residential mortgage brokerage, in 1995. Valley Funding had grown to three branches and 53 employees when it was sold in 2007. Mr. Tress began his career in real estate by forming Esquire Properties in 1986 to purchase multifamily properties, eventually buying and managing approximately 40 properties.