by Erika Luitjens | Jul 26, 2020 | Fund News, REGF Quarterly Newsletter
The Covid-19 pandemic is having an interesting effect on the real estate market. Mending from a sharp drop in activity, the real estate market has begun to heat up (since mid-May) as inventory remains low. This is a reflection of both the release of pent-up demand and...
by Erika Luitjens | Apr 18, 2020 | Fund News, SRF Quarterly Newsletter
First and foremost, we hope this update finds you and your loved ones healthy and safe. Stonecrest continues to work on liquidating SRF. With the current situation affecting the real estate and financial markets, it has been difficult to find exits for the portfolio’s...
by Erika Luitjens | Apr 15, 2020 | Fund News, SIF Quarterly Newsletter
Performance Report: Year-to-date annualized return: 7.15% Number of loans: 172 Gross loan portfolio dollars: $170,283,314 (71.40% in 1st and 28.60% in 2nd position) Average loan-to-value: 50.09%* Average loan amount: $990,019 Number of Counties: 26 *calculated when...
by Erika Luitjens | Apr 14, 2020 | Fund News, REGF Quarterly Newsletter
First and foremost, we hope this update finds you and your loved ones healthy and safe. The COVID-19 pandemic, with all its associated restrictions in moving properties and loans through foreclosure and sale processes, is impacting our ability to close out...
by Erika Luitjens | Jan 15, 2020 | Fund News, SIF Quarterly Newsletter
Performance Report: As of 12/31/19: Year-to-date annualized return: 7.30% Number of loans: 177 Gross loan portfolio dollars: $166,724,487 (71.30% in 1st and 28.70% in 2nd position) Average loan-to-value: 51.32%* Average loan amount: $941,946 Number of Counties: 26...
