by Erika Luitjens | May 22, 2018 | Company events
The Stonecrest Team took time to relax and enjoy a well-deserved break in the midst of another strong, but busy, year for the company. As part of the company’s ongoing employee engagement program, employees were treated to a night of bowling, which is always a...
by Erika Luitjens | May 22, 2018 | Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/18: Year-to-date annualized return: 7.45% Number of loans: 131 Gross loan portfolio dollars: $99,286,138 (72.20% in 1st and 27.80% in 2nd position) Average loan-to-value: 51.77%* Average loan...
by Erika Luitjens | May 22, 2018 | Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/18: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 48 • Gross loan portfolio dollars: $31,148,160 (57.94% in 1st and 42.06% in 2nd position) • Average...
by Erika Luitjens | May 22, 2018 | Fund News, SRF Quarterly Newsletter
Strategic Realty Fund sold thirty-five properties and thirty four notes in the first quarter of this year. The fund still has a significant amount of non-performing notes that are either being modified or are going through the foreclosure process. Unfortunately,...
by Erika Luitjens | May 22, 2018 | Fund News, REGF Quarterly Newsletter
Stonecrest has been working closely with XOME Auction company to efficiently bid properties on their auction site. Our success in working with different auction companies, outside of the personal relationships we have formed, is working to figure out exactly how each...
