by Erika Luitjens | Nov 20, 2017 | Company events
Stonecrest employees enjoyed a Friday out of the office last week to participate in some volunteer work. Partnering with Habitat for HumanityEast Bay/Silicon Valley, the Stonecrest team pitched in on two “neighborhood revitalization” projects, doing renovation &...
by Erika Luitjens | Nov 14, 2017 | Fund News, REGF Quarterly Newsletter
Stonecrest has raised over $11,000,000 so far in the Real Estate Growth Fund. We have been able to deploy the capital purchasing REO property mainly from Wells Fargo, Freddie Mac and a large east coast servicer. We’ve used these funds to purchase over seventy-five...
by Erika Luitjens | Nov 14, 2017 | CIG Quarterly Newsletter, Fund News
Our real estate sales department was very active in the third quarter, selling forty-two properties and working towards liquidating the rest of Capital Income & Growth Fund by the end of this year. We still have a handful of non-performing notes that are in...
by Erika Luitjens | Nov 14, 2017 | Fund News, SRF Quarterly Newsletter
Our Non-Performing Notes department was active in the third quarter and sold thirty-five notes, while our Real Estate Department sold thirty-one properties. Strategic Realty Fund contains a large number of non-performing notes. Many of these non-performing notes have...
by Erika Luitjens | Oct 26, 2017 | Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 9/30/17: • Third quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 54 • Gross loan portfolio dollars: $$35,046,237 (75% in 1st and 25% in 2nd position) • Average...
