by Erika Luitjens | Jul 30, 2017 | Fund News, SRF Quarterly Newsletter
The national real estate market continues to be strong and our REO team was able to sell twenty-nine properties and thirteen non-performing mortgages this quarter. We continue to be excited about HUD’s two asset disposal strategies: CWCOT and the Total Debt Program....
by Erika Luitjens | Jul 30, 2017 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/17: Year-to-date annualized return: 7.65% Number of loans: 135 Gross loan portfolio dollars: $93,274,281 (73.64% in 1st and 26.36% in 2nd position) Average loan-to-value: 52.13%* Average loan...
by Erika Luitjens | May 5, 2017 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/17: Year-to-date annualized return: 7.64% Number of loans: 132 Gross loan portfolio dollars: $90,019,752 (76.23% in 1st and 23.77% in 2nd position) Average loan-to-value: 50.44%* Average loan...
by Erika Luitjens | May 5, 2017 | Company News, Fund News, General, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/17: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 55 • Gross loan portfolio dollars: $32,798,629 (66.65% in 1st and 33.35% in 2nd position) • Average...
by Erika Luitjens | May 5, 2017 | CIG Quarterly Newsletter, Fund News
Sales of real estate slows during the winter months, especially in the mid-west and eastern parts of the country. With that being said, our sales team was able to sell twenty-four REO’s and five non-performing notes. We are looking forward to a robust selling season...