by Erika Luitjens | Apr 30, 2017 | Fund News, SRF Quarterly Newsletter
Sales of real estate slows during the winter months, especially in the mid-west and eastern parts of the country. With that being said, Strategic Realty Fund was able to sell twenty-three REO’s and nine mortgages in the first quarter of 2017, as well as modifying 3...
by Erika Luitjens | Feb 8, 2017 | Company events, Company News
Stonecrest Founder & President Jon Freeman would be forgiven for wondering if it has really been three decades since he founded the business. But time marches on, and 2017 will mark the 30th anniversary for Stonecrest. From humble beginnings all those years ago,...
by Erika Luitjens | Dec 31, 2016 | Fund News, SRF Quarterly Newsletter
As the number of REO properties continues to shrink, investors are looking for distressed inventory in different areas and looking at different opportunities to buy discounted real estate. One of those programs is the CWCOT (Claims without Conveyance of Title) that...
by Erika Luitjens | Dec 31, 2016 | CIG Quarterly Newsletter, Fund News
The Capital Income & Growth Fund will be winding down in 2017, with distributions of shareholder capital coming at each quarter end starting in Q1 and ending in Q4. Stonecrest was considering opening a new distressed asset fund but hesitated because of concerns...
by Erika Luitjens | Dec 31, 2016 | Company News, Fund News, General, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 12/31/16: • Fourth quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 55 • Gross loan portfolio dollars: $32,996,435 (69.26% in 1st and 30.74% in 2nd position) • Average...
