by Erika Luitjens | Jul 15, 2016 | CIG Quarterly Newsletter, Fund News
In addition to the REO purchases from auction companies, Stonecrest’s Capital Income and Growth Fund has been purchasing and marketing tax defaulted properties throughout California. We were able to have a list created for us that designates how delinquent a...
by Erika Luitjens | Jul 15, 2016 | Company events
We work hard but we also play hard. Our annual Rafting Trip at the American River was a big success and we had fun team building and playing on the American River.Click on Picture below to see more photos.
by Erika Luitjens | Jul 15, 2016 | Fund News, SRF Quarterly Newsletter
Stonecrest has had solid success working with and purchasing properties from Bank of America’s Distressed Asset Division. This division sells properties they consider “ titled impaired”. The title may not actually be impaired, but the bank wants to sell these assets...
by Erika Luitjens | May 9, 2016 | Company News, Fund News, General, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/16: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 60 • Gross loan portfolio dollars: $35,054,969 (69.24% in 1st and 30.76% in 2nd position) • Average...
by Erika Luitjens | May 9, 2016 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/16: First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 91 Gross loan portfolio dollars: $47,561,616 (91.46% in 1st and 8.54% in 2nd position) Average loan-to-value:...