by Erika Luitjens | May 1, 2016 | Fund News, SRF Quarterly Newsletter
Strategic Realty Fund sold twenty-four REO’s, sixteen mortgages and modified seven loans for a busy, productive quarter. We are also active in purchasing REO’s from our auction partners as well as purchasing non-performing mortgages from Clearview Capital and...
by Erika Luitjens | May 1, 2016 | CIG Quarterly Newsletter, Fund News
The number of REO assets that are available for auction has remained steady, with Freddie Mac still being the largest seller. We continue to hear from our auction company contacts that Fannie Mae is going to start selling occupied properties in volume. At this point,...
by Erika Luitjens | Jan 31, 2016 | CIG Quarterly Newsletter, Fund News
Due to the late onset of winter in the East, Stonecrest’s Capital Income & Growth fund was able to sell fifty-two properties through our retail division and thirty modified notes through our note division. In late February, we will be attending the Mortgage...
by Erika Luitjens | Jan 31, 2016 | Company News, Fund News, General, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 12/31/15: • Fourth quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 59 • Gross loan portfolio dollars: $33,388,222 (78.76% in 1st and 21.24% in 2nd position) • Average...
by Erika Luitjens | Jan 31, 2016 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 12/31/15: Fourth quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 92 Gross loan portfolio dollars: $41,160,796(87.70% in 1st and 12.30% in 2nd position) Average...