by Erika Luitjens | Mar 4, 2015 | Fund News, SRF Quarterly Newsletter
Since the inception of the Strategic Realty Fund, we have focused on purchasing bank owned properties and non-performing mortgages. During the last half of 2014, we purchased 27 REO properties for $3.6 million through our relationships to a number of auction...
by Erika Luitjens | Nov 12, 2014 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 9/30/14 : Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 80 Gross loan portfolio dollars: $22,116,746(84.47% in 1st and 15.53% in 2nd position) Average...
by Erika Luitjens | Nov 12, 2014 | Company News, Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 09/30/14: • Second quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 82 • Gross loan portfolio dollars: $35,374,965 (67.53% in 1st and 32.47% in 2nd position) • Average...
by Erika Luitjens | Nov 7, 2014 | Fund News, SIOF Quarterly Newsletter
The Stonecrest Income & Opportunity Fund-1 continued to liquidate assets throughout the third quarter. We sold eight separate pools of assets. We are selling performing notes, non-performing notes, loans in bankruptcy, high and low value REO’s, etc....
by Erika Luitjens | Nov 7, 2014 | CIG Quarterly Newsletter, Fund News
Stonecrest’s Capital Income & Growth Fund had another strong quarter with continued growth coming from sales in most of our segments. In particular, the Retail, Land Contracts, and Notes departments did well. Nationally, the overall resale market to individuals,...
