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Fund News: Stonecrest’s Real Estate Growth Fund – Q2 2018
Real Estate Growth Fund’s second quarter was particularly busy on the acquisition side of the business. We benefited from one seller who reduced prices and accepted lower offers in order to close out their quarter strong. REGF acquired 63 properties throughout the...
Fund News: Stonecrest Strategic Realty Fund – Q2 2018
Strategic Realty Fund has been acquiring vacant properties that require relatively minimal repair and are located in markets that are strong. We phased out purchasing occupied properties some time ago. Our experience shows that the discounts for vacant properties are...
Fund News: Private Capital Fund – Q2 2018
[su_spacer size="10"]Performance Report: As of 6/30/18: • Second quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 50 • Gross loan portfolio dollars: $35,993,212 (61.76% in 1st and 38.24% in 2nd position) • Average loan-to-value:...
Fund News: Secured Income Fund – Q2 2018
[su_spacer size="10"]Performance Report: As of 6/30/18: Year-to-date annualized return: 7.39% Number of loans: 155 Gross loan portfolio dollars: $122,999,651(70.69% in 1st and 29.31% in 2nd position) Average loan-to-value: 52.35%* Average loan amount:$793,546.14*...
Stonecrest Hits the Lanes
The Stonecrest Team took time to relax and enjoy a well-deserved break in the midst of another strong, but busy, year for the company. As part of the company’s ongoing employee engagement program, employees were treated to a night of bowling, which is always a...
Fund News: Secured Income Fund – Q1 2018
[su_spacer size="10"]Performance Report: As of 3/31/18: Year-to-date annualized return: 7.45% Number of loans: 131 Gross loan portfolio dollars: $99,286,138 (72.20% in 1st and 27.80% in 2nd position) Average loan-to-value: 51.77%* Average loan amount:$757,909.45*...