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Fund News: Private Capital Fund – Q1 2018
[su_spacer size="10"]Performance Report: As of 3/31/18: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 48 • Gross loan portfolio dollars: $31,148,160 (57.94% in 1st and 42.06% in 2nd position) • Average loan-to-value:...
Fund News: Stonecrest Strategic Realty Fund – Q1 2018
Strategic Realty Fund sold thirty-five properties and thirty four notes in the first quarter of this year. The fund still has a significant amount of non-performing notes that are either being modified or are going through the foreclosure process. Unfortunately,...
Fund News: Stonecrest’s Real Estate Growth Fund – Q1 2018
Stonecrest has been working closely with XOME Auction company to efficiently bid properties on their auction site. Our success in working with different auction companies, outside of the personal relationships we have formed, is working to figure out exactly how each...
Fund News: Secured Income Fund – Q4 2017
[su_spacer size="10"]Performance Report: As of 12/31/17: Year-to-date annualized return: 7.61% Number of loans: 142 Gross loan portfolio dollars: $89,154,697 (68.91% in 1st and 31.09% in 2nd position) Average loan-to-value: 51.75%* Average loan amount:$627,850*...
Fund News: Private Capital Fund – Q4 2017
[su_spacer size="10"]Performance Report: As of 12/31/17: • Fourth quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 51 • Gross loan portfolio dollars: $36,042,384 (63.65% in 1st and 36.35% in 2nd position) • Average loan-to-value:...
Fund News: Stonecrest Strategic Realty Fund – Q4 2017
In the fourth quarter, Stonecrest’s real estate disposition team was able to sell thirty assets, while the non-performing notes department sold thirty-five, most of which were modified notes. The larger bank and institutional sellers have expanded the number of...