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Introducing Capcon
Capitalism With a Conscience The Stonecrest corporate family is expanding! Stonecrest is pleased to announce the formation of CapCon, a non-profit, pro-social organization based on the notion that the free market, while far from perfect, is nevertheless the best tool...
Fund News: Secured Income Fund – Q3 2016
[su_spacer size="10"]Performance Report: As of 9/30/16: Third quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 102 Gross loan portfolio dollars: $70,408,575 (84.61% in 1st and 15.39% in 2nd position) Average loan-to-value: 50.07%*...
Fund News: Private Capital Fund – Q3 2016
[su_spacer size="10"]Performance Report: As of 9/30/16: • Third quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 56 • Gross loan portfolio dollars: $33,496,639 (68.67% in 1st and 31.33% in 2nd position) • Average loan-to-value:...
Fund News: Capital Income and Growth Fund – Q3 2016
For the third quarter, our sales team was able to liquidate thirty nine REO assets, as well as sell forty low-value mortgages from our inventory. We have continued to purchase a handful of bay area properties from our tax delinquent marketing program. These...
Fund News: Stonecrest Strategic Realty Fund – Q3 2016
Last month, we attended the Five Star Conference in Dallas, Texas. This is one of the larger conferences that attracts banks, mortgage servicers, Realtors and investors. We were able to meet with the heads of two of our auction company partners, as well as the...
Stonecrest Company Picnic 2016
We had our annual picnic for employees, family and friends of Stonecrest on August 5th at Cuesta Park. This year’s theme was Fun in the Sun. The day was filled with great food, games, laughter and great company. Everyone love the ribs of course and the freshly made...