Check here for updates on company events, fund news, and industry insights.
Fund News: Secured Income Fund – Q1 2016
[su_spacer size="10"]Performance Report: As of 3/31/16: First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 91 Gross loan portfolio dollars: $47,561,616 (91.46% in 1st and 8.54% in 2nd position) Average loan-to-value: 48.38%*...
Fund News: Stonecrest Strategic Realty Fund – Q1 2016
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...
Fund News: Capital Income and Growth Fund – Q1 2016
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,...
Fund News: Capital Income and Growth Fund – Q4 2015
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...
Fund News: Private Capital Fund – Q4 2015
[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 loan-to-value:...
Fund News: Secured Income Fund – Q4 2015
[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 loan-to-value: 46.90%*...