Check here for updates on company events, fund news, and industry insights.
Fund News: Capital Income and Growth Fund – Q4 2014
The fourth quarter was an active one for Stonecrest’s Capital Income & Growth Fund, with both the acquisition and sales departments involved in multiple trades. The national market for real estate sales overall is still good and we were able to sell eighty six...
Fund News: Private Capital Fund – Q4 2014
[su_spacer size="10"]Performance Report: As of 12/31/14: • Fourth quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 80 • Gross loan portfolio dollars: $35,844,551 (69.96% in 1st and 30.94% in 2nd position) • Average loan-to-value:...
Fund News: Stonecrest Strategic Realty Fund – Q4 2014
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...
Fund News: Secured Income Fund – Q3 2014
[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 loan-to-value: 47.57%*...
Fund News: Private Capital Fund – Q3 2014
[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...
Fund News: Stonecrest Income & Opportunity Fund I – Q3 2014
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....