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Fund News: Stonecrest Income & Opportunity Fund I – Q2 2014
We had a robust quarter in our Notes Department, selling 33 notes for a gross profit margin of approximately $700k. Our Retail Department also had a very busy quarter, reflected in their strong sales. They closed 130 transactions and many more properties are in...
Fund News: Secured Income Fund – Q2 2014
[su_spacer size="10"]Performance Report: As of 6/30/14 : Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 80 Gross loan portfolio dollars: $20,203,109(84% in 1st and 16% in 2nd position) Average loan-to-value: 47.80%* Average...
Fund News: Secured Income Fund – Q1 2014
[su_spacer size="10"]Performance Report: As of 3/31/14 : First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 67 Gross loan portfolio dollars: $16,928,981 (91.98% in 1st and 8.02% in 2nd position) Average loan-to-value: 48.12%*...
Fund News: Stonecrest Income & Opportunity Fund I – Q1 2014
Stonecrest Income & Opportunity Fund-1 is continuing to market various segments of our loan portfolio, as evidenced by a recent transaction where we sold both land contract and modified loan pools to the same buyer. One of our sales strategies for SIOF is to group...
Fund News: Private Capital Fund – Q1 2014
[su_spacer size="10"]Performance Report: As of 03/31/14: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 87 • Gross loan portfolio dollars: $35,052,535 (59.95% in 1st and 40.05% in 2nd position) • Average loan-to-value:...
Fund News: Capital Income and Growth Fund – Q1 2014
During the final two quarters of 2013, Capital Income & Growth Fund acquired a significant number of non-performing loans and REO properties for the portfolio. Because of this, our asset managers have been very focused on resolving as many assets as possible...