by Erika Luitjens | Sep 30, 2016 | Company News, Fund News, General, PCF Quarterly Newsletter
[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...
by Erika Luitjens | Sep 30, 2016 | CIG Quarterly Newsletter, Fund News
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...
by Erika Luitjens | Sep 30, 2016 | Fund News, SRF Quarterly Newsletter
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...
by Erika Luitjens | Jul 15, 2016 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/16: Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 92 Gross loan portfolio dollars: $56,213,077 (86.31% in 1st and 13.69% in 2nd position) Average...
by Erika Luitjens | Jul 15, 2016 | Company News, Fund News, General, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/16: • Second quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 57 • Gross loan portfolio dollars: $33,804,804 (68.10% in 1st and 31.90% in 2nd position) • Average...
by Erika Luitjens | Jul 15, 2016 | CIG Quarterly Newsletter, Fund News
In addition to the REO purchases from auction companies, Stonecrest’s Capital Income and Growth Fund has been purchasing and marketing tax defaulted properties throughout California. We were able to have a list created for us that designates how delinquent a...
