by Pat Garvey | Apr 30, 2014 | Fund News, SIOF Quarterly Newsletter
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...
by Erika Luitjens | Apr 25, 2014 | Company News, Fund News, PCF Quarterly Newsletter
[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...
by Erika Luitjens | Apr 25, 2014 | CIG Quarterly Newsletter, Fund News
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...
by Pat Garvey | Apr 25, 2014 | Fund News, SIOF Quarterly Newsletter
The Stonecrest Income & Opportunity Fund-1 marketed part of our land contract inventory and received three bids from qualified bidders. At the very end of December, we closed the first tranche (eighty-five) of a trade with a firm from Texas. We expect to close a...
by Erika Luitjens | Jan 25, 2014 | Company News, Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 12/31/13: • Fourth quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 94 • Gross loan portfolio dollars: $36,546,028 (64.34% in 1st and 35.66% in 2nd position) • Average...
by Pat Garvey | Jan 25, 2014 | Company News, Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 12/31/13: Fourth quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 59 Gross loan portfolio dollars: $15,176,351 (96.9% in 1st and 3.1% in 2nd position) Average loan-to-value:...
