by Erika Luitjens | Jan 31, 2019 | Fund News, REGF Quarterly Newsletter
After studying the nationwide real estate market very closely, we believe the odds are that 2019 will be a flat year. We still see houses in some areas of the country commanding multiple offers, while others in those same areas are having to cut their listing prices....
by Erika Luitjens | Nov 1, 2018 | Fund News, REGF Quarterly Newsletter
Real Estate Growth Fund sold 28 properties and 3 mortgages in the 3rd quarter. REGF also continued to purchase properties through auction channels as well as banks. We are networking with other large banks to increase our deal flow through them. The real estate market...
by Erika Luitjens | Nov 1, 2018 | Fund News, SRF Quarterly Newsletter
Strategic Realty Fund had a solid 3rd quarter, selling 20 properties and 10 mortgages for a nice margin. SRF continued to purchase well-priced assets throughout the country, mainly through banks and Xome auction company. The real estate market has been slowing overall...
by Erika Luitjens | Nov 1, 2018 | Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 9/30/18: • Third quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans:45 • Gross loan portfolio dollars: $33,252,943 (62.10% in 1st and 37.90% in 2nd position) • Average...
by Erika Luitjens | Nov 1, 2018 | Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 9/30/18: Year-to-date annualized return: 7.40% Number of loans: 162 Gross loan portfolio dollars: $124,899,257(66.32% in 1st and 33.68% in 2nd position) Average loan-to-value: 52.07%* Average loan...
by Erika Luitjens | Jul 30, 2018 | Fund News, REGF Quarterly Newsletter
Real Estate Growth Fund’s second quarter was particularly busy on the acquisition side of the business. We benefited from one seller who reduced prices and accepted lower offers in order to close out their quarter strong. REGF acquired 63 properties throughout the...