by Erika Luitjens | Jul 30, 2018 | Fund News, SRF Quarterly Newsletter
Strategic Realty Fund has been acquiring vacant properties that require relatively minimal repair and are located in markets that are strong. We phased out purchasing occupied properties some time ago. Our experience shows that the discounts for vacant properties are...
by Erika Luitjens | Jul 30, 2018 | Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/18: • Second quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 50 • Gross loan portfolio dollars: $35,993,212 (61.76% in 1st and 38.24% in 2nd position) • Average...
by Erika Luitjens | Jul 30, 2018 | Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 6/30/18: Year-to-date annualized return: 7.39% Number of loans: 155 Gross loan portfolio dollars: $122,999,651(70.69% in 1st and 29.31% in 2nd position) Average loan-to-value: 52.35%* Average loan...
by Erika Luitjens | May 22, 2018 | Fund News, SIF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/18: Year-to-date annualized return: 7.45% Number of loans: 131 Gross loan portfolio dollars: $99,286,138 (72.20% in 1st and 27.80% in 2nd position) Average loan-to-value: 51.77%* Average loan...
by Erika Luitjens | May 22, 2018 | Fund News, PCF Quarterly Newsletter
[su_spacer size=”10″]Performance Report: As of 3/31/18: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 48 • Gross loan portfolio dollars: $31,148,160 (57.94% in 1st and 42.06% in 2nd position) • Average...
by Erika Luitjens | May 22, 2018 | Fund News, SRF Quarterly Newsletter
Strategic Realty Fund sold thirty-five properties and thirty four notes in the first quarter of this year. The fund still has a significant amount of non-performing notes that are either being modified or are going through the foreclosure process. Unfortunately,...
