Performance Report:
- Year-to-date annualized return: 6.68%
- Number of loans: 182
- Gross loan portfolio dollars: $197,502,304 (81.94% in 1st and 18.94% in 2nd position)
- Average loan-to-value: 51.60%*
- Average loan amount: $1,085,177
- Number of Counties: 27
*calculated when loans are initially funded
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Featured Property:
Location: Menlo Park, California
Loan Type: Bridge Loan
Lien Position: 1st
Losn-To-Value: 17.78%
Loan Amount: $1,200,000
Description: The subject property is a residential home with 3,082 sq ft on a sizable lot of 14,950 sq ft. Year built: 1959. It has 4 bedrooms, 2 1/2 bathrooms. Ranch style on a quiet street in an established neighborhood with custom architecture. Modern kitchen appliances, dual pane windows, fireplace, large two car garage with built-in cabinets. Backyard has a built-in gas grill and fireplace with a flagstone paved sitting area for entertaining.
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Property Types:
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Past 12 months Annualized Returns:
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