Fund News: Secured Income Fund – Q1 2014
Performance Report: As of 3/31/14 : First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 67 Gross loan portfolio dollars: $16,928,981 (91.98% in 1st and 8.02% in 2nd position) Average loan-to-value: 48.12%* Average loan amount: $252,671 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located at 22