by Erika Luitjens | Feb 15, 2018 | CIG Quarterly Newsletter, Fund News
With this newsletter, you will receive your final distribution for the Capital Income & Growth Fund, LLC. We opened the fund in 2014 in order to continue to take advantage of real estate market opportunities. The fund officially closed on March 31st, 2017, and...
by Erika Luitjens | Nov 14, 2017 | CIG Quarterly Newsletter, Fund News
Our real estate sales department was very active in the third quarter, selling forty-two properties and working towards liquidating the rest of Capital Income & Growth Fund by the end of this year. We still have a handful of non-performing notes that are in...
by Erika Luitjens | Jul 30, 2017 | CIG Quarterly Newsletter, Fund News
The real estate market across most of the United States has been strong. This is good news for all of Stonecrest’s funds and Capital Income & Growth Fund is no exception. Our REO team really hustled and was able to sell twenty-two properties as well as get another...
by Erika Luitjens | May 5, 2017 | CIG Quarterly Newsletter, Fund News
Sales of real estate slows during the winter months, especially in the mid-west and eastern parts of the country. With that being said, our sales team was able to sell twenty-four REO’s and five non-performing notes. We are looking forward to a robust selling season...
by Erika Luitjens | Dec 31, 2016 | CIG Quarterly Newsletter, Fund News
The Capital Income & Growth Fund will be winding down in 2017, with distributions of shareholder capital coming at each quarter end starting in Q1 and ending in Q4. Stonecrest was considering opening a new distressed asset fund but hesitated because of concerns...
by Erika Luitjens | Sep 30, 2016 | CIG Quarterly Newsletter, Fund News
For the third quarter, our sales team was able to liquidate thirty nine REO assets, as well as sell forty low-value mortgages from our inventory. We have continued to purchase a handful of bay area properties from our tax delinquent marketing program. These...