Stonecrest
StonecrestPerformance 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.
Property Types:
Past 12 months Annualized Returns:
| Month | Income Partner | Growth Partner |
|---|---|---|
| July, 2020 | 7.13% | 7.37% |
| August, 2020 | 7.18% | 7.42% |
| September, 2020 | 7.08% | 7.31% |
| October, 2020 | 7.11% | 7.35% |
| November, 2020 | 6.93% | 7.15% |
| December, 2020 | 6.97% | 7.20% |
| January, 2021 | 6.74% | 6.95% |
| February, 2021 | 6.52% | 6.72% |
| March, 2021 | 6.57% | 6.77% |
| April, 2021 | 6.57% | 6.77% |
| May, 2021 | 6.87% | 7.09% |
| June, 2021 | 6.78% | 6.99% |