[su_spacer size=”10″]Performance Report:

As of 9/30/17:

  • Year-to-date annualized return: 7.67%
  • Number of loans: 147
  • Gross loan portfolio dollars: $96,429,936 (74.90% in 1st and 25.10% in 2nd position)
  • Average loan-to-value: 52.36%*
  • Average loan amount:$655,986*

*calculated when loans are initially funded

[su_spacer size=”10″]

Featured Property:
Our featured property this quarter is located at 2763 Buena Point Court, in San Jose, This condo unit is 2 stories, has 3 bedrooms, 2 bathrooms, and is 1216sqft. It has a covered balcony, an open patio, a fireplace, and a double car garage. It is part of a 360-unit development, which features a playground and pool, and is located in the Evergreen area of San Jose.

Our borrower is in the real estate business and is an active investor. She has accumulated various properties over time and owned this property free and clear. She wanted a $400k line of credit from Stonecrest in order to take advantage of further real estate opportunities. She is a past client of ours and has a good track record. We gave her the credit line in first position on the property, which was appraised at $665k. This put us at a 60% loan to value – another great addition to the fund!

[su_spacer size=”20″]

Property Types:

[su_spacer size=”10″]

Past 12 months Annualized Returns:

[su_spacer size=”10″]

[table id=93 /]

The owner of this website has made a commitment to accessibility and inclusion, please report any problems that you encounter using the contact form on this website. This site uses the WP ADA Compliance Check plugin to enhance accessibility.