Performance Report:
- Year-to-date annualized return: 6.69%
- Number of loans: 179
- Gross loan portfolio dollars: $210,517,399 (77.58 % in 1st and 22.42 % in 2nd position)
- Average loan-to-value: 51.71%*
- Average loan amount: $1,176,074
- Number of Counties: 29
*calculated when loans are initially funded
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Featured Property:
Location: Menlo Park, California
Loan Type: Bridge Loan
Lien Position: 1st
Loan-To-Value: 50.72%
Loan Amount: $3,500,000
Description: The subject property is a residential home located in Menlo Park, CA. Built in 1954, this two-story house has 5 bedrooms, 4.1 bath with 2,680 sqft of living area and a two car garage.
Crossed with departing property located in the Noe Valley neighborhood of San Francisco, CA. A remodeled Victorian-era home with 3 bedrooms and 4.5 bath over 2,715 sqft with an open floor plan and private deck with bay views.
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Property Types:
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Past 12 months Annualized Returns:
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