[su_spacer size=”10″]Performance Report:

As of 12/31/16:

  • fourth quarter average return: 7.75%
  • Year-to-date annualized return: 7.75%
  • Number of loans: 109
  • Gross loan portfolio dollars: $70,393.734 (79.81% in 1st and 20.19% in 2nd position)
  • Average loan-to-value: 48.89%*
  • Average loan amount:$645,814

*calculated when loans are initially funded

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Featured Property:
Our featured property this quarter is located at 1403 Willard Street in San Francisco, California. This 3-story, 3,725sqft home has 4 bedrooms and 2.5 bathrooms. This property was built in 1904 and has been remodeled within the last 5 years. The house is located in the Sunset Heights district where the climate is warm and there is good proximity to major employment centers, parks and public schools.

Our borrower is a successful entrepreneur in the process of selling his second company. He needed a business line of credit until a liquidity event occurred. Stonecrest provided a $1.5M line of credit in first position against his San Francisco home, valued at $3.5M. Given his excellent credit profile and financials, we felt that this 43% loan to value credit line was another great addition to the portfolio.
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Property Types:

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Past 12 months Annualized Returns:

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