Performance Report:
As of 12/31/19:
- Year-to-date annualized return: 7.30%
- Number of loans: 177
- Gross loan portfolio dollars: $166,724,487 (71.30% in 1st and 28.70% in 2nd position)
- Average loan-to-value: 51.32%*
- Average loan amount: $941,946
- Number of Counties: 26
*calculated when loans are initially funded
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Featured Property:
Location: Oakland, CA
Loan Type: Business Loan
Lien Position: 1st
Loan-To-Value: 33.75%
Loan Amount: $2,700,000
Description: The subject property was constructed in 1885. It is a four-story retail/office building with a 25,340-square foot gross building area, as well as a full basement. There are 6 retail storefront units on the ground floor; the second and third floors are built-out as meeting/event space.
The fourth floor is currently attic space.
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Property Types:
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Past 12 months Annualized Returns:
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