Stonecrest has been actively marketing and selling Strategic Realty Fund’s remaining assets, comprised of both non-performing loans and REO’s.

Though we have made good progress, some real estate areas of the country are experiencing a slow down in activity, with houses sitting for more days on the market before finally selling. We are in the due diligence process with a handful of buyers for our remaining non-performing note pools.

While being patient and strategic, Stonecrest’s goal is to have all remaining assets sold by the end of this year.


Featured Asset:


Our featured property this quarter is a 1,680 sqft single family, ranch-style home located at 183 West 500 North in Anderson, Indiana. Built in 1999, it has 2 bathrooms and a partially finished basement. It sits on a 7.43-acre lot.

Investment Stats (rounded):

  • REO Purchase Price: $67,395
  • Expenses: $36,898
  • Sold Retail:$143,000
  • Gross Profit: $38,707



Fund Performance:

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