Stonecrest
StonecrestFund Type: Private Mortgage Lending
Fund inception: 2010
Traditionally, people have looked to residential real estate as a source of easy credit and did not tap into the equity available in commercial or investment properties. The market has shifted, and now that “new” source of equity is being utilized. In response, Stonecrest is taking advantage of lending opportunities in equity-rich, realistically priced residential, commercial, and investment properties for qualified borrowers.
Stonecrest has taken the market experience and strategic approach that made our Private Capital Fund a success and applied them to the Secured Income Fund II. Our goal is to grow the Fund portfolio while delivering stable yields and minimizing risk. Secured Income Fund II offers investors healthy returns on loans with attractive loan-to-value ratios, which translates into lower risk.
Fund managers solicit, underwrite, process, and fund private money loans for commercial and residential borrowers in California. The Fund has produced a stable yield since inception – outperforming income markets and competitors.
Secured Income Fund II, LLC is modeled on our successful Private Capital Fund (est. 2004). Our proven underwriting guidelines are the same for both funds:
- Ensure that there is sufficient equity in the underlying property
- Ensure that our borrowers are financially able to make their loan payments
- Identify our borrowers’ exit strategies in advance
- Perform thorough internal appraisal and review of property
- Secure stable yield for fund investors
- Cross-collateralize when possible for additional security
- Place emphasis on income producing properties that generate positive cash flow
- Avoid overexposure to a single borrower
- Stay sensitive to average loan amounts relative to the overall value of fund
- Stable yields.
- Intra-fund diversification to minimize overall portfolio risk.
- Safe positions in equity-strong properties.
- Choice between income or compounding distribution.
- Qualification for 401K, IRA, and pension plans.
- Professional full-service account management.
Fund News: Secured Income Fund – Q2 2017
Performance Report: As of 6/30/17: Year-to-date annualized return: 7.65% Number of loans: 135 Gross loan portfolio dollars: $93,274,281 (73.64% in 1st and 26.36% in 2nd position) Average loan-to-value: 52.13%* Average loan amount:$690,921* *calculated when loans are initially funded Featured Property: Our featured property this quarter involves 2 homes.The first is located at 15 Estates Drive, […]
Fund News: Secured Income Fund – Q1 2017
Performance Report: As of 3/31/17: Year-to-date annualized return: 7.64% Number of loans: 132 Gross loan portfolio dollars: $90,019,752 (76.23% in 1st and 23.77% in 2nd position) Average loan-to-value: 50.44%* Average loan amount:$681,968* *calculated when loans are initially funded Featured Property: Our featured property this quarter is located at 22855 Bravo Place, Salinas, California. This 3-bedroom, […]
Fund News: Secured Income Fund – Q4 2016
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 Featured Property: Our featured property this quarter is located at 1403 Willard Street […]
Fund News: Secured Income Fund – Q3 2016
Performance Report: As of 9/30/16: Third quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 102 Gross loan portfolio dollars: $70,408,575 (84.61% in 1st and 15.39% in 2nd position) Average loan-to-value: 50.07%* Average loan amount:$690,280 *calculated when loans are initially funded Featured Property: Our featured property this quarter is located a 9249 Burton Way, […]
Fund News: Secured Income Fund – Q2 2016
Performance Report: As of 6/30/16: Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 92 Gross loan portfolio dollars: $56,213,077 (86.31% in 1st and 13.69% in 2nd position) Average loan-to-value: 48.15%* Average loan amount:$611,012 *calculated when loans are initially funded Featured Property: Our featured property this month is located at 57 Via […]
Fund News: Secured Income Fund – Q1 2016
Performance Report: As of 3/31/16: First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 91 Gross loan portfolio dollars: $47,561,616 (91.46% in 1st and 8.54% in 2nd position) Average loan-to-value: 48.38%* Average loan amount: $522,655 *calculated when loans are initially funded Featured Property: 6298 Snell Avenue, San Jose, CA, is a 2,508sqft, […]
Fund News: Secured Income Fund – Q4 2015
Performance Report: As of 12/31/15: Fourth quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 92 Gross loan portfolio dollars: $41,160,796(87.70% in 1st and 12.30% in 2nd position) Average loan-to-value: 46.90%* Average loan amount: $447,400 *calculated when loans are initially funded Featured Property: This El Cerrito home is a 2-story, 1,020sqft single family […]
Fund News: Secured Income Fund – Q2 2015
Performance Report: As of 6/30/15: Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 83 Gross loan portfolio dollars: $32,525,142(83.12% in 1st and 16.88% in 2nd position) Average loan-to-value: 44.65%* Average loan amount: $391,869 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located at 2597 South […]
Fund News: Secured Income Fund – Q1 2015
Performance Report: As of 3/31/15: First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 92 Gross loan portfolio dollars: $30,432,165(77.69% in 1st and 22.31% in 2nd position) Average loan-to-value: 44.42%* Average loan amount: $330,784 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located at 175 Lewis Road, […]
Fund News: Secured Income Fund – Q4 2014
Performance Report: As of 12/31/14 : Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 80 Gross loan portfolio dollars: $25,258,409(87.29% in 1st and 12.71% in 2nd position) Average loan-to-value: 46.71%* Average loan amount: $315,730 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located at 18255 Clemson […]
Fund News: Secured Income Fund – Q3 2014
Performance Report: As of 9/30/14 : Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 80 Gross loan portfolio dollars: $22,116,746(84.47% in 1st and 15.53% in 2nd position) Average loan-to-value: 47.57%* Average loan amount: $276,459 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located at 7778 Lilac […]
Fund News: Secured Income Fund – Q2 2014
Performance Report: As of 6/30/14 : Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 80 Gross loan portfolio dollars: $20,203,109(84% in 1st and 16% in 2nd position) Average loan-to-value: 47.80%* Average loan amount: $252,539 *calculated when loans are initially funded Featured Asset: This 1,546 sqft one-story, single family home has 3 bedrooms and […]
Fund News: Secured Income Fund – Q1 2014
Performance Report: As of 3/31/14 : First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 67 Gross loan portfolio dollars: $16,928,981 (91.98% in 1st and 8.02% in 2nd position) Average loan-to-value: 48.12%* Average loan amount: $252,671 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located at 22 […]
Fund News: Secured Income Fund – Q4 2013
Performance Report: As of 12/31/13: Fourth quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 59 Gross loan portfolio dollars: $15,176,351 (96.9% in 1st and 3.1% in 2nd position) Average loan-to-value: 48.25%* Average loan amount: $257,226 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is located in an […]
Fund News: Secured Income Fund – Q3 2013
Performance Report: as of 9/30/13 Third quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 46 Gross loan portfolio dollars: $11,029,203 (100% in 1st and 0% in 2nd position) Average loan-to-value: 46.68%* Average loan amount: $239,765 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is a multi- tenant […]
Fund News: Private Capital Fund – Q2 2013
Performance Report: As of 06/30/13: • Second quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 100 • Gross loan portfolio dollars: $38,888,126 (66.44% in 1st and 33.56% in 2nd position) • Average loan-to-value: 43.02%* • Average loan amount: $388,881 *calculated when loans are initially funded Featured Asset: The featured property this […]
Fund News: Secured Income Fund – Q2 2013
Performance Report: as of 6/30/13 Second quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 40 Gross loan portfolio dollars: $10,243,972 (100% in 1st and 0% in 2nd position) Average loan-to-value: 44.94%* Average loan amount: $271,435 *calculated when loans are initially funded Featured Asset: Our featured property this month is a medical office […]
Fund News: Private Capital Fund – Q1 2013
Performance Report: As of 03/31/13: • First quarter average return: 7.2% • Year-to-date annualized return: 7.2% • Number of loans: 108 • Gross loan portfolio dollars: $36,472,298 (64.8% in 1st and 35.2% in 2nd position) • Average loan-to-value: 42.68%* • Average loan amount: $337,706 *calculated when loans are initially funded Featured Asset: Our featured property this […]
Fund News: Secured Income Fund – Q1 2013
Performance Report: as of 3/31/13 First quarter average return: 7.75% Year-to-date annualized return: 7.75% Number of loans: 25 Gross loan portfolio dollars: $7,743,025 (100% in 1st and 0% in 2nd position) Average loan-to-value: 38.64%* Average loan amount: $309,721 *calculated when loans are initially funded Featured Asset: Our featured property this quarter is a Victorian style, […]
| Annualized Rate of Return | |
|---|---|
| 2016 | 7.75% |
| 2015 | 7.75% |
| 2014 | 7.75% |
| 2013 | 7.75% |
| 2012 | 7.75% |
| 2011 | 7.75% |
| 2010 | 7.75% |
| Portfolio Highlights* | |
|---|---|
| Gross Loan portfolio dollars | $93,274,281 |
| Loans in the portfolio | 135 |
| Average loan amount | $690,921 |
| First liens | 73.64% |
| Second liens | 26.36% |
| Average loan-to-value | 52.13% |