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