Raising $100 Million For New Commercial Real Estate Mortgage Pool Fund
June 24, 2008 | Reuters.com
LOS ANGELES, CA–Wilshire Finance Partners is raising $100 million for a mortgage pool fund, for making commercial property loans.
Company Targets 10% or Greater Annual Returns
Specialists in short-term, hard money loans, Wilshire Finance Partners is dedicated to preserving investment capital, maintaining a target goal of 9-12% annualized returns, and generating a predictable monthly cash flow for its investors, said Kevin DeMeritt, president.
Investors risk is reduced through a diversified 1st trust deed loan portfolio, and a low loan to value target of 65% with a 35% protective equity position for investors. In addition the company?s proprietary Loan Assessment and Success Ranking
Model (LASR)™ further helps to ensure the success of invested principal by evaluating a loan’s prospects.
Retirees, corporations, charitable institutions, insurance companies, medical and professional individuals and others interested in a higher yielding investment opportunity that can offer tax benefits, and a choice of cash distributions or automatic reinvestment should consider investing in mortgage pools, explained DeMeritt.
Headquartered in Los Angeles, CA, Wilshire Finance Partners, an asset-based commercial real estate lending institution, is located at 1990 S. Bundy Dr. #630; Los Angeles, 90025. Phone: 866-575-5070; 310-736-1370; www.Wilshirefp.com.
