Bridge Mortgage Fund
Sierra Peak is currently raising equity for its latest fund, Bridge Mortgage Fund. Sierra Peak is seeking to raise $100MM from qualified investors with closings held each month. See below for fund summary:
1st Trust Deed Notes
Single / Small Multi Family Residential
Preferred Return: 8%
12 - 24 month loans
Business purpose loans
Focused States Heavily Weighted On West Coast – CA, OR, WA, ID, TX, UT, and select other states.
60 day redemption of capital, upon availability
Pooled Fund of mortgages to hedge risk
Average Loan to Value of 70% or less
Experienced Management Team
Proprietary Deal Flow of Loans
Investor Benefits
Proprietary deal flow through large originator
Diversification in a pool of Notes
High preferred rate of return
Secured by First Trust Deeds
Consistent deal flow
Timely principal return
Visibility to performance through platform
Direct equity ownership of the fund
Ability to invest qualified retirement funds
Loan Criteria
Specific Targeted Markets
1st Trust Deeds
Business Purpose Loans
Borrower With Strong Credit Score
75% or lower after repair LTV
12 to 24 months Loans
Locations
Local Teams
California
Oregon
Washington
Idaho
Texas
Utah
Other Select States