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Aug 17, 2015 8:23 EST

The Broadmark Real Estate Lending Fund II: an unleveraged, no-load, evergreen fund that writes short-term, first position loans secured by real estate in the Mountain West

iCrowdNewswire - Aug 17, 2015

The Broadmark Real Estate Lending Fund II

About this Fund

The Broadmark Real Estate Lending Fund II (“BRELF II” or “Fund II”) is an unleveraged, no-load, evergreen fund that writes short-term, first position loans secured by real estate in the Mountain West. The goal of the Fund is to provide investors with a high-yield debt instrument while minimizing the risk of principal loss and maintaining near-term liquidity.

BRELF II invests in short-term, first lien notes issued against real estate projects in the Mountain West (Colorado, Utah, Wyoming) with Denver as the core market.Structurally, Fund II is a clone of Fund I, the Pacific Northwest Lending Fund, which has a four year audited track record of consistent monthly returns in excess of 11% annualized since inception. After having been in the Denver market for six months, we can report that BRELF II is generating the returns that our investors have come to expect.

Key Points

  • While we work toward and acheive high returns, our first consideration is protection of capital
  • Fund acts like a “bank” for builders and developers
  • Writes first position, unleveraged loans only, with loan to value ratios no greater than 65%
  • Same structure and management team as the Pyatt Broadmark Lending Fund, which has a four year audited track record of consistent monthly returns in excess of 11% annualized since inception
Contact Information:

Broadmark Real Estate Management, LLC

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