The management team that created the Pyatt Broadmark Real Estate Lending Fund I is proud to once again offer their second fund, the Broadmark Real Estate Lending Fund II, on the RealCrowd platform.
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, Arizona) with Denver as the core market. Structurally, Fund II is a clone of Fund I, the Pacific Northwest Lending Fund, which has a five year audited track record of consistent monthly returns in excess of 11% annualized since inception. BRELF II has been operating in the Denver market since April 2014, and Broadmark can report that BRELF II is generating the audited returns that their investors have come to expect.