Assets Under Mgmt
$84.2M
↑ 12.3% YTD
Active Loans
31
↑ 4 this quarter
Avg Portfolio IRR
14.6%
↑ 0.8 pts vs prior
30-Day Collections
$1.18M
↑ 2 late payments
Deal Pipeline — Recent Activity
Activity Feed
Top Investors
Loan Mix & Monthly Volume
Bridge
42% · $35.4M
Construction
28% · $23.6M
Fix & Flip
18% · $15.2M
Multifamily
12% · $10.1M
Monthly Originations vs Collections
Jan
Feb
Mar
Apr
Originations
Collections
Screening
3
Underwriting
2
Approved
3
Funded
6
Outstanding Balance
$84.2M
↑ 12.3% YTD
Avg LTV
66.4%
Within policy
Avg Interest Rate
11.8%
Fixed rate
Maturing in 90d
4
$9.2M due
Total Borrowers
24
↑ 3 this qtr
Avg FICO Score
718
↑ 12 pts
Repeat Borrowers
61%
↑ 5% YoY
Default Rate
1.2%
↓ 0.3%
Total Committed
$69.5M
↑ $5M this qtr
Deployed
$58.4M
84% utilized
Avg Net Yield
11.7%
↑ 0.4 pts
Distributions YTD
$3.9M
On schedule
Due This Month
$1.34M
18 payments
Collected
$1.18M
88% of schedule
Overdue
$160K
2 borrowers →
Upcoming (7d)
$340K
4 payments
New Draw Request
Pending Draws
Recently Funded
Total Docs
347
↑ 12 this week
Pending Signatures
6
Action required
Expiring (30d)
3
Insurance certs
Storage
2.4 GB
of 10 GB
Net IRR (YTD)
14.6%
↑ 0.8 pts vs prior
Cash on Cash
11.2%
↑ 1.1 pts
Loan Loss Reserve
$842K
1.0% of AUM
Delinquency Rate
3.2%
↑ 0.4% vs prior
Portfolio Health by Loan Type
Bridge Loans (42%)IRR 13.1% · $35.4M
Construction (28%)IRR 15.8% · $23.6M
Fix & Flip (18%)IRR 16.2% · $15.2M
Multifamily (12%)IRR 10.1% · $10.1M
Key Metrics
Avg Loan Size
$2.7M
Avg Loan Term
14 mo
Avg LTV
66.4%
Default Rate
1.2%
Originations YTD
$44M
Payoffs YTD
$12.1M
Avg Loan Count
31
Total Investors
5 LPs