Sortis Holdings, Inc.'s Income Fund Sees Net Return of 7.1%, Inflows of $13 Million During First Quarter 2020 -- Spotlight Growth
Sacramento, California--(Newsfile Corp. - May 8, 2020) - Spotlight Growth has published new content on Sortis Holdings, Inc. (OTC Pink: SOHI) ("SOHI" or the "Company"), a Portland, Oregon-based alternative investment firm with a primary focus on real estate. This includes managed funds, with positions in both debt and equity opportunities. The Company's diversified business model spans fund management, lending, development, advisory & more.
The content provides an overview of Sortis Holdings, its latest news, funds overview, and further analysis.
Sortis Income Fund Produced Positive Return in Q1 2020 As REITs Cratered
The Sortis Income Fund (SIF) is an unleveraged mortgage fund, which primarily focuses on short-term notes that are backed by real estate. Sortis Holdings recently announced that the SIF produced a net annualized return of 7.1% during the first quarter 2020.
This compares to publicly-traded real estate investment trusts (REITs), which saw even greater losses than the stock market overall. The MSCI U.S. REIT Index, a key benchmark index, saw total returns of -26.99% during the first quarter 2020.
Strong comparative performance and a strong focus on principal protection could be a potential explanation behind the SIF's inflows of $13 million during Q1.
"In an environment where the stock market has dropped significantly, REIT valuations have plummeted and other funds are paying little to no dividends, we take pride in delivering a solid return to our investor base," notes Jef Baker, SIF managing director. "It is a volatile environment like this that validates the SIF's number one goal of principal protection. We kept dry powder on the sidelines all through March, which slightly lowered our yields for Q1. That patience should pay dividends in Q2 as we are already seeing once in a cycle lending opportunities."
Overall, the Sortis portfolio management team continues to see the SIF's loan holdings performing well and remain confident in the underlying real estate-backed deals.
SOHI Management Positioning to Capitalize on Real Estate Opportunities
The Sortis Holdings management team, led by CEO Jef Baker and Chairman Paul Brenneke, have released a series of updates recently detailing of the company's positioning as a result of the COVID-19 outbreak.
Recently, Sortis released an outline of its COVID-19 investment strategy and provided great insight on the company's outlook during the Sortis Economic Forecast with Dr. Bill Conerly webinar. Anyone interested in Sortis, the overall economy, and real estate are encouraged to watch a playback of the webinar: https://sortis.com/blog/sortis-economic-forecast-with-dr-bill-conerly/
For more information on Sortis Holdings, Inc., please visit: https://sortis.com/ and https://spotlightgrowth.com/index.php/2020/05/07/sortis-holdings-inc-s-otc-pink-sohi-income-fund-outperforms-reits-and-broader-market-during-first-quarter-2020/
SpotlightGrowth.com is a digital hub for micro-caps, small-caps, venture capital, private equity, crowdfunding, cryptocurrency, and other emerging growth investors. SpotlightGrowth.com serves as our media subsidiary and provides insights on small cap companies. Follow us on social media: Twitter; Facebook; Instagram; Reddit; and YouTube.
Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement.
All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated ten thousand dollars for the creation and dissemination of this content.
This material does not represent an investment solicitation. Certain statements contained herein constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company's plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company's industry, management's beliefs and certain assumptions made by management.
The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions.
Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: http://spotlightgrowth.com/index.php/disclosures/
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/55577