SAN DIEGO--(BUSINESS WIRE)--Wilshire Quinn Capital, Inc. announced Friday that its private mortgage fund, the Wilshire Quinn Income Fund, has returned 8% to their investors for the 7th consecutive year. Wilshire Quinn’s returns are unlevered and they have paid a monthly interest distribution to their investors for 84 consecutive months.
Wilshire Quinn, based in San Diego, CA, is a portfolio lender which funds short-term real estate loans in first lien position.
“Our successful track record is closely linked to our attention to detail. We lend on properties with substantial amounts of equity, which are located in major metropolitan areas and coastal regions. We fund our loans quickly and our borrowers appreciate our rapid underwriting process,” said Christopher M. Garcia, Chief Executive Officer of Wilshire Quinn Capital, Inc.
While the financial markets continue to experience increased volatility, Wilshire Quinn’s disciplined investment approach has proven to be a benefit for fixed income investors looking for risk adjusted returns and passive income.
Added Garcia, “Our fund has a low correlation to the equity and bond markets. We pride ourselves on our ability to create a secured portfolio of loans, with a low default rate, which in turn creates consistent dividend payouts for our investors.”
Wilshire Quinn provides financing on a wide variety of property types including office, retail, industrial, mixed-use, multi-family, and non-owner occupied SFRs. Wilshire Quinn originates loans ranging from $200,000 to $10,000,000 and works with commercial and residential borrowers nationwide who are looking to purchase or refinance an investment property quickly.
Loans are made or arranged by Wilshire Quinn Income Fund, LLC pursuant to California Finance Lenders Law license #603J060. Wilshire Quinn Capital, Inc. serves as manager of the Wilshire Quinn Income Fund, LLC. The Fund is available to Accredited Investors only. Nothing contained in the information above is an offer or solicitation for the purchase or sale of any security. Any such offer to purchase securities will be made only through the Private Placement Memorandum of the Wilshire Quinn Income Fund, LLC. Results are not guaranteed and are subject to risks. Past performance is not indicative of future returns or results.