Coastline Capital Fund Management
Every quarter, we provide our investors with a loan level report that contains the current status of each non performing note plus relevant metrics. These metrics are: property type, city and state where the property is located, loan status, purchase date and price, projected liquidation date, total cost basis, UPB, Estimated payoff, property value and comments.
We do not reveal the addresses of the properties backing the notes or the returns until the assets have been fully liquidated. When the non performing note has been liquidated, we add return on investment and annualized return on investment to the reporting
Click on one of the Funds below to view more information about it:
Coastline Capital Fund III
Coastline Capital Fund III, LLC raised $1,590,000 and closed to new investors in December, 2018. The Fund purchased 12 first position, non-performing notes with $2,418,881 in Unpaid Principal Balance (“UPB”), $3,123,021 in Total Collectible Debt, and $2,404,000 in Fair Market Value of collateralized property. The properties that secure these notes are located in Illinois (6), California (2), New Jersey (1), Tennessee (1), Texas (1), and Wisconsin (1).
As of end of 2020 Q1, we have 11 assets left:
1 Re-performing Note
Coastline Capital Fund IV
Coastline Capital Fund IV, LLC raised $1,150,000 and closed to new investors on August 31, 2019. The Fund purchased 5 first position, non-performing notes with $1,280,020 in Unpaid Principal Balance (“UPB”), $1,955,818 in Total Collectible Debt, and $1,494,000 in Fair Market Value of collateralized property. The properties that secure these notes are located in Texas (2), New Jersey (1), Virginia (1), and Nevada (1).
As of the end of 2020 Q1, we have 4 assets left:
Coastline Capital Fund Management LLC
5861 Pine Avenue, Suite B, Chino Hills, CA, 91709, United States
P: (949) 371-6749
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