Wilshire Finance Partners Raising Funds For New Mortgage Pool Fund

Los Angeles-based Wilshire Finance Partners is raising $100 million for a mortgage pool fund, for making commercial property loans.

Specialists in short-term, hard-money loans, Wilshire Finance Partners is dedicated to preserving investment capital, maintaining a target goal of 9%-12% annualized returns, and generating a predictable monthly cashflow for its investors, says Kevin DeMeritt, president.

Investors risk is reduced through a diversified first-trust deed loan portfolio and a low loan-to-value target of 65%, with a 35% protective equity position for investors. In addition, the company's proprietary Loan Assessment and Success Ranking model further helps to ensure the success of invested principal by evaluating a loan's prospects.

Source: Wilshire Finance Partners

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