PORTLAND, Ore. – Dec. 2, 2019 – Equity membership units in the $100 million Sortis Income Fund are now available to accredited investors via the TD Ameritrade platforms.
The Sortis Income Fund, an unleveraged real estate-backed debt fund focused on generating high-yield fixed-income returns, is managed by Sortis Holdings Inc. (SOHI). The fund has a three-year track record of providing 11% average annual returns to investors.
Sortis Holdings in October announced a 10.5 % net annualized return to its investors for the third quarter of 2019, and an 11.00% net annualized return for the year to date. The fund returned 12.24% to investors on an annualized basis in 2017, and 11.12% on an annualized basis in 2018, exceeding the fund’s 10% to 11% target return for investors.
“As the Sortis Income Fund continues to grow, we’re pleased to also continue to grow its accessibility for our investors by adding investment capabilities through TD Ameritrade accounts,” said Jef Baker, Sortis Income Fund managing director. “This, along with Fidelity and Schwab account accessibility, is helping to bring the Sortis Income Fund to an increasing number of investors.”
TD Ameritrade provides investing services and education to approximately 12 million client accounts totaling approximately $1.3 trillion in assets, and custodial services to more than 7,000 registered investment advisors. TD Ameritrade executes an average of approximately 800,000 trades per day, more than a quarter of which come from mobile devices.
About Sortis Holdings
Sortis Holdings is a private investment firm with a primary focus on real estate, both as a lender and direct investor. With its roots as a former bank holding company, Sortis has evolved into a diversified firm that both lends and opportunistically invests in real estate, with a focus on the Western U.S. Since real estate and financial markets are constantly evolving, the firm’s ability to move between asset classes and positions in the capital stack makes it nimbler than its competitors. For example, Sortis launched a $100 million opportunity zone fund in January 2019, created to take advantage of a provision in the Tax Cuts and Jobs Act that allows accredited investors to benefit from one of the most advantageous capital gains tax reduction programs in a generation. Operating under the principles of client focus, integrity, hard work and creativity, Sortis Holdings provides its accredited investors with well-managed, diverse asset-based investment strategies. Learn more at SortisHoldings.com.