[PORTLAND, OR]- Sortis, LLC (“Sortis”), a Portland, Oregon-based alternative investment fund
manager, announced that Sortis Income Fund, LLC produced a net annualized return of 10.03%
during the second quarter of 2022. The Sortis Income Fund (“SIF”) is an unleveraged mortgage fund
that focuses on short-term, first position loans collateralized by real estate.
“Despite rising interest rates, an inflationary environment and a choppy stock market the Sortis
Income Fund continues to demonstrate not only principal protection, but an above-market yield. We
grew 14% in Q2 and annualized that is well over a 50% growth rate as more and more allocators and
investors are discovering our Fund,” said Jef Baker, SIF Managing Director. “Being an unlevered
fund in this environment allows us to provide borrowers with certainty of execution, which in turn
gives us more access to loan deal flow while our levered competitors deal with tightening credit
markets and upstream financial covenants. Our strong balance sheet and liquidity allow us to choose
the most attractive risk-adjusted opportunities resulting in an average 63% loan-to-value on real
estate loan collateral across the portfolio,” added Sam Ross, SIF Managing Director.
The Sortis Income Fund and its other investment offerings are accessible via major national
investment platforms or directly from Sortis at www.sortis.com.
About Sortis Income Fund
Sortis Income Fund is an evergreen real estate loan fund offered through private placement to accredited investors. The fund is managed by Sortis, LLC. The fund has a conservative focus on holding real estate loans. Sortis, with deep roots in the Northwest, has developed a broad network over many years in banking and finance and has earned a reputation as a high-quality private lender that can execute efficiently.
About Sortis, LLC
Sortis, LLC is a leader in diversified alternative investment strategies focused on real estate, lending, and acquisitions. Sortis Funds include the Sortis Income Fund, The Sortis Real Estate Investment Trust, the Sortis Rescue Fund, and Sortis Opportunity Zone Funds. Operating under the principles of client focus, integrity, hard work, and creativity, Sortis, LLC provides its accredited investors with well-managed, diverse asset-based investment strategies. Learn more at sortis.com.