PORTLAND, Ore. – Jan.23, 2019 – Sortis Income Fund LLC announced a 10.2% net annualized return to its investors for the fourth quarter of 2019, and a 10.7% net annualized return for 2019. The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis HoldingsRead more
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-yearRead more
PORTLAND, Ore. – Dec. 3, 2019 – Sortis Income Fund LLC 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 Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate,Read more
PORTLAND, Ore. – Sept. 18, 2019 – OFFICE SERVES DUAL ROLE WITH CONCURRENT APPOINTMENT AS PRESIDENT OF SORFI LLC Mike Ferguson has been named fund officer of the Sortis Income Fund, a real estate mortgage fund managed by Sortis Holdings Inc. (SOHI). With more than 20 years of experience, Ferguson oversees the fund’s loan operationsRead more
PORTLAND, Ore. – Aug. 28, 2019 – PRIVATE EQUITY FIRM PROVIDES FUNDING FOR 210-UNIT SENIOR LIVING DEVELOPMENT IN TUKWILA, WASHINGTON Sortis Holdings Inc. (SOHI), a Portland, Oregon-based private equity firm, closed on equity funding for Tukwila Village Phase II, a mixed income senior living development in Tukwila, Washington. Sortis invested capital from its $100 millionRead more
PORTLAND, Ore. – Aug. 26, 2019 – The Sortis Income Fund has been approved by Charles Schwab and is now accessible to registered investment advisors and broker-dealers via the Charles Schwab Advisor Center technology platform. The Sortis Income Fund, a $100 million real estate mortgage fund that holds short-term notes collateralized by real estate, is managedRead more
PORTLAND, Ore. – July 30, 2019 – Sortis Income Fund LLC announced an 11.45% net annualized return to its investors for the second quarter of 2019, and an 11.39% net annualized return year-to-date. The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc.Read more
PORTLAND, Ore. – April 29, 2019 – Sortis Income Fund, LLC announced today an 11.33% net annualized return to its investors for the first quarter of 2019. The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI) and its wholly ownedRead more
PORTLAND, Ore. – March 20, 2019 – The Sortis Income Fund has been approved by Fidelity and National Financial Services and is now accessible to registered investment advisors and broker-dealers via the Fidelity Wealthscape technology platform. The Sortis Income Fund, a $100M real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis HoldingsRead more
Seattle, WA – Jan. 2, 2019 – The Revitalization of 300 Pine, a redevelopment of the flagship downtown Seattle Macy’s for Starwood Capital Group led by Sortis Holdings’ affiliate Third & Pine LLC, has been named the National Association of Industrial and Office Properties’ (NAIOP) Top Redevelopment/ Revitalization Project of The Year for 2018. 300 PineRead more
KANSAS CITY, Mo. – Feb. 6, 2018 – MedZERO Inc. has launched a medical payment platform that provides employees access to zero-interest, zero-fee advances to cover out-of-pocket health care expenses. MedZERO is a voluntary employee benefit that provides immediate mobile access to funds to pay for medical costs via an electronic Mastercard®. The advances areRead more
July 21, 2017 – Sortis Capital, a boutique advisory firm specializing in financial and real estate services sector coverage served as the exclusive advisor to Temple View Capital, LLC on a $50 million joint venture with a Wall Street private equity firm. Established in 2017, and based in Bethesda, MD, Temple View Capital is aRead more
March 30, 2017- Sortis Holdings Inc. (SOHI) has acquired ClearSpring Loan Services, a special servicer headquartered in Dallas, Texas. ClearSpring has more than $2 billion in assets under management and is a currently vendor for top-tier banks, hedge funds, private investors and government-sponsored enterprises. The company is licensed as a servicer, lender and debt collector.Read more
January 6, 2017- Merchants Bancorp and its wholly owned subsidiary MBank has completed the sale of its’ banking assets to Riverview Community Bank. Riverview has acquired approximately $116 million in assets from Merchants Bancorp. The three MBank branch offices, in Gresham, Portland and Lake Grove, will become Riverview branches when the transaction closes. Subsequent toRead more