Investment Portfolio · Income
PEER-TO-PEER LENDING · SECURED LENDING · B-NOTES
PREFERRED SECURITIES · BUSINESS DEVELOPMENT COMPANIES
RETAIL REAL ESTATE DEVELOPMENT LOANS · TAX LIENS
Introduction to Income
Investors are starved for income. Banks pay little interest; the 5 year note pays less than 1.6% and the ten year less than 2.1%. High yield bonds are better, with an average of around 5.5%, but after a strong 5 year run, the yield does not necessarily compensate for the risk being taken.
Our goal is to identify higher yielding opportunities with good risk/reward characteristics. Clients in the income series will be investing in secured loans, peer to peer lending, BDCs, and other alternative higher yielding investments. When we deem it appropriate, we will use options to hedge interest rate or systemic risk.
The income series will focus on higher yielding fixed income investments and provide greater liquidity and a shorter term time frame than our growth series. The growth series will focus on private equity, distressed real estate, and other more illiquid and longer term assets.
Thus the Growth Series was born.
Secured Loan
Darien Business Center
A specialty finance company that is providing short-term loans collateralized by real estate or other quick-sale collateral. The bridge loans are designed as an interim solution prior to the client obtaining long-term financing.
The finance company specializes in providing asset based financing to seasoned real estate operators for their short-term capital needs, and identifies lending opportunities secured by income producing real estate in metropolitan areas throughout the United States.
Bain Capital
Bain Specialty Finances
Bain Capital Specialty Finance ("BCSF") intends to target diversified exposure across regions and sectors with a focus on middle market senior direct lending transactions. Bain Capital Credit has invested over $2.5 billion in senior direct lending transactions since 1999 and prides itself as flexible, disciplined investor that attracts other lenders seeking a partner.
SDG Dubuque
The Infinite Alpha fund lent money to the Shorewood Development Group to fund a property in Dubuque, IA. Dubuque, the 10th largest city in Iowa, is traditionally known for manufacturing but a recent presence in health care, education and tourism has been driving Dubuque to have the 22nd fastest-growing economy nationally.
Secured Loan
Shoppes at International Place
A specialty finance company that is providing short-term loans collateralized by real estate or other quick-sale collateral. The bridge loans are designed as an interim solution prior to the client obtaining long-term financing.
The finance company specializes in providing asset based financing to seasoned real estate operators for their short-term capital needs, and identifies lending opportunities secured by income producing real estate in metropolitan areas throughout the United States.
Secured Loan
Abbey Glenn Apartments
A specialty finance company that is providing short-term loans collateralized by real estate or other quick-sale collateral. The bridge loans are designed as an interim solution prior to the client obtaining long-term financing.
The finance company specializes in providing asset based financing to seasoned real estate operators for their short-term capital needs, and identifies lending opportunities secured by income producing real estate in metropolitan areas throughout the United States.
SDG Golf
(Woodfield Mall Schaumburg, IL)
Shorewood Development Group (SDG) is under contract to purchase a high profile 4.5 acre outlot from JC Penny at the NW corner of Woodfield Mall on the southeast corner of Golf and West Drive in Schaumburg, IL. The real estate manager will be constructing two multi-tenant buildings and a pad for a long term ground lease.
Peer-to-Peer Lending
Peer-to-peer loans are unsecured loans that are made by individuals to individuals. They include student loans, commercial and real estate loans, and secured business loans. Transactions are conducted for profit and the lenders get to choose which borrowers to invest in.
There are significant upsides within the peer-to-peer model. Lending can lead to returns several percentage points higher than they would likely be at a bank and the P2P model provides further investment diversification, as consumer lending is an emerging asset class. Moreover, borrowers go through a screening process to narrow down the applicant pool.
