SALT LAKE CITY, UT and LAS VEGAS, NV--(Marketwire - Oct 18, 2011) - Salt Lake City and Las Vegas-based real estate investment firm Taylor Capital Group has released the first quarterly earnings report for the recently launched Mountain West Debt Fund™ (the "Fund") showing that investors in the Fund earned a 3.59 percent return in the third quarter, 2011. Per the Fund's organizational documents and its standard practice, all returns were distributed to the investors in the form of monthly "dividends."
"We are pleased with the quarterly results of the Mountain West Debt Fund, especially when compared with average returns of other, more traditional investment vehicles," said Mark Taylor, Principal and Managing Director of the Mountain West Debt Fund.
"For our investors we provide something that is unique in the industry: A private fund structure that provides investors with a diversified pool of real estate loans, with much of the same transparency you'd get with a public real estate fund including a third-party audit, and monthly distributions," Taylor said.
The Mountain West Debt Fund fills a gap in the real estate lending market. The Fund's strategy is to pool investor capital to provide short-term, private funding to established real estate developers, enabling them to acquire, complete or maintain their development projects.
"Because traditional sources of lending capital have become extremely limited, our mission with the Mountain West Debt Fund is to provide a necessary service to builders, namely access to sophisticated financing at a reasonable rate."
The Mountain West Debt Fund is a Delaware limited partnership organized by an experienced team of real estate investment professionals, led by Taylor and Managing Director Rocky Derrick. For more information on Taylor Capital Group or the Mountain West Debt Fund, visit www.tcapitalgroup.com or call (801) 415-0024.
This is not an offer to sale or a solicitation to purchase securities. This is for informational purposes only. Investing in real estate poses risks related to economic conditions as well as risks related to individual properties, credit, and interest-rate fluctuations. These risks, among others, may result in greater value volatility. There is no guarantee the Mountain West Debt Fund will meet its objective. Past performance is not indicative of future performance.
Contact Information:
Contact:
Paul Speirs
Steinbeck Communications
P (702) 413-4278
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T @steinbeckcomm