Taylor Capital Group Reports 17.45 Percent Returns for 2012, Changes Name
Growth in Western New Home Starts Yields Success for Private Capital Strategy
(firmenpresse) - SALT LAKE CITY, UT -- (Marketwire) -- 02/19/13 -- , LLC, previously Taylor Capital Group, LLC, reports fourth quarter returns of 3.75 percent for the LP. The fund's unaudited returns during 2012, its first full year of operations, were 17.45 percent, a reflection of the demand for new construction in the Western United States.
"With new home starts on the rise and access to traditional sources of construction capital constrained, we remain a valuable resource for developers in our community," notes principal and managing director of Taylor-Derrick Capital. "We are working with the premier developers in our area, and we are pleased with each and every loan on our books."
The Mountain West Debt Fund™ consists of pooled, private capital invested in real estate-secured loans to developers in the mountain west states and California. Its clientele is comprised of proven developers seeking to acquire, build or maintain projects in the West.
Mountain West Debt Fund,™ LP consists of pooled capital from private investors. The fund prioritizes capital preservation and carefully selects its clientele. Its structure provides much of the transparency required of public real estate funds, including quarterly reports, a third party audit, and monthly distributions of income to investors. Since its inception, 100 percent of the fund's net profits have been distributed to investors.
LLC, with offices in Salt Lake City, Utah and Henderson, Nevada, is the general partner and investment manager of the Mountain West Debt Fund, LP.
Note: This release is not a solicitation or offer of securities. Past results are not indicative of future performance and all statements made herein should be considered in light of overall market conditions and found on the Taylor-Derrick Capital website located at .
Danielle Killian
Killian Communications
310.427.7889
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Datum: 19.02.2013 - 12:45 Uhr
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News-ID 230620
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