Current market conditions, in any financial market, has been upended and even unimaginable from just a year ago. The most volatile period seems to be in the rear view mirror, but significant challenges and uncertainties remain. After a brief review of a bit of limited history, we will parse out some of the sectors of real estate, and then focus on the outlook for residential. We will also explore some important limitations to that outlook, as driven by current unknowns.
Boomerang Finance, LLC (the “Fund”) has an investment objective of providing income with limited variability in returns. This is accomplished by providing short-term, business-purpose loans secured by real estate in a first lien position with the additional protections of a personal guarantee from borrowers and cross collateralization. All loans are self-originated, and risk managed through careful underwriting, thoughtful portfolio construction and consistent servicing. The majority of borrowers are return clients. Exposure is broad-based, and the Fund is structured as a REIT.