Value Add Loans on Single Family Housing by Boomerang Capital
Boomerang Capital will review value add opportunities in the Single Family Housing market. In the traditional equity and fixed income markets, it has become a challenging to generate income without taking significantly more risk. Boomerang Capital offers relative safety and consistency of income delivered by an experienced team of relationship based lenders. Single Family Homes are arguably the most important asset class in real estate and Boomerang Capital provides exposure through a private fund structure offering senior secured debt in the form of 1st lien positions on 500 loans across 12 states.
- Deep diligence on the borrowers through relationship in our key markets
- The importance of short duration in a potentailly rising interest rate market
- 5 Year Track Record and $100,000,0000 in equity in the fund
- Less than 1% defaults since in ception of the fund in July of 2017
- Importance of auditied financials and a REIT blocker
- Competitive risk adjusted distribution
- Simple exit strategies
Event Recording
Value Add Loans on Single Family Housing by Boomerang Capital
- Fund SummaryFund Summary Dec 21.pdf210 kB
- Boomerang Finance OverviewBoomerang Finance Overview Presentation.pdf708 kB
Speakers
Rob Jafek
- Title
- Founder @
- Company
- Boomerang Capital
- Role
- Speaker
Rob has been involved in all phases of Boomerang’s development since its inception and oversees its operations. He previously held various principal investing roles including Head of International Trading for Nicholas Applegate Capital Management and Analyst at Tiger Management. He has founded and managed two alternative investment firms: Plumeria Advisors and Torrey Pines Capital Management. He started his career as an investment banking Analyst at Morgan Stanley. He received a BA in Finance from The University of Utah and a Masters in Innovation and Entrepreneurship from HEC Paris. He is a contributing member to Forbes.com and a member of the Forbes Real Estate Council and teaches business as an Adjunct Professor at the UC Berkeley School of Law.
Chris Sloan
- Title
- Vice President @
- Company
- Boomerang Capital
- Role
- Speaker
Chris has been in the investment industry for the past 28 years. Early in his career Chris started and grew a very successful retail brokerage practice and became the youngest branch office managers in his firm’s history. He excelled at training new recruits and coaching other Registered Representatives around the country. Chris later sold his retail practice to a colleague and launched a successful career as a financial product wholesaler.
Chris has worked for such firms as Voya, John Hancock and more recently LoCorr Funds, a well-known alternative fund provider, where he consistently ranked in the top 5 on a team of 22 Regional Vice Presidents. He has represented a diverse range of products such as Private Placements, Mutual Funds, Non-Traded REITS, Tenant in Common offerings and DST’s. He has worked with all distribution channels including banks, wire-house broker deals, RIA’s and independent broker dealers. [MM1]
Chris earned his Bachelor of Arts degree from Arizona State University where he graduated Magna Cum Laude and later served in the U.S. Army Reserve. Spending time with his 3 adult children and his 13-year-old son helps to bring balance to his life. Reading, exercising, keeping up with industry topics, hiking and occasionally surfing, round out his avocations. Chris splits his time between Arizona and California for both family and work activities.
About
Boomerang Capital
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.