SORTIS INCOME FUND EARNINGS
Sortis, LLC (“Sortis”), a Portland, Oregon-based alternative investment fund manager, announced that Sortis Income Fund, LLC produced a net annualized return of 10.11% during the first quarter of 2022.
The Sortis Income Fund (“SIF”) is an unleveraged mortgage fund that focuses on short-term, first position loans collateralized by real estate.
“After four consecutive quarters of over 10% net annualized yields to our investors in 2021, we’re pleased to deliver another double-digit return to start 2022. Our continued growth directly reflects our investors’ confidence in Sortis to protect investor principal and deliver above-market returns,” said Jef Baker, SIF Managing Director.