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To
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The
RAMA Fund Overview
The
Fund is a California Limited Liability Company that allows investors
to pool their financial investments through the acquisition of
membership interests. The Fund’s pooled resources are loaned
to real estate owners and secured by deeds of trust encumbering
the underlying real estate. The Fund invests primarily in commercial
first trust deeds and requires substantial equity cushion to protect
the capital invested. The maximum loan-to-value will not exceed
65%.
- Commenced
September 26, 2008
- $26.6
million assets under management (2)
- 24
month rolling lock-up with 90 days redemption notice
- Management
fee: 1.0% annualized rate based on AUM, paid monthly
- Investors’
preferred return: 9.0% annualized rate, distributed monthly
- Performance
fee: 50% of excess annualized return above 9.0%, paid monthly
Portfolio
Metrics
- Weighted
Average Loan-to-Value: 40.5%
- Weighted
Average Coupon: 11.8%

Administration
- Auditor:
Armanino McKenna LLP - CA
- Counsel:
Doss Law - CA, Geraci Law, & Nassie Law - CA
- Custodial
Cash Manager: Morgan Stanley Smith Barney - NY
- Loan
Sub-Servicer: FCI Lender Services - CA
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