SocialFunds.com

Community Investment Center
Back to Community Investment Center
Powered by: SRI World Group web development services Calvert Foundation

Los Angeles LDC, Inc.
Contact Info:

1055 W. 7th Street, Ste. 2840
Los Angeles, CA 90017

Phone: 213-362-9113
Fax:
URL: www.losangelesldc.com
Email: mbanner@losangelesldc.com
       
Small Business: 41.00%    
Community Development: 57.00%    

Since 1996, the Los Angeles LDC has been involved in a wide variety of community development finance transaction in low income communities. During this period 84% of borrowers funded by the LDC have been located in low income communities. In those cases where borrowers not located in low income communities, 90% are minority led organizations or businesses. We have successfully raised and deployed our 1st Commercial Real Estate Private Equity Investment Loan Fund. The 504 ACE Loan Fund I (2004) was a $10 Million Fund. At our Fiscal Year End 2007, the total loan portfolio was $6.2MM and we have NO losses and experienced only one (1) default. Our average portfolio note rate 7.93% and the average note balance is $483,156 and our investor have earned cash on cash returns of 6.01% during the past three years. Given this success we have launched on 504 ACE LOAN FUND II has has the following characteristices: Commercial Real Estate Loan Fund $20 Million Offering - Private Placement, 100 units available, $200,000 minimum investment, Pricing target for Fund assets 3.0%-4.0% over 7-10 Treasuries or Swap Rate, Fund asset allow up to 90% LTV, Senior and junior debt available, Up 25/15 amortization and maturities, DCR 1.10-1.40, Manager’s fee 1.25 per annum of performing portfolio, Credit authority resides with “LDC” fund manager Investor commits to capital calls through 9/2010.

Back to Community Investment Center

Mutual Funds | Community Investing | News | Sustainability Reports | Corporate Research | Shareowner Actions | Financial Services | Conferences
Home | Login | Contact | Support This Site | Terms of Use | Privacy Statement | Reprints


© 1998-2017 SRI World Group, Inc. All Rights Reserved.

Created and maintained by
SRI World Group web development services
Do your own research Work with an advisor SRI News SRI Learning Center Home