Business, Free News Articles, Software

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface. The new "multi-loan" functionality improves the loan experience for loan originators (LOs) and borrowers, enabling both parties to start, submit and access multiple loan applications via web browser or mobile app experience.

SimpleNexus' multi-loan feature makes it easy for borrowers to navigate between multiple loans and applications, sign individual loan eConsent and disclosures forms, upload documents and complete tasks associated with each loan file. To further streamline the borrower experience, LOs can customize the borrower task list and requested documents for each loan; request eConsent, asset verification or credit authorization on a per-loan basis; and move or copy documents between different loans for the borrower.

Multi-loan streamlines loan management for LOs by automatically linking all loan applications associated with the same borrower. LOs will not need to remove old loans from the system, and additional user accounts and email addresses will not be required to manage multiple loan applications.

"SimpleNexus' multi-loan enhancement makes it easy to maneuver between and complete tasks associated with multiple borrower loans," said SimpleNexus VP of Product Shane Westra. "Whether a borrower is simultaneously purchasing multiple properties or a repeat customer is returning for a new purchase or a refi, multi-loan provides borrowers with the modern, intuitive experience they expect from the organizations that finance their homes."

More than fifty percent of SimpleNexus customers have opted-in for early access to multi-loan. An August 3, 2020, system update will turn on multi-loan for all SimpleNexus customers. Customers who wish to use the multi-loan feature sooner can contact their customer success manager.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage

Related link: https://simplenexus.com/

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Business, Free News Articles, Software

SimpleNexus Platform Enhancement Enables Lenders and Borrowers to Manage Multiple Borrower Loans Through SimpleNexus’ User-Friendly Interface

LEHI, Utah -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced a platform enhancement that merges management of multiple loans with the same applicant into one user-friendly interface. The new "multi-loan" functionality improves the loan experience for loan originators (LOs) and borrowers, enabling both parties to start, submit and access multiple loan applications via web browser or mobile app experience.

SimpleNexus' multi-loan feature makes it easy for borrowers to navigate between multiple loans and applications, sign individual loan eConsent and disclosures forms, upload documents and complete tasks associated with each loan file. To further streamline the borrower experience, LOs can customize the borrower task list and requested documents for each loan; request eConsent, asset verification or credit authorization on a per-loan basis; and move or copy documents between different loans for the borrower.

Multi-loan streamlines loan management for LOs by automatically linking all loan applications associated with the same borrower. LOs will not need to remove old loans from the system, and additional user accounts and email addresses will not be required to manage multiple loan applications.

"SimpleNexus' multi-loan enhancement makes it easy to maneuver between and complete tasks associated with multiple borrower loans," said SimpleNexus VP of Product Shane Westra. "Whether a borrower is simultaneously purchasing multiple properties or a repeat customer is returning for a new purchase or a refi, multi-loan provides borrowers with the modern, intuitive experience they expect from the organizations that finance their homes."

More than fifty percent of SimpleNexus customers have opted-in for early access to multi-loan. An August 3, 2020, system update will turn on multi-loan for all SimpleNexus customers. Customers who wish to use the multi-loan feature sooner can contact their customer success manager.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage

Related link: https://simplenexus.com/

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Business, Free News Articles, Software

New Integration Enables OpenClose Lenders to Automate MERS® Loan Registration and Transfer via Cyberlink’s eRAMP System

WEST PALM BEACH, Fla. -- OpenClose(R), the industry-leading mortgage fintech provider and omni-channel loan origination system (LOS), and Cyberlink Software Solutions, a provider of optimization and development solutions for mortgage lenders, announced the completion of an integration that eases the time consuming and laborious method of registering loans one by one with MERS(R).

Cyberlink's eRAMP MERS Transaction Management solution integration works by taking bulk loans that OpenClose lender customers need to register or transfer with MERS, and processing this important task efficiently, quickly, and accurately regardless of the number of loans to submit. eRAMP data then updates OpenClose's LenderAssist(TM) LOS, which includes registration confirmation dates as well as transfer of rights confirmation dates.

"We continuously look for opportunities to automate redundant tasks. The integration with eRAMP accelerates workflow, reduces errors and frees OpenClose users to work on other tasks," stated Vince Furey, CRO of OpenClose. "We are pleased to introduce eRAMP's MERS end-to-end transaction processing solution to our customers knowing that it will save them valuable time and money."

eRAMP has been relied upon for MERS(R) transaction processing by lenders large and small since 2003. Whether it's registering thousands of loans or a couple dozen loans, it's done with the click of a mouse and with minimal manual intervention by the lender. Confirmation reports along with details are provided back to the lender from eRAMP.

"We're always excited when we deliver new features that save time and reduce costs for our customers," said Greg Uttal, president of Cyberlink Software Solutions. "Our goal is to secure additional business and accomplish more with less by way of technology. With the new OpenClose integration, we're right on target to deliver value to our mutual customers."

About OpenClose:

Founded in 1999 and headquartered in West Palm Beach, Florida, OpenClose(R) is a leading enterprise-class, multi-channel loan origination system (LOS), POS digital mortgage and fintech provider that cost effectively delivers its digital platform on a software-as-a-service (SaaS) basis. The company provides a variety of innovative, 100 percent web-based solutions for lenders, banks, credit unions, and conduit aggregators. OpenClose's core solution, LenderAssist(TM), is comprehensive loan origination software that is completely engineered by OpenClose using the same code base from the ground up. The company offers a RESTful API suite that standardizes system-to-system integrations, making them easier to develop, quicker to implement

and more cost effective. OpenClose provides lending organizations with full control of their data and creates a truly seamless workflow for complete automation and compliance adherence. For more information, visit https://www.openclose.com/ or call (561) 655-6418.

About Cyberlink Software Solutions:

Cyberlink Software Solutions, Inc. is a software development company that's been creating innovative applications for mortgage professionals since 1995. We offer in-house developed software products and consulting services, including LOS implementation project management, LOS optimization consulting and MERS process improvement solutions. For more information, please call 800 518-0919 or visit https://www.oncyberlink.com.

Social Media: @OpenClose_LOS #MERSLoanRegistration #LoanOriginationSoftware #CyberLinkSoftwareSolutions #OpenClose

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

Related link: https://www.openclose.com/

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Advertising and Marketing, Awards and Honors, Business, Free News Articles, Software

Top of Mind Lead Project Manager Maggie Mae Named 2020 HousingWire Rising Stars Award Honoree

ATLANTA, Ga. -- Top of Mind Networks (Top of Mind), a leader in customer relationship management (CRM) and marketing automation software for the mortgage lending industry, today announced that Lead Project Manager Maggie Mae has been named a recipient of HousingWire's 2020 Rising Stars award. Now in its seventh year, the HW Rising Stars award program honors the housing industry's most influential professionals aged 40 and under.

Mae was recognized for building and enhancing many of the capabilities that have earned SurefireCRM its position as the mortgage industry's most used CRM and marketing automation platform. Since Mae joined Top of Mind in March of 2017, she has helped the company evolve its flyer system, expand its multiple listing service (MLS) coverage to over 650 boards across all 50 states and spearhead an integration with Optimal Blue that ensures single property sites always display the exact rates specific to a specific company, branch or originator. Recently, Mae saw the roll out of Power Messaging, a feature that enables loan originators to deliver high-touch text message communications at scale.

"Maggie's contributions at Top of Mind have helped elevate SurefireCRM's functionality and fill the pipelines of thousands of loan originators," said Top of Mind CEO Bill Hayes. "Her recognition as a HousingWire Rising Star is well deserved."

"The first half of 2020 has been stressful and tumultuous for our country and the housing economy," said HousingWire CEO Clayton Collins. "This is an extremely special group of Rising Stars winners. Not only have they demonstrated success in their careers and professions, they have also demonstrated the agility, fortitude and creativity to help lead their teams and clients through this time of change. Real leaders are made during times of crisis and these Rising Stars will only get stronger as they help their organizations navigate toward a more successful future."

The full list of 2020 HousingWire Rising Stars honorees can be viewed at https://www.housingwire.com/articles/introducing-housingwires-2020-class-of-rising-stars/.

About Top of Mind Networks:

Founded in 2003, Atlanta-based Top of Mind Networks (https://www.topofmind.com) started as a bootstrapped direct-mail marketing company. Today, the company is recognized as the mortgage industry's most-relied-upon provider of marketing automation and creative content solutions. From individuals to enterprise lenders, Top of Mind's SurefireCRM helps thousands of mortgage professionals win new business, earn repeat business and deserve referral business. With intuitive, "set it and forget it" workflows and award-winning content, mortgage professionals are able to effortlessly maintain and deepen their emotional connections with clients.

About HousingWire:

HousingWire is the most influential source of news and information for the U.S. mortgage and housing markets. Built on a foundation of independent and original journalism, HousingWire reaches over 40,000 newsletter subscribers daily and over 4 million unique visitors each year. Our audience of mortgage, real estate, financial services and fintech professionals rely on us to Move Markets Forward. Visit https://www.housingwire.com/ or https://www.solutions.housingwire.com to learn more.

@mortgagecrm #mortgagemarketing @HousingWire #HWInsiders

Related link: https://www.topofmind.com/

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Business, Free News Articles, Software

Amid Ongoing Work-From-Home Requirements, DocMagic Provides its eSign Technology at Zero Cost to Boost Employee Productivity

TORRANCE, Calif. -- DocMagic, Inc., the premier provider of fully-compliant loan document preparation, regulatory compliance and comprehensive eMortgage services, announced it has made an agnostic version of its eSign technology available for free in order to help organizations increase productivity, efficiency and compliance among work-from-home employees during COVID-19 stay-at-home orders as well as after they are lifted. DocMagic is the leader in eSign technology within the mortgage industry, having executed more than 300 million eSign transactions and counting.

Nearly every company relies on signed documents in some part of its core business activities. These agreements often require signatures from multiple parties. Documents are often printed several times, then faxed or emailed, making the process not only cumbersome, laborious and time consuming, but prone to risk as well. Over the past several months, since the inception of social distancing requirements of the COVID-19 pandemic, companies are finding that signing and securely delivering these documents in a timely manner has become a challenge.

DocMagic's eSign technology is traditionally used by mortgage loan borrowers to compliantly eSign initial mortgage loan document disclosures and closing documents. However, DocMagic has modified the platform, making it document agnostic, enabling it to easily handle the execution of important documents such as contracts, NDAs, LOIs and virtually any other agreement, to be electronically signed and legally binding.

"As stay-at-home orders began to open up in more states, large numbers of home-based workers in all industries will continue with the telecommute model and thus continue facing challenges with signing and executing documents," said Dominic Iannitti, president and CEO at DocMagic. "Many employees are using makeshift home offices that lack the hardware, devices, and software to facilitate compliant e-signings. Fortunately, DocMagic is in a great position to help with a proven platform used in one of the strictest, most highly regulated industries. Our eSign technology allows companies to circumvent wet signings, back-and-forth emails, and scanning or faxing documents, for a proven, highly secure, compliant electronic platform."

DocMagic's eSign platform makes electronically signing documents a snap - without the need for any hardware or software. It's 100 percent web-based, easy-to-use, requires no installation or maintenance whatsoever, and can be securely accessed via any device with an internet connection. DocMagic eSign also provides for the secure capture of electronic signatures for all documents stored in the PDF file format. Documents are digitally sealed and access is provided to all parties with audit trail capabilities, document versioning, tracking, and email notifications.

In a recent Zillow survey conducted by The Harris Poll, more than half of employed Americans (56 percent) have had the opportunity to work from home, and a vast majority want to continue, at least occasionally, according to the poll. Among Americans working from home because of the pandemic, 75 percent said they would prefer to continue to do so at least half the time, if given the option, after the pandemic subsides. And two-thirds (66 percent) of those employees said they would be at least somewhat likely to consider moving if they had the flexibility to work from home as often as they want.

Iannitti adds: "We believe that even after stay-at-home orders are gradually lifted, there will still be a significant number of businesses that find the telecommute model to be pragmatic, efficient, and cost effective. After the COVID-19 pandemic slowly winds down, we still want to make our eSign technology available for free. It's our ongoing way of giving back in order to help companies remain as successful as possible."

To clarify, DocMagic's free offer pertains to the agnostic eSign solution only, not mortgage-specific eSignings involving the company's dynamic loan document generation service. Interested organizations can learn more by contacting DocMagic at sales@docmagic.com or call (800) 649-1362.

About DocMagic:

DocMagic, Inc. is the leading provider of compliant loan document preparation, compliance, eSign and eDelivery solutions for the mortgage industry. Founded in 1987 and headquartered in Torrance, Calif., DocMagic, Inc. develops software, mobile apps, processes and web- based systems for the production and delivery of compliant loan document packages. The company's compliance experts and in-house legal staff consistently monitor legal and regulatory changes at both the federal and state levels to ensure accuracy. For more information on DocMagic, visit www.docmagic.com.

Social Media: @DocMagic #FreeEsign #eSignTechnology #COVID19goodwill #DocMagicEsign

Media Contact:
Joe Bowerbank
Profundity Communications, Inc.
949-378-9685
jbowerbank@profunditymarketing.com

*LOGO link for media: https://www.Send2Press.com/300dpi/18-0522s2p-docmagic-300dpi.jpg

Related link: https://www.docmagic.com/

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Business, Free News Articles, Funding and Investment, Software, Sports and Activities

TeamSnap Raises $5.5 Million in Funding as Sports Activities Begin to Resume

BOULDER, Colo. -- TeamSnap, the leader in sport management technology, announced today a $5.5 million convertible notes financing led by Foundry Group and Bolt Ventures. The funding comes as TeamSnap prepares for sports activities to return after the global shutdown.

TeamSnap supports over 22 million users, 3 million unique teams and 19,000 clubs across more than 100 different sports and activities. Sport organizations, teams, players and families use TeamSnap's innovative technology everyday to sign up, schedule, communicate, collect payments and coordinate everything for the sports season.

"While this has been a challenging time for the collective youth sports industry, it is gratifying to know that investors are still bullish about our technology, market position and brand," said Dave DuPont, CEO and co-founder of TeamSnap. "Our customers have always genuinely cared about our product. Their loyalty is a testament to our continued investment in technology and our commitment to improving the customer experience. As sports activity continues to recover, this funding gives us liquidity and flexibility to further support our network of teams, sports organizations and brand partners."

The Boulder-based venture firm Foundry Group has been a lead investor for TeamSnap in previous funding rounds. Bolt Ventures joins as a new TeamSnap investor.

"TeamSnap has become synonymous with youth sports and is the top-of-mind platform for all teams and sports organizations," said Isaac Harrouche, Investment Principal, Bolt Ventures. "With sports activities set to return, we are thrilled to partner with TeamSnap and look forward to its continued growth fueled by its powerful brand and innovative technology."

About TeamSnap

Since our formation in 2009, TeamSnap has been single-mindedly focused on taking the work out of play. Over 22 million coaches, administrators, players and parents rely on TeamSnap's powerful and easy-to-use tools for communication, scheduling, payment collection and registration, organizing every sport and group activity in the world. For more information, visit https://www.TeamSnap.com/.

Twitter: #YouthSports #SportsTech @teamSnap

*LOGO Link for Media: https://www.Send2Press.com/300dpi/17-1219s2p-teamsnap-300dpi.jpg

Related link: https://www.teamsnap.com/

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Business, Free News Articles, Product Launches, Software

ARMCO Launches QC NOW Web Series to Support QC Professionals

DENVER, Colo. -- ACES Risk Management (ARMCO), the leading provider of enterprise quality management and control software for the lending industry, announced the launch of QC NOW, a web series covering current regulatory and operational changes related to quality control, compliance and risk for independent mortgage lenders, banks and credit unions.

"Now more than ever, information is power, and with so much changing so quickly in the lending and financial services landscape, it can be difficult to keep pace and stay informed," ARMCO CEO Trevor Gauthier said. "The QC NOW web series is yet another way ARMCO continues to support financial services quality control and compliance professionals by providing up-to-date information on regulatory and operational changes in an easily digestible format."

The series launches on May 28, 2020 at 11 a.m. Pacific Time (PDT) with "QC Operations in the New World - A Look Into the COVID-19 Era," hosted by ARMCO President and Chief Operating Officer Phil McCall. The webinar will cover what has changed for lenders since the start of the pandemic, the immediate and overall effects of these changes and how qc professionals can prepare for what is still to come.

Other upcoming topics for the web series include:
* How to Ensure Data Integrity with HMDA Reviews
* Mortgage QC Industry Trends - Future Outlook
* QC Reporting Essentials
* State of Servicing QC

To view the upcoming schedule and register to attend an upcoming presentation, visit https://www.armco.us/learn/webinars/qc-now.

About ARMCO

ACES Risk Management (ARMCO) is the leading provider of enterprise quality management and control software for the financial services industry. More than half of the top 50 lenders and two of the top five U.S. commercial banks rely on ACES Audit Technology(tm) to improve audit throughput and quality while controlling costs. Unlike other quality control platforms, only ACES delivers Flexible Audit Technology, which gives independent mortgage lenders and financial institutions the ability to easily manage and customize ACES to meet their business needs without having to rely on IT or other outside resources. Using a customer-centric approach, ARMCO clients get responsive support and access to our experts to maximize their investment. For more information, visit https://www.armco.us or call 1-800-858-1598.

*LOGO link for media: https://www.send2press.com/300dpi/20-0401s2-armco-logo-300dpi.jpg

Related link: https://www.armco.us/

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Business, Free News Articles

NotaryCam Offers Free RON Services for Current, Retired Military Members over Memorial Day for Its ‘Help a Hero’ Initiative

NEWPORT BEACH, Calif. -- NotaryCam(R), the pioneering leader in online notarization and original provider of mortgage eClosing solutions, today announced that it would once again offer free remote online notarization (RON) sessions to United States veterans and current service members over the Memorial Day holiday weekend as part of its semi-annual "Help a Hero" initiative.

The event will run Friday, May 22 through Monday, May 25, 2020 allowing active duty and retired service members to connect to a live notary public via NotaryCam's secure virtual signing room to legally notarize, sign and execute documents and agreements online from anywhere in the world.

"NotaryCam has always been a proud supporter of our retired and active duty service members and is honored to be able to offer this token of our appreciation to all who have served and continue to serve our country," said NotaryCam founder Rick Triola. "We can't repay those who serve our country, but we can and will show our appreciation by offering our remote online notarization services to military members at no charge this Memorial Day."

Since 2013, NotaryCam has held its Help a Hero promotion for Memorial Day and Veterans Day. Current U.S. military service members and veterans who wish to take advantage of this offer need only notify their notary and present a valid military or Veterans ID card during the promotion. USAA, Navy Federal Credit Union and Pentagon Federal Credit Union members are also eligible for the promotion. For more information, please visit https://www.notarycam.com/.

About NotaryCam

After pioneering the world's first multi-party/multi-state remote online notarization (RON), career real estate executive Rick Triola founded NotaryCam and completed the first mortgage remote online closing (ROC) in 2014. Today, NotaryCam is the leader in online notarization and mortgage eClosing solutions, having notarized documents worldwide for hundreds of thousands of customers in all 50 states and more than 146 countries. The company's patented eClose360(R) platform delivers the "perfect" online mortgage closing in every jurisdiction and supports all eClosing scenarios - RON, IPEN or Hybrids - with a flexible workflow for document recording and unparalleled identity verification, security and customer convenience. NotaryCam also proudly maintains an industry-leading 99.8 percent customer satisfaction rating.

Visit https://www.notarycam.com for additional information or to get a document notarized today.

Related link: https://www.notarycam.com/

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Advertising and Marketing, Business, Free News Articles, Funding and Investment

Structured Settlement Factoring Company Launches New Website to Better Serve Customers

NEW YORK, N.Y. -- Strategic Capital has launched a new website (https://www.strategiccapital.com/). With this newly revamped web presence, they give people the opportunity to learn more about how they can maximize payout options for structured settlements, lottery winnings, casino winnings, and more.

They aim to help individuals and families learn not just about their service offerings, but also about the prospect of selling payments from any of the aforementioned products. On their new website, people can educate themselves about their options and what to expect of the process.

Strategic Capital has bought structured settlement payments, lottery winnings, investment annuity payments, IGT casino winnings, and other future payments for well over two decades. They are in a unique position to help their customers maximize their winnings and settlement payouts through well-structured transactions.

In fact, not only does the Strategic Capital team have years of experience buying structured settlement payments, but they also come highly recommended from some of the top lawyer associations across the country, including the Kentucky Justice Association, New Jersey Association for Justice (NJAJ), Tennessee Trial Lawyers Association (TTLA), National Association of Trial Lawyer Executives (NATLE), and the Consumer Attorneys of California (CAOC).

Micha Star Liberty, CAOC President 2020, says, "Strategic Capital has been thoroughly vetted by the board of CAOC and found to operate with integrity."

And Lynne M. Kizis, Esq., NJAJ President 2019, adds, "Unlike other firms in the industry, they are known for treating, with care and fairness, those with severe financial challenges arising after their case has settled."

With offices in New York and Los Angeles, Strategic Capital has originated over $1.5 billion in purchases. They have been buying lottery prize payments, investment annuity payments, structured settlement payments, and other future payments since 1994. Strategic Capital helps their customers by reviewing their finances and upcoming expenses. In this way, Strategic Capital is able to put together quotes and value calculations for customers to review. If the customer decides to move forward with selling some or all of their payments, Strategic Capital organizes their documents and sends them to the court. Once the application has been approved, they wire money to the customers directly.

Anyone interested in learning more about the services Strategic Capital offers and the processes involved with each can now find that information on their newly launched website: https://www.strategiccapital.com/

Strategic Capital, 575 Madison Ave Suite 1006, New York, NY 10022.

Related link: https://www.strategiccapital.com/

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Business, Free News Articles, Real Estate

SROA Capital Pays Quarterly Distributions – Sees Market Opportunity Ahead

WEST PALM BEACH, Fla. -- SROA Capital, LLC ("SROA"), a West Palm Beach-based vertically-integrated real estate investment management firm with $1 billion of assets under management and owner/operator of Storage Rentals of America, announced today that it has paid its first quarter distribution of 1.85% or 7.4% annualized which represents the weighted average distribution yield across SROA's dedicated self-storage funds (*note 1).

SROA anticipates continuing to pay quarterly distributions uninterrupted, despite the current market environment. SROA recently launched Fund VIII and has started accepting investor commitments. It expects to begin investing the capital in late 2020 or early 2021 as opportunities arise as the pressure builds on sellers in a post COVID-19 world.

"We are pleased with the performance of our self-storage portfolio and remain focused on seeking to provide our investors with regular quarterly distributions and strong risk-adjusted returns," said Benjamin S. Macfarland III, Co-Founder and CEO.

"SROA is in a strong financial position thanks in large part to our hands-on management, conservative underwriting, modest portfolio leverage (approximately 50% LTV), and ample dry powder. We believe that we are uniquely positioned to weather this period of economic uncertainty and to capitalize on any dislocation that may arise in the self-storage market."

At a time when fixed income yields are at historic lows, investors have flocked to the private real estate equity and debt markets in search of yield. However, many real estate asset classes including retail, office, hospitality, and residential, have been adversely affected by the onset of COVID-19, causing managers to halt distributions. Macfarland believes that conservatively managed self-storage operators like SROA offer investors a safe alternative.

"Over the past two decades, self-storage has shown that it is not as sensitive to macroeconomic downturns as other real estate sectors," Macfarland added. "Over the past 5-, 10-, and 15-year periods, self-storage has outperformed all other real estate property types (*note 2) and self-storage REITs were the only REIT sector to post a positive total return in 2008 (*note 3)."

About SROA

In a recent article, SROA Capital acknowledged the impacts of COVID-19 on our communities and the private real estate market. SROA Capital, LLC is a vertically-integrated real estate investment and management company that specializes in non-traditional commercial real estate with an emphasis on self-storage. SROA owns and operates approximately 7 million rentable square feet under the brands Storage Rentals of America and Storage Zone.

For more information, please visit https://sroacapital.com/.

Notes:
(1) Distribution does not include Elite Store Fund V which is self-storage development vehicle or SROA Capital Fund VIII which was recently launched and has yet to call capital.
(2) Green Street Advisors, April 2019.
(3) Self Storage Almanac 2015.

Image Links For Media:
[1] https://www.Send2Press.com/300dpi/20-0520s2p-sroa-cap-return-300dpi.jpg
Caption: Figure 4: List of commercial property return indices and their performance over a 5-, 10-, and 15-year periods (2004-2019)* (*Green Street Advisors, April 2019).

[2] https://www.Send2Press.com/300dpi/20-0520s2p-sroa-macfarland-300dpi.jpg
Caption: Benjamin Macfarland, SROA Capital Co-Founder and CEO.

Related link: https://sroacapital.com/

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