CONCORD, Calif., Aug. 1, 2018 /PRNewswire/ -- John W. Simonse president of LHJS Investments, LLC and a Managing Member of Lodgepole Fund No. I LLC is pleased to announce that Steven "Beau" Eckstein has been hired as the Director of Marketing for the companies. Beau is joining our Management team, which includes Ashley Nelson, the Director of Operations and Brenna Daugherty, General Counsel.
"Beau is a very experienced private money loan veteran who is well known in the Bay Area for his many years of experience and depth of knowledge in the industry. We are all very excited that Beau will be heading up new loan programs for the Lodgepole Fund," says John W. Simonse. Mr. Simonse further explained that: "The Lodgepole Fund has delivered a net return to its Members of 10.0% for over 8 years now and with Beau's help, we believe we can continue to outperform other private lending companies by the 2-3% margin that we have in the past."
When asked the benefit to invest in real estate loan funds such as Lodgepole Fund, Mr. Simonse replied, "one of the safest and most profitable investments available is through a seasoned private money loan fund, because your money is secured by deeds of trust for a portfolio of loans. Not only is the investor not dependent on just one loan, you have the peace of mind that your investment is secured by a lien against real property." Mr. Simonse elaborated that, "if you invest with professional fund managers who have a wealth of experience, you can feel confident knowing they have the business acumen to create a high quality loan portfolio, verified by robust underwriting skills, as well as the ability to handle any situation that arises." Mr. Simonse went on to state that, "A deed of trust is one of the best forms of investment security available today. Combining that type of security with net 8-10% returns is really hard to beat in today's roller coaster investment world."
"The Fund is currently raising new capital during the course of the next year and is now open to new investors," said Mr. Simonse.
About Lodgepole Fund No. I, LLC
Lodgepole Fund No. I, LLC has been funding construction and development loans in California since 2010. Lodgepole specializes in providing bridge loans and construction loans for high-end residential homes, small subdivisions and mixed use properties.
John W. Simonse
Lodgepole Fund No. I, LLC
Email: [email protected]
SOURCE LHJS Investments