
Lodgepole Fund No. I, LLC Chalks Up its 8th Consecutive Year of 10 Percent Plus Net Returns to its Investors
CONCORD, Calif., March 22, 2018 /PRNewswire/ -- Lodgepole Fund No. I, LLC just closed its books for 2017 and has reported to its investors its eighth consecutive year of 10 percent plus net returns.
"The Lodgepole Fund has continued to outperform all other private money construction loan funds by earning over a 10% net return for its Members for 8 consecutive years now," says John W. Simonse, President of LHJS Investments, LLC and one of the Managing Members of Lodgepole Fund.
Simonse went on further to explain, "not only is the Lodgepole Fund outperforming most other real estate loan investment funds by 2-3 percent, but it is also out performing many other secured investments." Most people don't realize it, but the Lodgepole Fund loans are secured primarily by first deeds of trust, one of the highest forms of security available in the market place today." Mr. Simonse went on to say that "For an investment to have such a high rate of return with such a low risk of loss to principal is almost un heard of."
When asked how Lodgepole Fund accomplished this achievement, Mr. Simonse stated, "Our fund management company, LHJS Investments LLC has a very experienced management team and staff. Almost all of the staff has been with LHJS for over 10 years. The depth of experience is evident in that Lodgepole Fund has not had one foreclosure of a loan during this same 8 year period."
Asked how an individual could invest in Lodgepole Fund, Mr. Simonse stated, "The Fund plans to be open for new investors in May of this year."
About Lodgepole Fund No. I, LLC
Lodgepole Fund No. I, LLC has been providing 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.
About John W. Simonse
John Simonse has been actively involved in the development and investment in Real Estate in the San Francisco Bay Area for nearly 40 years. He has personally overseen the funding and management of over $1 billion in loans and development projects. Currently Mr. Simonse actively manages a portfolio valued over $200 million, which includes three real estate investment Funds.
Mr. Simonse graduated with highest honors from the United States Merchant Marine academy with a Bachelor's of Science degree in Marine Engineering. After graduation, Mr. Simonse worked for the Department of Defense and was an officer in the United States Naval reserve. Mr. Simonse then worked in the U. S. Merchant Marines, where he sailed on cargo ships to over 65 countries and attained a United States Coast Guard license as a Chief Engineer. After leaving the Merchant Marines, Mr. Simonse formed his first real estate Investment fund in 1999.
Mr. Simonse has been successfully managing real estate investment funds and development projects ever since. He currently resides in Danville, CA with his wife Annie and their brood of 6 children.
Contact:
John W. Simonse
Lodgepole Fund No., I, LLC
Phone: 925-603-0433
Email: [email protected]
SOURCE Lodgepole Fund No. I, LLC
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