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Sortis Income Fund Taps 20-Year Banking, Private Financing Veteran Mike Ferguson for Fund Office

Serves Dual Role with Concurrent Appointment as President of SORFI LLC

PORTLAND, Ore. – Sept. 18, 2019 –Mike Ferguson has been named fund officer of the Sortis Income Fund, a real estate mortgage fund managed by Sortis Holdings Inc. (SOHI). With more than 20 years of experience, Ferguson oversees the fund’s loan operations and portfolio management, while providing analysis and underwriting of commercial and residential loan transactions consistent with its investment mandate Ferguson’s addition is anticipated to increase the Sortis Income Fund’s lending deal flow and … Continued

Sortis Closes on $59.8M Opportunity Zone Project

Private equity firm provides funding for 210-unit senior living development in Tukwila, Washington PORTLAND, Ore. – Aug. 28, 2019 – Sortis Holdings Inc. (SOHI), a Portland, Oregon-based private equity firm, closed on equity funding for Tukwila Village Phase II, a mixed income senior living development in Tukwila, Washington. Sortis invested capital from its $100 million Sortis Opportunity Zone Fund alongside project sponsor Bryan Park, a Puyallup-based developer who has developed, owns and operates more than … Continued

Sortis Income Fund available on Charles Schwab Advisor Center platform

PORTLAND, Ore. – Aug. 26, 2019 – The Sortis Income Fund has been approved by Charles Schwab and is now accessible to registered investment advisors and broker-dealers via the Charles Schwab Advisor Center technology platform. The Sortis Income Fund, a $100 million real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI). “The primary focus of this fund is principal protection, but we’re pleased that we’ve been … Continued

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Sortis Income Fund Delivers 10th Consecutive Quarter of Returns That Exceed Target

PORTLAND, Ore. – July 30, 2019 – Sortis Income Fund LLC announced an 11.45% net annualized return to its investors for the second quarter of 2019, and an 11.39% net annualized return year-to-date. The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI). The fund returned 12.24% to investors on an annualized basis in 2017, and 11.12% on an annualized basis … Continued

Sortis Income Fund Delivers Ninth Consecutive Quarter of Returns That Exceed Targets

PORTLAND, Ore. – April 29, 2019 – Sortis Income Fund, LLC announced today an 11.33% net annualized return to its investors for the first quarter of 2019. The Sortis Income Fund, a real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI) and its wholly owned subsidiary, Sortis Financial, Inc. “Although the primary focus of this fund is capital preservation, we’ve delivered nine consecutive quarter of … Continued

Sortis Income Fund available on Fidelity Wealthscape platform

PORTLAND, Ore. – March 20, 2019 – The Sortis Income Fund has been approved by Fidelity and National Financial Services and is now accessible to registered investment advisors and broker-dealers via the Fidelity Wealthscape technology platform. The Sortis Income Fund, a $100M real estate mortgage fund that holds short-term notes collateralized by real estate, is managed by Sortis Holdings Inc. (SOHI) and its wholly owned subsidiary, Sortis Financial Inc. “The primary focus of this fund is principal … Continued

Sortis Holdings Wins Development Award

Former Macy’s Building Shines in Downtown Seattle Seattle, WA – Jan. 2, 2019 – The Revitalization of 300 Pine, a redevelopment of the flagship downtown Seattle Macy’s for Starwood Capital Group led by Sortis Holdings’ affiliate Third & Pine LLC, has been named the National Association of Industrial and Office Properties’ (NAIOP) Top Redevelopment/ Revitalization Project of The Year for 2018. 300 Pine is a full block located between Third and Fourth Avenue and Pine … Continued

MedZERO Launches in Salt Lake City in Partnership with Asserta Health
Offers zero-interest funds for out-of- pocket medical expenses

SAN FRANCISCO – April 9, 2018 – MedZERO Inc. announced today at LendIt Fintech USA, the world’s leading event in financial services innovation, that it is launching its mobile medical payments platform in Salt Lake City in partnership with Asserta Health. MedZERO is offered as a voluntary employee benefit that offers immediate mobile access to zero- interest funding for employees facing out-of- pocket health care costs. The instant advances are repaid over 12 months through … Continued

Sortis Exclusive Advisor to Temple View Capital on $50 Million Joint Venture

July 21, 2017 – Sortis Capital, a boutique advisory firm specializing in financial and real estate services sector coverage served as the exclusive advisor to Temple View Capital, LLC on a $50 million joint venture with a Wall Street private equity firm. Established in 2017, and based in Bethesda, MD, Temple View Capital is a private investment vehicle providing non-traditional, alternative loan products to real estate investors. Temple View Capital, a wholly owned subsidiary of … Continued

Next-Gen Finance Company Carves Out Niche in Fintech

Sortis Holdings invests in and deploys innovative financial technology products to fuel disruption in financial services market PORTLAND, Ore., Feb. 8, 2018—For the past 12 months, Sortis Holdings Inc. (SOHI) has been quietly amassing a suite of promising financial technology investments. Fresh off the sale of its MBank asset in early 2017, Sortis has followed through on its plan to become a fintech-focused investment company that accelerates the pace of disruption in financial services. A … Continued

MedZERO Offers Zero-Interest Financing for Out-of-Pocket Health Care Expenses

KANSAS CITY, Mo. – Feb. 6, 2018 – MedZERO Inc. has launched a medical payment platform that KANSAS CITY, Mo. – Feb. 6, 2018 – MedZERO Inc. has launched a medical payment platform that provides employees access to zero-interest, zero-fee advances to cover out-of-pocket health care expenses. MedZERO is a voluntary employee benefit that provides immediate mobile access to funds to pay for medical costs via an electronic Mastercard®. The advances are repaid over 12 … Continued

Sortis completes strategic partnership with Mobile Capital Group

Sortis Holdings Inc (SOHI), a holding company that invests in financial technology, has completed a strategic partnership with Mobile Capital Group, a mobile virtual card app that powers specialty finance companies with the instantaneous delivery of cash to the customer. Few financial partners are in a regulatory position to support compliant financing activity on a national scale. Sortis’ ready-made regulatory and operational lending origination platform in connection with its servicing operations, has the ability to … Continued

Sortis Holdings acquires ClearSpring Loan Services

Sortis Holdings Inc. (SOHI) has acquired ClearSpring Loan Services, a special servicer headquartered in Dallas, Texas. ClearSpring has more than $2 billion in assets under management and is a currently vendor for top-tier banks, hedge funds, private investors and government-sponsored enterprises. The company is licensed as a servicer, lender and debt collector. Sortis Holdings will integrate its existing servicing business and its recently acquired lending operations into the ClearSpring platform, which will be rebranded under … Continued

Merchants Bancorp Completes Sale of Bank and Merger with Sortis

Merchants Bancorp and its wholly owned subsidiary MBank has completed the sale of its’ banking assets to Riverview Community Bank. Riverview has acquired approximately $116 million in assets from Merchants Bancorp. The three MBank branch offices, in Gresham, Portland and Lake Grove, will become Riverview branches when the transaction closes. Subsequent to the transaction closing, Merchants has agreed to merge with Sortis, a Portland based private lender and advisory firm. The newly combined firm will … Continued