Residential Capital Mortgage Corporation is a part of the CM Group of companies.
The CM Group of companies is Your home for real estate financing, investment strategies and financial management
CM Group, LLC owns and manages CM Capital Services, LLC (“CMCS”) and a Broker/Dealer, CM Securities. CM Group also serves as Advisor for Desert Capital REIT, Inc. (“DCR”). CM Group provides and implements business strategy and oversees daily operations and performance of the companies, and collectively manages over $475 million in assets.
The principals of CM Group have extensive knowledge in real estate acquisition and financing, investment strategies, financial management, investor relations, and corporate and securities legal expertise.
CM Capital Services – Trust Deeds
CMCS is a private real estate investment company that has originated and serviced trust deed investments on behalf of clients since 1977. Investments consist of shortterm acquisition, development, and construction loans. The company services over $475 million in loans. CMCS provides a pipeline of real estate investment opportunities to meet the various investment requirements of DCR, CMCS, and privately offered funds
Desert Capital REIT – Real Estate Investment Trust
DCR is a publicly registered, non-listed Real Estate Investment Trust formed by the principals of CM in July 2004.The company’s primary business is to invest in short-term acquisition, development, and construction loans to homebuilders and developers.All loans are collateralized by real estate owned by the borrowers in connection with the mortgage financing.
Residential Capital Mortgage Corporation (“RCMC”) is a Federal Housing Administration (FHA) and Veteran Affairs (VA) Lender. As a licensed Banker and Broker, RCMC strives to offer the widest variety of home loan options in the industry.
Direct Participation Program - Equity Fund
This privately offered Equity Fund invests directly or indirectly in acquisition, development, co-development, operation and/or financing of commercial and residential real estate projects, including distressed projects, and nonperforming loans for the purpose of growth potential.
Direct Participation Program - Notes Fund
This privately offered Notes Fund meets the needs of investors seeking current income and portfolio performance through its investment in loans backed by tangible assets.The Notes Fund intends to take advantage of current deeply discounted real estate values in the Las Vegas, Nevada area by making construction and development loans to homebuilders and developers whose financing needs are not being met by traditional lenders in today’s limited credit market.
Broker/Dealer – Capital Raising
Sandstone owns a broker/dealer registered with the Financial Industry Regulatory Authority, Inc. (“FINRA”) and the U.S. Securities and Exchange Commission (“SEC”). The Broker/Dealer provides investor services and supports the capital-raising efforts for DCR, a privately offered Equity Fund and a privately offered Notes Fund.
Preferred Trust Company
Preferred Trust Company, LLC (“PTC”) provides clients with the opportunity to self-direct their Individual Retirement Account (IRA) and to invest in a variety of investment vehicles, including non-publicly traded assets. By expanding its clients’ investment possibilities, PTC dispels the popular notion that bank CDs or the stock market are the only investment options for an IRA. In fact, many of PTC’s accountholders prefer to invest in non-traditional products, such as real estate.