CALCAP CONNECTIONS
DECEMBER 2019
PRINCIPAL'S CORNER
Happy New Year from CALCAP!


Thanks to all of our investors who helped make 2019 an outstanding year at CALCAP! 

 
Some key achievements from 2019:
 
  • Grew Assets Under Management by 25% to over $330MM
  • Completed 7 acquisitions for $100MM
  • Completed 5 dispositions for $83MM
  • The 5 dispositions generated average Project Level Annualized Returns of 81.3%
  • Grew CALCAP Income Fund I, 97% to over $67MM
  • Increased YOY Lending volume by 72% to over $150MM
  • Increased total units under management 82% from 2,070 to 3,778
  • Grew FTE from 70 to 105 employees
  • Employees raised over $20k in donated PTO hours towards CALCAP Cares GiveTime4Autism program
 
We give sincere gratitude for the continued support and investment. Have a safe and happy Holiday season. We look forward to a prosperous new decade ahead!


Sincerely,
 
Edward M. Aloe
President and CEO
626-229-9057
Check out our new website!

Latest Headlines...
Here are the housing markets that changed the most this decade

And here's how they fared
 
As the calendar turns to 2020, home values recovered for nearly all of the U.S., and many parts of the country are now seeing higher home prices and a lack of homes available for sale.
But there are few markets that stand out above the rest in terms of how much they changed in the last 10 years


Single-family rentals are getting more expensive

Price of low-end rental homes skyrocketed more than higher-end homes

Low-end rent prices went up 3.6%, while high-end price gains rose 2.9%, according to CoreLogic’s Single-Family Rent Index.
“Increases in low-end rent prices have outpaced those on the high end for more than five years as newly-formed households push up demand for entry-level rentals,” said Molly Boesel, principal economist at CoreLogic.

Median home prices are still unaffordable in majority of U.S.
 
But things are getting slightly better
 
Home prices rose across the country by 9% year over year in the fourth quarter of 2019, and the typical home remained a financial stretch for average wage earners,” said Todd Teta, chief product officer with ATTOM Data Solutions. “However, homes were actually a bit more affordable because of declining mortgage rates combined with rising pay to overcome the continued price run-up.”

About CALCAP Advisors
About CALCAP
California Capital Real Estate Advisors, Inc., and its affiliate entities (CALCAP Asset Management I & II, CALCAP Properties, CALCAP Lending, and CALCAP Senior Healthcare I, collectively known as "CALCAP"), is a California based investment company founded and 2008 and headquartered in Pasadena, California. The Company sponsors alternative real estate investment opportunities focused on demographically driven housing. CALCAP has been able to consistently provide both individual and institutional investors with outstanding returns over the last 10 years. The Company's core strategies look to actively create alpha for investors while managing risk. CALCAP currently has over $300mm in Assets Under Management. To learn more visit www.calcapadvisors.com.
 
Social Mission
CALCAP has created the CALCAP CARES program to encourage employees to find a way to give back to the neighborhoods where we invest. CALCAP has created "GiveTime4Autism" as its initial program which will allow employees the ability to donate unused vacation and sick days for a very worthy cause. 
LOS ANGELES
The Sanborn House
65 N. Catalina Avenue   
Pasadena, CA 91106

SAN DIEGO 
12626 High Bluff Drive, Suite 360
San Diego, CA 92130 

PHOENIX
740 N. 52nd Suite 200
Phoenix,AZ 85008 

SANTA BARBARA
1309 State Street Suite A
Santa Barbara, CA 93101


IRVINE
2603 Main Street, Suite 850
Irvine, CA 92614

Edward M. Aloe, President & CEO
(626) 229-9057


Patrick A. Wakeman, Principal
(858) 764-4890

Drew Buccino, Principal and COO
(602) 419-3381

Greg Blix
Director of Investor Relations
(805) 896-8500

Len Israel
CEO, CALCAP Lending, LLC
949-439-1044

Mark A. Mozilo, Principal
(626) 229-9056
View our website: www.calcapadvisors.com  
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