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History: Pioneering
Real Estate Investing
Desert Capital REIT was established in December
2003 by the principals of Consolidated Mortgage
(CM) to leverage CM’s 29 years
of continuous real estate investment success.
Established in 1977, CM is one of the largest
private trust deed investment firms in the United
States, with over $1.5 billion in loans originated
since 2001.
We have organized our company as a real estate
investment trust because of the substantial tax
advantages that designation provides. As a REIT,
we are not required to pay corporate income taxes
so long as we pay 90% of our REIT taxable income
to our shareholders as dividends.
Through our specialized, innovative approach to
investing in high-quality mortgage loans, we strive
to achieve consistent growth and profitability
for our shareholders. Our primary business is
investing in loans to owners and developers of
real estate properties.
By taking a focused, resourceful and disciplined
manner to our business, we can offer shareholders
advantages not found in other investments. Backed
by real assets with tangible values, Desert Capital
REIT investors can realize less volatility and
a measure of inflation protection.
Our revenues consist of the interest payments
made by borrowers on all loans that we either
fund or acquire. From these revenues, we deduct
operating and debt costs, as well as management
expenses. What remains is our profit. As a REIT,
we pay a minimum of 90% of our profits out as
dividends to our shareholders.
Leveraging Over 29 Years
of Real Estate Investment Expertise
While Desert Capital
REIT is a new company, don’t let our freshman
status fool you. We were created by the principals
of Consolidated Mortgage (CM) –
since 1977, one of the largest private trust deed
investment firms in the United States with over
$1.5 billion in loans originated since 2001.
We know our investors, and understand their unique
financial needs and concerns. For over two decades,
CM has delivered solid first and second trust
deed investments resulting in an investor base
increase of over 200% in the last three years.
Identifying favorable investment opportunities
and providing open communications are the keys
to our success. We bring that same effective investment
strategy and prudent management style to our new
company, Desert Capital REIT.
You can trust Desert Capital REIT to provide you
with the potential for significant growth and
income.
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