NEW YORK, November 9, 2023 /PRNewswire/ — Templum, Inc. (“Templum”), the Private Markets and Alternative Assets™ operating system, announced today that investors now have access to Sortis Income Fund (SIF), a commercial real estate alternative debt fund with a focus on Templum One’s Western US markets.
Templum One is revolutionizing the private and alternative securities markets by seamlessly connecting issuers like Sortis with a diverse set of investors through a cutting-edge, cloud-based platform. This digital native solution facilitates interaction between various stakeholders – including issuers, retail and institutional investors, custodians and transfer agents – through standardized and streamlined workflows, removing long-standing barriers and costs to market access.
The Sortis Income Fund is designed to bridge the gap between the borrowing needs of CRE owner/operators and the lack of available capital due to record high interest rates and a troubled banking environment. Sortis Income Fund (SIF) uses a disciplined strategy and strict risk management to maintain a diversified credit portfolio, providing consistent and high-yielding fixed income returns to investors, all without leverage.
“We are excited to offer a variety of investment vehicles such as the Income Fund from Sortis to Templum One,” said Christopher Pallotta, founder and CEO of Templum. “Templum is uniquely positioned to offer issuers like Sortis access to a differentiated investor base often unavailable through traditional channels. Templum One provides direct access to investment while bringing together investors and streamlining the capital raising process through our proprietary technology.”
For the temple
Templum is the operating system for private markets and alternative assets and is paving the way for investors to participate in new asset classes through integrated market technologies and APIs for primary issuance, secondary trading, alternative data and Templum One, our private markets and alternative asset ecosystem solution. Templum’s combined solutions improve efficiency and access in the private markets by enabling seamless, electronic workflows for alternative investments and a standardized infrastructure to support operations, instead of the fragmented manual processes currently used in the private markets. We bring together private market infrastructure, investment opportunities and investor capital into a single solution for private securities and alternative assets.
Templum Markets LLC. a wholly owned subsidiary of Templum, Inc., is a new Yorkbased broker-dealer and Alternative Trading System (ATS) approved for trading in non-registered private securities in 53 US states and territories. For more information, please visit www.templuminc.com.
About Sortis Income Fund
Sortis Income Fund is an evergreen real estate loan fund offered through a private placement to accredited investors. The fund is managed by Sortis, LLC. The fund has a conservative focus on underwriting and holding real estate loans. Sortis, with deep roots in the North West, has developed an extensive network over many years in banking and finance and has earned a reputation as a high quality private lender that can deliver efficiently.
About Sortis, LLC
Sortis, LLC is a leader in diversified alternative investment strategies focused on real estate, lending and acquisitions. Sortis’ funds include the Sortis Income Fund, The Sortis Real Estate Investment Trust, the Sortis Rescue Fund and the Sortis Opportunity Zone Funds. Operating under the principles of client focus, integrity, hard work and creativity, Sortis, LLC provides its accredited investors with well-managed, diversified asset-based investment strategies. Learn more at www.sortis.com
SOURCE Temple Inc.