Full-Service Fund Administration Service

 When certain properties are struggling, they can be addressed in one of three ways:  Improve the property based on new tenant/buyer demands  Modernize and make the asset more appealing to potential tenants or buyers using money and resources  Repurpose property into something newer that would accommodate different usage. Adaptive reuse refers to the identification, acquisition, and renovation of existing structures and reestablishing them as assets to their communities. There’s a direct correlation between the number of abandoned buildings and crime rates, and abandoned buildings have a negative effect on the value of nearby properties. Demolition of older buildings won’t make communities more inviting or affordable. Plus, developers find a lot of potential in the location, environment, and aesthetic of these distressed properties. Read More:  1031 Exchange Series: Preserving History While Building For The Future Contact Details: sales@phxa.com 415-485-4500 Private Equity Fund Accou

 The benefits to investment funds of outsourced fund operations, including fund accounting , administration, tax services, sales reporting, investor phone support, web portal, printing, fulfillment and compliance support, are many and varied. But here are 10 ways that third-party back office outsourcing simply benefits the bottom line: 1. Payroll savings The costs and complications of maintaining an in-house staff for fund operations only magnifies as your fund succeeds and grows. Sick time, vacations, employee benefits, training, etc. are a considerable expense and an unnecessary headache for a successful and expanding office. Hiring and firing, overstaffing and understaffing, training and retraining are ongoing challenges. Quality third-party fund operations gets all the back-office tasks done with no staffing or human resources issues. Read More:  10 Ways Third-Party Fund Administration Saves You Money Contact Details: sales@phxa.com 415-485-4500 2401 Kerner Blvd, San Rafael, CA

Sponsors should concentrate on investments. Their wholesalers should concentrate on selling. Those with outsourced administration are better prepared for interruptions to either or both. An uninterrupted professional investor and advisor facing team allows you to deal with major problems that erupt without sacrificing attention to your investor base. Outsourced fund operations improves your ability to face challenges without concern for investor data security, continued processing of new business, communication with investors through familiar channels, responses to an upsurge in client phone calls and all the everyday business of investor service. The COVID-19 pandemic crisis is an opportunity to re-evaluate your systems, practices and staffing. Phoenix American’s pandemic recovery plan established operational team redundancy and alternating shifts working remotely for seamless business continuity for our clients during a crisis like COVID-19. Read More:  How To Emerge From COVID-19 St

  Lighthouse Life Capital’s fixed income debt investments, Beacon Bonds, provide investors the ability to participate in the life settlement asset class. Lighthouse Life’s strategy is to source and purchase unwanted, unneeded or unaffordable life insurance policies and generate revenue from the resale of the policies to third-party purchasers. Proceeds from Beacon Bonds are used to expand networking, marketing and advertising of Lighthouse Life’s life settlement services and to purchase additional policies. Lighthouse Life works with financial professionals, including insurance agents, financial advisors, accountants, and others who advise and assist life insurance policy owners with the sale of unwanted policies. The goal is to realize return from the resale of policies in weeks or months rather than years, mitigating the risk of constructing and maintaining a portfolio of policies typically associated with life settlement funds. Read More:  New Client: Lighthouse Life Capital Contact

 Phoenix American Financial Services, Inc. (“Phoenix“) is pleased to announce its new client partnership with LaSalle Investment Management (“LaSalle”) to support their new 1031 platform of products. Phoenix will support LaSalle with its advanced proprietary transfer agent system , STAR-XMS , and industry leading investor services platform , which combines advanced technology, a focus on customer service and decades of experience with the unique operational requirements of real estate funds and 1031 exchange funds. With the growing variety and sophistication of alternative real estate funds and the increased regulatory compliance they require, advanced operational solutions are critical to the success of today’s fund sponsors. Phoenix American has combined the most efficient systems and back office processes in alternative investments since its origins as a fund sponsor in 1972. The Company’s industry leading STAR-XMS transfer agent system is the result of Phoenix’s direct experience a