Alliance Mortgage Fund
Private real estate investing, built on California lending since 1996.
Alliance Mortgage Fund invests in California real estate-secured loans originated and managed by Alliance Portfolio, with an emphasis on borrower equity and disciplined underwriting.
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A current look at the Fund.
Alliance Mortgage Fund is built around real estate-secured loans, borrower equity, disciplined underwriting and a focused California portfolio. The figures below give investors a current view of portfolio size, leverage at the loan level and recent distribution history. Portfolio figures are as of August 26, 2026, with distribution data through July 2026.
View Alliance Mortgage FundPoint-in-time portfolio figures are drawn from the Alliance Mortgage Fund portfolio letter and lender statement dated August 26, 2026. Distribution and actual blended yield figures are trailing 12-month averages of monthly figures for the 12 months ended July 2026; monthly values are shown as reported. Point-in-time and trailing 12-month figures are different measurements and should not be read as the same metric. Actual blended yield is the yield generated by the loan portfolio and is not an investor return.
Past performance does not indicate future results and returns are not guaranteed. Nothing on this page is an offer to sell or a solicitation of an offer to buy any security. Any offer is made only through the current offering documents, which govern and should be read in full.
Why Alliance Mortgage Fund
Four principles behind the Fund.
Alliance Mortgage Fund holds real estate-secured loans rather than property. Its approach centers on borrower equity, experienced underwriting, California market familiarity and no Fund-level leverage.
See how the Fund worksBorrower equity
Real estate-secured loans are structured with meaningful borrower equity, reflected in the loan-to-value of the underlying collateral.
California focus
A portfolio concentrated in markets where Alliance Portfolio has lending experience and market familiarity.
Underwriting discipline
Loan-level underwriting considers the property, borrower, repayment strategy and downside scenarios.
No Fund-level leverage
The Fund does not borrow against its portfolio to finance the loans it holds, avoiding a separate layer of Fund-level debt.
From origination to repayment
The lending experience behind the Fund.
Alliance Portfolio originates, underwrites, funds and services private real estate loans. That firsthand experience, from initial review through repayment, informs how loans are evaluated for Alliance Mortgage Fund.
See how the Fund worksSince 1996
Private real estate lending in California
$1B+
Real estate loans funded
1,000+
Loans originated and serviced
- OriginateSource and structure the loan
- UnderwriteEvaluate property, borrower and exit
- FundClose and deploy capital
- ServiceManage the loan through its term
- RepaymentSee the structure through payoff
California focus
California isn’t one market.
Alliance Portfolio has spent decades lending across California, from coastal markets to major metropolitan areas and the communities in between. That experience brings local context to every transaction, including the property, location, structure, timing and repayment strategy.
The company’s California focus is deliberate. Familiarity with these markets, the people involved and the underlying real estate informs how Alliance Portfolio approaches both lending and investment management.
About Alliance PortfolioInvestor resources
Information for the way you invest.
Success stories
Real situations, and the structures built around them.
Each one is a funded Alliance Portfolio transaction: the problem the borrower brought, and the financing we put in place.
Portola Valley, California
A $5.6M first trust deed investment at 29% loan-to-value, paid off in 8 months, returning $399,498 at a 10.00% net rate.
View success story
Newport Coast, California
A $500K second trust deed investment at 51% loan-to-value, paid off in 4 months, returning $20,983 at a 11.00% net rate.
View success story
Newport Beach, California
A $1M second trust deed investment at 48% loan-to-value, paid off in 23 months, returning $237,850 at a 12.00% net rate.
View success storyPast performance does not indicate future results.
Investments in trust deeds secured by one or more interests in real property are subject to risk of loss.
Alliance Portfolio • Real Estate Broker • CA DRE • 02066955 Broker License ID
Client perspective
In their words.
Insights
What we’re seeing across real estate and private capital.
Next steps
Learn more about Alliance Mortgage Fund.
Request the current Fund information, or explore the Fund’s strategy, portfolio and terms.
Have another question? Talk to Alliance Portfolio