Redwood Mortgage Investors IX Q3 2024 10-Q Filing
| Field | Detail |
|---|---|
| Company | Redwood Mortgage Investors Ix |
| Form Type | 10-Q |
| Filed Date | Apr 1, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: real-estate, debt, 10-Q, financials
TL;DR
Redwood Mortgage Investors IX Q3 2024 10-Q: Secured debt, trust deeds, and financing receivables detailed. Check portfolio health.
AI Summary
Redwood Mortgage Investors IX filed a 10-Q for the period ending September 30, 2024. The filing details their financial position, including secured debt and various types of trust deeds. Key figures relate to financing receivables and member capital, with specific data points for September 30, 2024, and comparative periods.
Why It Matters
This filing provides insight into the financial health and loan portfolio of Redwood Mortgage Investors IX, which is crucial for investors and lenders in the real estate debt market.
Risk Assessment
Risk Level: medium — The filing involves real estate debt, which carries inherent market and credit risks.
Key Numbers
- 2024-09-30 — Reporting Period End Date (Indicates the end of the fiscal quarter for which financial data is reported.)
- 2023-12-31 — Previous Year End Date (Provides a comparative point for financial performance analysis.)
- 2022-12-31 — Prior Year End Date (Offers a longer-term perspective on financial trends.)
Key Players & Entities
- Redwood Mortgage Investors IX (company) — Filer of the 10-Q
- 2024-09-30 (date) — End of the reporting period
- 2025-04-01 (date) — Filing date
FAQ
What is the total amount of secured debt as of September 30, 2024?
The filing indicates 'us-gaap:SecuredDebtMember' but does not provide a specific dollar amount for total secured debt in the provided snippet.
What is the breakdown of trust deeds (First vs. Second) as of September 30, 2024?
The filing mentions 'ck0001448038:FirstTrustDeedsMember' and 'ck0001448038:SecondTrustDeedsMember' for September 30, 2024, but specific values are not detailed in the snippet.
What was the net change in Member and Managers Capital between December 31, 2023, and September 30, 2024?
The filing references 'ck0001448038:MemberAndManagersCapitalNetMember' for both 2023-12-31 and 2024-09-30, but the specific change is not calculable from the provided text.
What is the status of financing receivables that are 60-89 days past due as of September 30, 2024?
The filing notes 'us-gaap:FinancingReceivables60To89DaysPastDueMember' for 2024-09-30, indicating a category of past-due receivables, but the exact amount is not specified.
Does the company have a Line of Credit facility in place?
Yes, the filing mentions 'us-gaap:LineOfCreditMember', indicating the existence of a line of credit.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 1, 2025 regarding Redwood Mortgage Investors IX.