Overview: |
| Title: 15+ Years of Success: Exploring One of the Pacific Northwest’s Best Alternative Investment Strategies |
| Date: Monday, October 9, 2023 |
| Time: 1:00 PM Eastern Daylight Time |
| Duration: 1 hour |
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Summary: |
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Now On Demand |
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Speakers: |
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Scott Rerucha is the CEO and co-founder of Legacy Group Capital and has over three decades of indispensable industry experience. As CEO and managing partner, Scott provides leadership for all aspects of the company’s operations, emphasizing long-term goals, development, profit, and return on investment. Before Legacy Group Capital, Scott held successful tenures with numerous financial institutions throughout the Puget Sound Region. In 1993, he founded Bay Mortgage, which became one of the largest mortgage banking operations in the state of Washington. After Bay Mortgage was acquired, he founded Sky Bank, a new de novo bank, which was successfully sold in 2003 to First Independent Bank of Vancouver, WA. In 2006, Scott co-founded Legacy Group Holdings, the parent company to Legacy Group Capital, Legacy Group Lending, and Legacy Group Escrow. The Legacy Group family of companies experienced substantial growth and success, which was recognized with several industry awards, including the Fastest Growing Private Business and the Best Companies to Work. By 2013, Legacy Group’s mortgage company had become one of the country’s top 25 mortgage banking operations. It was successfully sold to WJ Bradley of Denver, CO. Legacy’s growth and service level has made them the premier private lender in the PNW. Scott earned his Bachelor of Arts in Finance and Economics from Seattle University. While attending Seattle University, Scott was a scholarship athlete on Seattle University’s tennis team. |
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Christopher Steward is a partner at Legacy Group Capital and was essential in developing the investor relations framework for Legacy’s four real estate funds. Chris currently manages a book of business with high-net-worth investors, providing investment and economic insight. Before Legacy Group Capital, Chris owned and operated a financial services franchise with Ameriprise Financial under Steward & Walters, which managed over $100 million in client assets when the company was sold. In 2009, he partnered with his wife in operating Lam’s Seafood. Under his management, the company grew from $8 million in revenue to $19 million and was ranked as one of Forbes’s Fastest-Growing “Inner City Businesses” in the Country. After selling Steward & Walters and Lam’s Seafood in 2015, he joined Legacy Group Capital as a partner and as the Director of Investments. |
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS, AND ANY EXPECTED RETURNS OR HYPOTHETICAL PROJECTIONS MAY NOT REFLECT ACTUAL FUTURE PERFORMANCE. ALL INVESTMENTS INVOLVE RISK AND MAY RESULT IN PARTIAL OR TOTAL LOSS. There can be no assurance that an investment opportunity or any projected or actual performance shown on the Site will lead to the expected results shown or perform in any predictable manner. It should not be assumed that investors will experience returns in the future, if any, comparable to those shown or that any or all investors on the Site experienced such returns.
Performance Disclosure
Projected and/or hypothetical performance assumes future returns similar to historic returns, even though no borrower or investment opportunity made available by and through the Site is obligated to pay any distributions in the future, and is intended to show only an expected range of possible investment outcomes based on historical average returns and standard deviation of each investment opportunity presented by Legacy Group Capital, but does not take into consideration the effect of taxes, changing risk profiles, or future investment decisions. Projected and/or hypothetical performance does not represent actual investments and may not reflect the effect of material economic and market factors. Any other assumptions for projected or hypothetical performance shall be otherwise noted as applicable.
Actual investors on the Site may experience different results from any hypothetical results shown. There is a potential for loss, as well as gain, that is not reflected in the hypothetical information presented. Investors should carefully review the additional information presented on the Site as part of any hypothetical comparison.
Furthermore, please be aware that: (i) that real estate investments are generally highly risky, volatile, and unpredictable; (ii) the real estate industry, the real estate lending industry, and the real estate finance industry in general are subject to significant ebbs and flows and market shifts; (iii) that any investment opportunity one participates in by and through the Site may not generate sufficient cash flow, returns, and/or repayment monies to return any investment, provide sufficient cash flows, or otherwise satisfied any of your investment goals and/or budgetary requirements; (iv) that the value of any underlying real estate property associated with any investment opportunity that one participates in by and through the Site may decline after such participation, thereby potentially lowering the value of any investment or the likelihood of achieving a return of any investment monies; and (v) the Site may provide access to investment opportunities that purport to be “backed”, “secured by”, or otherwise linked to a real property asset, these items cannot and do not guarantee any return of any investment.