The Harvest Companies appears to be a solid investment opportunity for those looking to diversify into high yield real estate investing. The company has been around since 1989 and in 1994 started to make joint venture loans to developers and real estate investors.

Since that first joint venture, Harvest has been involved in financing the acquisition of over $300 Million of commercial and residential real estate. Today, Harvest Companies is a diversified real estate organization engaged in residential home building, land development, and construction of senior housing.

Harvest offers high-yield, predictable, short-term investments secured by residential and commercial property. Historically, these investments have been 40-50% higher than other interest-bearing investments.

Harvest fills a niche in the marketplace to give borrowers the fast access to the cash they need for real estate projects. Traditionally, our borrowers need money faster than banks can get it to them. Banks cannot react as quickly because their underwriting criteria is more stringent, it requires more documents and analysis. Since Harvest is privately funded, we have the flexibility and access to loan money because Harvest is an asset based lender. Looking primarily to the collateral package, to supplement other specific underwriting criteria, allows Harvest the flexibility to loan money quickly.

Harvest offers investments in real estate transactions that generate a foreseeable high-yield return. For example, Harvest would make a first mortgage of $60,000 based on a property valued at $100,000 after repair or construction, thus providing an investment with a 40% equity cushion. This means that if the borrower defaults, the property could be sold for as little as $70,000 to cover the investor’s principal and interest.

Taken from their website, this is How It Works:

Who can invest? – Anyone can invest. Harvest Mortgage provides an investment vehicle for your Individual benefit, IRA, Pension and Profit Sharing Plan, or any other custodial or trust situation you might have.

What are the terms of the investment? – Harvest has provided creative financing opportunities for its borrowers. These opportunities are usually short term, interest only loans with a maturity date of twelve (12) months to thirty-five (35) months. Historically, most loans have been paid off within ten (10) to twelve (12) months with an average loan size of $90,000.

How much can I invest? – Investments can be structured to fit your individual needs. We can accommodate any amount ranging from $50,000 to $2 million. For example, if you have $100,000 in an IRA that you want to rollover, we can assist you with that process.

How am I paid? – Harvest mails a monthly check to each investor on the 20th of the month. A check can be mailed to a Trustee with a copy to the individual investor if the account is a fiduciary one. Each check indicates the monthly payment, investment (borrower) name and property address and other pertinent information.

End of the Year Accounting – Harvest Mortgage issues 1099-Int’s to investors for the income earned during the prior year.

What is the catch? Unlike a certificate of deposit (CD) or other marketable security (e.g. stock or bond) that can be readily available for cash, a mortgage investment is not liquid until the loan is paid off.

When can I access my investment? – When a borrower’s loan is paid off, a Harvest representative calls the investor (or investor’s designees) to advise them that a payoff is forthcoming. At that point, the investor may request his investment to be returned to him or rolled into another similar investment.

To find out more information, please visit their website at www.theharvestcompanies.com or contact them.

Telephone: 770-421-8082
Fax: 770-425-7266
Toll free: 800-972-LEND (5363)
General Info Email: investing@theharvestcompanies.com
Servicing Email: servicing@theharvestcompanies.com
Accounting Email: accounting@theharvestcompanies.com
Mailing Address:
Harvest Investing
1800 Parkway Place
Suite 130
Marietta, Georgia 30067

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