From what I gather, they are/were a payday loan company:Federal judge's ruling a victory for AG Kane in a 'preliminary skirmish'Emma GallimoreFeb. 10, 2016, 1:03pm 0 0 0 NewKanePHILADELPHIA - A federal judge has rejected a motion to dismiss a racketeering case brought by Pennsylvania Attorney General Kathleen Kane and a private law firm involving high-interest rate, short-term loans made to Pennsylvania citizens over the Internet.In Commonwealth of Pennsylvania v.

I am now considering investing hard money into tangible assets that indirectly are targeted for seniors which is a real problem...with a real solution... since as real estate investment patterned after mutual funds REITS are attractive as income producing capital for long-term growth.

Your comments are appreciated.This is is not your typical development because of its highly targeted buyer demographic and beautiful site in a city with very strong growth.Luxury Senior Living OpportunityHamilton Grove – a maintenance-free communityNortheast Indianapolis, IndianaHamilton County | Fishers-Geist ReservoirWe researched home and community designs that earn the favor of sophisticated and selective homebuyers of all generations.Regardless of age, those that choose to live in this community will share a vision for high-quality, low-maintenance living that affords optimal comforts and easy manageability.

However much personal liabilities you have, the deal needs to be that much more of a screaming deal for it to work.Often times lawful immigrants have an easier time getting financing for investment properties than natural born US Citizens.

Senior is at $64K and junior is at $63K UPB, so there's plenty of equity.

I currently have it locked up in crowd funding (senior debt) waiting to be deployed when the market is right. 

California currently has about 6M retired citizens.

It's nice to have controlled my own deals up unto this point so I have at least some basis for much of the other due diligence and underwriting.Right now, due to shared late market cycle concern, I'm gravitating towards all new investment dollars split equally between 1) Cash/MM  2) Safer Senior loans (although I hate the taxes on this one) and 3) MHP and SS syndications

This might include Seniors with Long-Time Ownership and Owners with Low Financial Stability Scores (FSS)These segments are also attractive because they probably haven't done much updating in a while and might defer maintenance.

It may continue to climb bc the standard of living is very nice still and there are a lot of programs like Senior Olympics that keeps bringing buyers.