Strategic Capital Resources - JJFN- Profile

Strategic Capital Resources, Inc.. The principal activity of the Company is to purchase and lease on "Triple net" basis, fully furnished model homes complete with options and upgrades to major publicly traded homebuilders and real estate developers. The company's principal operations consist of purchase and leaseback of fully furnished model homes, acquisition, development and sale of residential real estate and the purchase and leaseback of multi-family residential/commercial real estate. The company has a portfolio of 179 model homes. The subsidiaries of the company are JJFN Holdings, Inc., Model Funding I, LLC, Model Funding II, LLC and LLC Oak Hills Limited Partnership. Sale of model homes accounted for 75% of fiscal 2000 revenues; lease revenue, 19%; multi-family residential, 5% and interest and other income, 1%.