Summary
SHA6 Residential Mortgage Sr. 2023-1 is a $95,526 loan offering structured as a senior position in Great Neck listed on Percent.
The issuer is Series 110 of Cadence Group Platform, LLC, organized in Delaware, offered under Rule 506(c).
The offering carries a stated rate of 12%, a term of 18 months, and a minimum investment of $2,500.
It is secured by SMB Financing / Asset Based.
AltStreet tracks 7 other Percent offerings in Great Neck, with disclosed rates ranging from 10% to 12.5%, and across 1,133 tracked Percent offerings the median disclosed rate is 15%.
Terms shown here are drawn from direct platform disclosures and were captured by AltStreet on 2026-10-06. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $95,526
- Stated rate
- 12%
- Term
- 18 months
- Position
- Senior
- Minimum investment
- $2,500
- Collateral
- SMB Financing
- Return type
- Interest
- Distribution frequency
- Monthly
- Tax document
- 1099-INT
- Status
- Exited
- Exemption
- Rule 506(c)
- Issuing entity
- Series 110 of Cadence Group Platform, LLC (Delaware)
- Target return
- 12% APR
- Senior secured
- Yes
- Liquidity
- Locked
- Distributions
- Contractual
- Launched
- 2023-07-20
- Closed
- 2023-07-20
- Expected exit
- 2025-01-20
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Where It Sits in Percent's Book
Disclosed rate
12%
Above 20% of peers, median 15%. Low for the book.
Hold period
18 mo
Above 71% of peers, median 9 mo. High for the book.
Compared against 1,080 other Percent private credit offerings with a disclosed rate. This offering is one of 142 Percent private credit offerings launched in 2023. A percentile places a disclosed term, not a result. Browse the full Percent book.
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, 1,132 comparable offerings side by side.
Access full researchQuestions About This Offering
What is SHA6 Residential Mortgage Sr. 2023-1?
SHA6 Residential Mortgage Sr. 2023-1 is a $95,526 loan offering structured as a senior position in Great Neck listed on Percent. The issuer is Series 110 of Cadence Group Platform, LLC, organized in Delaware, offered under Rule 506(c). The offering carries a stated rate of 12%, a term of 18 months, and a minimum investment of $2,500.
What interest rate does SHA6 Residential Mortgage Sr. 2023-1 pay?
The offering carries a stated rate of 12% over a term of 18 months, as disclosed at the time of the offering on Percent. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.
Who is the issuer of SHA6 Residential Mortgage Sr. 2023-1?
The securities are issued by Series 110 of Cadence Group Platform, LLC, organized in Delaware. The offering relies on Rule 506(c), which permits advertising but limits sales to verified accredited investors.
When did SHA6 Residential Mortgage Sr. 2023-1 launch and close?
The offering launched on 2023-07-20. It closed on 2023-07-20. The expected exit date is 2025-01-20. AltStreet records its status as exited.
What is the minimum investment for SHA6 Residential Mortgage Sr. 2023-1?
The disclosed minimum is $2,500. Eligibility, availability, and the current status of this offering are determined by Percent, not by AltStreet.
Is SHA6 Residential Mortgage Sr. 2023-1 still open to investors?
AltStreet's record shows the offering as exited. AltStreet tracks this offering from platform disclosures, last captured 2026-10-06. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Percent before acting.
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