Streitwise is distributing 3Q21 dividends today equating to an 8.4% annualized yield based on the original $10.00 share purchase price and an 8.3% annualized yield based on the current NAV of $10.13/share.
Dividends will be paid pursuant to the payment option selected in your Investor Center for all eligible investors. Please allow 1-2 business days for the activity to be reflected in your account.
Since inception, we have averaged 9.4% of historical dividends and we have hit our dividend target of 8-9% thus far in 2021.
Investors are now able to access their account using the Streitwise iOS app.
Eliot Bencuya is the co-founder and CEO of Streitwise. Eliot has extensive experience identifying, underwriting, and executing value-add real estate investments.
Prior to forming Streitwise, he was a Vice President of Acquisitions for Canyon Capital Realty Advisors and the Canyon-Johnson Urban Funds, where he was responsible for originating, underwriting, structuring and executing transactions in the Pacific Northwest, Northern California and Midwest regions. Mr. Bencuya also held positions at Sovereign Investment Company (a subsidiary of the Marcus and Millichap Company) and the investment banking division of Merrill Lynch & Co. He holds a Bachelor of Arts degree in Economics and International Studies from Yale University, and a Masters of Business Administration degree from the Haas School of Business at the University of California, Berkeley. Mr. Bencuya is a member of ULI.