Streitwise just completed another 10% annualized quarterly dividend distribution for all eligible investors, net of fees*. Our quarterly NAV has also increased from $10/share to $10.11/share.
The NAV adjustment reflects appreciation in the total value of the REIT. Of course, valuations may fluctuate pursuant to changes in the portfolio, especially as we approach the expiration dates of large leases, but we’re happy with the performance to-date.
Note: While this is the 9th straight distribution at 10% annualized, this is not a guarantee of future returns. Both the shareholder NAV and the dividend distribution are subject to change quarterly. An investor two years ago that invested $10,000 with Streitwise would have a total return of over $2,000 assuming current NAV.
Historical NAV Information
Below is the NAV per share of Common Stock, as determined in accordance with the Company’s valuation policies, for the fiscal quarter ended December 31, 2018. For the prior periods, the Company was not required to calculate NAV.
June 30, 2018 – $9.95
September 30, 2018 – $9.95
December 31, 2018 – $10
March 31, 2019 – $10.11
Mr. Karsh is a Partner and Co-Founder of Streitwise. His primary responsibilities include sourcing and executing new investments, managing corporate operations, and overseeing investor relations and reporting.
Prior to forming Streitwise, Mr. Karsh was an Acquisitions Analyst for Canyon Capital Realty Advisors and the Canyon-Johnson Urban Funds, where he was responsible for underwriting, structuring and executing value-add and opportunistic transactions. He holds a Bachelor of Arts degree in Political Science from the University of Pennsylvania. Mr. Karsh is a member of ULI and is also a Real Estate & Construction member of the Jewish Federation of Greater Los Angeles.