Dividends (10% annualized since inception)
Diversified exposure to real estate
Leading our current offerings is stREITwise Plaza in Sunset Hills, St. Louis. This is a 290,000 square feet Class A office park that features the Panera Bread HQ’s, New Balance’s Regional HQ’s, Wells Fargo, Edward Jones, Nationwide Insurance, among more. The aim of this acquisition is to provide investors a diversified portfolio of institutional‐quality office buildings. With its investments to date, 1st stREIT Office has been able to make 10% annualized dividends to its existing investors since its inception.
Our second 1st stREIT Office acquisition is coming soon and will be part of the same portfolio as the Panera Bread HQ St. Louis Office Park. The goal of this acquisition is to provide investors a diversified portfolio of institutional‐quality office buildings. With its investments to date, 1st stREIT Office has been able to make 10% annualized dividends to its existing investors since its inception.
Investments in stREITwise are open to both accredited and non-accredited investors in accordance with the “qualified purchaser” requirements included in our Offering Circular. If you are a non-accredited investor and a natural person, your investment may be no more than 10% of the greater of (i) your individual or joint net worth, excluding the value of your residence, and (ii) your individual or joint income in each of the two most recent years, as well as your expected income in the current year. Full detail on the qualification requirements is available in our Offering Circular.
We expect that we will declare and pay dividends on a quarterly basis, and that the dividend rate will be set at a level that we be believe will be consistent and sustainable over time. There can be no assurance as to when, if, and at what level, dividends will be paid as that is a decision our Board of Directors makes each quarter.
There is an upfront 3% fee and then ongoing annual 2% management fee, all taken out before your dividend distribution. For example, last quarter we distributed 10% annualized dividends to investors and that amount is net of fees, meaning fees were taken out beforehand.
Unlike some other REITs which can be as high as 10-15%, we do not charge any acquisition, disposition, financing or performance fees, nor do we have any joint ventures with partners who may charge those fees. This is the reason why we received the Best Fees Award by the Real Estate Crowdfund Review. Full details of our compensation and fees is included in our Offering Circular.
To the extent returns are generated on any investment, they would be reflected through (i) distributions in the form of dividends, and (ii) potential appreciation in asset value. The timing and amount of an investor’s return is not guaranteed, and past performance is not indicative of future returns.
Yes, there are risks. Similar to any investment, there is no guarantee of a return of principal or any return thereon. The real estate market has economic cycles and it is difficult to know how and when the market will change.
The stREITwise principals have over 40 years of combined real estate investing experience and over $5.4 billion in transactions, across market cycles. You can view our SEC filings, and Offering Circular.
$1,000 is the minimum initial investment. Once you’ve invested you can increase your holdings in $500 increments.
All investment documents are processed electronically on our website through technology and stock transfer agent services provided by FundAmerica and Computershare, respectively, both established and secure platforms. This allows for an efficient and seamless investment process, while ensuring the authenticity and security of your information. Once your investment is processed and funds are received, you will be emailed a confirmation and your subscription agreement.
There is a 1 year lockout, then you will have a quarterly option to participate in our Stockholder Redemption Plan, subject to certain restrictions that are fully explained in the Stockholder Redemption Plan section of the Circular, page 92 of the link HERE.
Investments through stREITwise must be reported to the Internal Revenue Service and be cleared for anti-money laundering checks. As such, we are required to obtain your social security number and date of birth to process the investment.
Subject to certain limitations and clearances, we are able to accept non-U.S. international investors. The process for enrolling international (non-U.S.) customers is typically done over the phone where we go through the online form with wireless payments enabled.
On-boarding of non-U.S. investors, registration and setup of the investor center, and delivery of physical correspondence may be delayed relative to domestic investors.
Go here for full details about how to get started as an International Investor.
Subject to change per our public filings, but historically, and current expectations, are that dividends, if and when declared, would be paid on or around the last day of each calendar quarter.