Historically strong passive income from REIT dividendsLast quarter: 8.4% dividends
Diversify your portfolio through REIT ownership of high-quality commercial properties
Access to real estate managed by experienced investors$5mm skin-in-the-game from management with over $5.4b in transactions
Open to non-accredited investors at a low minimum100 shares minimum at $1,000
Simple fee structure, just 3% up-front and 2% on-goingAll quoted dividends are net of fees
Modest leverage at 55% current loan-to-cost
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 others.
Allied Solutions Building is a $32 million mixed-use building in the heart of a major mixed-use redevelopment in the affluent Indianapolis suburb of Carmel. The 142,000 square feet class A project serves as the centerpiece of the greater Midtown Carmel redevelopment. Tenants include Allied Solutions, LLC (108,000 leased until 2030), F.C. Tucker (15,750 leased until 2029), and Fork+Ale House (3,191 leased until 2029).
Right now the Offering 1st Streit Office consists of Streitwise Plaza and the Allied Solutions Building. We are actively pursuing additional properties. We intend to acquire, over time, a diversified portfolio of quality office properties. You can get more details about what’s in our Current Offering HERE.
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.
Since inception, we’ve delivered over 8% annualized quarterly dividends with a target of 8-9% for 2020. You can find more information on our historical dividends on the SEC’s website and in our Historical Performance.
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.
Investments in stREITwise are open to both accredited and non-accredited investors in accordance with the “qualified purchaser” requirements included in our OC. 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.
$1,000 is the minimum initial investment. Once you’ve invested you can increase your holdings in $500 increments.
Streitwise applies . This one-time amount does not reduce the3% of your invested funds towards organizational and offering costs shares you own.
Our Sponsor is paid a 2% annual management fee and is reimbursed for acquisition and operating expenses. For the on-going 2% fee, that’s taken out of the distribution and all returns quoted are net of fees. Our fund does not charge acquisition fees, servicing fees, special servicing fees, financing fees, or disposition fees.
Full details of our compensation and fees is included in our Offering Circular.
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 is cyclical 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.
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 of the Offering Circular.
Subject to certain limitations and clearances, we are able to accept international investors. On-boarding of foreign 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.
There are several tax advantages to investing in REITs that aren’t available with other investable companies:
For more information on the tax benefits of REIT investing click here.