Historically strong passive income from dividendsHistorical Dividends 2017-20: 9.57% (net of fees)
Diversify your portfolio through shared ownership of high-quality commercial properties in a REITConservatively leveraged at 53% (portfolio-wide)
Access to private real estate managed by experienced investors$5mm skin-in-the-game from management with over $5.4b in transactions
Strong performance through 2020 recession8.4% dividends distributed in Q1 through Q4. 100% contractual rent obligation met from tenants through October 2020.
Open to non-accredited investors at a low minimum100 shares minimum at $1,021 (100 shares x $10.21 NAV price)
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 Headquarters, New Balance’s regional headquarters, Wells Fargo, Edward Jones, Nationwide Insurance, among other strong credit tenants.
As of Oct 2020, we have collected contractual rent obligations from every tenant other than one 2,043sqft tenant, which we will be back-filling with an existing tenant.
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), Fork+Ale House (3,191 leased until 2029), Java Cold Brew Coffee (2030) and Penn & Beech (2029).
As of Oct 2020, we have collected contractual rent obligations from every tenant.
The Offering 1st Streit Office currently 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 property. You can get more details about what’s in our Current Offering here.
How would you like to generate potentially high-yield passive income, diversify your portfolio away from the stock market, and build equity through institutional-quality real estate? Streitwise allows anyone (accredited or not) to easily invest in commercial real estate normally not available to regular investors. Fill out this form to learn more.
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 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% going forward. 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.
The minimum investment is 100 shares at the NAV price in effect at the time of purchase. This minimum has historically been $1,000 based on a NAV of $10/share but the minimum may change quarterly, based on NAV increasing or decreasing in price. Once you’ve invested you can increase your holdings in $500 increments.
As of Q1 2020, the minimum is $1,021 based on the NAV of $10.21 (100 x $10.21).
Streitwise applies 3% of your invested funds towards organizational and offering costs. This one-time amount does not reduce the 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.
Our Redemption Policy has a one year lockout period from the date of each investment (excluding dividend reinvestments) before shares can be redeemed. Between years 2 and 5, there is a discount applied to principal based on the schedule as outlined here: https://streitwise.com/redeem-your-funds/
We pay out redemptions once at the end of each quarter. Our Offering Circular limits the amount of shares we are able to redeem in any given quarter. If the maximum share redemption is reached, we will redeem funds on a pro rata basis each quarter until shares are fully redeemed.
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 non-USA 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.