Real estate investment is serious business. You need a solid partner to help you manage your property portfolio and aid in making the hard decisions when it comes to development and investment strategies. Accessibility to quality real estate investment trusts can often be an issue, thanks to over-priced REIT platforms with excessive fee schedules. That’s why it’s such a breath of fresh air that Streitwise brings to the real estate investment sector.
What Streitwise Brings to Real Estate Investment
Co-founded by CEO Eliot Bencuya in 2017, SEC-regulated Streitwise has already made some major waves in the real estate investment sector. This Reg A real estate investment platform has delivered 10% annualized quarterly dividends to investors on its properties since inception as of 3/31/19, and they’ve done it by being more inclusive than other REIT platforms. In fact, the secret to stREITwise’s success has been in offering low fees and a simple-to-use online real estate platform that’s open and accessible to real estate investors of every type, from newbies to old pros alike.
All this success had led to some exciting growth for stREITwise in just a short time. The company has just announced a new acquisition to its investment portfolio, a $32 million mixed-use building in Carmel, Indiana, one of the most affluent suburbs of Indianapolis. The 140,000-square foot Allied Solutions Building, already around 87 percent leased, is thought to increase in value over time thanks to its location in the heart of downtown Carmel in the heart of a busy mixed-use development surrounded by restaurants, coffee shops, fast-casual dining, service-oriented retail, and the locally renowned Sun King distillery and food hall right next door.
Success Driven by a Strong Sponsor
stREITwise is driven by strong sponsorship in the form of Tryperion Partners. In operation since 2013, Tryperion has 40 years of combined founder experience with more than $5.4 billion in transactions. With a 33.1 percent IRR on realized investments over three funds as of 12/31/18, stREITwise’s sponsor has provided the framework for this REIT platform to continue to flourish and grow, offering investment opportunities to one and all.
Tryperion Partners has enabled stREITwise to not just offer minimum investments of just $1000 to interested investors but also to do so at a #1 rated lowest fee structure among real estate crowdfunding sites. These fees are just 3 percent initially and 2 percent ongoing, considerably lower than some other REITs, which can often be as high as 10 to 15 percent. Also, because of Typerion’s strong backing, stREITwise distributes its 10 percent annualized dividends to its investors net of fees, which means those fees are taken out beforehand.
Putting Affordability First
This affordability and accessibility have always been a priority when it comes to stREITwise. That’s why the platform doesn’t charge acquisition fees, disposition fees, or fees for financing or performance. Typerion’s strong sponsorship also allows stREITwise to steer clear of joint ventures with partners who would charge those fees. The Real Estate Crowdfund Review stood up and took notice, awarding the platform its 2019 Best Fees Award.
Real estate investment can be difficult and fraught with risk and accessibility issues, but stREITwise seeks to level the playing field for everyone involved. If this easy-to-use, highly-accessible platform continues to grow and exhibit favorable ROI in the future, making it a highly recommended choice for new investors.
Want to learn more? Please see our Offering information here!