The successful work-out strategy implemented by Yieldstreet and the originator, iBorrow, resulted in a full recovery of outstanding principal and accrued interest for Los Angeles Pre-Development Financing. In March 2019, we launched Los Angeles Pre-Development Financing on the Yieldstreet platform. Investors had the opportunity to invest in a first mortgage loan secured by five adjacent […]
3 years agoOffering overview Yieldstreet Real Estate closed and funded a $7.1M preferred equity investment for the development of a 368-unit garden-style multi-family complex and five retail pads in Riverview, Florida in August 2020. Riverview is approximately 15 miles southeast of Downtown Tampa and is part of a recent wave of development surrounding the city. Below are […]
3 years agoIn June 2019, we launched Miami Pre-Development Financing on the Yieldstreet platform. Investors had the opportunity to invest in a junior position of a first mortgage loan backed by 6.2 acres of land located in the Brickell section of Miami, Florida. As part of the transaction, the originator, Ascend Real Estate Partners (“Ascend”), secured $35M […]
3 years ago