by Yieldstreet | Staff
Golf courses may not seem like a likely CRE asset class, but increasing interest in golf as a post-pandemic pastime as well as a consistently high yielding investment make it an attractive option for Yieldstreet investors. In this episode, Yieldstreet Senior Director of Real Estate Mitch Rosen joins First National Senior Managing Director Jerry Sager for a conversation on how golf courses are financed and viewed through the lens of commercial real estate lending.
[:50] A high level perspective on the $84 billion industry of golf as a CRE asset class.
[4:17] Trends in the golf space that have led to high-yielding increased lending.
[7:09] Lender lessons learned from investing in the golf CRE space.
[10:26] Trends in golf products based on population and other key demographics.
[15:05] Potential risk and yield opportunities within golf CRE investments.
[17:30] Loan details and increased demand for golf in a post-pandemic market.
[18:48] What are the cap rates for trading within the golf CRE marketplace?
[21:54] Yieldstreet’s plan for partnering in the golf lending space.
[23:31] A comparison of current return rates and interest in investing in golf to five years ago.
[25:55] Trends in golf aggregator memberships and the potential impact on investments.
[27:48] Considerations surrounding the environmental impact of golf.
[29:57] Are home buyers as interested in buying golf course properties as they once were?
[32:32] What is the average cost to build a champion level golf course?
Take all of our content on the go with you and listen on demand no matter where you are. Subscribe on Apple Podcasts, Spotify, YouTube, or wherever podcasts are available so you don’t miss an episode.
Gain access to unique offerings previously reserved for the ultra-wealthy
Customize your portfolio for income, growth, or a balance of both
Get started today and earn an average IRR of over 8%
The due diligence, risk management, and product education materials are thorough, excellent, and easy to use and understand.
Excellent and unique selections that I can't find elsewhere.
The platform delivers in a very concise manner. Easy to get a clear understanding at a glance from the web or mobile app.
Our weekly podcast providing ideas about how to make money work for you and bring you closer to your dreams.