Scottsdale Resort Financing
Current target yield3
Min. annualized yield
8.5%
Term3
17 months
Fully repaid
Recently funded
Accepting $5,000 - $500,000 investments
Have an account? Log in
Accepting $5,000 - $500,000 investments
Overview
Positive development update
As of June 2022, the Sponsor has accelerated their business plan and successfully re-flagged the property under the brand of a major hotel group - over 6 months ahead of expectations. It was initially contemplated that the hotel group would obtain the flag after the Sponsor completed its $24.6M capital improvement plan but they made an exemption for the property and bypassed that requirement. This is a major milestone as it fast tracks the Sponsor's strategy to stabilize the asset. In the interim, the Sponsor remains on track to complete their $24.6M capital improvement plan by Q4 2022.
Premise
The loan’s floating rate nature enhances the yield investors receive during rising rate environments
The loan’s floating rate nature enhances the yield investors receive during rising rate environments
Investment secured by a branded resort-style property in a high-end area
Investment secured by a branded resort-style property in a high-end area
Resort location attracts both groups (incl. conference) and individual travelers
Resort location attracts both groups (incl. conference) and individual travelers
Loan originated by an experienced originator
Loan originated by an experienced originator
Strong business plan to capitalize and improve upon the location and property characteristics
Strong business plan to capitalize and improve upon the location and property characteristics
Essentials
Please refer to the Series Note Supplement in the Documents section for more details about this offering.
Please refer to the Series Note Supplement in the Documents section for more details about this offering.
Capital structure
Capital structure
Where does Yieldstreet lie in terms of priority?
Cash flow
Cash flow
How do I get paid?
Returns & Management fees
Ann'l management fee
1.0%
Estimated floating rate yield
Login to viewMinimum annualized yield
Login to viewSchedule
Payment schedule
Monthly
Target term
30 months
Extension options
2, 1-year
Structure
Tax document
1099-INT
Offering structure
BPDN
Ann'l flat expense
0.25%
Why our investors chose this offering
Craig S.
Craig S.
Investor since 2021
*The testimonials presented on this page have been provided by actual investors in Yieldstreet funds without compensation. Yieldstreet has selected the testimonials, and certain testimonials have been edited to remove personally identifiable information and for brevity. Testimonials were not selected based on objective or random criteria, but rather were selected based on Yieldstreet's understanding of its relationship with the providers of the testimonials. The uncompensated testimonials presented here may not be representative of other investors' experiences, and there can be no guarantee that investors will experience future performance or success consistent with the testimonials presented.*
Investing in private markets and alternatives, such as this offering, is speculative and involves a risk of loss, and those investors who cannot afford to lose their entire investment should not invest. Returns are not guaranteed.
"Annual interest," "Annualized Return" or "Target Returns" represents a projected annual target rate of interest or annualized target return, and not returns or interest actually obtained by fund investors. Unless otherwise specified on the fund's offering page, target interest or returns are based on an analysis performed by Yieldstreet of the potential inflows and outflows related to the transactions in which the strategy or fund has engaged and/or is anticipated to engage in over the estimated term of the fund. There is no guarantee that targeted interest or returns will be realized or achieved or that an investment will be successful. Actual performance may deviate from these expectations materially, including due to market or economic factors, portfolio management decisions, modelling error, or other reasons.
Docs
This offering page describes only certain aspects of the offering ("Offering") of the securities issued by YS AltNotes I LLC ("Issuer"). The Offering is made only by means of the Private Placement Memorandum dated January 14, 2022 and the Series Note Supplement relating to the Offering (collectively, the "Offering Documents"). The information on this offering page is a summary of the Offering, does not purport to be complete and should not be considered a part of the Offering Documents, or as incorporated in the Offering Documents by reference or as forming the basis of the Offering. No person has been authorized to give any information or to make any representations other than those contained in the Offering Documents or in any marketing or sales literature issued by the Issuer or Yieldstreet Management, LLC, as adviser thereto, and referred to in the Offering Documents, and, if given or made, such information or representations must not be relied upon. All investors must read the Offering Documents in their entirety prior to investing in the securities.
Investing in private markets and alternatives, such as this offering, is speculative and involves a risk of loss, and those investors who cannot afford to lose their entire investment should not invest. Returns are not guaranteed.
"Annual interest," "Annualized Return" or "Target Returns" represents a projected annual target rate of interest or annualized target return, and not returns or interest actually obtained by fund investors. Unless otherwise specified on the fund's offering page, target interest or returns are based on an analysis performed by Yieldstreet of the potential inflows and outflows related to the transactions in which the strategy or fund has engaged and/or is anticipated to engage in over the estimated term of the fund. There is no guarantee that targeted interest or returns will be realized or achieved or that an investment will be successful. Actual performance may deviate from these expectations materially, including due to market or economic factors, portfolio management decisions, modelling error, or other reasons.
2 Represents an net annualized return, using an internal rate of return (IRR) methodology, with respect to the matured investments shown in your Portfolio experience, utilizing the effective dates and amounts of subscriptions and distributions to and from the investments, net of management fees and all other expenses charged to the investments.[read more]