Real EstateCottonwood Management

Scottsdale Resort Financing

Current target yield3

Min. annualized yield

8.5%

Term

35 months

Per the amended marketing rules adopted by the SEC, some investment details can only be shown to certain logged-in members.
Status

Closed

Recently funded

Accepting $5,000 - $500,000 investments

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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

Investment secured by a branded resort-style property in a high-end area

Resort location attracts both groups (incl. conference) and individual travelers

Loan originated by an experienced originator

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.

Capital structure

Where does Yieldstreet lie in terms of priority?

Cash flow

How do I get paid?

Returns & Management fees

Ann'l management fee

1.0%

Estimated floating rate yield

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Minimum annualized yield

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Schedule

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.

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.

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.