Annual interest3
Final term3
8 months
Recently funded
Accepting $10,000 - $1,000,000 investments
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Accepting $10,000 - $1,000,000 investments
Why we're excited about this deal:
The loan's collateral coverage which includes nearly 1,500 lots that have an "as is" loan-to-value of 50%, plus the loan is secured by a first lien on all income and profits generated from two to-be-developed single family rental properties.
The developer has executed purchase and sale agreements with a publicly listed, national homebuilder to purchase 125 finished lots. This homebuilder has demonstrated sustained interest in the lots and has been purchasing lots from the developer since 2015.
The offering's short duration, which has a target initial remaining term of only 22-months
Read more about the resurgent real estate market
Target gross yield
10.86%
Management fee
1.25%
Target net yield
9.61%
Interest type
Actual 360
Payment schedule
Monthly and event based
Prefunded
Term
Date
Initial target term
May 1, 2023
Extension option
One 12-month
Tax document
1099-INT
Offering structure
BPDN
Expenses
First year expense
$100
Annual flat expense
$30
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Please refer the Series Note Supplement in the Resources section for more details about this offering.
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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, modeling error, or other reasons.