Streitwise is neither a technology platform nor a marketplace where the crowd can invest in deals offered by outside sponsors or real estate groups. It is a real estate investment company that uses an online platform solely as a means of raising capital for internally managed properties within their REIT.
Unlike most REITs that focus on buying properties, improving them and reselling them, Streitwise focuses on acquiring properties located in prime market areas and owning them long term for the rental income generated by the businesses leasing their space.
Underwriting is done in house with a focus on downside risk protection through tenant vetting to ensure the ability to pay and efficient property management to maintain value to retain tenants and quickly backfill if there is a vacancy.
The three founding partners of Streitwise have serious “skin in the game,” with a total of more than 500,000 shares invested themselves. That means they have a huge personal stake in the selection, management, and profitability of the assets held in the REIT.
Since inception, Streitwise has delivered annualized dividends. Its target is 8% to 9% each quarter.
For the individual investor, Streitwise could be a great way to invest in commercial real estate without needing accreditation or many thousands of dollars to get started.