Portland Multi-Family Financing Offering On Yieldstreet Offers 10.3% Yield

The crowdfunding investment platform Yieldstreet has announced the last call for an offering of a multifamily property in the Slabtown neighborhood of Portland, Oregon.

The offering is a debt investment that is backed by a 124-unit property now under construction. Construction began in April and is expected to take 18 months to complete. Within the last 10 years, the general contractor has built over 45 projects totaling $1.7 billion in contract value and currently has 19 projects under construction.

Half of the interest is paid out to investors on a current monthly basis, and the remaining half will compound and accrue with a deferred payment occurring at the maturity of the deal. Investing in debt as ...

Full story available on Benzinga.com

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