Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 23, 2022

Streitwise Review 2025

Jeremy Biberdorf
By: Jeremy Biberdorf
Aug 23, 2022

Disclosure

Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Disclosure: This page may contain affiliate links. This means we earn a small commission (at no additional cost to you) if you purchase a product through our links.
Streitwise Logo

4/5

4.0 rating based on 5 ratings

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In a Nutshell: Streitwise offers a private real estate investment trust (REIT). Streitwise’s single REIT is geographically focused so that the management team can focus on their subject area of expertise. Streitwise offers a quarterly dividend that returned 9.2% annualized over the past 21 quarters.

Still, the fund has only existed for five years, so there aren’t a lot of historical data points to refer to. Streitwise requires $1,000 minimum investment but is open to non-accredited investors.

Find out if a private REIT is right for you in our Streitwise review.

FeesMinimum Investment
2% annual $1000
Pros & Cons
Pros
  • Market specialization means management are subject matter experts
  • Fairly low management fee
  • Offers alternative payment options like crypto
Cons
  • Only one REIT is available
  • High minimum investment
  • Relatively new fund and not much historical return data yet

Compare to Other Investment Platforms:

Streitwise
4.0 rating based on 5 ratings
4.0/5
Learn More

Fees2% annual

Minimum Investment$1000

Fundrise
4.6 rating based on 5 ratings
4.6/5
Learn More

Fees1%

Account Minimum$500

First National Realty Partners
4.9 rating based on 5 ratings
4.9/5
Learn More

Fees$50,000 minimum investment per deal. .5% to 1.5% Asset Management Fee, determined on a per-deal basis. Other fees may apply.

Account Minimum$50,000

At a Glance

FeesNone.
Minimum Account Requirements$1000
Investment OptionsStreitwise offers one REIT to investors, with multiple portfolio (including SDIRA) and payment options like crypto.
Redemption OptionsYou are able to sell REIT shares after holding year.
Transparency All return reports and SEC filings are on their main page

What is Streitwise?

Streitwise, simply put, is a professional REIT management service and platform that offers private (i.e., not on the stock exchange) REITs to accredited and non-accredited investors.

Need a refresher on what a REIT is?

Real estate investment trusts, or REITs, are equities that represent a firm’s stake in income-generating real estate. Many different REIT types available can focus on geographic or industry (hotels, malls, etc.).

Streitwise offers one equity REIT, worth $81M, that is geographically focused with all properties in St. Louis and Indianapolis.

In general, REITs have solid returns. They also have the advantage of a longer collective time horizon, as REITs have been around for decades – the REIT sector has returned 11.51% over the past four decades, which is a strong showing.

External Streitwise Reviews & Ratings

SiteRating
Benzinga4.5
Monet Crashers4.5
Investopedia4.3
The College Investor4.1

How Streitwise Started

Streitwise was founded in 2017 and is the latest project of the holding company Tryperion Investments. Tryperion is a longtime private equity real estate investment firm that:

  • Identifies market inefficiencies for profit.
  • Takes an active role in management and leasing owned properties.
  • Invests back into the properties with capital improvement initiatives.
  • Finances properties intelligently.

Streitwise Investment Options

Streitwise has one REIT available for trading, and all properties are in St. Louis and Indianapolis. The overall REIT is worth $81M and is diversified to avoid idiosyncratic risk for any individual property industry.

The minimum investment for this REIT is $1000.

The distribution, or dividend, average is 9.2% annualized over the past 21 quarters and was 7.2% in the most recent quarter.

Dividends are distributed quarterly, usually around ten days before the end of the financial quarter.

The loan-to-value, or LTV, ratio is 0.5. The LTV determines leverage risk for property financing by dividing the mortgage amount by the appraised property value.

A “good” LTV is 0.8 or below in the real estate private equity industry, so Streitwise is appropriately leveraged, and fund dissolution seems unlikely.

Streitwise Pricing

The minimum investment for this REIT is $1000. Additional shares can be purchased for the same price.

Streitwise also offers dividend reinvestments, so your distributions can be used to buy additional shares.

The fee, 2% of the portfolio’s value, is taken directly from distributions, so you won’t even notice that you’re paying a fee.

Streitwise Features

Streitwise offers a few advantages over standard REITs:

Self-directed IRAs (SDIRAs)

A SDIRA is similar to regular IRAs but allows you to hold alternative investments like crypto and, in this case, privately managed REITs.

You can open a new SDIRA to invest in this option or possibly roll an existing IRA or 401(k) into a SDIRA, but you will have to check with your current institution first.

Payments

In addition to traditional ACH and wire transfer to fund purchases, Streitwise allows Bitcoin and Ethereum purchasing.

Holding

Many private REITs mandate multi-year holding periods, especially ones investing in projects, but Streitwise allows you to sell your shares after only one year.

iOS App

Streitwise now offers an app on the Apple Store that lets Streiwise REIT holders check their portfolio, add funds, and check their tax documents on the go, in addition to other features.

Streitwise Performance

Streitwise has a limited returns history, but since its inception in 2017, it has generated an annualized 9.2% return.

While this does underperform the broad public REIT market, there are two important caveats:

  • The broad REIT market has decades of historical returns, so Streitwise is younger than the sector.
  • Streitwise’s holding and management company, Tryperion Holdings, is a real estate private equity firm with a 27.6% internal return rate and 1.93 gross value multiple since 2013 – this shows that Streitwise’s parent company knows its stuff when it comes to real estate.

Strengths and Weaknesses

Overall, the real estate market can be volatile and cyclical, so past returns might not represent future rewards.

There is always the risk of capital loss or dividend reduction, and the high initial investment price means much cash can be lost.

The good news is also that real estate is cyclical – generally, you’re better off holding for a return to appreciation rather than selling at the bottom.

Streitwise’s unique SDIRA and payment options are a positive feature, but the real benefit comes from their regional specialization.

Although it isn’t diversified across regions but instead industry, Streitwise’s management team is essentially a team of subject matter experts in the local market and is well-equipped to advocate for investors.

Streitwise Review Final Thoughts

Although Streitwise is expensive compared to public REITs, its specialization and unique qualities make it an attractive vehicle. Unfortunately, its high starting price makes it cost-prohibitive, especially for newer investors.

Its quarterly dividend is strong and is expected to improve with the top-tier management team and holding company. Overall, Streitwise is an excellent diversification option for higher-net-worth investors.

Click here to get your piece of the Streitwise REIT today.

Frequently Asked Questions

Definitely. Streitwise is much like public REITs with a few tax-advantaged account options and alternative payment methods.

No, both accredited, and non-accredited investors can get started with Streitwise.

Jeremy Biberdorf

About the Author:

Jeremy Biberdorf is the founder of Modest Money. He’s a father of 2 beautiful girls, a dog owner, a long-time online entrepreneur and an investing enthusiast.