The $10M Extraction: Anatomy of a Subordinate Note A retail real estate offering promises 11.5% on a loan against a Santa Monica building anchored by Trader Joe’s. The 27-page note supplement describes something narrower: the first-loss slice of that loan, behind a bank, with cure rights that can require investors to pay the bank down. […]
YieldStreet → Willow Wealth: Anatomy of a Rebrand $208 million of investor losses, a name change seven weeks after the second exposé, and a decade of performance data pulled from the website. The rebrand is what everyone noticed. The SEC filings describe something larger, and the company states it plainly in its own proxy material: […]
The Midtown Payoff: $100K to $119K in 12 Months My first preferred-equity real-estate deal ran its full term and paid off — a 19.45% IRR over 366 days. EVIVA Midtown Add-on Project Paid Off My first preferred-equity investment in a commercial real-estate project has been repaid in full. It ran 366 days from capital commitment […]
The Deal That Never Closed: 36 Days, $3,330 in Cash Drag A preferred-equity commitment that was returned before it ever funded — and what 36 days of dead capital actually cost. ProudLiving Project Has Been Terminated My second preferred-equity investment in a commercial real-estate project was terminated before it ever closed. It ran 36 days […]
