Streitwise

Streitwise is the sponsor brand behind 1st Streit Office Inc., a non-traded real estate investment trust whose offering is structured under Regulation A+ of the JOBS Act. An offering statement has been filed with and qualified by the SEC, which the company notes means only that it may sell the securities described, not that the SEC approved the offering or checked its accuracy.

The portfolio disclosed on the site is class-A suburban office and mixed-use. The Allied Solutions Building in Carmel, Indiana is a 142,000 square foot office and retail property in Midtown Plaza, financed with a $32 million ten-year senior loan at 55% loan-to-cost, with leases running to 2029 and 2030. Laumeier II & IV in Sunset Hills, Missouri is a two-building, 181,077 square foot class-A office park bought in a $44 million deal at 55% loan-to-cost. Midtown III, a 77,248 square foot class-A office building in the Indianapolis MSA, is 100% leased and was acquired unlevered for $17.7 million.

All assets are held through an operating partnership. The REIT is externally managed by SW Manager, LLC, a wholly-owned subsidiary of Tryperion Holdings, LLC, and shares are administered by an outside transfer agent that handles registration, dividend payments, reinvestment enrolment and 1099-DIV forms.

There is no published fee schedule or performance history on the pages crawled. Read the offering statement filed with the SEC for fees, redemption terms and risk factors before investing.