The Yield

What high yielding investment opportunities are available today despite the macrotrends of 2020? On today’s episode of The Yield, Yieldstreet’s Senior Director of Real Estate Mitch Rosen and MD of Private Business Credit Larry Curran take part in a lively discussion about rates, taxation, and opportunities in an uncertain market. Mitch and Larry dive deep into what makes their respective asset classes tick and touch upon current offerings including Motorcycle Loan Portfolio I and Brooklyn Multi-Family Portfolio.

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[2:05] An overview of various asset classes that are offered at Yieldstreet, including a look into real estate deals such as Brooklyn Multi-Family and Parks Level Multi-Family.

[4:59] Current offerings and opportunities within Supply Chain Financing, Private Business Credit, and Motorcycle Loan Portfolio.

[9:25] The impact that the current low cash rate environment has on ROIs for investors.

[13:12] Today’s motorcycle lending market is based on increased demand and limited supply.

[18:28] Meeting due diligence in both the real estate market and within a motorcycle loan portfolio.

[20:06] Which neighborhoods in the NYC real estate market are expected to most successfully revive after the pandemic in terms of CRE?

[23:49] How does Yieldstreet evaluate the risk of deals that are backed by discretionary goods?

[29:52] What process is followed when a motorcycle borrower defaults on their loan? 

[31:50] What advantage does Yieldstreet offer to originators and borrowers over banks or other bigger players?

[37:36] If the face value interest of a portfolio is 20% why are investors only seeing a 12% ROI?

[40:05] Three to six month projections and future market opportunities based on current trends.

Mentioned in This Episode:

Yieldstreet

Motorcycle Loan Portfolio I

Brooklyn Multi-Family Portfolio

At the intersection of the commercial, fine art, and business spaces of the art community you can find artists and entrepreneurs that are working to make art accessible to more people than ever before. In today’s episode of The Yield, Yieldstreet x Athena Art Finance’s Naomi Baigell – Managing Director of  Marketing & Client Relationships, Vajra Kingsley – Co-Founder of Good Lamp Group, and Christian Luiten – Founder of Avant Arte, discuss how individuals within the art community are creating diversity in revenue streams for artists.

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[:50] The lightbulb moment that led Vajra to pursue her passion within the art community.

[4:01] Building and maintaining a successful and sustainable art company.

[6:55] Using the internet as a new vehicle to increase accessibility to and credibility of art in today’s environment.

[10:35] Christian details the early challenges of reaching more established artists and beginning production.

[15:44] Opportunities for the greatest physical and digital connections in today’s pandemic environment.

[24:33] The process of selecting and purchasing art online through Avant Arte.

[27:41] The new language that needs to be developed around speaking about art from entrepreneurs to collectors.

[30:39] The goals of Athena Art Finance in bringing investors and collectors together with artists and works of art.

[34:02] The role of collectors in successfully influencing beneficial changes in the art world.

[35:55] Are today’s trending artists and their causes simply a fad, or do they have the potential to impact lasting change in the art market?

[39:32] A peek into The Incubator Series, a 2021 collaboration of artists and curators.

[41:20] Avant Arte’s goals of making the art market bigger and more accessible worldwide.

Mentioned in This Episode:

Yieldstreet

Athena Art Finance

Avant Arte

Good Lamp Group

Every investor is looking for ways to maximize returns on investments, and stocks and bonds aren’t nearly as interesting as they once were, leading more investors to invest in commercial real estate.  In today’s episode of The Yield, Yieldstreet’s Mitch Rosen, Senior Director of Real Estate, and Mike Taylor, CFA, Regional Sales Director at Counterpoint Mutual Funds, discuss the role of commercial real estate in a well-rounded investment portfolio and the current state of the market in this volatile year.

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[1:35] An overview of the general investor portfolio that Yieldstreet aims to develop and where commercial real estate fits in.

[6:04] Factors that are driving interest and current income return in investments. 

[8:18] CRE’s place in a portfolio among the spectrum of low-yielding fixed income and more volatile equities. 

[10:38] To what degree has commercial real estate, including hotels and shopping malls, been affected by COVID-19? 

[15:20] What is the future for retail space that has been abandoned? 

[19:09] Considerations for investors regarding diversification within the private market of CRE investments.

[23:20] Understanding the details of inflation adjustments and other fixed investment considerations.

[26:26] What changes have occurred in durations of leases within CRE due to COVID? 

[30:44] A breakdown of the management fee structure for various funds and the need for increased transparency regarding those fees. 

[37:13] What can we expect from CRE in the fourth quarter of 2020? 

Mentioned in This Episode:

Yieldstreet

Counterpoint Mutual Funds

What makes Private Business Credit opportunities different from specialty finance and how could investing in it benefit your portfolio? In today’s episode of The Yield, Yieldstreet’s Larry Curran II, Managing Director of Private Business Credit, and Barbara Anderson, Sr. Director and Head of Underwriting, discuss the latest opportunities within Private Business Credit and how they may fit into a diversified portfolio. 

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[:50] What makes Private Business Credit different from the other asset classes at Yieldstreet?

[7:44] What is the difference between private business credit and specialty finance? 

[10:02] The typical transaction model Private Business Credit employs to help companies with their growth needs. 

[15:11] What types of assets and companies are most viable in these uncertain times? 

[19:40] What is supply chain finance and what potential for growth does it hold? 

[24:25] An overview of the investor program that will detail credit opportunities within supply chain finance.

[26:43] Solutions for principle returns and various diversity choices for investors. 

[32:28] Key considerations for companies from the Private Business Credit Investment perspective. 

[34:15] How would a second wave of COVID-19 affect supply chain finance?

[36:45] What is the risk difference between factoring and supply chain finance?

[41:06] Will the holidays bring a seasonal uptick in volume in these industries? 

[42:04] Yield targets that Private Business Credit Investment has set for its investors.

Mentioned in This Episode:

Yieldstreet

Yieldstreet Private Business Credit Investment

The pandemic has accelerated a number of trends in the art industry, from purchasing pieces online to relocating shops in locations that have traditionally been unsuccessful. In today’s episode of The Yield, Yieldstreet x Athena Art Finance’s Naomi Baigell, MD – Client Relations & Marketing, along with Jeremy Hodkin of The Canvas and Adrien Meyer, Chairman of Global Private Sales at Christie’s, discuss the evolution of the art market over the last few months and what to expect in the market during the fourth quarter of this most unusual year.

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[:50] A bird’s eye view of the art world during summer 2020. 

[3:00] Factors that have accelerated such meaningful change in the art world. 

[5:35] The pandemic resulted in a major breakdown of the traditional calendar — do specific buying events throughout the year actually need to take place? 

[9:14] How comfortable are clients really with buying art online? 

[13:00] Details about Christie’s successful private sales event, Dream Big.

[16:42] The value of going where the clients are — an overview of the art mecca that has developed in the Hamptons. 

[20:45] Why are buyers engaging with the art market from their summer homes like never before?

[25:15] Have demand and investments in art increased as the stock market and economy have become more volatile?

[29:20] Should buyers expect lower estimates for upcoming auctions? 

[30:38] Why are there higher levels of interest in and purchases of pieces this year than ever before? 

[32:25] Understanding the motivation behind cross category collectors. 

[34:25] How might the art market end out an election year that is also combined with a pandemic? 

[36:00] Does Christie’s have an art loan department? And how do Christie’s and Athena collaborate to bring art to their clients?

[38:12] What support could the wealth management industry provide for art world professionals while providing value to clients? 

[39:50] How will AGP compete with Christie’s moving forward? A look at the standard practices of auction houses and galleries. 

[43:33] Does Athena loan internationally? Is there a minimum and maximum loan size? 

[44:10] The value of rare and precious things in times of uncertainty.

Mentioned in This Episode:

Yieldstreet

Athena Art Finance

Christie’s Global Private Sales

The Canvas

Dream Big 

The pandemic has forced unexpected change around the world, but is there really a mass migration from New York City? In today’s episode of The Yield, Yieldstreet’s Mitch Rosen, Senior Director of Real Estate, and Seth Weissman, Managing Partner of Urban Standard Capital, discuss the current New York City real estate market, how it might bounce back in coming months and the investment opportunities that are appearing in both residential and commercial real estate. 

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[:50] Host Mitch Rosen introduces Seth Weissman and the topic of real estate in NYC today.

[4:13] A look at how different neighborhoods are currently faring in a COVID-19 environment.

[6:41] Where will NYC go from here? A snapshot of what the real estate rebound might look like over the long term.

[11:42] What role do city and government entities play in stimulating economic activity?

[17:04] If a mass migration out of the city is actually happening, what are the most highly affected real estate categories and what opportunities for investors are appearing as a result?

[21:08] What are the greatest areas of potential opportunity for investing in distressed and undervalued real estate?

[27:20] Is there an opportunity for rent growth within the next 12 months for residential real estate investments this year?

[32:30] A snapshot of neighborhood retail leases and options for tenants to become partners with landlords.

[35:25] In a post-pandemic world, what is the future of co-working spaces in the city?

[36:58] Understanding foreclosure deferrals and the headwinds that real estate is facing in the current climate of the city.

[39:08] A value comparison of real estate and rental properties in Brooklyn versus Manhattan.

Mentioned in This Episode:

Yieldstreet

Yieldstreet Real Estate

Urban Standard Capital

What is private business credit and where does it fit into the landscape of Yieldstreet’s Asset Classes? In today’s episode of The Yield, Yieldstreet’s Managing Director Larry Curran and Barbara Anderson, Senior Director & Head of Underwriting, are joined by David Skirzenski, CEO of Raistone Capital, to discuss our newest asset class, Private Business Credit (PBC), and our first PBC offering, Supply Chain Financing I.

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[:50] Host Larry Curran introduces supply chain financing and shares career highlights that led him to the role of Managing Director at Yieldstreet.

[7:52] Barbara Anderson and David Skirzenski introduce themselves and their roles in the new Supply Chain Financing offering.

[10:54] What exactly is Private Business Credit and where does it fit into the landscape of Yieldstreet’s Asset Classes?

[16:32] An overview of Raistone Capital, their network of supply chains, and their intention in collaborating with Yieldstreet.

[18:32] The scope of opportunities found within supply chain financing from an individual investor standpoint.

[24:56] Introducing “Mango” and the process of setting up a supply chain opportunity for Yieldstreet investors.

[30:20] A simple and clear overview of what the supply chain transaction entails.

[32:38] The supply chain volume of business at Raistone and their prior experience with Mango.

[35:21] A look at the numbers that demonstrate that this process is cost-efficient and creates potentially high-value investment opportunities.

[37:56] The main reasons Yieldstreet has chosen to take advantage of this investment opportunity.

[40:08] Cash flow facts that explain why investors should consider supply chain as a first option, not a last resort.

[45:26] Barbara shares her experience as an underwriter in major banking transactions.

[47:21] Why are liens filed on supply chain investments and what does that mean for investors?

[49:57] Final words for potential opportunistic investors who are looking for capital structures to help grow businesses today.

Mentioned in This Episode:

Yieldstreet

Yieldstreet Private Business Credit

Raistone Capital

Q & A regarding Mango

In today’s episode of The Yield, host Yieldstreet’s Chief Technology Officer Hrishi Dixit and Chief Product Officer Sylvain Grande give you a peek under the hood at what powers the Yieldstreet platform.  They have come together to answer all of your questions about the inner workings of the Tech and Product teams at Yieldstreet, including what it’s like to work in and manage a distributed environment across three continents, the challenges of “illiquid” alternative investments and the Yieldstreet approach to such investments, and the importance of regulation in maximizing investments opportunities and security measures. 

Click here to subscribe and listen: https://podcasts.apple.com/us/podcast/the-yield/id1527659260

Key Takeaways:

[:50] Co-hosts Hrishi Dixit and Sylvain Grande each detail their role in shaping and leading the Yieldstreet platform, technology and product development.

[5:32] Understanding the company’s product opportunities and challenges from an investors point of view. 

[9:38] How does a high growth mode start-up find the balance between user experience and security? 

[13:12] Key factors in scaling a system toward success includes both internal and external operational and automated processes. 

[14:42] What is the prioritization model in the product and tech side of Yieldstreet?

[19:28] How does Yieldstreet successfully manage a widely distributed and remote team that spans three continents?

[22:14] A snapshot of the different groups that manage internal data analytics and details about the first investing product that will be offered to non-accredited investors. 

[26:50] How has Yiedstreet built exceptional user experiences from an experiential and an architectural standpoint? 

[30:33] How much time is set aside at Yieldstreet product and tech for refactoring?

[33:11] General information about mobile apps, multiple contingent beneficiaries, and processes that have been set up to work with non-accredited investors.

[36:06] What tools and audits are utilized for security scanning and code analyses? 

[37:54] Final questions regarding investment systems, developing automation processes, and details about the new Yieldstreet blog.

Mentioned in This Episode:

Yieldstreet

Distributed- The Yieldstreet Product, Design and Engineering blog

In today’s episode of The Yield host Eliza Osborne, Deputy Director at the Armory Show, and Yieldstreet x Athena Art Finance’s Naomi Baigell are joined by Ryan Wallace, Owner and Director of the Halsey McKay Gallery, and acclaimed artist Joseph Hart, for a virtual tour of the Halsey McKay Gallery featuring Joseph’s Unnamable exhibition. This episode highlights a virtual tour of the Halsey McKay Gallery featuring Joseph Hart’s Unnamable exhibition, discuss the art market during Summer 2020 from the view of the gallerists artists, and host a Q & A with Ryan Wallace and Joseph Hart. 

Key Takeaways:

[:50] Guests Ryan Wallace and Joseph Hart highlight the genesis and details of their working relationship in the art community.

[4:50] An overview of the Unnamable exhibit that was recently featured in the Halsey McKay Gallery and the process Joseph followed when creating each piece.

[9:24] The approach Joseph took to his fourth exhibit in the gallery and the challenges of producing a show in the midst of a pandemic.

[12:40] Viewer responses to the exhibit, the medium of the pieces, and the process that brought each piece to life.

[16:53] A comparison of two of Joseph’s pieces — Embrace Animation and Palming/Split Fruit and the experiences that have influenced the lines of his art.

[20:56] Why should people support artists and galleries in these unprecedented times? Joseph and Ryan share their reasons for creating opportunities to experience art in today’s world.

[24:46] How has COVID-19 affected the work of art, both as an artist and as a gallery owner?

[29:31] What were the challenges of getting the artwork produced and prepared for the show?

[31:55] How does Joseph classify his style and how does he want viewers to interpret his work?

[34:16] How are virtual-only exhibitions affecting the purchasing of investment pieces?

[37:42] Joseph shares the details and rewards of his oral history podcast Deep Color.

[39:29] The long term value of creating cultural relevance and investing in art.

Mentioned in This Episode:

Yieldstreet

Athena Art Finance

Deep Color Podcast

Did you know that you can use your IRA funds to make alternative investments in your retirement portfolio?  If you are like 98% of investing Americans, the answer is no. In today’s episode of The Yield host Joe DiDomenico, the Director of Retirement Services at Yieldstreet is joined by Tim Berry, Tax Attorney & Self-Directed IRA Specialist, to discuss IRS rules and regulations for IRAs and how alternatives can be eligible IRA investments. The Yieldstreet IRA can help you diversify your retirement portfolio by giving you access to alternative investments across multiple asset classes, and the guest on today’s episode is going to show you how.

Key Takeaways:

[:50] Joe DiDomenico introduces Tim Berry and the topic of using your IRA to make alternative investments.

[2:39] Why do only 2% of retirement plan assets in the US include alternative investments? 

[6:34] The Yieldstreet IRA account offers a more streamlined and readily available investing process.

[10:06] IRS rules and regulations for IRAs and alternative eligible investments that can be purchased with an IRA account.

[12:16] Details for buying an asset with funds that are borrowed from an IRA account.

[14:40] Is it possible to invest in a traditional IRA and then convert it to a Roth IRA? 

[15:43] The prohibited transactions rule and how it affects doing business within families.

[19:25] Examples of large endowment investors and the value of asset protection in retirement plans.

[22:43] IRA lending requirements and options for creative investing opportunities. 

[28:23] How to overcome the overall lack of knowledge for the common investor about IRA investing.

[32:44] Is it possible to set up a self-directed IRA after the money has already been pulled out?

[33:55] Will Yieldstreet allow investments into Yieldstreet investments with a self-directed IRA non-Yieldstreet custodian? Or with inherited IRAs? 

[37:12] Is art an investment option with self-directed IRA funds? What is the time and cost to open up an IRA? 

[38:55] Beyond Yieldstreet, where can you find advice on self-directed IRA investing?

[39:33] Can vested founder stock be sold by a founder into their own IRA account?

[41:30] How to open up a traditional or Roth IRA account through Yieldstreet.

[42:48] Tim’s final words on the value of investing in self-directed IRA accounts.

Mentioned in This Episode:

Yieldstreet

Yieldstreet IRA