The Yield

In today’s episode YieldStreet Senior Director of Real Estate, Mitch Rosen is joined by Avatar Financial Group’s President & Co-Founder T.R. Hazelrigg and Jerry Zevenbergen, their CEO & Co-Founder, to discuss the present opportunities and headwinds commonly found in the commercial real estate market.  They examine changes in consumer behavior and the subsequent long and short impact on commercial real estate, portfolio management strategies and working with borrowers in inauspicious market conditions and capital deployment strategies within CRE.

Key Takeaways:

[:50] Mitch Rosen introduces today’s guests and the topic of opportunities in the current commercial real estate market.

[3:23] Details of the less stable markets including online versus in-person retail trends and the hotel industry.

[9:30] Expectations from the more stable asset classes including industrial and multi-family real estate.

[12:20] Will current pandemic trends impact business and leisure travel in the same way? A look at the future of hotel, restaurant and entertainment industries.

[16:06] Portfolio management strategies and advice for working with borrowers in inauspicious market conditions.

[20:13] The role of CMBS in strategic portfolio management during times of an economic downturn.

[23:08] Looking ahead to capital deployment strategies within CRE and the current demand for capital in today’s unstable market.

[28:18] When are senior lenders expected to get involved in the marketplace again? 

[34:14] The benefits of storage real estate and repurposing big box retail to generate positive valuation for otherwise lost assets.

Mentioned in This Episode:

YieldStreet

Avatar Financial Group

 In today’s episode of The Yield, George Moriarty, Chief Content Officer of InvestmentNews, and Ron Suber, member of the Board of Directors at both Qwil and Yieldstreet, discuss the ways that COVID-19 and the economic slowdown are shaping the future of investing and financial services. They examine the ways that technology can streamline the education of new investors, post-COVID-19 innovations in the financial services industry, and the new frontiers in investment diversification. Ron shares especially timely advice on the importance of diversification of a personal investment portfolio in these uncertain times and offers resources to help a new investor know where to get started.

Key Takeaways:

[:50] Guest Ron Suber details his introduction to and experience with investing at Yieldstreet.

[4:31] How can technology streamline the education of accredited investors to help round out their investment portfolios?

[7:33] Which companies have done the best job of supporting client education, and which ones have made the biggest mistakes?

[9:19] Innovations and digital changes that are emerging as a result of COVID-19.

[11:29] What is the best way to structure a backstop facility allowing origination partners to close and expense to be paid?

[13:14] Debt market considerations and tips for successful diverse investing.

[14:52] What policies are in place at Yieldstreet to protect clients’ investment money?

[16:00] What is the annual expected return on investments with Yieldstreet?

[17:13] An overview of the options for alternative investments at Yieldstreet.

[18:30] What does the future of financial media look like over the next six to 12 months?

[23:45] Ron highlights some of his personal favorite areas for investments including social media content and e-commerce retailers.

[26:01] How can investing in art galleries generate income in today’s market?

[27:25] A look at short-term rates of return that can be expected on low-interest investments.

[29:50] Are investments in cryptocurrency worth the rate of return?

[32:16] Is Yieldstreet considering investing in COVID-19 support systems, and what are some of the asset classes that are unique in the midst of the pandemic?

[35:20] Ron shares a forecast for the investment market, areas to shift away from and where to direct investments instead.

[38:18] How to find the best places to start your alternative investment market experience.

[41:02] Is early-stage equity considered an additional asset class?

Mentioned in This Episode:

Yieldstreet

InvestmentNews

Qwil

Unanswered questions surrounding the effects of the pandemic are endless, and don’t stop in the world of investing. In today’s episode of The Yield, Charlie Schilling, General Manager of Investments at Yieldstreet, and Daniel Posner, Senior Advisor to Yieldstreet and the Chief Investment Officer at Rensop Investment Group address the timely topic of investing in the face of uncertainty. They discuss how investors should be evaluating the market and economy through the end of 2020, how investors should view the contrast between the economy and market highs, and the ways in which investors can take advantage of alternate sources of capital and the financing needed for a business.

Key Takeaways:

[:50] Guest Daniel Posner offers a snapshot of investing and the economy in the time of COVID-19.

[4:00] What kind of market recovery are we facing: V, U, or W? A look at the critical components to overcoming current market volatility.

[6:56] Opportunities that emerge in times of market volatility and what you should be doing with your portfolio at this time.

[10:06] Distressed investing — in which sectors can investors find the best investment opportunities right now?

[13:27] Are there ways that investors can minimize the impact of the economic downturn without selling off investments?

[16:38] How to evaluate companies with supply chain or labor issues in order to secure the best investment opportunities.

[19:12] A snapshot of current spending habits and travel trends and their effect on the economy.

[26:09] What will happen to commercial real estate when the world opens back up?

[27:38] Opportunities that are becoming available in non-traditional asset classes.

[29:57] Which sectors will see the strongest bounceback and which will see the most bankruptcies?

Mentioned in This Episode:

Yieldstreet

Rensop Investment Group

 In today’s episode of The Yield, Yieldstreet Head of Marketing and Growth Lindsey Fielding hosts a panel discussion with Yieldstreet Prism Fund Founder, President and CIO Michael Weisz and Head of Strategic Finance and CFO Jimmy Pandhi. They cover several topics regarding the new Yieldstreet Prism Fund, including the motivation behind it, the benefits of investing in it, and a look at what both large and small investors can expect to experience when investing in the Yieldstreet Prism Fund. The panel then wraps up with a clarification Q&A that addresses several key aspects of this new and exciting aspect of investing with Yieldstreet.

Key Takeaways:

[:50] Introducing today’s panelists and the topic of the investment strategy of the Yieldstreet Prism Fund and how the fund will be managed at Yieldstreet.

[2:08] The motivation behind the introduction of the Yieldstreet Prism Fund and how it will benefit investors.

[5:55] An overview of the three investment goals of the Yieldstreet Prism Fund and the variety of funds that will be invested into.

[9:14] The three phases of the Fund, what investors can expect from each phase and which funds have already been invested into.

[13:26] The impact of coronavirus within the Yieldstreet Prism fund and investment considerations and opportunities.

[18:02] Specifics on how the Fund actually operates, details on the audience rollout and why Yieldstreet is accepting self-verified accredited investors.

[19:28] Understanding the difference between the Yieldstreet-stated distribution rate and other individual investment offerings target annual yields.

[21:12] How can the Yieldstreet Prism Fund help a large or small investor construct a portfolio?

[24:42] A snapshot of the Yieldstreet Prism Fund board members and why they have joined in our mission.

[27:41] Clarification of the fee structure of the Yieldstreet Prism Fund.

[28:36] How will Yieldstreet approach allocating offerings for a general launch on the Yieldstreet platform versus what would go into the Yieldstreet Prism Fund?

[30:44] What is the expected term of the Yieldstreet Prism Fund?

[31:25] How does the Yieldstreet Prism Fund differ from investing across the individual investments offered presently?

[33:47] Will Yieldstreet only be accepting new investors during the initial ramp phase?

[34:40] Additional details regarding the Art and Legal Finance asset classes.

[38:44] The relationship between the Yieldstreet Prism Fund and BlackRock.

[42:15] How will investors be taxed for participating in the Yieldstreet Prism Fund?

[43:10] A follow-up on the tradable securities portion of investment opportunities.

Mentioned in This Episode:

Yieldstreet

Yieldstreet Prism Fund

Welcome to The Yield. Milind Mehere is the passionate serial entrepreneur, the Founder & CEO of YieldStreet and the host of this first episode of the new YieldStreet podcast. In today’s episode, Milind is joined by Alexa von Tobel, Founder of LearnVest and Managing Partner of Inspired Capital. Together they discuss ways that financial management and planning will have to change in a post-COVID-19 world. There are opportunities for innovation amid this chaotic environment, from democratizing business ownership to shifting embedded finance and getting everyday investors access to VC funding and private equity. Join us as they share powerful ideas for innovating the future of finance with one goal in mind — to rethink the ways that you can take advantage of today’s innovations to enhance your financial life.

Key Takeaways:

[:50] Introducing The Yield Podcast, founder Milind Mehere and today’s guest Alexa von Tobel.

[5:04] Alexa reflects on the challenges of starting up a financial company during a recession or a pandemic and how the world is permanently changing for the better.

[8:50] A look at the ideas and entrepreneurs that are emerging from the current pandemic.

[12:34] The sectors of main interest at Inspired Capital, from DNA tech to a new money movement infrastructure.

[15:45] Highlighting some of the ways that financial management and planning will have to change in a post-COVID-19 world.

[21:57] What does the future of money look like? Will a self-driving wallet ever exist?  Do we really have to be paid every two weeks? What is the future of life insurance for the modern family?

[27:00] Options and statistics for getting the everyday investor access to VC funding and private equity.

[30:42] How Inspired Capital helps founders navigate the journey from the founding idea to post-funding support.

[33:16] Overcoming the COVID-19 fear of human interaction and how we will continue to get business done. 

[36:15] What are some of the best investment options for the everyday person? Alexa addresses 401k contributions, managing credit card debt, long-term investing, and gaining access to VC.

Mentioned in This Episode:

YieldStreet

LearnVest

Inspired Capital

Financially Forward: How to Use Today’s Tools to Earn More, Save Better and Spend Smarter by Alexa von Tobel

Alexa von Tobel on Instagram

Commercial real estate is one of the hardest-hit industries in the COVID-19 pandemic, but great opportunities are taking shape as well. In today’s episode YieldStreet Senior Director of Real Estate Mitch Rosen joins iBorrow’s CEO Brian Good and Co-Executive Chairman Andrew Peltz to examine the future of commercial real estate in this new and changing COVID-19 world.  They discuss some of the affected areas of CRE, including hotels, senior living, and indoor shopping malls, and share key insights into the greatest lending opportunities that are currently available in commercial real estate. They detail the industries that you want to pay attention to right now and conclude by highlighting the lessons that every investor needs to learn from this economic downturn. 

[:49] A comparison of the CRE space in this time of COVID-19 versus the dot com or 2008 crash.

[3:05] Key considerations for real estate lending in the hardest-hit industries, including hotels and senior living.

[6:10] The effect that social distancing and health requirements will have on revenue models for restaurants, sporting events and other affected industries.

[7:16] Opportunities that can result from issuing rescue capital to businesses in need.

[8:33] What is the best approach for a loan that has issues? Considerations for loan forbearance, modification, or foreclosure.

[10:51] The future of the retail sector — will shopping centers and specialty shops survive the post-coronavirus economy?

[17:52] Finding the right borrowers is not difficult in the industrial and manufacturing space.

[19:15] The impact that online learning will have on student housing in college towns.

[21:31] Is the pandemic creating a flight out of high-density cities?

[23:16] Parallels between the current and past economic downturns, and the lessons you need to learn from them.

Mentioned in This Episode:

YieldStreet

iBorrow

 The COVID-19 pandemic has resulted in a massive fleeing from large cities around the world, but what does that mean for the real estate market that is left behind? In today’s episode The Yield, Senior Director of Real Estate, Mitch Rosen is joined by Eddie Shapiro, the founder and CEO of Nest Seekers International, to discuss the current landscape of the New York City real estate market. They examine the short and long term impact of the pandemic on residential, commercial, luxury and rental properties in the city, emphasize the city’s ability to rebound from this crisis, and weigh in on the best time to invest in the real estate market. Eddie is confident that the real estate market is coming back stronger than ever and shares the reasons why on this episode of The Yield.

Key Takeaways:

[:50] A snapshot of current trends in the NYC co-op market in a post-COVID-19 environment and how the real estate industry has quickly adapted to social distancing requirements.

[4:08] Are buyers receptive to virtual options for real estate showings and transactions?

[5:39] Short and long term impacts of the pandemic in the commercial and residential real estate markets.

[11:04] A look at the current landscape of the condo co-op market in Manhattan for both high ticket and standard priced properties.

[16:37] The COVID-19 pandemic will make the real estate market stronger than ever, just as 9-11 did in 2001.

[17:41] The relationship between a strong international buyer base and the current pandemic situation.

[21:10] Will NYC be able to rebound from COVID-19 like it did in 2001 and 2008? Or will this migration out of the city have a more lasting impact than ever before?

[24:22] Eddie weighs in on whether the waves of people out moving out of the city to the suburbs will last.

[27:14] The impact of the pandemic on the changing NYC commercial and residential real estate market, including listings, pricing, and inventory.

[31:31] A look into the opportunities that are currently available in the ultra-luxury high-end residential real estate space.

[34:21] How will the rental market inventory and transactions change in a post-COVID world?

[36:38] Making sense of the impact of the current political environment and the health of the city in relation to the real estate market.

[38:08] If you had money to invest in NYC, would it be wiser to invest now or later? Eddie weighs in on the benefits of short and long term investing moves.

Mentioned in This Episode:

Yieldstreet

Nest Seekers International

In this episode of The Yield, Naomi Baigell, Managing Director of Client Relations and Cynthia Sachs, Managing Director and CIO of Yieldstreet/Athena Art Finance discuss the state of the art market and art finance during these unprecedented times. The art market has seized the opportunities presented by COVID-19 to grow its global footprint and continue to engage with their community. While the pandemic has required a more conservative approach to art valuations and logistics, the art market is coming out of this pandemic stronger than ever. Naomi and Cynthia highlight some of these beneficial changes and conclude the discussion with a Q&A session regarding risk assessment, art pieces that offer the greatest investment opportunity and whether the art market will ever return to normal.

[:50] Shifts in the art market in this post-COVID-19 time include the digitization in how seasoned and new collectors interact with art galleries, art fairs, auction houses, museums and the art itself.

[4:22] The newfound transparency in the art transaction space is increasing the understanding of the stability of the art market, and that is having an impact on the traditional valuations of art.

[6:02] The beneficial impact of COVID-19 on the art market has resulted in an impressive shift away from the traditional business models while also requiring a more conservative approach to art valuations and art market logistics.

[13:19] A comparison of the effect of the 2008 market crash on the art market to the current situation, including technological accessibility growth and the engagement of new clients.

[18:20] The trajectory of the art market including art investment opportunities has improved as a result of COVID-19.

[22:24] Details about the recent Athena Art launch and a look at the beginnings of this rapidly growing asset class.

[29:05] The metrics that ensure that art investments make the most economic sense for all invested parties.

[34:23] Where do art pieces in the offerings come from and can there be more transparency as to the underlying when offering an art deal?

[35:40] Will the art and art finance world ever return to normal? A look at the permanent and positive changes that have come to the art world as a result of COVID-19.

[38:36] What is the art lender competition doing and how does Athena Art differ from that?

[40:54] Are art loans backed by a diversified pool of works of art or does an investor choose which pieces are the collateral?

[42:30] From a risk perspective, how is a piece ranked?

[44:14] How do art investors deal with the physical aspects of risk associated with COVID-19?

[45:50] How do you define the minimum amount of diversification?

[47:35] What is the typical ROI on an art investment?

[48:04] What kinds of art portfolios are considered an opportunity worth investing in?

Mentioned in This Episode:

Yieldstreet

YieldStreet Athena Art Finance

In today’s episode of The Yield host Joe DiDomenico, the Director of Retirement Services at YieldStreet is joined by Private Wealth Investor Jim Bennett from Ameriprise Financial Services to discuss the many considerations of tax-efficiency wealth management. Their topics include how to best engage your retirement plan funds and consider your investments with tax efficiency in mind. Jim explains the three buckets of investing that every savvy investor needs to diversify into, the main considerations of short- and long-term investing in stocks or a 401k, IRA, or Roth IRA, and shares other considerations for tax-efficient investing that will maximize your portfolio and put your money to work.

Key Takeaways:

[:50] Introducing Jim Bennett and the topic of tax-efficient wealth management.

[3:37] Beginning principles to consider when looking at overall wealth management, from today’s investments to tomorrow’s retirement.

[5:45] How important is tax efficiency in wealth management?

[7:00] You can achieve the perfect financial portfolio if it includes investments in these three buckets.

[10:07] The benefits of diversifying your wealth into taxable, tax-deferred and tax-free investments.

[12:48] A look at capital appreciation and the main differences between long- and short-term capital gains and other income-producing assets.

[15:34] Understanding the impact of the CARES act and how it can affect your approach to borrowing from your retirement funds and deferring taxes.

[17:16] How to approach your investments and taxes if you are in the top income bracket.

[18:27] The benefits of rolling your 401k plan into an IRA versus leaving it with your previous employer.

[20:36] Other considerations for tax-efficient investing including Roth conversions, after-tax contributions to your 401k, and in-service distributions.

[23:10] Factors that will impact traditional IRA funds and Roth conversions, including your age and tax bracket.

[25:44] Under what circumstances are cash value life insurance policies a good idea?

[27:49] What are the best alternative options to putting money into tax-deferred accounts? Ideas for balancing your entire financial portfolio, including a healthy cash reserve and retirement savings.

[30:35] How to encourage your employer to adopt a 401k plan or 401k Roth option.

[31:25] Guidelines and warnings for contributing to an IRA after maxing out your 401k contributions.

[34:10] What are the first and main questions that a financial planner will ask their clients?

[36:05] How to transfer existing alternative fund investments from a brokerage account into a Roth IRA or 401k.

[36:42] Considerations for self-directed IRAs and advice for every type of investor.

Mentioned in This Episode:

Yieldstreet

Ameriprise