Yieldstreet opens Real Estate Opportunity Fund with HGI
Yieldstreet, an alternative investing platform for retail investors, has launched a new investment vehicle, the Real Estate Opportunity Fund.
The Real Estate Opportunity Fund is planning to help finance liquidity needs arising from the COVID-19 pandemic and capitalize on the potential increase in demand. The fund will gain exposure to multiple asset classes, which will be geographically diversified throughout the United States and the United Kingdom.
Desired investment properties may include office buildings, urban retail properties, multifamily apartment complexes, hotels, business and industrial parks, and warehouse and distribution facilities.
The fund will provide investors exposure to opportunistic commercial real estate investments via a relationship with Harbor Group International (HGI), which manages $12.7 billion in real estate investments.
“Historically, opportunities to invest in private real estate with a specialized manager like Harbor Grou