$208 million wiped out: Yieldstreet investors rack up more losses as firm rebrands to Willow Wealth

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Failures were caused by the Federal Reserve's interest rate hiking cycle in 2022, which made repaying floating-rate debt harder

  80% confidence

• This building was majority-owned by YieldStreet and the property was never operated either by Flow or anyone associated with Adam. The building has been sold and Flow no longer has a minority interest nor any involvement in this property.

  80% confidence

• Your equity investment is expected to incur a full loss after selling Stacks on Main

  80% confidence

• We understand this is difficult news to receive. We share in your disappointment.

  80% confidence

• They claimed they were going to democratize access to the types of deals only the rich had. In reality, they created a high-risk trap for investors.

  80% confidence

• Yieldstreet had to change their name because their old name had negative value to it, so they're trying to do a 2.0 to restart things

  80% confidence

• The property was unable to generate sufficient revenue to pay monthly debt service and operating expenses and went into foreclosure, resulting in a full loss of the equity

  80% confidence

• Private investments would provide both higher returns and lower volatility than traditional assets

  80% confidence

• Transparency is paramount to us, and we consistently provide strategy-specific performance information for each manager at the offering level to support informed decision making

  80% confidence

• CNBC's reporting on new real estate defaults and rising tally of losses is a rehash of news on investments from five years ago

  80% confidence

• Portfolios including private markets have outperformed traditional ones for the past 20 years

  80% confidence