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The Alpine Note is a short-term alternative savings product, offering a target APY of 6.9%* over a 6-month term. The proceeds of Alpine Notes will be used to prefund a portion of the investments available on the EquityMultiple platform.
Terms
Min. Investment$5,000
Rate6.90%
Target Return8%
Property TypeShort-term Note
Target Hold Period1 years
Target Cash Yield6.9%
Close DateMay 16, 2023
Benzinga's Take
Interest is accrued and compounded on a monthly basis increasing the effective annualized rate of return. Additionally, EquityMultiple charges no fees on any Alpine Note investment.SUBSCRIBE TO BENZINGA ALT RATINGS
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Offering Disclosure
Benzinga Money is a reader-supported publication. We may earn a commission from the advertisers. Read our Advertiser Discloser. The information contained herein is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities or ownership interests. Fractional ownership in real estate involves purchasing a percentage share of a property rather than owning the entire property outright. This type of investment carries risks, including but not limited to market volatility, lack of liquidity, and potential loss of capital.
What is the target cash yield?
Target cash yield is 6.9%
What is the minimum investment amount?
Min. investment is $5,000
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