Luxestreet

Collectibles

Invest in luxury assets like high end watches! LuxeStreet is now offering cash flow generating 3 year secured promissory notes at 12% per annum to accredited investors fully collateralized by luxury timepieces.

Investment risk

Medium

Min investment

$10,000

Target return

12%

Fees

18%

Overview

LuxeStreet, established in 2018, is a Miami, FL specialty finance company that provides inventory backed capital to commercial and online jewelry dealers of luxury timepieces. They fund brands like Audemars Piguet, Patek Philippe, Richard Mille and Rolex timepieces for their short-term capital needs. Rather than providing traditional loan financing, they offer streamlined repurchase agreements designed to meet jewelry dealers requirements.

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Why Invest

  • They work exclusively with commercial dealers in luxury assets
  • Receive monthly payments
  • Investments are fully collateralized

How you make money

LuxeStreet offers cash flow generating 3 year secured promissory notes at 12% per annum to accredited investors fully collateralized by luxury timepieces. The term of each note offered is 3 years in length. This means that after investing, you will begin receiving 12% annual interest payments, made monthly, on the principal of your investment. At the end of the 3-year term of the Notes, your principal will be repaid to you in full. They also purchase watches at an average discount of 65% market value to ensure you are getting good value.

How Luxestreet makes money

They make money through the monthly custodian fees paid by their customers. Their monthly custodian fees range between 1.5% and 2.0% monthly (18.0 – 24.0% annually).

Is it Safe?

They retain legal title and physical custody of each timepiece and store them in an insured, bonded warehouse. They have an established network of more than 100 dealers and the offering is insured by TigerMark (AXA XL). LuxeStreet offers investors exposure to investment-grade luxury timepieces, which as most alternative asset classes, have historically retained their value during economic downturns and are uncorrelated to traditional asset classes. Luxury timepiece have also had a very low annualized volatility of 3.1% since 2005, compared to 16.5% annual volatility of the S&P 500 over the same period.

In the event of default, they will terminate the repurchase agreement and dispose the asset on the open market, an asset that they purchased at a significant discount. They have a strong network of dealers that help inform our appraisal process and believe they will be able to dispose default assets quickly and profitably. Since their inception in June 2018, they have not had a single customer default.

Securities are offered through C2M Securities LLC, member FINRA/SIPC and rely upon Rule 506(c) of Regulation D to issue Notes. There is no guarantee with these Notes in the performance or risk associated but to date Luxestreet has maintained a strong track record.

Things to know

  • You make money onInterest
  • Fees18%
  • Payout frequencyMonthly
  • Term of investment12+ months
  • LiquidityHard
  • Open toAccredited Only

Company

  • Country availabilityUS only
  • Assets under managementUnknown
  • Established2018
  • Mobile Application No

Investment Return Calculator

Calculate your estimated return to reach your investment goals.

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years

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Monthly

Amount invested

$16,000

Total fees

$11,821.16

Value after fees

$11,215.25

Any references to past performance, regarding financial markets or otherwise, do not indicate or guarantee future results.

Forward-looking statements, including without limitations investment outcomes and projections, are hypothetical and educational in nature. The results of any hypothetical projections can and may differ from actual investment results had the strategies been deployed in actual securities accounts.

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