Summary
Cairnspring Mills — Non-Guaranteed B&I Loan is a $622,784 loan offering structured as a subordinate position in Skagit Valley, WA listed on Steward.
The offering carries a stated rate of 7.35%, a term of 324 months, and a minimum investment of $100.
Collateral is real estate.
across 47 tracked Steward offerings the median disclosed rate is 8%.
Terms shown here are drawn from website disclosures and were captured by AltStreet on 2026-05-04. Figures are as disclosed at the time of the offering and are not updated for subsequent performance.
Disclosed Terms
- Offering amount
- $622,784
- Stated rate
- 7.35%
- Term
- 324 months
- Position
- subordinate
- Minimum investment
- $100
- Collateral
- Real Estate
- Return type
- Interest
- Distribution frequency
- Monthly
- Tax document
- 1099-INT
- Status
- Active
- Target return
- 7.35% APR
- Senior secured
- No
- Liquidity
- Locked
- Closed
- 2025-01-01
Terms as disclosed at the time of the offering. AltStreet does not update these figures for subsequent performance, and a disclosed rate is not a realized return.
Where It Sits in Steward's Book
Disclosed rate
7.35%
Above 22% of peers, median 8%. Low for the book.
Hold period
324 mo
Above 98% of peers, median 10 mo. High for the book.
Compared against 45 other Steward private credit offerings with a disclosed rate. 7 of them are in WA, where the median disclosed rate is 8%. A percentile places a disclosed term, not a result. Browse the full Steward book.
Terminal Analysis
Terminal analysis for this offering
Terminal access unlocks rate, LTV, and term percentiles against every tracked peer, 46 comparable offerings side by side.
Access full researchQuestions About This Offering
What is Cairnspring Mills — Non-Guaranteed B&I Loan?
Cairnspring Mills — Non-Guaranteed B&I Loan is a $622,784 loan offering structured as a subordinate position in Skagit Valley, WA listed on Steward. The offering carries a stated rate of 7.35%, a term of 324 months, and a minimum investment of $100. Collateral is real estate.
What interest rate does Cairnspring Mills — Non-Guaranteed B&I Loan pay?
The offering carries a stated rate of 7.35% over a term of 324 months, as disclosed at the time of the offering on Steward. Stated rates are not guaranteed returns; repayment depends on the borrower and the underlying collateral.
When did Cairnspring Mills — Non-Guaranteed B&I Loan launch and close?
It closed on 2025-01-01. AltStreet records its status as active.
What is the minimum investment for Cairnspring Mills — Non-Guaranteed B&I Loan?
The disclosed minimum is $100. Eligibility, availability, and the current status of this offering are determined by Steward, not by AltStreet.
Is Cairnspring Mills — Non-Guaranteed B&I Loan still open to investors?
AltStreet's record shows the offering as active. AltStreet tracks this offering from platform disclosures, last captured 2026-05-04. Offering status changes without a corresponding filing in many cases, so current availability should be confirmed directly with Steward before acting.
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