Preferred Equity Crowdfunz 804

Type: Preferred Equity

Target: $1,500,000

Annual Return: 8.00% - 8.50%

Min-invest Amount: $50,000

Duration: 6 - 12 months

  • Total:
Project Complete

● Investment Type: Preferred Equity (Personal Guarantee)
● Minimum Investment: $50,000/share
● Projected Term: 6-12 months
● Est. Annual Return: 8.0 -8.5%

Interest Distribution Table:

 

This project is located in downtown Brooklyn, one block to Sunset Park. Based on developer’s time line, the construction will be completed within this year.

Repayment Protection:

Shares of Equity as collateral: Shares of equity of the development company will be taken as collateral to Crowdfunz.

Personal Guarantee: Developer sign personal guarantee contract, further control the risk of investment.

Withdrawal Mechanism: The Purchase Sale Agreement has been signed. Once the construction completed and CO received, the closing is finished. And developer will pay back Crowdfunz investors immediately.

Construction Situation: The project is almost complete. Based on developer’s time line, the construction will be completed within this year.

PSA signed, deposit received: The Purchase Sale Agreement has been signed. Once the construction completed and CO received, the closing is finished.

Perfect Location: This project is located in downtown Brooklyn, New York's one of three largest Chinese communities. 10 minutes walking distance to 5 subway lines, which compress the commuting time to Manhattan within 30 minutes. 12 minutes driving to New York City.

A High-Yield Investment:  Investors are expecting to receive an estimated annual return rate depends on the shares invested: 1-2 shares: 8%, 3 shares or up:8.5%. The developer will pay interest in advance for six months.

Short Investment Period:  The investment term is no longer than 12 months, after 6 months developer have option to pay off the loan or extend quarter by quarter with interest disbursement to investors in advance. This project is classified as short-term low-risk investment product.

Experienced Real Estate Developer:  The developer has rooted in NYC for decades. The developer has completed many development, redevelopment, tenant improvement, and acquisition and disposition of multifamily and condo projects. Their vast experience on residential niche market extends across Brooklyn and Queens, specialized in Chinese neighborhood.

 PPM (Only available to accredited investors)

 Subscription Agreement (Only available to accredited investors)
 Operating Agreement (Only available to accredited investors)

 Appraisal (Only available to accredited investors)