finanzen.net
27.06.2019 05:00
Bewerten
(0)

Neighborhood Ventures Closes on Third Investment Property Near Old Town Scottsdale

PHOENIX, June 26, 2019 /PRNewswire/ -- Arizona's first real estate crowdfunding company, Neighborhood Ventures, recently closed on its third investment property, an eight-unit apartment building in Old Town Scottsdale. Ninety Arizona residents invested a total of $550,000 into the purchase of the property, which will be renovated with a plan to operate it as an Airbnb.

Scottsdale resident Audrey Hollander said, "I have been a real estate investor for much of my life. I renovated several properties and then rented them out and always had good success. But I don't want to be a landlord anymore, so working with Neighborhood Ventures has been the perfect fit. I have invested in each of the projects and look forward to seeing the success of the Airbnb project near Old Town."

Neighborhood Ventures was launched in September 2017 by Jamison Manwaring, a former tech analyst at Goldman Sachs and VP of Investor Relations at LifeLock and John Kobierowski, a veteran in the apartment industry and managing partner of ABI Multifamily. The two partnered to create Neighborhood Ventures when new laws were passed that allowed non-accredited investors to become shareholders in Phoenix apartment projects with as little as a $1,000 investment.

Manwaring says the response to the Old Town project far surpassed the first two projects, with this third Neighborhood Ventures project fully funding in just three weeks, compared to six months for the first project and 60 days for the second.

"At first, people weren't sure how real estate crowdfunding worked," said Kobierowski. "They needed to see that our team knows how to buy the right properties in the right location at the right price, do smart renovations, and offer investment opportunities that make sense. Now that we've proven the model, the next step is to scale up. We're looking at multiple properties now and expect to add several new projects by the end of the year."

The company's first investment opportunity, a 12-unit apartment project in downtown Tempe, closed in June 2018 and recently completed its renovation. The second project, a 12-unit apartment renovation in Uptown Phoenix, closed in December 2018 and renovations are in progress.

Additional information is available at neighborhood.ventures and youtube.com/neighborhoodventures.

About Neighborhood Ventures

Neighborhood Ventures is Arizona's first real estate crowdfunding company in Arizona. Founded in September 2017 by multifamily brokerage veteran John Kobierowski and former Goldman Sachs tech analyst Jamison Manwaring, Neighborhood Ventures offers a platform for non-accredited Arizona investors to invest in properties in their communities. For additional information, visit neighborhood.ventures.

Related Images

front-rendering.jpg
Front Rendering

courtyard-rendering.jpg
Courtyard Rendering

Related Links

Web-site

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/neighborhood-ventures-closes-on-third-investment-property-near-old-town-scottsdale-300875868.html

SOURCE Neighborhood Ventures

Anzeige
Anzeige
Börse Stuttgart Anlegerclub

Die richtige Strategie für die Börsenkrise

Stecken Sie nicht den Sand in den Kopf, sondern kaufen Sie die richtigen Aktien. Erfahren Sie im aktuellen Anlegermagazin mehr über attraktive Qualitätsaktien und zyklische Aktien
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX geht etwas fester ins Wochenende -- Dow Jones im Minus -- Wirecard: Zusammenarbeit mit Aldi -- Zipse wird neuer BMW-Vorstandschef -- Software AG, Bayer, Sartorius, Microsoft, Boeing im Fokus

Pfeiffer Vacuum passt Prognose nach Quartalszahlen an. American Express meldet Gewinnsprung. Ex-Automanager Ghosn reicht Klage gegen Nissan und Mitsubishi ein. NORMA passt Jahresprognose an. Heidelberger Druck-Aktien setzen Kurseinbruch fort. AB InBev verkauft Australien-Geschäft. Munich Re erzielt Milliarden-Gewinn.

Die 5 beliebtesten Top-Rankings

Die 12 toten Topverdiener 2019
Diese Legenden sind die bestbezahlten Toten der Welt
Das hat sich geändert
Diese Aktien hat George Soros im Depot
Big-Mac-Index
In welchen Ländern kostet der Big Mac wie viel?
Die Länder mit den größten Goldreserven 2019
Wer lagert das meiste Gold?
In diesen Berufen bekommt man das niedrigste Gehalt
Welche Branchen man besser meiden sollte.
mehr Top Rankings

Umfrage

Wo sehen Sie den DAX Ende 2019?

Online Brokerage über finanzen.net

finanzen.net Brokerage
Handeln Sie für nur 5 Euro Orderprovision* pro Trade aus der Informationswelt von finanzen.net!

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
Microsoft Corp.870747
Deutsche Bank AG514000
Daimler AG710000
Scout24 AGA12DM8
Wirecard AG747206
Amazon906866
Apple Inc.865985
TeslaA1CX3T
Allianz840400
BMW AG519000
NEL ASAA0B733
E.ON SEENAG99
BayerBAY001
Infineon AG623100
BASFBASF11