FAIRWAY, Kan., Oct. 8, 2018 /PRNewswire/ -- The Kansas City-based commercial real estate investment firm, Platform Ventures, is excited to announce the availability of Platform Ventures Diversified Housing REIT.
Platform Ventures Diversified Housing REIT intends to invest in a diverse portfolio of stabilized and income-oriented multi-tenant rental housing properties in the U.S. The offering will have a primary focus on multi-family apartments, student housing, and senior living facilities. The initial offering size is $50,000,000, and the offering is available to accredited and non-accredited investors with a minimum investment requirement of $25,000.
The REIT has identified two seed assets that will be a part of its portfolio. The first seed asset is the Domain at City Center located in Lenexa, Kansas, one of Kansas City's sub-markets. The property consists of 200 units and was 96.0% occupied as of June 30, 2018. The second seed asset is Orchard Corners, a 64-unit, 189-bed apartment building located in Lawrence, Kansas. The property is less than 2 miles west of the University of Kansas, which enrolls approximately 28,000 students and has 1,800 faculty members. As of August 31, 2018, Orchard Corners was 95.0% leased for the 2018-2019 school year.
To initiate an investment in Platform Ventures Diversified Housing REIT or learn more about the offering, please access the RealtyClub online platform at realtyclub.com. RealtyClub is owned and operated by a Platform Ventures affiliate and uses technology designed to support financial advisors and investors with commercial real estate services and resources.
Real estate investments are speculative and involve substantial risks. Consider the risks outlined in the offering circular before investing. Risks include, but are not limited to illiquidity, lack of diversification, complete loss of capital, default risk, and capital call risk. Investments may not achieve their objective.
About the Sponsor: Platform Ventures
Platform Ventures is a holding company that, through certain subsidiaries, invests in real estate, real estate operating companies, and real estate technologies. Platform Venture's experienced team seeks to add value to client portfolios by applying its knowledge of the long-term cycles and macro-economic trends that shape the real estate market to create price-to-value dislocations. Platform Investments, LLC, which is owned by Platform Ventures, is a registered investment advisor and manages several investment vehicles that consist of institutions and high net worth investors. SEC registration does not imply a certain level of skill or training. Platform Ventures, through its subsidiaries, has over $1.3 billion in assets under management as of June 30, 2018.1
Platform Ventures Diversified Housing REIT, LLC (Issuer) has filed a notice of qualification (including an offering circular) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should carefully review the offering circular in the registration statement and the other documents the Issuer has filed with the SEC for more information about the Issuer's securities offering. You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Issuer will arrange to send you the offering circular if you request it via telephone at (816) 285-3872 or via email at firstname.lastname@example.org or by clicking HERE.
Securities offered through North Capital Securities Corporation, member FINRA/SIPC
1 This includes affiliates and does not represent Regulatory Assets Under Management as defined by the SEC
Contact: Taylor Ford
Phone: (816) 285-3872
SOURCE Platform Ventures