JACKSONVILLE, Fla., May 9, 2017 /PRNewswire/ -- RealtyeVest announced new capital raise assignments for on-trend real estate investment offerings in two growing real estate markets - affordable housing and assisted living. Sales in these niche markets are being driven by a sea of change among two major demographic groups - baby boomers and millennials.
As baby boomers are retiring in droves, they are experiencing substantial lifestyle shock due to low or no retirement savings. Many are moving to affordable housing communities to enjoy retirement.
"Developers are recognizing the growing demand for affordable housing, and have begun aggressively acquiring and upgrading communities across the U.S.," said Daniel Summers, CEO of RealtyeVest. "We are working with many of these developers, regularly adding exceptional multi-million-dollar investment offerings to our platform."
Under the direction of CEO Dan Summers, RealtyeVest has become a leading online real estate investment platform giving accredited investors a simple, secure and transparent process to maximize returns on real-estate deals.
"What differentiates us from other online investment platforms is my extensive high-dollar acquisition experience, acquiring $50M, $60M, $70M properties," said Summers. "I am accustomed to dealing with very large transactions with many moving parts. This translates into the ability to comfortably underwrite RealtyeVests' current investment platform"
As health concerns become more prevalent among baby boomers, there is an increased demand for assisted living facilities.
"Assisted living facilities have a projected 30% growth rate over the next 10 years, and are selling 18% faster today due to a lack of inventory," said Summers. "RealtyeVest uses on-trend targeting to capitalize on the hottest real-estate investment opportunities."
Summers is rapidly building RealtyeVest to the same magnitude as he did with his former real estate investment firm Hastings Realty and Madison Realty Group, which he grew into a $1 Billion collection of office buildings and shopping centers.
RealtyeVest's recent capital raise assignments and new investment opportunities:
- Assisted Living Facility in Biloxi, MS: Valuation - $12M
- Assisted Living Facility in Todd Mills, SC: Valuation - $5M
- Affordable Housing in MI: Valuation - $15M
Projects coming soon:
- Assisted Living Facility in Las Vegas NV: Valuation - $2M
- Assisted Living Facility in KC: Valuation - $10M
- Student Housing in NJ: Valuation - $5M