|Raise Close Date||August 17, 2020|
|Last Updated||May 11, 2020|
|Current Amount Raised||$0USD|
|Total Raise||$105,000,000 USD|
|Soft Cap||$1,000,000 USD|
|Raise Status||Open since Planning|
|Minimum Investment||$25,000 USD|
|Accepted Investors||US & International Accredited Only|
|Instrument||Equity and Debt hybrid|
|Price Per (REICG Debt)||$100|
|Token Issuance Platform||REINNO|
|Token Issuance Info||REINNO|
Debt and Equity offering
Coming in at, roughly, $105 million, this fund is backed by U.S. based real estate. Through the tokenization process, access to this asset class is now attainable on a much more global scale.
In a somewhat unique approach, the pairing of companies have decided to structure/offer the REI Capital Growth Fund in what they call a ‘two-tiered’ approach.
$40 million in equity
$65 million in debt
By raising capital in this manner, REI hopes to attract a greater amount of investors. Many investors are simply not interested in equity, or maybe debt – by offering both, investors can choose what suits their particular needs.