Fort Lauderdale, Florida (PRWEB) May 14, 2014
Open Source Capital, LLC, a specialty real estate finance company, has launched the first of a series of private placements that are now permitted to be advertized under the JOBS ACT. The company is using crowdfunding to finance the acquisition of a vacant waterfront commercial property located in one of South Florida’s most premier locations.
Open Source Capital is also introducing its newest investment product, which the company calls “dequity.” Dequity provides attributes of both fixed-income and equity. Open Source Capital’s dequity investments allow accredited investors to invest in secured mortgage notes that receive quarterly interest payments plus a share in the profits from the sale or rental income of the property.
The South Florida waterfront property being financed is currently going through the permitting and development approval process, while private discussions are taking place with a handful of qualified developers and commercial tenants.
Open Source Capital’s managing director,Kyle E. Meyer, states “Investing is complicated, but we insist on trying to make it simple. Our dequity investment program is a convenient way for accredited investors to participate in the real estate market by earning quarterly interest on their money, plus upside potential, without the headaches of property ownership.”
Open Source Capital identifies, analyzes and issues loan commitments to real estate developers and builders seeking financing for their projects. Once a project has been vetted and approved for funding by Open Source Capital, the project is posted on dealscene.com. DealScene.com provides a secure and stable platform that facilitates marketing a private placement offering via the internet. The JOBS ACT relaxed the advertising rules on private financings, extending companies' reach and breaking down barriers that hindered investors and companies from dealing directly with each other.
Open Source Capital has embraced the internet to help give real estate investors access to private placement offerings that may have been denied to them in the past.
With over 25 years of experience in finance and real estate development, Open Source Capital can assist both new and experienced accredited investors in reaching their investment goals.
For more information on our investment programs contact:
Kyle Meyer: 954-848-6200
Web Site: http://www.opensourcecap.com
Certain information included in this press release may contain forward looking information that is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from expected results. Among these risks, trends and uncertainties are OSC’s ability to raise capital, risks associated with OSC’s business plan, national and local economic conditions, including conditions in the homebuilding and construction industry, conditions and trends in the real estate industry in general, changes in interest rates and other factors.