Miami,FL (PRWEB) September 03, 2015
EarlyShares, the leading real estate crowdfunding investment platform, has launched a new equity investment opportunity available to accredited investors. The offering is for the redevelopment of the Shoppes at Godwin, a mixed use retail center in Midland Park, New Jersey. Click Here to learn more.
Accordia Realty Ventures LLC, the sponsor of the deal, is raising a total of $1.2 million on EarlyShares. To welcome as many eligible investors into the opportunity as possible, Accordia has set the minimum investment amount at just $5,000 – EarlyShares’ lowest minimum for a commercial real estate offering.
Accordia acquired the property in the summer of 2013 for a total acquisition cost of $3,240,163. The property is a two story mixed-use building consisting of retail, apartments and office space situated on a main thoroughfare in an affluent area of Bergen County, N.J. Retail space in the area is in high demand.
The property was originally developed in the 1960s and will be redeveloped into a Class A shopping center complete with new facades, storefronts, and tenancies. The center is already 65% leased and showing strong leasing activity, with rental rates for new tenants now 200% higher than in-place, going from $10 per square foot to over $30.
This is Accordia’s second real estate crowdfunding offering on EarlyShares. Accredited investors who are interested in learning more should click here and request access to the deal.
“With the Shoppes at Godwin Plaza, we’re working with a poorly managed property in a highly attractive location – providing huge upside to this opportunity,” said Joseph Romano, principal of Accordia Realty Ventures. “We’ve already made significant progress on our redevelopment plans and are in negotiations with new national tenants to occupy the property following construction.”
“We’ve brought this deal to EarlyShares because we see this as a highly compelling opportunity for investors throughout the U.S. to capitalize on our redevelopment experience and knowledge of the Bergen County, New Jersey market,” Romano continued.
“Accordia is exactly the kind of reputable, experienced sponsor we like to introduce to our investor community,” said Joanna Schwartz, CEO and Co-Founder of EarlyShares. “We look forward to helping our investors add this commercial real estate opportunity to their portfolios for a minimum investment of just $5,000.”
To browse all current investment opportunities on the EarlyShares platform, click here.
Under current SEC regulations, only accredited investors who are registered users of EarlyShares are able to invest in the Shoppes at Godwin offering and other opportunities on EarlyShares. Interested investors can sign up here and fill out an accreditation questionnaire to determine if they are eligible to invest.
About EarlyShares
EarlyShares is the trusted real estate crowdfunding platform that gives accredited investors direct access to vetted, return driven investments in commercial real estate. Under new securities regulations, EarlyShares streamlines the processes of real estate investing and capital raising to make them more accessible, transparent, and data-driven. Thousands of investors are seeking to invest nearly $300 million on EarlyShares in the next 12 months. For more information or to join the ‘Future of Investing,’ visit EarlyShares.com.
CONTACT:
Madelyn Young
EarlyShares Marketing & PR
786-272-2022
myoung(at)earlyshares.com