REAL ESTATE INVESTMENT
LandOrc | August 30, 2021
Bridging the USD 500 billion Real Estate Funding Gap via USD 19 billion and growing Decentralised Finance pool.
LandOrc is pioneering a new way of collateral based lending for the real estate industry. Specially focusing on high base lending rate markets with annual property development spends in the region of USD 500 billion. Property developers in the markets are seeking lower cost of capital to improve their profitability.
On the other end, growth of the decentralised finance products have been based primarily on virtual assets. Availability of real world assets like land, provided as a collateral against lending, provides a greater level of reassurance to the crypto investors operating on decentralised finance. This land collateral is in the form of NFT (Non Fungible Token) with oracles bringing in other physical world data points associated to the land title on-chain.
Thus bringing greater transparency and pace for transactions via blockchain. An analysis of Ethereum wallets show that 99% of wallets are still not involved in speculative financing activity and hence would see value in land collateral based lending.
A number of property developers from high interest markets in Asia and Africa have already lined up their projects for lending along with a collateral thus ensuring there is a flow of potential projects. LandOrc opened up their platform to early stage investors on the 15th of August for them to understand the business, working of DApps (decentralised applications) and buying LandOrc (LORC) tokens.
LORC tokens are the sole means available for staking or lending on the LandOrc platform. They are available for purchase on the platform itself and decentralised exchanges like Uniswap. Thus offering investors multiple opportunities to participate in the LandOrc platform.
With all its smart contracts listed on Etherscan and security checked by Entersoft, an Australia based IT and Blockchain security expert. The entire DApps from NFT creation to token staking is available for viewing for the community to better understand the process.
The launch has been very well received by the investors, these pioneers have already bought the entire seed round. Like the early days of Bitcoin these pioneer investors have received the first block of LORC tokens The pioneer investors are looking forward to the future growth of the LandOrc and are enjoying some of the bonus benefits available for pioneers.
KNPRE 1031 | February 04, 2022
Keystone 1031 (KNPRE 1031), a sponsor of impact and tax advantaged investments, has acquired a $35,650,000 diversified portfolio of eight net leased properties in major MSAs on behalf of their current DST offering, Keystone 1031 Net Leased Portfolio II.
The single-tenant properties total more than 62,000 square feet and are leased to nationally recognized brands 7-Eleven (Las Vegas), Family Dollar (Fort Worth, TX), Goodwill (St. Paul, MN), Walgreens (Denver), O'Reilly Auto Parts (Chicago), Jiffy Lube (San Antonio, TX). Sherwin Williams (Milwaukee, WI), and Starbucks (Bloomington, IN). The portfolio is diversified across seven states and focuses on the essential retail verticals of convenience, auto repair, home improvement, and clothing & home goods. The portfolio is designed to provide capital preservation and monthly, predictable cash flow during the anticipated 10 year holding period.
This portfolio reinforces our real estate acquisition philosophy of buying strong brands in top MSAs and offering geographic, industry, and lease term diversification. The portfolio has a weighted average lease term or WALT of 11.29 years, Given the current and anticipated market environment, we are focused on continuing to deliver value to our investors by identifying real estate opportunities that provide capital preservation and predictable cash flow."
Mike Packman, KNPRE's Founder & CEO.
ABOUT KNPRE 1031
Keystone 1031 is a member of the Keystone National Property (KNPRE) family of companies. Established in 2016, KNPRE provides impact and tax-advantaged investment opportunities for accredited investors.
REAL ESTATE TECHNOLOGY
prnewswire | February 02, 2021
Schottenstein Real Estate Group, one of the biggest land improvement organizations in the Midwest, declares the offer of three of their advancements adding up to $177 million. The Delaware County advancements included are Powell Grand Communities, situated on Sawmill Parkway and Seldom Seen Roads, and Northlake Summit situated at Route 36/37 and I-71, which were offered to Cortland. Furthermore, Central Gardens Grand situated in Palm Beach Gardens, FL was offered to L&L Investors. Overseeing Partner for Schottenstein Real Estate Group, Corey Schottenstein expressed, "Our developments were located in perfect locations for these times in high end suburban areas, and the type of product we develop is probably one of the best real estate investments in the current economic climate."
President of Schottenstein Real Estate Group, Brian Schottenstein says, "Our company has been fortunate to achieve a great year despite the unfortunate Covid pandemic, thanks to all of our employees involved and the nature of our developments. We currently have over 1200 new units in construction, and as our industry continues to boom, more are planned."
Schottenstein Real Estate Group's emphasis on top of the line rental advancements is unequivocally obvious in their new tasks. One of the freshest: Liberty Grand Communities is the principal actually enormous arranged rental local area affirmed in Liberty Township, Delaware County, OH. Freedom Grand Communities sits on 300 sections of land only northwest of Olentangy Liberty High School close to Sawmill Parkway and Home Roads. It incorporates a blend of condos, garden lofts and farm homes, all with a couple of vehicle carports and different recently planned plans incorporating those with first floor main rooms. Occupants can exploit creative conveniences including a 14,000 square foot clubhouse, bocce ball, pickle ball, canine park, putt, a local area garden, resort style pool and lap pool, lounges, fishing wharf, bistros, card rooms and a 24-hour wellness focus. Freedom Summit is likewise in development in Liberty Township, Delaware County, OH. Orange Grand Communities is at present being created as the freshest and most pleasant rental local area ever underlying Orange Township, Delaware County, OH.