2nd Dividend Date Announced
We have some very exciting news to announce today 🎉. The Issuer of Altadore Townhomes has declared another early dividend.
What does this mean for you? Simply, that if you are a shareholder by October 23rd, 2023 (unless it sells out earlier) you will be eligible for a dividend payable on November 15th, 2023.
If you’re an addy member, you have the opportunity to invest anywhere from $1 to $10,000! However, if you’re an accredited investor and looking to invest over $10,000, simply reply to this email and let us know.
Does this mean Altadore Townhomes is closing on Oct 23rd, 2023? It might! If it sells out before this date then it will close, otherwise, Altadore Townhomes remains open until that time. The second tranche will be closing on October 23rd, 2023.
What? I can get another dividend already? 💰 Yes, since this property is already cash flowing as it is fully rented and it is targeting a 3% annualized cash distribution; the General Partner generously agreed to do more than one closing with addy. This means all shareholders on record as of October 23rd, at 11:59am PT will receive a distribution.
More About This Property
Altadore Townhomes are 20 beautiful, less than 3 year old, fully occupied townhomes. There are multiple exit strategies for this property, and it is a projected 8 year hold with 32 distributions projected over those 8 years, one per quarter. You can get access to the first distribution by investing before the end of day on Sept. 29!
Invest in Calgary:
The General Partner:
Purchases of the issuer’s equity securities will be conducted, where permitted, through a platform operated by Atlas One Securities Inc., an exempt market dealer (NRD#: 68420) in the provinces of British Columbia, Alberta, Saskatchewan and Ontario, which has been appointed as the issuer’s agent for this offering.
The offering in this blog post is available under National Instruments 45-110 Start up Crowdfunding and Prospectus Exemptions, and is provided by Atlas One Digital Securities as an Exempt Market Dealer registered in BC, AB, SK, and ON. The content contained in this post and available on the addy website or Atlas One website is for general informational purposes only and shall not be construed as an offer to sell or a solicitation of an offer to purchase any securities. This information is made available on an “as is and as available” basis. Nothing in this post or on the addy website or Atlas One website shall be construed as an offer to sell or a solicitation of an offer to buy any securities, liabilities or assets. Atlas One shall not be liable, under any circumstances for any direct, indirect, special, incidental, consequential or punitive damages, or any other damages whatsoever, including, without limitation, lost revenues, lost profits or loss of prospective economic advantage. The information provided in this post and on the addy website or Atlas One website is intended for informational purposes only and is not intended to constitute investment, financial, legal, tax or accounting advice. Many factors unknown to us may affect the applicability of any statement or comment made on this website for investment, financial, legal, tax or accounting advice. Atlas One is not acting in any fiduciary capacity in regards to this material.