Early Divvy Coming!
We have some very exciting news to announce today. The Issuer of the first US Property and first student housing complex on the platform – Apex On Perkins in Stillwater, Oklahoma – has declared an early dividend.
What? I can get a dividend already? Yes, since this property is already cash flowing and it is targeting a 7.62% annualized cash distribution; the Issuer generously agreed to do more than one closing through addy. This means all shareholders on record as of October 31, 2023 at 11:59pm PT will be eligible for it.
When do I get this dividend? If you are a shareholder by October, 31 2023 you will be eligible for a dividend payable on January 30, 2024.
Does this mean Apex on Perkins is closing on October 31? No! It remains open. There will be additional tranches and potentially more dividends coming
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.
More about this Student Housing Complex
Apex on Perkins is a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma. The estimated ROI for this property is 119.11% (19.06% IRR) with a projected 5 year hold and 20 estimated distributions. You can get access to the first distribution by investing before the end of day on October 31, 2023
You need $USD to invest in this property
ICYMI: We’ve rolled out USD addy wallets to enable you to invest in this property. You need a USD bank account at a Canadian financial institution in order to fund your wallet. Don’t have one? Many Canadian financial institutions make it easy to open a bank account, check out this list.
You can learn more in our FAQs related to USD.
Join the Conversation about Apex On Perkins
Did you know addy has a thriving Discord community filled with like-minded people who are interested in learning about this property? This is a great way to connect with fellow members, the issuer, and is a fun place to learn about real estate investing, financial freedom and more! Click here to join.
Become an addy member:
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 is available under an Offering Memorandum under National Instruments 45-106 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.