Welcome to your Weekly Edition! Hope you’re having a wonderful Saturday!
Meet addy member Rosanna, the 3rd exit for addy investors, the upcoming projected payouts, and the latest industry news. Lots to catch up on. 👀
Today’s reading time is 3½ minutes. |
Celebrating the 3rd exit on the addy platform! |
Yesterday marked the triumphant occurrence of the third property exit, and it brought great news as 771 members of the addy community celebrated a remarkable 18% return on their investments within a mere 9 months! 🎉 This fantastic outcome deserves a round of applause, highlighting the success of Peoplefirst Developments in making it happen. A special thank you to Peoplefirst Developments for their instrumental role in achieving an impressive 18% return for 771 addy members in just 9 months! Cheers to the returns and the thriving addy community! 🚀 |
The Lex – 920 addy Members received 22.89% ROI in 12 Months |
Quick Wins |
🎥 Did you see the live stream we did for the launch of The Harrison property on the addy platform? You can watch the recording here. 🤑 Financial Influencer Zac Hartley shot a video at The Harrison property the other day. He did a tour of the building and shows you around the neighbourhood. |
Why Rosanna Penilla-Bharucha Loves addy |
Revisiting our conversation with Rosanna Penilla-Bharucha, a resident of Ontario. “Real estate can be an incredible wealth generator and I believe it’s really important for young people to understand this.” ( Read More) |
Industry News |
Vancouver city council approves vision for Jericho Lands The development partnership of three First Nations and a federal Crown corporation is one step closer to transforming 90 acres of West Point Grey into a high-density, car-light community after Vancouver city council unanimously voted in favour of their plan on Wednesday. ( Western Investor) |
Industrial real estate remains tight despite record-breaking increase in new space Even though a record-breaking 16.3 million square feet of new industrial space was added to the Canadian market in the final quarter of 2023, demand continues to outpace supply, according to a new report. ( Financial Post) |
Flawed foreign ownership narratives drove ‘housing nationalism’ in Canada The number of B.C. homes owned by people who live outside of Canada is less than half the number of homes that B.C. residents own abroad. If that surprises you, blame narratives that have arisen during the housing affordability crisis, which often cite foreign home ownership as a major contributing factor with little evidence. ( UBC) |
Investment Opportunities |
Apex on PerkinsStillwater, OK 🇺🇸This is your opportunity to participate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma. |
WychwoodToronto, ON 🇨🇦This is your opportunity to participate in the ownership of a 9-unit multi-family complex consisting of 2 buildings located in the Wychwood neighborhood of Toronto, Ontario. |
The HarrisonCalgary, AB 🇨🇦This is your opportunity to participate in the ownership of 51 residential units and 12 commercial units in a single 5-storey mid-rise apartment building located in the City of Calgary. |
Maple View HeightsMission, BC 🇨🇦Participate in the ownership of the 108-unit purpose built rental development, including 11 affordable rental units, located in Mission, BC that is nearing completion. Campaign Ends: Jan 30th 2024 |
Upcoming Payouts |
Projected Issuance Payouts |
Exits |
Exits so far for addy members An exit occurs when investors divest or liquidate their ownership position in an investment. |
Good update. It’s great to see 3 and even 4 properties on offer with addy now. Keep up the good work.