Freeman Berkshires

Neutral
BETA

Shared luxury in the sharing economy. Carbon neutral.

Analytics

Raised to Date: $861,500

Aggregate Commitments $
Platform

Small Change

Start Date

11/02/2020

Close Date

03/02/2021

Min. Goal

$1,000

Max. Goal

$890,000

Min. Investment

$1,000

Security Type

Equity - Preferred

Funding Type

RegCF / RegD 506(C)

Series

Pre-Seed

Weekly Commitments $
Status

Active

Reporting Date

02/24/2021

Days Remaining

3

% of Min. Goal

86,150%

% of Max. Goal

97%

Likelihood of Max
Avg. Daily Raise

$7,557

# of Investors

126

Momentum
Location

Irving, Texas

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Distribution Model

B2C

Margin

Medium

Capital Intensity

High

Business Type

Life Style

Freeman Berkshires, the number one vacation rental in Massachusetts, is raising crowdfunding on Small Change. The property will be used as a short-term rental in the shared economy. Freeman Berkshires is being sold by the management, and Shared Estates Assets Fund plans to acquire the property and renovate it in a carbon-neutral manner. The current round of crowdfunding has a minimum goal of $1,000 and a maximum goal of $890,000, and the proceeds will be used to purchase and renovate the property. Once Shared Estates completes the acquisition and renovation of Freeman Berkshires, it plans to find a buyer for it and sell it.

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