Invest in a new Nashville luxury condo to be operated as a vacation rental

Analytics

Raised to Date: $8,537

Aggregate Commitments $
Platform

Republic

Start Date

01/12/2021

Close Date

05/15/2021

Min. Goal

$463

Max. Goal

$106,490

Min. Investment

$463

Security Type

SAFE

Funding Type

RegA+

Valuation

$463,000

Weekly Commitments $
Status

Active

Reporting Date

01/20/2021

Days Remaining

111

% of Min. Goal

1,844%

% of Max. Goal

8%

Likelihood of Max
Avg. Daily Raise

$1,067

# of Investors

14

Momentum
Location

New York, New York

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Illume- Nashville, a new Nashville luxury condo, is raising funds on Republic through Reg A+ crowdfunding. The property is a 77-unit residential condominium with a landscaped courtyard, custom pool, and fitness center. The condo has been designed by The Bradley Projects and offers clean lines, airy interiors, and abundant sunlight. Illume- Nashville is led by Janine Yorio and Jesse Stein and will be owned by Compound Projects. The company raised over $320,000 in its previous round of funding on Republic. The proceeds of the current crowdfunding campaign, with a minimum target of $463 and a maximum target of $106,490, will be used for the renovation of the property. Illume- Nashville has a strong potential for capital appreciation and will be used for vacation rental. The rental services will be managed by Turnkey, a branded hospitality service for private accommodations.

Summary of Crowdfunding Raises
Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
05/16/2021 Republic $0 $ SAFE RegA+
05/15/2021 Republic $463,000 $8,537 SAFE Active RegA+
12/31/2020 Republic $0 $170,625 Equity - Common Confirmed Closed RegCF
08/26/2020 Republic $463,000 $193,500 Equity - Common Confirmed Closed RegCF
08/18/2020 Republic $0 $300,000 Equity - Common Confirmed Closed RegCF
08/18/2020 Republic $0 $324,100 Equity - Common Confirmed Closed RegCF
03/10/2020 Republic $0 $97,270 Equity - Common Confirmed Closed RegCF
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