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

Analytics

Raised to Date: $324,100

Aggregate Commitments $
Platform

Republic

Start Date

06/11/2020

Close Date

08/18/2020

Min. Goal

$46,300

Max. Goal

$324,100

Min. Investment

$116

Security Type

Equity - Common

Funding Type

RegCF

Weekly Commitments $
Status
Funded
Reporting Date

08/31/2020

Days Remaining
Funded
% of Min. Goal

700%

% of Max. Goal

100%

Likelihood of Max
Funded
Avg. Daily Raise

$4,766

# of Investors

1,423

Momentum
Funded
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. The property is a 77-unit residential condominium with a landscaped courtyard, custom pool, and fitness centre. 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 proceeds of the current round of crowdfunding, with a minimum target of $46,300 and a maximum target of $324,100, will be used for the acquisition of the property. Illume- Nashville has 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 $7,116 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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