Lucas & Friend on Mr. Crowd

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Raise to date: $5,000

Reporting Date: 03/25/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

03/13/2020

Stop Date

12/31/2020

Days Remaining

Closed

Security Type

Other Security Type

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

4

% of Minimum Raised

10%

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

$3,845

DPD* Committed

$417

DPD* Category

$0

DPD* All Companies

$966

Kingscrowd Momentum

$5,000

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Lucas & Friend, with a pre-money valuation of $100,000, is raising funds on Mr. Crowd. The company aims to explore business opportunities in the US co-living real estate for global Chinese students. Lucas & Friend will acquire, develop, and manage such co-living spaces, with rental prices expected to be between $1,150 and $1,650 per month. Lucas & Friend was founded by Nathan Jenkins in November 2019. The current round of crowdfunding has a minimum target of $50,000 and a maximum target of $1,070,000, and the proceeds will be used to acquire an existing single-family property within the school network of the University of California Irvine, give it a makeover, and furnish and develop it. Lucas & Friend has the potential to become the leader in global Chinese students’ accommodations, both within the US and across the world.

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