Vendaval on Mr. Crowd

2 Acres of 94 Residential Units & 20,000 sf of Commercial Facilities, Entertainment Facilities, restaurant and other amenities

Raise to date: $3,300

Reporting Date: 01/26/2020

Key Stats

Minimum Raise

$50,000

Maximum Raise

$1,070,000

Likelihood of Max Unlikely
Start Date

08/21/2019

Stop Date

03/31/2020

Days Remaining

63

Security Type

Preferred Stock

Investment Minimum

$100

Deal Type

No Review


Investment Summary

Status

Active

# of Investors

6

% of Minimum Raised

7%

% of Maximum Raised

N/A

Dollars Per Day to Reach Max

$16,932

DPD* Committed

$21

DPD* Category

$0

DPD* All Companies

$1,131

Kingscrowd Momentum

$3,300

Total Dollars Raised

Commitments

Weekly Commitments ($)
Aggregate Commitments ($)

SEC Filing Data from Kingscrowd

Vendaval, with a pre-money valuation of $20 million, is raising funds on Mr Crowd. The company is developing two acres of 94 residential units and other commercial facilities like entertainment facilities and restaurants to support these residential units in Santa Ana, California. Most of the 94 units will be pre-leased before the start of construction, and the facility will be operational within two years of the start of construction. Vendaval was founded by Nadim Nick Saifan Jr. in April 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 hire the pre-construction team and to acquire and develop the property. Vendaval aims to build a differentiated and comfortable community with excellent services for youth, adults, and veterans. The commercial part will house a laundry facility, UPS store, education centre, fast food restaurant, gym facility, and a medical facility.

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