Open Avenue

crowdfunding platformscrowdfunding

FOUNDING YEAR: 2013
LOCATION: Canada
Last Update: 17/07/2020

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About

Open Avenue is a real estate crowdfunding platform that enables individuals to buy shares of investment-grade real estate properties, without the landlord headaches. Unlike large-scale REIT and investment funds, investors can choose which individual investment properties to fund, giving them the ability to diversify their investment portfolio and the potential to transform their community. Open Avenue brings real estate investment into the digital world by providing real-time reports and insight into property income and expenses, valuations and operations. Our Mission 1. We believe everyone should have the opportunity to invest in quality direct real estate. 2. We believe real estate investment should be 100% transparent, so that you know exactly what bricks and mortar you own and how your income is being generated. 3. We believe you shouldnt have to put up tens of thousands of dollars into a single property. Investors should have the opportunity to pool together to own investment-grade property without without layers of management diluting their investment. 4. We believe you shouldnt have to plunge toilets and deal with midnight tenant phone calls in order to own real estate. Website: http://www.openavenue.com Twitter: @open_ave

MEDICI Analysis

Open Avenue is a real estate crowdfunding platform that enables individuals to buy shares of investment-grade real estate properties

Focus

PRODUCTS & SERVICES

Real estate investment crowdfunding platform

REVENUE MODEL

Company earns revenue by charging administrative, legal & reporting fees depend on investment.

People

FOUNDERS

Tim Mckillican

NUMBER OF EMPLOYEES

1-10

company provided insights

Momentum

FUNDED

NO

LISTED

NO

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