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Construction Collective, an investment platform that allows investors
to pool equity capital in new home construction projects, officially launched on Monday.
The platform enables accredited and non-U.S. investors to earn returns from the earliest point when homes are sold or rented.
- Home
Construction Collective allows everyday investors to help fund the
construction of new homes and, in turn, earn money when those properties
are sold or rented.
- It is said to simplify the investing
process in real estate and help balance out the markets that suffer from
supply and demand imbalances.
- To start, the platform will highlight investment properties in Central Florida and expects to attract 1,000 investors per week.
- "We
believe that by unlocking the investment potential of communities, we
can finally address the housing paradox and make a significant impact on
the availability of homes for people to live in and thrive," Erich
Wasserman, Collective's co-founder and President, said.
