Allegiancy plans to use new SEC rules to forge a path for small businesses and investors.
Allegiancy is pleased to report that its CEO, Steve Sadler, will speak at REISA’s 2014 Annual Conference in Las Vegas Tuesday, Sept. 16.
Sadler will participate in the morning’s general session panel discussion – “What is the opportunity with Reg A+? Where are the accredited investor limits going? Is it Crowdfunding or 506(c)?”
Based in Richmond, Va., Allegiancy is poised to lead the nation in Reg A+ – a revolution that will help strengthen small businesses and usher in a new era for investors by increasing the amount of capital a private company can raise through a public securities offering from $5 million to $50 million in a year.
Allegiancy recently completed a successful Reg A offering under the existing rules and plans to be one of the first companies in the nation – if not the first – to offer $20 million in preferred equity securities under the new Reg A+ rules.
REISA, formerly the Tenant-In-Common Association, is a trade association serving all professionals who offer and distribute alternative investments. REISA members include broker-dealers, sponsors, registered investment advisors, registered representatives, financial advisors, lenders, real estate brokers, consultants, due diligence firms, investment advisors, accountants, law firms, technology firms and other affiliated personnel.
At the REISA conference, Sadler said he will talk about the potential that the new Reg A+ rules will create not only for his own company, but for other companies of all sizes, along with investors.
“The additional capital we’ll raise will help us grow our firm faster, but Reg A+ is about much more than Allegiancy,” said Sadler.
“Reg A+ is about opening doors for small businesses who previously couldn’t access the capital they needed to grow. More than 75% of the businesses in US economy have been locked out of the equity markets in the past. This is about creating jobs. And it’s about giving regular folks access to investments that only a handful of accredited investors have enjoyed up until now.”
REISA is a national trade association of decision makers that influence over 20,000 professionals who offer and manage alternative investments. These typically include, but are not limited to: non-traded REITs, real estate partnerships, real estate income and development funds, tenant-in-common interests, oil and gas interests, and other securitized real estate investments. We work to maintain the integrity and reputation of the industry by promoting the highest ethical standards to its members and provide education, networking opportunities and resources. REISA connects members directly to key industry experts through intimate forums providing timely trends and education; helping create a diversified portfolio for their clients.
Allegiancy is changing the business of asset management for commercial real estate owners and investors. With an advanced technology platform and singular focus on serving as the owners’ advocate, the company brings fresh vigor to an often poorly understood business. Combining its proactive Value Assurance℠ operational rigor with an intense focus on cash flow and profitability, Allegiancy is expanding on a track record of more than four decades of success.
Headquartered in Richmond, Va., and led by a team of seasoned professionals with more than 100 years of experience, Allegiancy manages properties that have outperformed their peers by 45 percent since 2006. The company has more than $300 million in assets under management (AUM) and delivers clients attractive returns and profitable, hassle-free investments in commercial real estate.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements are based upon the Allegiancy, LLC’s (the “Company”) present expectations, but these statements are not guaranteed to occur. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. Investors should not place undue reliance upon forward-looking statements. For further discussion of the factors that could affect outcomes, please refer to the “Risk Factors” section of the offering circular dated January 14, 2014 and filed by the Company with the U.S. Securities and Exchange Commission on January 15, 2014.