To expand crowdfunding marketplace to accredited investors and issuers focused on real estate investment.
ProHatch, the alternative capital formation and advisory services platform, announced that they’ve added regulated securities issues to the platform, expanding their online marketplace to Accredited Investors and Issuers focused on financial investing in growth oriented businesses, real estate as well as nonprofit programs.
“We are differentiating ourselves in the burgeoning market of crowdfunding by offering a platform where contribution crowdfunding and regulated crowdfinance can work side by side,” said Elizabeth Smith Kulik, Senior Managing Partner. “Through the introduction of regulated issues on ProHatch, Sponsors and Accredited Investors can now come together to pool their interests and collectively participate in ProHatch’s marketplace of high yield single asset, portfolio and institutional quality real estate.”
On the regulated side, one of ProHatch’s featured Sponsors is GRJ, LLC. This Manhattan-based owner/developer/operator acquires and repositions underperforming multi-family and mixed-use assets. GRJ currently owns and operates an apartment portfolio consisting of over 505 apartments and 422,000 square feet of real estate in Manhattan, Brooklyn, Philadelphia, PA & Englishtown, NJ. GRJ recently purchased a JV interest in three multi-family assets in Pennsylvania & New Jersey. The acquisition is comprised of 380 residential units located in Philadelphia, PA, Fairless Hills, PA, & Englishtown, NJ. The portfolio is currently 94% occupied with stable performance. The business plan for the portfolio includes a coordinated program of rent increases, operating expense optimization, capital improvements, amenities and the introduction of professional property management services. Such opportunities are offered only to Accredited Investors who have evaluated the risks and merits of the offerings.
Additionally, one of the 501(c)3 donation-based campaigns featured on ProHatch is a raise currently taking place for Herzog Hospital in Israel to fulfill a major respiratory care and research program initiative. Herzog Hospital is Israel’s foremost center for geriatric, respiratory, mental health and psychotrauma care, treatment, research and does some of the world’s most exciting work in these fields. With 330 beds, it is the third largest hospital in Jerusalem. Due to the dramatic growth of Herzog Hospital, a new wing is being constructed to add 270 much needed beds.
ProHatch turns the tables to bridge the traditional gap between giving and investing. They recognize that the real difference between the two is how stakeholders value their soft and hard returns when they decide to deploy investment and giving dollars.
ProHatch’s alternative capital formation and advisory services platform specializes in sourcing small and mid-cap investment opportunities. ProHatch originates deal flow in programs with well-established professional sponsors of income producing commercial real estate programs, proven beta and pre Series A operating companies, and growth oriented, federally registered nonprofits.
Every sponsor and investment, crowdfunding or crowdfinance, is scrutinized in ProHatch’s highly disciplined due diligence process, undergoing rigorous qualitative and quantitative evaluation. The team brings an intelligence to the process that comes from over four decades experience in capitalizing, restructuring, advising and managing over $75B of real estate, corporate, and private assets for public and private entities, to the evaluation of every investment opportunity. In addition to meeting ProHatch’s strict underwriting criteria, each crowdfinanced regulated issue and sponsor undergoes a third-party compliance evaluation.
ProHatch offers investors the opportunity to build and manage a balanced portfolio of financial and social investments completely online. ProHatch delivers family, individual and institutional investors a pre-vetted, curated pipeline of investment opportunities.
ProHatch offers equity securities through North Capital Private Securities Corporation, a registered broker-dealer and member FINRA/SIPC.