Investing in real estate has always been complicated, prohibitively expensive and inaccessible to most people. addy streamlines the entire process and makes investing in real estate more accessible to Canadians. There are no minimum investment requirements – members can start investing with just $1. A new member can open an account and make their first investment in minutes.
“We wanted to bring the accessible investing experience we’re known for closer to our members through a mobile app,” said Michael Stephenson, CEO and co-founder of addy. “From your palm, you can now invest in a retail complex, business park or apartment building alongside thousands of other community members. We’re excited to offer Canadians a simple and fun way to start building their financial future with real estate.
Add app features
addy will continually add new features and improvements to its app in response to member feedback. At launch, the app has the following features and functions:
- Invest in institutional quality commercial real estate in Canada;
- Enable notifications for every property that comes across the addy platform so you never miss an investment opportunity;
- Invest $1–$1500 by property (members can invest in as many properties as they wish);
- Free transactions;
- Learn how to invest in real estate as you go;
- Access to Opponent – a digital twin of all investments made by a member; and
- Available on iOS
“I run a very successful investment platform, but I had limited knowledge of real estate,” said Brandon Beavisfounder of the Investment Academy. “I tested the addy platform before sharing it with my network and loved how easy it was to get started. The offers on the platform are ones I would never find on my own and I love particularly the fact that all the heavy due diligence when it comes to verifying ownership is handled by their team of experts, plus the community built around it on Discord is amazing, you can get an answer to practically everything related to real estate.
How Addy Works
addy allows investment in institutional grade commercial real estate (eg entire apartment buildings, retail complexes and business parks). These are deals not generally available to the average Canadian, they are simply traded from wealthy individual to wealthy individual and are never publicly listed. addy’s real estate team opens up access to these hard-to-reach deals, puts them through a rigorous due diligence process, and those that qualify are then made available on the addy platform.
In order to be listed on the platform, the investment opportunity is broken down into investment tranches worth $1. For example, a $1,000,000 the equity tranche is divided into 1,000,000 shares; and ownership shares are available to qualified members on the addition platform. Members can decide how much they want to invest.
addy has listed 25 properties and accounts on the addy platform and raised over $10 million thousands of Canadians, with a total asset value of nearly $500 million. Residents of alberta, British Columbia, Ontario and Quebec having reached the age of majority can become an addy member for $25/year.
To learn more about addy, Become a memberand invest in real estate, visit addyinvest.com or download the iOS app (Android version coming soon). If you are already a member, refer a friend on the platform and you will both earn $25 in your portfolio to invest in your investments.
About Addy
addy Technology Corp. (“addy”) is a proptech company whose mission is to empower every human being to own property. addy allows Canadians to invest in real estate for as little as $1. addy was founded in 2018 by a team of real estate and technology entrepreneurs and is based in Vancouver, BC. To learn more, visit: addyinvest.com or download the iOS app in the Apple App Store. You can also join the @addyinvest community at Discord, Facebook, Twitter, Youtube, LinkedIn, ICT Tacand instagram. Tune into The addy Podcast at itunes and Spotify.
Warning
The information provided here is for informational purposes only. It does not constitute or form part of any offer or invitation or other solicitation or recommendation to purchase securities. It should not be considered financial or professional advice. You should consult a professional to determine what is best for your individual needs.
Forward-looking statements
This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities laws (collectively, “forward-looking statements”). The use of the words “intent”, “will”, “may”, “may” and similar expressions are intended to identify forward-looking statements. Although addy believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on any forward-looking statements as addy cannot guarantee that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in these forward-looking statements. Further, the forward-looking statements contained in this press release are made as of the date of this press release, and addy undertakes no obligation to publicly update and/or revise any of the forward-looking statements included, whether as a result of additional information, future events and/or otherwise, except as required by applicable securities laws.
SOURCE Addy Technology Corporation
For further information: Media Contact, Katie Kernahan, [email protected]1 (833) 462-9888
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