CoDwell

CoDwell

Coliving and project collaboration at scale with communities based on shared passions and interests.

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Security Type
Revenue Sharing
Categories
Real Estate
Min Investment
$100
Location
San Francisco, CA
Offering Date
September 18, 2020
Expected Close Date
January 13, 2021
Target Raise
$100.00K-$1.07M
Deal Notes

Revenue Sharing Loan

20% of Revenue

Secured by assets of CoDwell

Company Description

Turn a school campus, its dorms and classrooms and other facilities, into a place for multiple groups of people to live and work and thrive together, with the groups having some shared and some distinct interests and passions.

In five years, we hope to have 80-100 resident members, 4-8 conceptually distinct intentional communities, hosting some thousands of visitors per year at events ranging from educational to spiritual to recreational.

Given the Company’s limited operating history, the Company cannot reliably estimate how much revenue it will receive in the future, if any.

Perks

Invest $1,000+ for Visit and stay with us for one week.
$4,000+ Visit and stay with us for one month.
$25,000+ Host a 100-person one-day event (e.g. a wedding) on our property, or join us as a resident for six months.
$200,000+ Host a 500-person three-day event on our campus with sleeping accommodations for 25 people (e.g. a faire), or join us as a resident for up to three years.
Invest $1,000+ for Visit and stay with us for one week.
$4,000+ Visit and stay with us for one month.
$25,000+ Host a 100-person one-day event (e.g. a wedding) on our property, or join us as a resident for six months.
$200,000+ Host a 500-person three-day event on our campus with sleeping accommodations for 25 people (e.g. a faire), or join us as a resident for up to three years.

Key Deal Facts

Support new models of co-living
Ensure ongoing community access to natural activity space
Join us as an organizer or resident

Use of Proceeds

$100,000 

  • 5% - Pre-launch operating costs. Travel, legal, government filings, etc.
  • 7.5% - Wefunder fees
  • 87.5% - Capital contribution to purchase of real estate

$1,070,000

  • 1% - Pre-launch operating costs. Travel, legal, government filings, etc.
  • 7.5% - Wefunder fees
  • 91.5% - Capital contribution to purchase of real estate

Management Team / Advisory Board Bios

Sparr Risher
Founder
Founder of multiple experimental co-living ventures in Boston and San Francisco.

Deal Notes

Revenue Sharing Loan

20% of Revenue

Secured by assets of CoDwell

Amount Raised : $19,280
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Security Description

Revenue Sharing is a form of lending that involves sharing revenue from the business with investors as return on their investment. It is often a fixed percentage of revenue and you are paid until you earn a total return on your investment.

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