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Security Type
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Revenue Sharing
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Categories
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Real Estate
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Min Investment
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$100
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Location
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San Francisco, CA
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Offering Date
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September 18, 2020
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Expected Close Date
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January 13, 2021
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Target Raise
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$100.00K-$1.07M
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Deal Notes
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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.
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
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
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.
Management Team / Advisory Board Bios
Sparr Risher
Founder
Founder of multiple experimental co-living ventures in Boston and San Francisco.
