Edmondson Village

Edmondson Village

Building Black wealth through community-owned shopping centers.

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Expected Close Date
April 30, 2023
Target Raise
No. Investors
Security Price
Number of Employees
Short Term Debt
Cost of Goods
Long Term Debt
Net Income

Company Description

The Chicago TREND Corporation has negotiated a contract to acquire the 316,474 square foot Edmondson Village Shopping Center in Baltimore, MD for $17,050,000. TREND is launching a crowdfunding campaign to allow Black entrepreneurs, community residents and other interested socially-minded impact investors – with as little as $1,000 – to co-own the Shopping Center.

Key Deal Facts

Strategic. Purchase profitable urban community shopping centers in partnership with Black entrepreneurs and community investors, Building Black wealth. Providing a path for increased ownership opportunities of real estate assets., Supporting Black talent. Providing opportunities to Black-owned businesses and opportunities for local community employment, Scalable. Planning to provide investment opportunities in 10-100 service oriented community shopping centers, Black-owned. Project led and owned by a Black team, Return. 49% of cash flow and profit to investors
Amount Raised : $267,000
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