Edmondson Village

Edmondson Village

Building Black wealth through community-owned shopping centers.

Print
Claim My Business
Form C
View on Small Change
Location
CHICAGO, IL
Expected Close Date
April 30, 2023
Target Raise
$100.00K-$980.00K
No. Investors
95
Security Price
$1
Website
chicagotrend.com
Number of Employees
0
Cash
$0
Revenue
$0
Short Term Debt
$0
Cost of Goods
$0
Long Term Debt
$0
Net Income
$0

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
Reveal the Score by Voting
＿
Additional ratings from other users are needed to determine a viable CrowdScore for this deal.
The "CrowdScore" for this deal is determined by user ratings and other factors using our proprietary algorithm.
ⓘ
The overall viability and scalability of the business concept as well as the ability to drive the concept to profitability over time.
Business Idea
ⓘ
The progress made thus far in demonstrating that the business has viability, a customer base or other business traction.
Business Traction
ⓘ
The experience of the management team in running, scaling and/or exiting a business that required similar skills to execute the business plan.
Management Team
ⓘ
The value of the company compared to similar companies raising money from investors.
Valuation

Research Reports

No reports have been submitted

Become a Reporter
Read Our Research Disclaimer

0 Comments

Post Comment