Kemble Berkshires

Kemble Berkshires

Sharing luxury in the shared economy, Carbon Neutral

Shared Estates Asset Fund (the Sponsor) has a mission to democratize and preserve the world’s finest historic real estate by creating modern, luxurious and sustainable properties for rental in the sharing economy. With the rise of the sharing economy, driven by companies such as Airbnb and VRBO, no one needs to own a large country home to use only a week or two per year.

Security Type
Preferred Stock
Industry
Real Estate
Min Investment
$1,000
Location
Irving, TX
Offering Date
September 07, 2021
Security Price
$1

Use of Proceeds

Raising money to purchase and renovate and operate The Kemble Berkshires as a shared estate.

Management

Daniel Dus, Managing General Partner of Shared Estates Asset Fund, GP, the Sponsor and Manager of, Shared Estates Asset Fund 1, LLC, which in turn is the Manager of The Kemble Berkshires.
Daniel is currently President at the number three commercial and industrial solar contractor in the U.S., according to Solar Power World.

Orion Parrott, General Partner of Shared Estates Asset Fund, GP
He is a serial entrepreneur and Berkeley MBA. After living in Massachusetts where he worked as a Raytheon Systems Engineer, he spent the last seven years building businesses in tech and finance on the West Coast. His last venture was a mortgage software company that received investment from Y Combinator, the world’s number one startup accelerator. Orion has successfully owned and operated rental property for over 20 years. He previously served as Treasurer on the board of a California 501c3 dedicated to preserving mid-century modern architecture. Orion’s role on the team includes finance, operations, compliance and marketing.

Anna Battoe is an attorney (J.D. - University of Florida, Fredric Levin College of Law) and trained accountant (B.A. - University of Iowa, Tippie College of Business). She has spent the past eight years working in banking regulatory compliance, both directly for a large financial institution and prior to that, serving a range of financial institutions through a consulting firm. Previously, she interned in private accounting with The United States Treasury (Bureau of the Public Debt, Office of Chief Counsel) and United States Securities and Exchange Commission (SEC).

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Security Description

Preferred securities are a type of investment that generally offers some sort of preferred treatment through a dividend or preferred treatment in a liquidation.

Key Deal Facts

Luxury for everyone. Renovation of an historic luxury estate for middle-class family gatherings.
Sharing economy. Lower cost per person than standard hotel rooms.
Sustainable. Carbon neutral, no single-use amenities, reclaimed building materials.
Robust vacation market. Year-round tourist activities.
Cultural epicenter. MASS MoCA, Tanglewood and Jacob's Pillow are among the many cultural neighbors.
Local commitment. Sponsor plans to donate 1% of total rental income to The Elizabeth Freeman Center, a local service supporting victims of domestic abuse and assault.

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