Kemble Berkshires

Kemble Berkshires

Sharing luxury in the shared economy, Carbon Neutral

Security Type
Preferred Stock
Categories
Real Estate
Min Investment
$1,000
Location
Irving, TX
Offering Date
September 07, 2021
Target Raise
$1M-$2M
Security Price
$1

Company Description

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.

Use of Proceeds

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

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.

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.

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