Test the Waters
Nyce Presents: Temple Iii

Nyce Presents: Temple Iii

Smart-Tech Student Housing Next To Temple University

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Categories
Real Estate
Min Investment
$250
Location
Philidelphia, PA
Offering Date
November 03, 2021
Expected Close Date
February 01, 2022

Company Description

TEMPLE III is the latest NYCE-developed “Silicon Valley”-style student housing community, following the smashing success of Philicon Square. Powered by a formal partnership between NYCE and Temple University, this development boasts (29 individual apartments + 1 commercial unit), sitting directly next to the historic Uptown Theater.

Key Deal Facts

PHASE III of NYCE’s Temple University smart-tech “hacker house” developments
Seen in Forbes, Business Insider, CNBC, TechCrunch and more
66 tech-powered co-living units with 24/7 security one block from Campus
Projected $9.14M valuation once built (see financials)
2x return on equity on NYCE’s past projects TEMPLE I & NYCE (12 months)
LOCATION: 230 ft from Subway station, 10 minutes from Downtown, one block from campus
Opportunity Zone investment; defer capital gains
Ongoing partnership with Temple University to insure tenant inflow

Management Team / Advisory Board Bios

Philip Michael
CEO, NYCE
As head of NYCE, Philip’s led NYCE to a record-setting raise, built the NYCE app, while adding $211M in AUM during a pandemic. Has 131K followers on Instagram.

Martin Braithwaite
Co-Founder, NYCE
Slapped with a $324M price tag, Martin Braithwaite is an FC Barcelona striker alongside Leo Messi. As CVO, Martin is responsible for the overall long-term vision of NYCE.

Michael Hallett, PBDC
General Contractor
Having picked up the passion for construction at an early age, Mike works to coordinate all aspects of construction for PB+DC clients and development projects with his talented team.
Amount Raised : $252,692
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