Reitium Bi-Weekly Update: August 26, 2018
It’s been three weeks since our last update due to the whole team being on the road last week and we have a plethora of things to share.
A BIG CONGRATULATIONS
One of the favourite people around the Reitium office, our dynamic CPO & Co-Founder, Michael Moll married college sweetheart, Harper Yungwirth yesterday in a beautiful island ceremony, surrounded by 100 family and friends who joined from across the globe.
Michael and Harper are off on their weeklong honeymoon to Hawaii tomorrow.
“We’re excited to add Cozystay to our growing list of partners. This partnership is a prime example of how Reitium’s platform and abilities can be integrated and help existing companies benefit from new technology. We look forward to working with the team at Cozystay, helping them offer unique travel experiences across the globe.” — CEO, Thomas Park.
We’ve partnered up with a local charity, Gen Squeeze to offer their audience of 40,000+ young Canadians the ability to enter the property market through purchasing fractional real estate assets from Reitium.
A bit about Gen Squeeze:
A voice for young Canadians — and inclusive for all ages — where the driving focus is on empowering the millions of younger Canadians (20s, 30s and 40s) who are trying to create a life for themselves, but are being held back due to stagnant incomes, high costs, lack of housing, less time and mounting debts.
Learn more: https://www.gensqueeze.ca/
New Advisor — Terence Park
Currently the CEO and Portfolio Manager at Block Tech Capital, an investment fund focusing on investing in innovative early stage blockchain companies, Terence also acts as an advisor to other blockchain projects.
Terence brings 15+ years of investment banking and principal investing experience, and serves as a managing director at a merchant bank where he sources and invests in early stage companies, taking an active role in enhancing the business strategy, building the management team, raising capital and positioning the company for an exit strategy. He also leads M&A advisory and corporate finance transactions.
Prior to this he was an established senior equity research analyst in Asia having covered the industrial and non-bank financial sectors, as well as macro and strategy at CLSA. Terence was consistently ranked in the top quartile by both Thomson Reuters and Bloomberg for stock recommendation and earnings forecast accuracy, and won Wall Street Journal’s award in 2013 as a top 3 stock picker in Asia for his sector. Terence holds a bachelor of arts degree in Economics from the University of Toronto, and is a CFA Charterholder.
Currently we have $280 million in letters of intent for properties looking to be onboarded onto our platform. Globally they are family offices, REITs, sovereign wealth funds, developers, investors, hoteliers, to name a few.
Partnerships Being Explored
We are in the midst of exploring a partnership with a company who offers balanced and impartial research and economic insights integrated with relevant and cutting-edge analysis in the Real Estate market.
They bring the critical information, opinions of industry thought leaders, and proven strategies of success together in a way that investors can use to make the right decisions on where, when, and why to invest in real estate.
They employ and partner with individuals and businesses with specific expertise in areas of buying and investing in real estate or that provide supporting real estate services.
- Reitium Founders Spotlight: Laura Fortey
- REITIUM, an asset-backed real estate investment platform has partnered with Cozystay , to support tokenization within the vacation rental market
- REITs, Crowdfunding and Blockchain — A Look at the Real Estate Investment Space
- Reitium Advisor Spotlight: Thomas Tiedemann
- Reitium Bi-Weekly Update: August 4, 2018
Futurist Conference, August 14–16, Toronto
Our booth was swarmed the entire time we were at the conference. Not even having enough time to grab lunch or watch any of the speakers, we were told we were the most popular booth there.
Michael was selected to speak and give a presentation, drawing in a full house, explaining to the audience how Reitium allows anyone worldwide to invest in real estate assets for as little as $100.
Upcoming Conference Road Show
For: Meeting with current and potential partners
For: TokenFest where we will be boothing and speaking on a panel
China: Shanghai, Beijing, Hong Kong
For: Strategic meetings with investors and partners
For: Conference and meetings with potential investors and partners
If you’d like to book a meeting with our team while we are in your city, please email CEO, Thomas Park: firstname.lastname@example.org.