About this raise
44 East, a new residential condominium in Austin, is raising crowdfunding on Republic. It is a 49-story 322-unit condominium at a unique location with breathtaking views. The condo is exquisitely designed by Michael Hsu Office of Architecture and boasts of a neighboring park, water, and urban settings. 44 East is led by Janine Yorio and Jesse Stein and will be owned by Compound Projects. The proceeds of the current round of crowdfunding, with a minimum target of $32,250 and a maximum target of $443,715, will be used for the acquisition of the property. 44 East is located at an excellent location where home values have appreciated by 63.8% over the past ten years. The acquisition is expected to close in the fall of 2021, and the apartment will be leased post-acquisition.
Investment Overview
Not Funded: $375,694
Deal Terms
Company & Team
Company
- Year Founded
- 2019
- Industry
- Real Estate & Construction
- Tech Sector
- Distribution Model
- B2C
- Margin
- Low
- Capital Intensity
- High
Upgrade to gain access
-
$12.50 /month
billed annually - Free portfolio tracking, data-driven ratings, AI analysis and reports
- Plan Includes:
- Everything in Free, plus
- Company specific
Kingscrowd ratings and analyst reports
- Deal explorer and side-by-side comparison
- Startup exit and failure tracking
- Startup market filters and historical industry data
- Advanced company search ( with ratings)
- Get Edge Annual
Edge
Company Funding & Growth
Funding history
Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|---|
44 East | 09/30/2021 | Republic | $645,000 | $375,694 | Equity - Common | Not Funded | RegCF |
Flatiron- Miami | 06/26/2021 | Republic | $532,000 | $212,800 | SAFE | Funded | RegA+ |
Illume- Nashville | 06/25/2021 | Republic | $463,000 | $106,490 | SAFE | Funded | RegA+ |
Draper Startup House- Austin | 12/31/2020 | Republic | $5,074,602 | $170,625 | Equity - Common | Not Funded | RegCF |
44 East- Austin | 08/26/2020 | Republic | $463,000 | $193,500 | Equity - Common | Not Funded | RegCF |
Flatiron- Miami | 08/18/2020 | Republic | $532,000 | $300,000 | Equity - Common | Funded | RegCF |
Illume- Nashville | 08/18/2020 | Republic | $463,000 | $324,100 | Equity - Common | Funded | RegCF |
Compound: Reach | 03/10/2020 | Republic | $495,000 | $97,270 | Equity - Common | Funded | RegCF |