Commongrounds Cooperative

Early Stage

Real Estate

Analytics

Raised to Date: Raised: $48,400

Aggregate Commitments $

Platform

MainVest

Start Date

10/08/2021

Close Date

12/03/2021

Min. Goal

$100,000

Max. Goal

$1,500,000

Min. Investment

$100

Security Type

Revenue Share Note

Funding Type

RegCF

Rolling Commitments $

Status

Active

Reporting Date

10/17/2021

Days Remaining

47

% of Min. Goal

48%

% of Max. Goal

3%

Likelihood of Max
unlikely
Avg. Daily Raise

$5,378

Momentum
warm
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Location

Traverse City, Michigan

Industry

Real Estate & Construction

Tech Sector

Non-Tech

Commongrounds Cooperative is raising funds on MainVest. It is a real estate cooperative in Traverse City that aims to develop real estate to meet community needs. The cooperative will be a building project and will also serve as the backbone for activities, wellness, and arts. Commongrounds Cooperative will offer two classes of ownership, real estate tenant owners and members of the community. Katherine Redman founded Commongrounds Cooperative in March 2018. The current crowdfunding campaign has a minimum target of $100,000 and a maximum target of $1,500,000. The campaign proceeds will be used for buildout costs and operating capital.
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Commongrounds Cooperative on MainVest 2021
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Platform: MainVest
Security Type: Revenue Share Note

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